Ebook: Corporate Governance in Transition Economies

Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. This book was written to help fill that gap.

Corporate Governance in Transition Economies is the fifth in a series to examine accounting and financial system reform in transition and developing economies. The first volume (Accounting and Financial System Reform in a Transition Economy) used Russia as a case study. The second volume (Accounting and Financial System Reform in Eastern Europe and Asia) examined some additional aspects of the reform in Russia and also looked at the accounting and financial system reform efforts that are being made in Ukraine, Bosnia & Herzegovina, Armenia, Eastern Europe and Central Asia. The third volume (Taxation and Public Finance in Transition and Developing Economies) examined taxation and public finance in transition and developing economies. The fourth volume (Accounting Reform in Transition and Developing Economies) examined accounting reform in transition and developing economies.

The present volume focuses attention on the current state of corporate governance in transition economies and the recent changes that have taken place in this area. It is divided into three parts. Part 1 examines selected issues in corporate governance. Part 2 consists of case studies and comparative studies. Part 3 consists of studies of more than 15 transition countries.

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Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. This book was written to help fill that gap.

Corporate Governance in Transition Economies is the fifth in a series to examine accounting and financial system reform in transition and developing economies. The first volume (Accounting and Financial System Reform in a Transition Economy) used Russia as a case study. The second volume (Accounting and Financial System Reform in Eastern Europe and Asia) examined some additional aspects of the reform in Russia and also looked at the accounting and financial system reform efforts that are being made in Ukraine, Bosnia & Herzegovina, Armenia, Eastern Europe and Central Asia. The third volume (Taxation and Public Finance in Transition and Developing Economies) examined taxation and public finance in transition and developing economies. The fourth volume (Accounting Reform in Transition and Developing Economies) examined accounting reform in transition and developing economies.

The present volume focuses attention on the current state of corporate governance in transition economies and the recent changes that have taken place in this area. It is divided into three parts. Part 1 examines selected issues in corporate governance. Part 2 consists of case studies and comparative studies. Part 3 consists of studies of more than 15 transition countries.

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Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. This book was written to help fill that gap.

Corporate Governance in Transition Economies is the fifth in a series to examine accounting and financial system reform in transition and developing economies. The first volume (Accounting and Financial System Reform in a Transition Economy) used Russia as a case study. The second volume (Accounting and Financial System Reform in Eastern Europe and Asia) examined some additional aspects of the reform in Russia and also looked at the accounting and financial system reform efforts that are being made in Ukraine, Bosnia & Herzegovina, Armenia, Eastern Europe and Central Asia. The third volume (Taxation and Public Finance in Transition and Developing Economies) examined taxation and public finance in transition and developing economies. The fourth volume (Accounting Reform in Transition and Developing Economies) examined accounting reform in transition and developing economies.

The present volume focuses attention on the current state of corporate governance in transition economies and the recent changes that have taken place in this area. It is divided into three parts. Part 1 examines selected issues in corporate governance. Part 2 consists of case studies and comparative studies. Part 3 consists of studies of more than 15 transition countries.

Content:
Front Matter....Pages i-x
Corporate Governance in Transition Economies....Pages 3-20
Rights of Shareholders....Pages 21-27
Equitable Treatment of Shareholders....Pages 29-33
The Role of Stakeholders in Corporate Governance....Pages 35-39
Disclosure and Transparency....Pages 41-45
The Responsibility of the Board....Pages 47-52
Insider Trading Regulation in Transition Economies....Pages 53-69
Some Thoughts on the Market for Corporate Control....Pages 71-88
Corporate Governance and the Timeliness of Financial Reporting: An Overview....Pages 91-99
The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Banks....Pages 101-113
The Timeliness of Financial Reporting: The Russian Telecom Industry....Pages 115-126
The Timeliness of Financial Reporting: The Russian Oil, Gas and Power Industries....Pages 127-136
The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Companies in the Transportation Industry....Pages 137-145
The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Companies....Pages 147-156
The Timeliness of Financial Reporting: A Comparative Study of Companies in Russia and the USA....Pages 157-163
The Timeliness of Financial Reporting: A Comparative Study of Companies in Russia and the European Union....Pages 165-171
The Timeliness of Financial Reporting: A Comparative Study of the People's Republic of China and Russia....Pages 173-179
The Timeliness of Financial Reporting in Russia: A Trend Analysis....Pages 181-188
The Timeliness of Financial Reporting: A Comparative Study of Selected EU and Transition Economy Countries....Pages 189-199
The Timeliness of Financial Reporting: A Comparative Study of the People#x0027;s Republic of China and the USA....Pages 201-210
The Timeliness of Financial Reporting: A Comparative Study of the People's Republic of China and the European Union....Pages 211-216
What Kind of Financial Reporting Standards do Russian Companies Use?....Pages 217-220
Employee Ownership and Corporate Governance in Russia....Pages 221-242
Corporate Governance in Russia: A Consideration of Different Perspectives....Pages 243-249
Corporate Governance Formation in Poland, Kyrgyzstan, Russia, and Ukraine....Pages 251-288
An Overview of Corporate Governance Practices in Armenia....Pages 291-294
An Overview of Corporate Governance Practices in Azerbaijan....Pages 295-298
An Overview of Corporate Governance Practices in Georgia....Pages 299-302
An Overview of Corporate Governance Practices in Latvia....Pages 303-306
An Overview of Corporate Governance Practices in Lithuania....Pages 307-310
An Overview of Corporate Governance Practices in Moldova....Pages 311-314
A Survey of Corporate Governance in Russia....Pages 315-349
An Overview of Corporate Governance Practices in Ukraine....Pages 351-354
An Overview of Corporate Governance Practices in the Czech Republic....Pages 357-360
An Overview of Corporate Governance Practices in Hungary....Pages 361-364
An Overview of Corporate Governance Practices in Poland....Pages 365-368
An Overview of Corporate Governance Practices in Slovakia....Pages 369-372
An Overview of Corporate Governance Practices in Bosnia & Herzegovina....Pages 375-378
An Overview of Corporate Governance Practices in Bulgaria....Pages 379-382
An Overview of Corporate Governance Practices in Croatia....Pages 383-386
An Overview of Corporate Governance Practices in Macedonia....Pages 387-390
An Overview of Corporate Governance Practices in Romania....Pages 391-394
An Overview of Corporate Governance Practices in Slovenia....Pages 395-398
Summary and Analysis of Country Studies....Pages 401-421
Back Matter....Pages 423-430

