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Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares (English Version)

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  • William Goetzmann
  • Matthew Spiegel
  • Andrey Ukhov

Abstract

This paper examines governance explanations for the discount of

Suggested Citation

  • William Goetzmann & Matthew Spiegel & Andrey Ukhov, 2002. "Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares (English Version)," Yale School of Management Working Papers ysm278, Yale School of Management, revised 01 Oct 2002.
    • Handle: RePEc:ysm:wpaper:ysm278
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    References listed on IDEAS

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    1. Luigi Zingales, 1995. "What Determines the Value of Corporate Votes?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(4), pages 1047-1073.
    2. Horner, Melchior R., 1988. "The value of the corporate voting right : Evidence from Switzerland," Journal of Banking & Finance, Elsevier, vol. 12(1), pages 69-83, March.
    3. Smith, Brian F. & Amoako-Adu, Ben, 1995. "Relative Prices of Dual Class Shares," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 30(2), pages 223-239, June.
    4. Levy, Haim, 1983. "Economic Evaluation of Voting Power of Common Stock," Journal of Finance, American Finance Association, vol. 38(1), pages 79-93, March.
    5. Spiegel, Matthew, 1998. "Stock Price Volatility in a Multiple Security Overlapping Generations Model," The Review of Financial Studies, Society for Financial Studies, vol. 11(2), pages 419-447.
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