Impact of Regulatory Constraints on Corporate Governance in the Contemporary Russian SOE

Svetlana Avdasheva ()

Journal of the New Economic Association, 2013, vol. 20, issue 4, 159-164

Abstract: Best practices of corporate governance in SOE as they are recognized globally can reveal to be less effective in modern Russia, since under expanding regulatory constraints the latter provide higher impact on companies' performance and the benefits of ultimate owners, in contrast with the decreasing influence of managerial efforts. The article considers two examples of regulatory requirements important for most part of Russian SOE. They are codification of procurement rules and commercial (or 'trade') policies, prescribing codified rules of supplying contracts.

Keywords: corporate governance; SOE; procurement; commercial policies (search for similar items in EconPapers)
JEL-codes: K23 L32 L44 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2013:i:20:p:159-164

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