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October 6, 2026
International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod Brings Together Scientists from Russia and Serbia
The International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod’ was held at the Nizhny Novgorod House of Scientists from September 23 to 26. The event was organised by HSE University–Nizhny Novgorod and the Nizhny Novgorod House of Scientists, with the participation of Sberbank and the Institute of Physics Belgrade. The symposium was held for the second time: the first conference took place in 2025 and attracted considerable interest from the academic community.
October 5, 2026
‘The Climate Transition Is Not Necessarily a Limitation for Business
Linara Khadimullina works in the field of low-carbon development. In an interview with the Young Scientists of HSE project, she spoke about why nature is not just a beautiful backdrop, her research on the role of sustainable corporate governance in reducing greenhouse gas emissions, and growing plants as a source of inspiration.
October 5, 2026
Africa, Youth, and Civic Dialogue: Public Diplomacy Discussed at HSE University
In late September, HSE University hosted a roundtable discussion titled Civil Society in African Countries and Youth Participation in Public Diplomacy. Representatives of non-governmental organisations from Ghana, Ethiopia, and Russia, along with students from HSE University’s Bachelor’s Programme in Public Administration, discussed how young people without official diplomatic status can influence relations between countries and how the nonprofit sector can remain sustainable amid declining grant funding.

 

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The Value Relevance of Sustainable Governance: How Cultural Peculiarities Reshape Priorities and Impacts

Business Strategy and the Environment. 2026. P. 1–17.
Evgeniia Kiseleva, Cardoni A., Elena Makeeva, Mamaeva P.

This study investigates the relevance of sustainable governance (SG) and its impactful elements in the context of the Russian market, a unique case of an isolated economy, using market value as a proxy for concept relevance. Adopting stakeholder and institutional approaches, this study uses panel data from 152 firms listed on the Moscow Exchange from 2020 to 2023 to analyze the SG concept in consistency with the World Economic Forum's governance framework, which decomposes SG into strategic, stakeholder, and anticorruption components. The findings reveal a significant, positive association between SG and firm market value, confirming the overall relevance of the environmental, social, and governance (ESG) triad's “G” component, even in a geopolitically isolated and institutionally distinctive context, although each SG component's value relevance differs. This study contributes to the stakeholder theory literature by highlighting the need to consistently contextualize global frameworks with institutional motivations and contributes to the broader debates on cultural specificity in governance theory.

Research target: Economics and Management
Language: English
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DOI
Text on another site
Keywords: stakeholder theoryRussian marketinstitutional theorysustainable corporate governancevalue relevance
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