Business Associations: Incentives and Benefits from the Viewpoint of Corporate Governance

Victoria V. Golikova
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Victoria V. Golikova: State University — Higher School of Economics

Chapter 11 in Organization and Development of Russian Business, 2009, pp 258-283 from Palgrave Macmillan

Abstract: Abstract The results of our studies in 2002–2004 demonstrate that the business community was placing a greater emphasis on the demand for law and that preferences were being expressed to conduct business in a legal and civilized anner (Razvitie Sprosa 2003; Yakovlev et al. 2006). One indicator of this demand is membership of entrepreneurs in a number of nongovernment organizations, such as guilds, unions, and organizations that are provided for in Article 121 of the Civil Code of the Russian Federation (RF) for the purposes of coordination of their entrepreneurial activity as well as representation and defense of common property interests.

Keywords: Corporate Governance; Planning Horizon; Business Group; Business Community; Foreign Owner (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1057/9780230249493_12

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