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Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. This book was written to help fill that gap.

Corporate Governance in Transition Economies is the fifth in a series to examine accounting and financial system reform in transition and developing economies. The first volume (Accounting and Financial System Reform in a Transition Economy) used Russia as a case study. The second volume (Accounting and Financial System Reform in Eastern Europe and Asia) examined some additional aspects of the reform in Russia and also looked at the accounting and financial system reform efforts that are being made in Ukraine, Bosnia & Herzegovina, Armenia, Eastern Europe and Central Asia. The third volume (Taxation and Public Finance in Transition and Developing Economies) examined taxation and public finance in transition and developing economies. The fourth volume (Accounting Reform in Transition and Developing Economies) examined accounting reform in transition and developing economies.

The present volume focuses attention on the current state of corporate governance in transition economies and the recent changes that have taken place in this area. It is divided into three parts. Part 1 examines selected issues in corporate governance. Part 2 consists of case studies and comparative studies. Part 3 consists of studies of more than 15 transition countries.

Content:
Front Matter....Pages i-x
Corporate Governance in Transition Economies....Pages 3-20
Rights of Shareholders....Pages 21-27
Equitable Treatment of Shareholders....Pages 29-33
The Role of Stakeholders in Corporate Governance....Pages 35-39
Disclosure and Transparency....Pages 41-45
The Responsibility of the Board....Pages 47-52
Insider Trading Regulation in Transition Economies....Pages 53-69
Some Thoughts on the Market for Corporate Control....Pages 71-88
Corporate Governance and the Timeliness of Financial Reporting: An Overview....Pages 91-99
The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Banks....Pages 101-113
The Timeliness of Financial Reporting: The Russian Telecom Industry....Pages 115-126
The Timeliness of Financial Reporting: The Russian Oil, Gas and Power Industries....Pages 127-136
The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Companies in the Transportation Industry....Pages 137-145
The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Companies....Pages 147-156
The Timeliness of Financial Reporting: A Comparative Study of Companies in Russia and the USA....Pages 157-163
The Timeliness of Financial Reporting: A Comparative Study of Companies in Russia and the European Union....Pages 165-171
The Timeliness of Financial Reporting: A Comparative Study of the People's Republic of China and Russia....Pages 173-179
The Timeliness of Financial Reporting in Russia: A Trend Analysis....Pages 181-188
The Timeliness of Financial Reporting: A Comparative Study of Selected EU and Transition Economy Countries....Pages 189-199
The Timeliness of Financial Reporting: A Comparative Study of the People#x0027;s Republic of China and the USA....Pages 201-210
The Timeliness of Financial Reporting: A Comparative Study of the People's Republic of China and the European Union....Pages 211-216
What Kind of Financial Reporting Standards do Russian Companies Use?....Pages 217-220
Employee Ownership and Corporate Governance in Russia....Pages 221-242
Corporate Governance in Russia: A Consideration of Different Perspectives....Pages 243-249
Corporate Governance Formation in Poland, Kyrgyzstan, Russia, and Ukraine....Pages 251-288
An Overview of Corporate Governance Practices in Armenia....Pages 291-294
An Overview of Corporate Governance Practices in Azerbaijan....Pages 295-298
An Overview of Corporate Governance Practices in Georgia....Pages 299-302
An Overview of Corporate Governance Practices in Latvia....Pages 303-306
An Overview of Corporate Governance Practices in Lithuania....Pages 307-310
An Overview of Corporate Governance Practices in Moldova....Pages 311-314
A Survey of Corporate Governance in Russia....Pages 315-349
An Overview of Corporate Governance Practices in Ukraine....Pages 351-354
An Overview of Corporate Governance Practices in the Czech Republic....Pages 357-360
An Overview of Corporate Governance Practices in Hungary....Pages 361-364
An Overview of Corporate Governance Practices in Poland....Pages 365-368
An Overview of Corporate Governance Practices in Slovakia....Pages 369-372
An Overview of Corporate Governance Practices in Bosnia & Herzegovina....Pages 375-378
An Overview of Corporate Governance Practices in Bulgaria....Pages 379-382
An Overview of Corporate Governance Practices in Croatia....Pages 383-386
An Overview of Corporate Governance Practices in Macedonia....Pages 387-390
An Overview of Corporate Governance Practices in Romania....Pages 391-394
An Overview of Corporate Governance Practices in Slovenia....Pages 395-398
Summary and Analysis of Country Studies....Pages 401-421
Back Matter....Pages 423-430
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