Book chapter
Период возрождения – первая половина XIX в.
In book
The experience of the „translation of the culture“ was based with Rilke on the one hand on western book springs, on the other hand, on his short-term travelling to Russia. The sharp Rilkes translations from Russian is "Das Igorlied" and the writer preserved the structural elements from his poetic language. Rilkes „translation of the culture“ has promoted not only the horizon enlargement of the German-speaking audience, but also has enriched his poetic creating and his cultural experience.
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.
Task: currently interest in the study of historical aspects related to the formation of various legal institutions is increased. The least explored issues in the development of international law and international private law, including the article presents historical and legal analysis of the process of legal registration system of international relations in private law sphere, including with the direct participation of the Russian state.
Model: the study of historical and legal analysis of the process of formation of private international law in the Imperial period with the participation of the Russian state, based on primary sources: international legal instruments (treaties) concluded by Russia with different States for a specified period of time and acts of internal legislation regulating the corresponding sphere, and also the scientific works devoted to the study of relevant issues.
Conclusions: the Conducted historical and legal analysis, identified the main issues which have been subject to legal regulation in the international private law of the relevant period and identifies trends associated with the process of formation of private international law, describes the legal consolidation of the relevant provisions of the international treaties concluded by various, mainly European States as well as the ratio of provisions of international law acts of the Russian legislation.
Frameworks of research/possibility of subsequent use of results of scientific work: the study is limited to the time frame and scope of private international law that can be extended from the point of view of the chronological framework and areas of cooperation.
Social consequences: In systematic form, with links to primary sources, describes the process of becoming legal registration of interstate relations in the field of private law within a specified period of time, which makes a contribution to the study of the history of international law in General, including relevant political and legal processes.
Originality/value – the work can be used to study the history of state and law, private international law and other Sciences.
This paper uses the banking industry case to show that the boundaries of public property in Russia are blurred. A messy state withdrawal in 1990s left publicly funded assets beyond direct reach of official state bodies. While we identify no less than 50 state-owned banks in a broad sense, the federal government and regional authorities directly control just 4 and 12 institutions, respectively. 31 banks are indirectly state-owned, and their combined share of state-owned banks’ total assets grew from 11% to over a quarter between 2001 and 2010. The state continues to bear financial responsibility for indirectly owned banks, while it does not benefit properly from their activity through dividends nor capitalization nor policy lending. Such banks tend to act as quasi private institutions with weak corporate governance. Influential insiders (top-managers, current and former civil servants) and cronies extract their rent from control over financial flows and occasional appropriation of parts of bank equity.