[PDF] Ownership Structure And Firm Performance In Russia - eBooks Review

Ownership Structure And Firm Performance In Russia


Ownership Structure And Firm Performance In Russia
DOWNLOAD

Download Ownership Structure And Firm Performance In Russia PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Ownership Structure And Firm Performance In Russia book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page





Ownership Structure And Firm Performance In Russia


Ownership Structure And Firm Performance In Russia
DOWNLOAD
Author : Pavel V. Kuznecov
language : en
Publisher:
Release Date : 2001

Ownership Structure And Firm Performance In Russia written by Pavel V. Kuznecov and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.




Ownership Structure And Company S Performance


Ownership Structure And Company S Performance
DOWNLOAD
Author : Dauren Chagirov
language : en
Publisher:
Release Date : 2020

Ownership Structure And Company S Performance written by Dauren Chagirov and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Corporations categories.


The thesis investigates the relationship between the ownership structure and the financial performance of publicly-listed firms in Russia. The 2015-2018 average values of market-to-book equity ratio (M/B) and return on assets (ROA) are used for evaluation of the firm's performance. Furthermore, 2014 values for managerial and state shareholdings are employed for measuring the ownership structure of the company. To my knowledge, no paper has examined the relationship between managerial shareholdings and performance of Russian firms both on individual firm and portfolio levels. Using single and two-stage least squares regressions, I find a statistically significant negative impact of both managerial and state shareholdings on the strategic performance (measured by M/B) of the firms. While the negative influence of state shareholdings on strategic performance is anticipated and supported by literature, the negative effect of managerial ownership is unexpected. At the same time, I conclude no impact of both managerial and state ownership on operational efficiency (measured by ROA) of the firm. I also employ a portfolio approach to examine the relationship between state ownership and performance measured by stock returns. I compare average monthly returns and total returns across the industries and M/B. Based on the portfolio approach, I cannot conclude that publicly-listed firms without state-owners perform significantly different from state-controlled entities.



Financial Architecture And Corporate Performance


Financial Architecture And Corporate Performance
DOWNLOAD
Author : Maria Kokoreva
language : en
Publisher:
Release Date : 2013

Financial Architecture And Corporate Performance written by Maria Kokoreva and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.


In this paper we study the performance effects of capital structure, ownership structure and corporate governance of Russian companies. To address the lack of research in corporate performance modeling in emerging markets we contribute to the literature by introducing a cluster analysis of the financial architecture and market performance of Russian companies. Our goal is to find out the most efficient and inefficient types of financial architecture in emerging markets. Using a sample of 52 of the largest Russian non-financial companies between 2005-2010 we demonstrate the existence of three sustainable types of financial architecture. Using cluster analysis we form clusters of companies in the pre-crisis period and then demonstrate the relationship between the type of financial architecture and the level of market performance.



Corporate Governance In Russia


Corporate Governance In Russia
DOWNLOAD
Author : Alla Dementieva
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2020-12-16

Corporate Governance In Russia written by Alla Dementieva and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-16 with Business & Economics categories.


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.



Corporate Governance In Central Europe And Russia


Corporate Governance In Central Europe And Russia
DOWNLOAD
Author : Maria Aluchna
language : en
Publisher: Springer Nature
Release Date : 2020-03-04

Corporate Governance In Central Europe And Russia written by Maria Aluchna and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-04 with Business & Economics categories.


This book examines corporate governance through a holistic lens that integrates financial, social and environmental goals, e.g. increasing transparency and disclosure. In addition, it investigates the theoretical assumptions guiding the current corporate governance practices adopted by companies in Central Europe and Russia. The book presents a dynamic study on the evolution of corporate governance systems, which were practically non-existent just 30 years ago. In turn, it addresses criticism leveled at corporate governance, its impact on the outbreak of the financial crisis, and recommendations for changes after the crisis. The book employs a regional focus, exploring a group of countries that have often been neglected in corporate governance research. Carefully selected data and a variety of case studies prepared by leading authors from the region provide evidence to support the analysis.



Russian Corporations


Russian Corporations
DOWNLOAD
Author : Andrei Kuznetsov
language : en
Publisher: Routledge
Release Date : 2018-10-24

Russian Corporations written by Andrei Kuznetsov and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-24 with Business & Economics categories.


Do you understand what it takes to conduct business successfully in the new Russia? The large-scale market reforms that revolutionized Russian business are now nearly a decade old. In this period, as editor Andrei Kuznetsov puts it, ”The Russian economy has acquired some intriguing characteristics that affect any firm or person wishing to do business in Russia. Most noticeable of them are the spread of barter transactions, a low level of investment activities, labor hoarding, and the importance of networks and unorthodox forms of corporate governance.” Russian Corporations: The Strategies of Survival and Development shows that while predictions of the quick development of a functional market economy in the new Russia have not, for the most part, come true, it is nevertheless possible, if one’s preconceptions are properly modified, to do business successfully there. In this timely and informative book you will find: information about the scale and scope of barter in the new Russia--how it works and why it is crucial to the survival of industry the pros and cons of insider shareholding in the new Russia the evolution of ownership structures and patterns of control in Russian firms a discussion of investment (and the lack of it) in Russian industry data about supplier/buyer relationship management in the region Investors, businesspeople, educators, and students will all find fascinating information in Russian Corporations: The Strategies of Survival and Development. This single source will bring you up to date on the theory and practice of corporate business in the new Russia.



Organization And Development Of Russian Business


Organization And Development Of Russian Business
DOWNLOAD
Author : Tatiana Dolgopyatova
language : en
Publisher: Springer
Release Date : 2009-07-16

Organization And Development Of Russian Business written by Tatiana Dolgopyatova and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-16 with Business & Economics categories.


This book is designed to scrutinize the Russian business sector in transition with special attention to firm organization, business integration, corporate governance, and company management. Using a unique dataset of Russian joint-stock companies, the authors empirically analyze key issues for understanding the Russian corporate sector.



The Determinants Of Privatized Enterprise Performance In Russia


The Determinants Of Privatized Enterprise Performance In Russia
DOWNLOAD
Author : Manuela Angelucci
language : en
Publisher:
Release Date : 2002

The Determinants Of Privatized Enterprise Performance In Russia written by Manuela Angelucci and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business enterprises categories.




After Voucher Privatization


After Voucher Privatization
DOWNLOAD
Author : John S. Earle
language : en
Publisher:
Release Date : 1997

After Voucher Privatization written by John S. Earle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Manufactures categories.




Ownership Structures Patterns Of Control And Enterprise Behavior In Russia


Ownership Structures Patterns Of Control And Enterprise Behavior In Russia
DOWNLOAD
Author : J. Earle
language : en
Publisher:
Release Date : 1996

Ownership Structures Patterns Of Control And Enterprise Behavior In Russia written by J. Earle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business enterprises categories.