Vernikov, Andrei (2007): Corporate governance and control in Russian banks. Published in: Working Paper
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The Working Paper examines peculiarities of the Russian model of corporate governance and control in the banking sector. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks featuring different forms of ownership. We focus on real interests of all stakeholders, namely bank and stock market regulators, bank owners, investors, top managers and other insiders. The Anglo-American concept of corporate governance, based on agency theory and implying outside investors’ control over banks through stock market, is found to bear limited relevance. We suggest some ways of overcoming the gap between formal institutions of governance and the real life.
|Item Type:||MPRA Paper|
|Original Title:||Corporate governance and control in Russian banks|
|Keywords:||banks; Russia; corporate governance|
|Subjects:||G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers; Acquisitions; Restructuring; Corporate Governance
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages
|Depositing User:||Andrei Vernikov|
|Date Deposited:||14. Aug 2008 23:59|
|Last Modified:||20. Feb 2013 10:45|
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