There is increasing evidence that broad measures of firm-level corporate governance predict higher share prices …-series evidence from Russia for 1999-present, exploiting a number of available governance indices. We find an economically important … and statistically strong correlation between governance and market value in OLS with firm clusters and in firm random …

In this survey, we describe the current state of corporate governance in Russia and discuss its dynamics and prospects …. We review the main mechanisms of corporate governance in the country and relate them to firms’ ownership structures …, financial market development and government influence. Finally, we discuss the current trends in Russian corporate governance …

governance system. Should shareholders be provided with easy access to courts when judges are unlikely to punish opportunistic … corporate governance there. …

In this paper we analyze interrelations between ownership structures, corporate governance and investment in three … transition countries: Russia, Ukraine and Kyrgyzstan. In contrast to most empirical papers on corporate governance, we study … through large-scale surveys of firms. Ukrainian companies appear to have the best corporate governance practices, while …