International integration and corporate governance practices in Russia

This chapter considers the institutional environment in Russia, its potential impact upon governance practices, and the attitudes of Russian executives towards the alignment of governance processes relative to international standards. Focusing on corporate board directorship, the research addresses...

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Main Authors: Yukhanaev, A., Nguyen, T., Demirbas, D., Galvin, Peter
Other Authors: Bryan Christiansen
Format: Book Chapter
Published: IGI Global 2014
Online Access:http://www.igi-global.com/chapter/international-integration-and-corporate-governance-practices-in-russia/119738
http://hdl.handle.net/20.500.11937/27386
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author Yukhanaev, A.
Nguyen, T.
Demirbas, D.
Galvin, Peter
author2 Bryan Christiansen
author_facet Bryan Christiansen
Yukhanaev, A.
Nguyen, T.
Demirbas, D.
Galvin, Peter
author_sort Yukhanaev, A.
building Curtin Institutional Repository
collection Online Access
description This chapter considers the institutional environment in Russia, its potential impact upon governance practices, and the attitudes of Russian executives towards the alignment of governance processes relative to international standards. Focusing on corporate board directorship, the research addresses the extent that the harmonization of governance to international standards may assist boards of directors to improve their corporate development. Using a survey questionnaire, the authors explore perceptions of directors of public companies concerning the challenges of corporate governance development in the country. The study illustrates unanimity among the respondents about the reforms needed for international convergence of corporate governance standards. The results reveal that institutional alignment with good governance principles will foster strategic corporate development in the Russian economy. The study offers insights to policymakers in terms of enhancing legitimacy of corporate governance in the Russian context and provides a perspective for executives of foreign companies considering investment in the country.
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institution Curtin University Malaysia
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publishDate 2014
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spelling curtin-20.500.11937-273862017-01-30T12:58:43Z International integration and corporate governance practices in Russia Yukhanaev, A. Nguyen, T. Demirbas, D. Galvin, Peter Bryan Christiansen This chapter considers the institutional environment in Russia, its potential impact upon governance practices, and the attitudes of Russian executives towards the alignment of governance processes relative to international standards. Focusing on corporate board directorship, the research addresses the extent that the harmonization of governance to international standards may assist boards of directors to improve their corporate development. Using a survey questionnaire, the authors explore perceptions of directors of public companies concerning the challenges of corporate governance development in the country. The study illustrates unanimity among the respondents about the reforms needed for international convergence of corporate governance standards. The results reveal that institutional alignment with good governance principles will foster strategic corporate development in the Russian economy. The study offers insights to policymakers in terms of enhancing legitimacy of corporate governance in the Russian context and provides a perspective for executives of foreign companies considering investment in the country. 2014 Book Chapter http://hdl.handle.net/20.500.11937/27386 http://www.igi-global.com/chapter/international-integration-and-corporate-governance-practices-in-russia/119738 IGI Global restricted
spellingShingle Yukhanaev, A.
Nguyen, T.
Demirbas, D.
Galvin, Peter
International integration and corporate governance practices in Russia
title International integration and corporate governance practices in Russia
title_full International integration and corporate governance practices in Russia
title_fullStr International integration and corporate governance practices in Russia
title_full_unstemmed International integration and corporate governance practices in Russia
title_short International integration and corporate governance practices in Russia
title_sort international integration and corporate governance practices in russia
url http://www.igi-global.com/chapter/international-integration-and-corporate-governance-practices-in-russia/119738
http://hdl.handle.net/20.500.11937/27386