Сопоставление банковских рейтингов различных агентств
Article proposes comparative studies of credit ratings of the leading Russian and international rating agencies. We analyze approaches and the possibility of comparison of agencies’ rating scales. Purpose of this analysis is to propose method and describe the criteria for comparison of rating scales and the possibility of using standard econometric models. We demonstrate the dynamics and development of rating business in Russia, problems and prospects of creating the unified rating area. A detailed comparative analysis of rating scales is focused on Russian banks. Database for empirical study includes 370 banks with at least one contact rating in the period 2006–2010. Similar research has also been carried out for international banks on the sample of 1995–2010 years. It consists of representatives of more than 80 countries. Conclusions provided for ten most commonly used bank ratings in Russia including scales of largest international rating agencies. Results may be used by regulators and commercial banks as part of the risk management methodologies and tender indicators.
The paper analyses how the individuals' deposits influences the resources of Russian banks. We show that the depositors panic in the crisis has a serious effect on stability of both bank and national bank system. We show the tendencies how the volume and structure of individuals' deposits change; how to avoid the rash of withdrawals by individual depositors; and how the resources of Russian banks shrank because of such withdrawals happened in the period of the crisis. We also present our assessment of how the resources of Russian banks reduced because of the rash of withdrawals in the crisis.
The paper considers the problems of semantic derivation. The research is based on word-forming paradigms of Adjectives. Special attention is paid to comparative analyses of word-formation models in the Russian and French languages.
The Working Paper examines the peculiarities of the Russian model of corporate governance and control in the banking sector. The study relies upon theoretical as well as applied research of corporate governance in Russian commercial banks featuring different forms of ownership. We focus on real interests of all stakeholders, namely bank and stock market regulators, bank owners, investors, top managers and other insiders. The Anglo-American concept of corporate governance, based on agency theory and implying outside investors’ control over banks through stock market, is found to bear limited relevance. We suggest some ways of overcoming the gap between formal institutions of governance and the real life.
Collection of articles devoted to various aspects of science in comparative post-Soviet countries and the analysis of the practical use of the comparative legal method to regulate criminal, international, administrative, civil relations, and so on.
The efficiency of social reforms in different countries mostly depends on the extent to which they can be accepted by people. Moreover, even if the problems are similar, the reasons may differ, which can lead to fail in applying existing laws of one state to another one. Bribery, as shows the Corruption Perception Index, calculated by Transparency International, is a typical problem for developing countries – that also matches research (Levin & Satarov, 2000; Ilzetzki, 2010) concluding that corruption has roots in socialist regimes and that in recently established political stability instable economic situation leads to growth in crime. The main problem within the scope of this project is to identify the relation between corruption perception and level of trust in the society and to distinguish the differences in factors affecting these characteristics in post-soviet countries. The research discoveres that distrust matters a lot for the problem in Russia and suggests further examining European countries in order to explain the difference in trust.
The fifth edition of "American Studies" is the result of activity of certain scientific laboratory - Center for the Study U.S. Kursk State University, so he opens with an article that characterizes his work. This edition includes articles: on topical issues in contemporary Russian American Studies. Collected together specialists from Moscow, St. Petersburg, Kursk, Samara, Saransk, Saratov, Kirov, Bryansk, Nizhny Novgorod, Kaliningrad, as well as colleagues from Belarus (Minsk) and Ukraine (Kiev, Kirovograd, Lugansk). Its special feature is the collaboration of historians, linguists who study the United States. Problematic articles of interest for the variety and importance of scientific subjects dealt with in them. For the convenience of readers materials in the collection are divided into separate headings. Presented studies reflect the realities of domestic and foreign policy history of the U.S. XVIII-XXI centuries. As well as the sphere of American life such as history, literature, culture. A series of articles based on archival materials. In light of new approaches to the study of history should highlight the narrative, discursive approach, gender studies, comparative linguistics and multidisciplinary, achieve intellectual history. Materials: a collection designed for historians, researchers, teachers and higher secondary school students, bachelors, masters and PhD students, as well as anyone interested in the problems of U.S. history .
Using data on foreign borrowing, I identify Russian banks that were affected by the sudden stop of external financing caused by the Lehman Brothers’ collapse. Applying the difference-in-difference method, I compare these «affected» banks to «unaffected» ones and find that the Russian Central Bank’s (CBR) anti-crisis financial assistance primarily went to the former group. Tracing the impact of the CBR’s liquidity infusions on banks’ portfolio allocation decisions, I find that banks used CBR funds not only to pay out foreign debt, but also to accumulate cash deposits in non-resident banks. I also find that affected banks increased their holdings of market securities significantly more than unaffected ones, which suggests that the CBR’s bailout policies impacted their risk-taking strategies. While there was no significant difference in corporate lending growth between the two groups after the sudden stop, lending to borrowers with weaker banking relationships (individuals and entrepreneurs) decreased more among affected banks.
How are professors paid? Can the "best and brightest" be attracted to the academic profession? With universities facing international competition, which countries compensate their academics best, and which ones lag behind? Paying the Professoriate examines these questions and provides key insights and recommendations into the current state of the academic profession worldwide. Paying the Professoriate is the first comparative analysis of global faculty salaries, remuneration, and terms of employment. Offering an in-depth international comparison of academic salaries in twenty-eight countries across public, private, research, and non-research universities, chapter authors shed light on the conditions and expectations that shape the modern academic profession. The top researchers on the academic profession worldwide analyze common themes, trends, and the impact of these matters on academic quality and research productivity. In a world where higher education capacity is a key driver of national innovation and prosperity, and nations seek to fast-track their economic growth through expansion of higher education systems, policy makers and administrators increasingly seek answers about what actions they should be taking. Paying the Professoriate provides a much needed resource, illuminating the key issues and offering recommendations.
One of the most popular statements in the systemic transition literature since the second half of the 1990th is that different experiences of the CEE and Baltic states, on the one hand, and the most of the CIS countries, on the other hand, are embedded in different social norms and values, encouraging efforts in the new EU member states and preventing it in some of CIS countries.