A. A. Yakovlev, Y. A. Danilov. Russian Corporation Development in the Next Twenty Years: Ownership Structure, Role of Government and Corporate Finance

V.5, N1, 2007

This paper discusses the evolution of Russian corporation model in midterm perspective. Authors consider main internal and external factors influencing the development of Russian corporations. On that base they propose an evaluation of sustainability of corporate governance improvements of last years and openness of Russian companies for the stock market (including share market and not only bond market), as well as a forecast for the influence of the governmental policy in the field of ownership rights on the behavior of Russian private companies and investors.