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Analysis of management quality and management decisions made using the example of russian oil and gas companies

Kostylev A.O. Skopina L.V. ()

World of economics and management / Vestnik NSU. Series: Social and Economics Sciences, 2016, vol. 16, issue 1, 18-24

Abstract: Results of empirical surveys performed by Russian and foreign researchers with regard to behavior patterns of managers, authorized by owners to make investment decisions, are systematized. Analysis of management quality and decisions made by Russian oil and gas managers are performed using the following 2 criteria: market capitalization change and opinion of professional society. The purpose of the research is to attract attention to low management quality in Russian statowned oil and gas companies.

Keywords: manager; agency problem; managerial decision-making; manager overconfidence; quality of managerial decisions; state owned companies (search for similar items in EconPapers)
JEL-codes: Q47 Q48 (search for similar items in EconPapers)
Date: 2016
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