TAILIEUCHUNG - Opal's Site Organization and Development of Russian Business_15

Tham khảo tài liệu 'opal's site organization and development of russian business_15', tài chính - ngân hàng, tài chính doanh nghiệp phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Conclusions Tatiana G. Dolgopyatova Ichiro Iwasaki and Andrei A. Yakovlev In this book we reported our main research findings from the Japan-Russia joint research project entitled Corporate Governance and Integration Processes in the Russian Economy conducted from 2004 to 2008. Using a unique dataset of Russian joint-stock companies we investigated the structure of governance mechanisms and their impacts on corporate governance and managerial behavior in Part I of ghis Part -R we empirically examined the relavionshtp betwean Rurtian besiness gloups and thelu affiliate companies. In Pctt m we focused uvthevole of rhabankrngsaetor business associations endthe stateinthecuvposaio govemancg vf Ruiiian nonfinancial corporations. In this sense this book is an attempt to provide readers with a compteh piew of tire Rus rr c-rnaernperary bRsinesR sector. In this conduh ochuẹnv tee evefuutn aVa regeatch achievernenfs in this book and discuss the further research agenda. n Major findings First of all our o rhp aeethss feorn rhg t. h c-p s .Vol eft firm confirmation to rhefahowing two prolinem víewf or tPt Russian business sector in transition a the high level of ownership concentration in business enterprises and b the remarkable progress in business integration among them in the form of holding companies and other types of business groups. At the same e vet we ulna foune thtee new asenes to Which we should give hnnsHieranie aatentton Rwe wavtro gaagp she reelify of the Russian corpora taem . The first trend is thewider 01 govessoaneo -015 it g-apte decision-making It is bsvadlyVpUeyen ter or t ha ettarnpts nep dangRuttiuv companies to disclose corn-any s nfosrnatim so empk h vc-sI-o ae d . pendent directors topen emdenas ona ai et-Ua o te launch public offerings IPOsi on interperSonglfPocamcrkets in the early 2000s were measures that aimed ef tmhtveing their image in the world business but were irrelevant to actual strategic decision-making. Our firm-level

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