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Regular version of the site

Book chapter

Evolution of corporate governance in Russian banks

P. 488-496.
Vernikov A. V.

The paper examines corporate governance and control in Russian banks. We focus on real interests of stakeholders – bank regulators, owners, investors, and top managers. 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.