International Integration and Corporate Governance in Russia

Yukhanaev, Andrey, Nguyen, Thuyuyen, Demirbas, Dilek and Galvin, Peter (2014) International Integration and Corporate Governance in Russia. In: Handbook of Research on Global Business Opportunities. IGI Global, Hershey, PA, pp. 239-267. ISBN 9781466665514

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This chapter considers the institutional environment in Russia, its potential impact upon governance practices, and the attitudes of Russian executives towards the alignment of governance processes relative to international standards. Focusing on corporate board directorship, the research addresses the extent that the harmonization of governance to international standards may assist boards of directors to improve their corporate development. Using a survey questionnaire, the authors explore perceptions of directors of public companies concerning the challenges of corporate governance development in the country. The study illustrates unanimity among the respondents about the reforms needed for international convergence of corporate governance standards. The results reveal that institutional alignment with good governance principles will foster strategic corporate development in the Russian economy. The study offers insights to policymakers in terms of enhancing legitimacy of corporate governance in the Russian context and provides a perspective for executives of foreign companies considering investment in the country.

Item Type: Book Section
Subjects: N100 Business studies
N200 Management studies
R700 Russian and East European studies
Department: Faculties > Business and Law > Newcastle Business School
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Depositing User: Thuyuyen Nguyen
Date Deposited: 09 Jun 2014 08:07
Last Modified: 19 Nov 2019 09:50

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