Проблемы собственности: от перестройки до передела
Leaning against the concept of the power-property, the author analyzes such categories, as world city and world village. It considers them on a global scale, shows problems and the contradictions connected with attempts of the countries of catching up development to master achievement of the developed part of the world
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.