2011 № 4

Model of Russian corporation under the institutional transformations

Abstract:

Russian corporations eventually exhibit common features with the best practices of corporate governance based on the Anglo-Saxon model. However, the imperfection of the institutions leads to the spread of specific types of the modern model of a corporation formed under the influence of grabber’s behavior of state and a lack of industry competition. Institutional Transformation in the Russian economy formed the closed nature of the behavior of domestic corporations.

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Lyudmila S. Ruzhanskaya – Cand. Sci. (Econ.), Associate Professor, Head of the Department of Management Theory and Practice, Ural Federal University (Ekaterinburg, Russian Federation; e-mail: ludmila.ruzhanskaya@usu.ru).