Titlebook: Organization and Development of Russian Business; A Firm-Level Analysi Tatiana Dolgopyatova (Chief Researcher, Professor) Book 2009 Palgrav

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The Structure of Corporate Boards3) that a board of directors plays the most important role in an internal control system. In a modern corporate system separating management from ownership, “boards are the overlap between the small, powerful group that runs the company and huge, diffuse, and relatively powerless group that simply w

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Management Team and Firm RestructuringThis group, according to surveys of the Russian Economic Barometer, became the major category of owners for the first time in 2003, with a 25% share in ownership structure, and maintained their leading position into 2007 with a 35% share (Aukutsionek et al. 2007). Therefore, a considerable number of

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Organizational Patterns of Corporate Control and Business Integrationhich model of governance dominant shareholders choose and whether or not they consent to the separation of executive management from company ownership. Reliance on hired management prompts owners to seek other methods of control over a business entity, and they sometimes resort to the use of interna

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Impact of Business Integration on Corporate Restructuring and Performancecompanies. The characteristic of this impact provides answers to two questions. The first is why BGs formed during the past decade remain an important part of the Russian industry and why their share continues to grow. An effort should be made to explain the emergence of major diversified amalgamati

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Business Associations: Incentives and Benefits from the Viewpoint of Corporate Governanceces were being expressed to conduct business in a legal and civilized anner (Razvitie Sprosa 2003; Yakovlev et al. 2006). One indicator of this demand is membership of entrepreneurs in a number of nongovernment organizations, such as guilds, unions, and organizations that are provided for in Article

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State-Business Relations and Improvement of Corporate Governance of institutional reforms (Stiglitz 1999), and many empirical studies confirmed this viewpoint. Therefore, a detailed study by Brown et al. (2006) based on data from 24,000 enterprises over the 1992–2002 period established that, while the Ukraine, Romania, and Hungary enjoyed increases in productivi