Corporate Governance in Russia

Published by De Gruyter 2021

Corporate Governance in Russia

Quo Vadis?

Edited by: Alla Dementieva and Elena Zavyalova

Volume 3 in the series De Gruyter Studies in Corporate Governance

https://doi.org/10.1515/9783110695816

Overview
Contents

About this book

This book explores discussions and practice around corporate governance in Russia from the early 1990s until 2018. 　It covers three major aspects of corporate governance theory and practice: a vision of corporate governance in Russia in the context of global trends and challenges, the general perception of corporate governance in Russia, and the real nature of Russia’s corporate community from the viewpoint of its corporate governance practices.

It provides a unique complex analysis and detailed description of how corporate governance has been perceived by both Russian regulators and the business community, and how it has been applied in Russian companies. This analysis covers the period of over 25 years: from early attempts at directing transfer and implanting the Western model of corporate governance to the nascent Russian big private business, up to the period of resurgence of the state as the dominant player both in Russian society and its economy at large. It gives an understanding of what corporate governance is in Russia in the days of "sovereign democracy" and confrontation with the West.

It explains how cultural, political, economic and institutional factors have shaped corporate governance in Russia. The authors provide insights into such aspects of Russian corporate governance framework and practices as regulatory philosophy and enforcement, ownership structure, the role of the state, the impact of unfriendly domestic business climate, how the value of corporate governance is perceived in Russian context, etc.

Predominantly, the book paints an interesting picture of how the "sovereign corporate governance" model has been shaped in Russia.

This book will be useful not just for experts in corporate governance and investors, but also for those who have an interest in modern Russia at large.

Explores the development of corporate governance in Russia.

Shows how corporate governance is perceived by Russian regulators and businesses.

Explains how cultural, political, economic and other factors have shaped corporate governance in Russia.

Author information

Alla Dementieva, MGIMO University, Russia; Elena Zavyalova, MGIMO University, Russia

Topics

Frontmatter Publicly Available Download PDF	I
To the readers Publicly Available Download PDF	V
Commentary Publicly Available Download PDF	VII
Contents Publicly Available Download PDF	IX
Introduction Publicly Available Download PDF	XIII
Part I
1 Corporate Governance Concept: Modern Approaches Alla Dementieva, Olga Dubovskaya and Natalya Brovko Requires Authentication Unlicensed Licensed Download PDF	1
2 Before the Era of Digitalization: The Transformation of a Shareholders’ Corporation to a Stakeholders’ Corporation Vladimir Milovidov and Yulia Bochkova Requires Authentication Unlicensed Licensed Download PDF	15
3 Current Trends in Corporate Governance Alla Dementieva, James C. Leontiades and Olga Dubovskaya Requires Authentication Unlicensed Licensed Download PDF	25
4 Corporate Governance 2.0 and the Digitalization of Corporations Vladimir Milovidov and Yulia Bochkova Requires Authentication Unlicensed Licensed Download PDF	35
Part II
5 Dialectics of Corporate Management Development in Russia Vladimir Verbitskiy and Farida Kardanova Requires Authentication Unlicensed Licensed Download PDF	47
6 The Evolution of the Legal Regulation of Corporate Relations in Russia Sergey Vodolagin Requires Authentication Unlicensed Licensed Download PDF	57
7 Current Trends in the Legal Regulation of Corporate Relations Sergey Vodolagin Requires Authentication Unlicensed Licensed Download PDF	67
8 The Russian Financial Market: Progress and Challenges Konstantin Manuylov, Vasily Tkachev and Inna Andronova Requires Authentication Unlicensed Licensed Download PDF	77
Part III
9 Russian Corporate Sector: A Portrait Alla Dementieva, Olga Kandinskaia and Olga Dubovskaya Requires Authentication Unlicensed Licensed Download PDF	93
10 Russian Quasi-corporation As It Is Igor Belikov Requires Authentication Unlicensed Licensed Download PDF	103
11 Russian Corporate Boards: How to Pull Oneself Out by the Hair Igor Belikov Requires Authentication Unlicensed Licensed Download PDF	115
Part IV
12 Formation and Development of Russia’s Corporate Strategic Planning in a Market Economy Raisa Nozdreva and Mitsuaki Shimaguchi Requires Authentication Unlicensed Licensed Download PDF	129
13 The Role of the Board of Directors in Corporate Strategic Planning and the Main Areas for Improvement in its Forms and Methods Raisa Nozdreva Requires Authentication Unlicensed Licensed Download PDF	139
14 Features of Long-term Strategic Planning in Medium-sized Companies with State Participation Irina Tkachenko Requires Authentication Unlicensed Licensed Download PDF	151
15 Internal Audit as an Ethics Standard for Smart Corporate Governance Design Igor Turuyev, Ulugbek S. Ziyadullaev and Lyudmila Zainullina Requires Authentication Unlicensed Licensed Download PDF	163
Part V
16 Corporate Social Responsibility Elena Zavyalova, Jae Sung Lee and Elena Ostrovskaya Requires Authentication Unlicensed Licensed Download PDF	173
17 Corporate Governance and Environmental Reporting in Russian Companies: Present and Future Irina Tkachenko, Irina Pervukhina and Oksana Sokolovskaya Requires Authentication Unlicensed Licensed Download PDF	189
18 Corporate Social Responsibility and Corporate Governance Ratings as a Component of Sustainable Development Viktor Onuchak, Ekaterina Nikitchanova and Maria Grineva Requires Authentication Unlicensed Licensed Download PDF	201
Part VI
19 Organizational Culture in the Corporate Governance System Marie Sokolova, Diana Madiyarova and Asya Pshikhacheva Requires Authentication Unlicensed Licensed Download PDF	213
20 Corporate Conflicts Elena Zavyalova, Zogbe Pepe Khorrine and Elena Ostrovskaya Requires Authentication Unlicensed Licensed Download PDF	225
21 Russian Companies: Talent Management at the Top Marie Sokolova and Marianne Nepoklonova Requires Authentication Unlicensed Licensed Download PDF	237
Conclusion: Reflections on the Current State of Russian Corporate Governance from a Capital Markets Perspective Christian Schopper Requires Authentication Unlicensed Licensed Download PDF	249
Contributors Requires Authentication Unlicensed Licensed Download PDF	255
Index Requires Authentication Unlicensed Licensed Download PDF	259

(Deutsch)

Language: English
Publisher: De Gruyter
Audience: Academic researchers in corporate governance
Pages
- Front matter: 14
- Main content: 262
Illustrations
- Illustrations: 17
- Tables: 16
Keywords: Corporate governance; Russian corporate sector; state ownership; Board of Directors; economic sanctions

eBook

Published: December 16, 2020
ISBN: 9783110695816

Hardcover

Published: December 16, 2020
ISBN: 9783110695700