Sharpe-Lintner’s and Black’s CAPM versions as prevailing CAPM versions and their applicability in the Russian stock market are reviewed. Demonstration of applicability of the CAPM in the Russian stock market would imply that investors’ behavior is rational and the Russian...

The paper is devoted to macroeconomic analysis of innovation activity. Being generated by national innovation system the innovation process is examined as a factor of economic development. Special emphasis is on econometric modeling of the impact the macroeconomic indicators of in-novation...

The paper analyzes connection between market capitalization and fundamental value of equity of a company estimated on the base of residual earnings model. The authors use a version of this model, which is well-known in the Western literature, adapted to Russia. It is concluded that book value of...

Research of structure and the maintenance of the personnel satisfaction in the company is usually used by different aspects of work for revealing character of the workers attitude to concrete directions, conditions and factors of professional activity into the scales' a range "satisfied —...

A paper is devoted to the problems of studying consumer behavior using up-to-date qualitative research methodologies. Nowadays, the status of academic discussion on application of qualitative methods in market research is similar to the 60-s, when available amount of data on consumer behavior...

This paper is devoted to analysis of organizational culture diagnosis methods for corporate training performance assessment. The "social-psychological criteria" concept for corporate training performance assessment is introduced. The results of corporate training impact empirical research using...

The paper demonstrates how the Randomized Aggregated Indices Method (RAIM) can be applied for the purpose of quality measurement (safety, efficiency, effectiveness, etc.) in case of the complex units in electricity sector. Particularly, RAIM is used for efficiency assessment of activities...

Applicability of the Black’s two-factor CAPM version in the Russian stock market is tested. Selecting explicit factors influencing risky assets return allows not only to evaluate the degree of Russian market’s effectiveness but also to determine structure of non-observable market...

The paper deals with approaches utilized for adjustment of well known Method of Aggregate Indices (MAI) to uncertainty conditions. The necessity for such adjustments occurs because of the shortage of numeric information. It appears at any stage of estimation of the aggregate quality index for...

It is commonly accepted that the business environment — encompassing features of the legal, regulatory, financial, and institutional system of a country — has an impact on the performance of firms. As barriers to doing business appear to vary widely across regions and countries, it...