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Corporate Governance Practices and Prospects in Transition Countries: The Case of Russia, Ukraine, and Kyrgyzstan | 28-06-2007
Short summary on the main outcomes of the inter-country survey on corporate governance is available to download. In each round of the survey, the project teams collected unique data on ownership, corporate governance and investments for about 1000 Russian, 1100–1200 Ukrainian and 300 Kyrgyz medium- and large-size enterprises.
Thr research groups form the Stockholm Institute of Transition Economics (SITE), Center for Economic and Financial Research (CEFIR, Moscow), Center for Social and Economic Research in Poland (CASE/Pol), Center for Social and Economic Research in Kyrgyzstan (CASE/Kyr), Institute for Economy in Transition (IET, Moscow), The Scientific & Technical Complex of Statistical Research (STCSR, Kiev) are involved in the project.

Start Date: April 1, 2005
Completion Date: March 31, 2007

Project Summary:

The purpose of the project is to study the corporate governance practices in three NIS countries: Russia, Ukraine and Kyrgyzstan.

Quality of corporate governance is one of the key factors determining the investment climate and, consequently, the perspectives for economic growth of the country. As corporate governance is closely related to the structure of corporate ownership the project team intends to use the data obtained in the course of enterprise surveys in Russia, Ukraine and Kyrgyzstan to study the relationship between ownership structure, investments and demand for corporate governance standards. The study will benefit a lot from cross-country comparisons.

Observed dynamics will allow to overcome the limitations of cross-sectional analysis in that it will tell more about the direction of causality between the analyzed variables.

Project Output:

The project has both academic and policy implications. Research results will be disseminated through working paper series of research centers involved in the project. They will be presented at international conferences and seminars. Recommendations for economic policy will be disseminated among the policymakers of Russia, Ukraine and Kyrgyzstan and other NIS countries.

Short Summary on Project Outcomes (.pdf - 216.13 Kb)
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