Evolution of Russian Corporate Governance
AbstractThe Russian corporate governance has evolved since the 1998 financial crisis. The author examines both normalization and preservation in the corporate structure, which can simultaneously be observed in the adaptation of Russian enterprises. The Russian corporate governance reflects the unique interests of its stakeholders and the embedded features of the society, for which the reforms are insufficient from the microeconomic aspects. Since the characteristics of corporate governance in Russia are based on its evolutionary transformation, Russian historical and cultural factors are believed to be retained in the medium term.
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Bibliographic InfoArticle provided by The Japanese Society for Comparative Economic Studies (JSCES) in its journal The Journal of Comparative Economic Studies.
Volume (Year): 1 (2005)
Issue (Month): (July)
Russia; Transformation; Corporate governance; Management; Corporate social responsibility; Institutions;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- P23 - Economic Systems - - Socialist Systems and Transition Economies - - - Factor and Product Markets; Industry Studies; Population
- P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
- P50 - Economic Systems - - Comparative Economic Systems - - - General
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