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Foreign nationals on the boards of directors of Russia's ten largest non-financial companies investing overseas
Роль иностранных граждан в советах директоров деcяти крупнейших нефинансовых предприятий России, инвестирующих за рубежом
[journal article]
Abstract This author analyses the international membership of the boards of directors of Russia's ten largest outbound investors. The data used in the study come from the companies' annual reports and official websites. The information is correct as of February 2017. It is concluded that foreign nationals ho... view more
This author analyses the international membership of the boards of directors of Russia's ten largest outbound investors. The data used in the study come from the companies' annual reports and official websites. The information is correct as of February 2017. It is concluded that foreign nationals hold 30% of board seats in Russia's ten largest non-financial companies investing abroad. US, British, and German nationals comprise two-thirds of foreign nationals on the boards of directors. Among the 30 foreign holders of board seats, there is only one citizen of China. Women account for five percent of directors in Russia's ten largest investors overseas. The proportion of female directors in Russia's 50 largest corporations is similar. This suggests that internationalisation of Russian companies has not improved the chances for women to enter boards of directors.... view less
Keywords
internationalization; corporate governance; supervisory board; alien; Eastern Europe; membership; governing board; proportion of women; Russia; investor; trust
Classification
Women's Studies, Feminist Studies, Gender Studies
Management Science
Document language
English
Publication Year
2017
Page/Pages
p. 33-52
Journal
Baltic Region, 9 (2017) 4
DOI
https://doi.org/10.5922/2079-8555-2017-4-3
ISSN
2079-8555
Status
Published Version; peer reviewed