 Banks and corporate sector in Russia – the evolution and current state of relations in a corporate governance contextMonika Fiedorczuk ()
Bank i Kredyt, 2017, vol. 48, issue 5, 463-482 Abstract: The main goal of the paper is to analyse the evolution and the current state of banks’ role in corporate governance in Russia. The article is partly a review as it includes the analysis of results obtained from studies conducted by the main Russian research centres, and was additionally supplemented with a statistical data analysis. Banks played a significant role in the corporate sector development in the 1990s. Their strong position was undermined as a result of the financial crisis of 1998. In the first decade of the 21st century, the role of banks in the functioning of the corporate sector was restricted due to ownership redistribution, the development of corporate control market as well as the strengthening of the state’s position in the economy. Recent years, especially due to the difficult situation of the Russian economy since 2014, indicates an increase in the significance of the banking system. Keywords: banking sector; corporate governance; Russian economy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:nbp:nbpbik:v:48:y:2017:i:5:p:463-482 Access Statistics for this article More articles in Bank i Kredyt from Narodowy Bank Polski Contact information at EDIRC. |
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