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Abstract

Vol. 56, No. 2, pp. 162-185 (2005)

“A Quantitative Survey of Corporate Governance in Russia”
Ichiro Iwasaki (The Institute of Economic Research, Hitotsubashi University)

This paper aims to verify the range and depth of the study on corporate governance in Russia through a comprehensive survey of 190 pioneering research works. With regard to the internal structure of Russian corporations, a great deal of investigation has been conducted in a relatively short period of time after the collapse of the Soviet Union by many highly motivated researchers, providing us with highly insightful perspectives. Those achievements, however, place too much emphasis on the empirical analysis of the correlation between ownership structures and corporate restructuring processes, leaving some critical themes open for further examination. At the start of the new century, a well-balanced research base should be established in this field in order to identify the reality of Russian corporations from a multifaceted perspective.