Analysis of corporate governance disputes in the Russian context: a case

Analysis of corporate governance disputes in the Russian context: a case
Document type
Paper
Author(s)
Stepanov, Roman; Shrives, Philip
Publisher
British Academy of Management
Date of publication
10 September 2013
Series
British Academy of Management Conference Proceedings 2013
Subject(s)
Management & leadership: including strategy, public sector management, operations and production, Business & management history: including the development of management thought
Collection
Business and management
Material type
Reports

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This full paper from the Corporate Governance track of BAM 2013 aims to contribute to the debate about the scope of corporate governance convergence. The paper analyses the extent to which the Anglo Saxon model of corporate governance is able to deal with the Russian corporate governance environment. The investigation is conducted via a case study of TNK-BP where the British style board of directors co-exists with the Oligarchic form of corporate ownership and control in the context of a 50-50 joint venture. 

Having considered the experience of the equal stake partnership between BP and the group of Russian investors, two practice advancing propositions are formulated.

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