Corporate Governance in Russia

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.

Aceasta carte exploreaza discutiile si practicile legate de guvernanta corporativa din Rusia de la inceputul anilor 1990 pana in 2018. Aceasta acopera trei aspecte majore ale teoriei si practicii guvernantei corporative: o viziune a guvernantei corporative in Rusia in contextul tendintelor si provocarilor globale; perceptia generala a guvernantei corporative in Rusia; si natura reala a comunitatii corporative din Rusia din punctul de vedere al practicilor sale de guvernanta corporativa. Ofera o analiza complexa unica si o descriere detaliata a modului in care guvernanta corporativa a fost perceputa atat de autoritatile de reglementare rusesti, cat si de comunitatea de afaceri si de modul in care a fost aplicata in limba rusa. companii.