Organization and Development of Russian Business A Firm Level Analysis 10 potx

... adopted or enacted in 1992 onward are laws of the Russian Federation. b A: Market and trade liberalization, B: Privatization and bankruptcy measures, C: Organization and corporate governance reform, ... 978023_0217287_03_cha01. dd 20 5/12/2009 5:19:14 PM 22 Organization and Development of Russian Business With loans-for-shares auctions, the Russian government dr...

Ngày tải lên: 20/06/2014, 23:20

... as privatized and reorganized ones. A very high level of concentration was also characteristic of large public companies. According to a survey by Standard & Poor’s of 80 Russian com- panies ... profits, having higher company capitalization, and expanding their market share. In addition, majority shareholders, who, as a rule, maintain operational management in thei...

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... 30 in Nevada and Delaware and to 50 in Georgia and Wisconsin), as in Russia. 3 This sug- gests that the Russian company law had broken away from the tradition of continental law and boldly ... many Russian companies, a small number of shareholders own a significant amount of the total shares, which means that, for the top management and major shareholders of Rus...

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... 3:46:34 PM 92 Organization and Development of Russian Business which made it possible to carry out a detailed investigation of 741 board chairmen and 4,818 directors. In addition, databases belonging ... bargaining variables, which reflect the bargaining power of managers and that of interested par- ties who are in conflict with the managers, and other governance v...

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... management of that company to offset the loss of the top manager’s firm- specific knowledge and experience. This is particularly true of dominant shareholders, mainly Russian oligarchs and business ... (2007b). 9780230_217287_07_cha05. dd 125 5/14/2009 3:47:54 PM 144 Organization and Development of Russian Business At any rate, the presence of an empirical rela...

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... U.S. and Russian managers, International Studies of Management and Organization, 27: 85 106 . Elenkov, D. S. (1998) Can American management concepts work in Russia? A cross- cultural comparative ... (0.283) Level of education of general director (lack of higher education in economics and management as a basic category) Higher education in economics and management...

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... data. 9780230_217287_11_cha09. dd 223 5/14/2009 11:06:15 AM 220 Organization and Development of Russian Business experience of an empirical analysis of Russian companies’ performance (Avdasheva et al. 2007). A positive ... Fumikazu Sugiura, and Andrei Yakovlev as well as participants of the Joint Workshop of Japan Association of Comparative Economic Studies a...

Ngày tải lên: 20/06/2014, 23:20

... Total 100 .0 100 .0 100 .0 100 .0 100 .0 100 .0 100 .0 100 .0 Source: Compiled and calculated by the author based on the accounting data submitted by Sberbank to and published by the Central Bank of Russian ... same data, found that low -level bureaucratic corruption and excessive state regulations facilitate the formation of business associations, that is, a dec...

Ngày tải lên: 20/06/2014, 23:20

... colleagues Tatiana Dolgopyatova, Larisa Gorbatova, Ichiro Iwasaki and Anna Lukyanova, as well as Lev Freinkman, Daniel Treisman, and other participants in the HSE-NES conference “Frontiers of ... and to obtain financial market appraisals of their perform- ance. As a result, two leading Russian state-controlled banks, Sberbank and VTB-Bank, as well as the state-owned Rosneft...

Ngày tải lên: 20/06/2014, 23:20

... and the basic attributes of their board members. As Table 4.1 demonstrates, as of the first half of 2005, joint-stock com- panies in Russia had an average number of 6.6 board members (standard ... fund-raising activities, and financial performance. Furthermore, the governance variables are divided into bargaining variables, which reflect the bargaining power of managers and...

Ngày tải lên: 21/06/2014, 12:20