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...

This paper is analyzing the existing brand portfolio structures of luxury brands in fashion business. Theoretical models describing general brand portfolio approach and brand structures shaping the luxury market are considered in details. Retrospective analysis of luxury fashion brand portfolios...

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...

The process of CSR-related organizational learning in modern Russia is limited by the lack of the ethical standards as well as self-assessment and quality improvement models and procedures which can combine the hypernorms of global business with the national peculiarities. The CRT Principles for...

Over the past decade, commercial banks have devoted many resources to developing internal models to better quantify their financial risks and assign economic capital. These efforts have been recognized and encouraged by bank regulators. Recently, banks have extended these efforts into the field...

The crisis made Russian MNE's change their development strategies. The paper considers pre-crisis conditions of Russian MNE's development, the way the crisis influenced their status, the search for a new model of development. The hypotheses of the companies’ problems depth connection to...

There are five possible drivers of shareholders' value growth according to the theory of G.Arnold: increasing of the return on existing capital; raising investment in positive performance spread business units; divesting assets from negative performance spread units to release capital for more...

This working paper analyzed existing approaches to understanding firm's relationships strategy and interaction coordination mechanism. We present main features of relationships and interaction in Russian market and propose key assumptions on adaptation of existing research models and approaches...

Proceedings of the International Conference «Business Sustainability BS 2008», Minho, Portugal, 2008. pp. 158-163