I INTERNATIONAL CONFERENCE “CORPORATE GOVERNANCE AND SUSTAINABLE GROWTH: STRATEGIC SOLUTIONS TO ENHANCE CORPORATE PERFORMANCE”

     
International conference “CORPORATE GOVERNANCE AND SUSTAINABLE GROWTH: STRATEGIC SOLUTIONS TO ENHANCE CORPORATE PERFORMANCE” was held on 12-13 October in Moscow, Russia. The Conference was organized by the Canada Russia Program in Corporate Governance together with Corporate Governance Center of the State University- Higher School of Economics (Moscow, Russia) and the Schulich School of Business (Toronto, Canada).

 Conference program

Conference Program Day 1 - Thursday October 12

Official Opening of the Conference - Current State of Corporate Governance

Chair: Gennady Konstantinov, Director, Centre for Corporate Governance, State University-Higher School of Economics

Welcoming Comments: Evgeny Yasin, Academic Supervisor, State University-Higher School of Economics

Session1. Defining the Agenda for Corporate Governance Theory and Practice for Achieving the Right Balance between Regulation, Strategy and Performance

Chair: Gennady Konstantinov, Director, Corporate Governance Center, SU-HSE

Speakers: Dezsö J. Horváth, Dean, Schulich School of Business, York University

Martin Hilb, Professor, University of St. Gallen, Switzerland, Managing Director, Institute for Leadership “New Corporate Governance”

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Session2. Defining the Agenda for Corporate Governance Theory and Practice for Achieving the Right Balance between Regulation, Strategy and Performance

Chair: James Gillies, Professor Emeritus, Schulich School of Business

Speaker: Andrei Yakovlev, Prorector and Director, Institute for Industrial and Market Studies (IIMS), State University - Higher School of Economics, Moscow “The Russian Corporation in Medium-Term Perspective: the Structure of Property, the Role of Government and Corporate Financing”

Discussant: Christine Mallin, Editor, “Corporate Governance: An International Review”, UK

Session 3.  Keynote Speech

Chair: James Gillies, Professor Emeritus, Schulich School of Business

Speaker: Oleg Vyugin, Head of the Federal Financial Markets Service, Russian Federation

Session 4.  What is Good Corporate Governance in Corporate Restructuring?

Chair: Valery Katkalo, Dean, School of Management, St Petersburg State University

“What Can We Learn From the Restructuring of RAO UES About the State Of Corporate Governance In Russia - How Shareholders’ Interests Are to Be Protected in the Restructuring of RAO UES.”

Speakers: Alexander Berlin, First pro-rector International University (Moscow) and Professor, Moscow State University

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“Holding Companies as an Element of Corporate Governance in Russian Companies in the Metals Industry”

Speaker: Irina Belyayev, Professor and Chair of the Department of Corporate Governance and Public Administration, Finance Academy under the Russian Federation

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Discussant: Carol Hansell, Corporate Lawyer and Consultant, Toronto, Canada

Session 5. Does Corporate Governance Matter in Transitional Economies?

Chair: Joseph McCahery, Professor, University van Amsterdam, Netherlands

“Do Russian Firms Pursue Shareholder Value Mindset: Evidence from an Economic Valuation Study”

Speaker: Irina Ivashkovskaya, Professor and Chair, Department of Finance, State University-Higher School of Economics

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Full text was published in “Problems of Theory and Practice of Governance”, 2007, ¹8.

“Survey of Corporate Governance Practices in Russia: Comparative Analysis of 2003-2005”

Speaker: Igor Belikov, Executive Director, Russian Institute of Directors, Moscow

Discussants: Tatyana Lyulkina, Dean, Open School of Business, Ulyanovsk State Technical University

Conference Program Day 2 - Friday October 13, 2006

StateUniversity- Higher Schoolof Economics, 20 Myasnitskaya

Session 6. Corporate Governance Effectiveness and Firm Strategies

Chair: Rein Peterson, Professor, Schulich School of Business

“Understanding and measuring corporate governance effectiveness”

Speakers: Ilya Tomoradze, Associate Professor, State University of Management, Moscow and

Konstantin Gulyaev, Expert, Russian Institute of Directors, Moscow

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“Specific Strategies Employed at Different Stages of Life Cycles of Russian Companies”

Speaker: Galina V Shirokova. – Ph.D, Associate Professor, Strategic Management Department, Saint-Petersburg State University, School of Management, St. Petersburg

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“The Firm’s Strategic Dynamics and Corporate Governance Life-cycle”

Speaker: Igor Filatotchev, Professor, King’s College London, UK

Discussant: Bernard Taylor, Henley School of Management, UK

Session 7. Institutional Framework for Sustainable Growth and Improvement in Corporate Governance Practices

Chair:  Alexander Settles, Professor, State University – Higher School of Economics and Program Director, Corporate Governance Center, HSE

“Investment management in regional economy”

Speaker: Elza Mantaeva, Professor, Kalmyk State University, Institute of Economics and Law

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“Role of Gender in Business Activities and Corporate Governance Practice in Russia”

Speaker: Tatiana Chetvernina, Prorector, State University – Higher School of Economics

“Evaluation of the Board of Directors: Methods of Analysis”

Speaker: Dmitry Shtykov, Fund “Professional Directors Institute, Moscow

Discussant: Irina Naumova, Professor, State University - Higher School of Economics

Session 8. Corporate Governance, Savings, and Development of a Capital Market

Chair: Peter Bartha, Academic Director, Canada-Russia Program in Corporate Governance, Schulich School of Business, Canada

“Correlation between corporate governance and savings”

Speaker: Pavel Shilo, Professor, State University-Higher School of Economics, St Petersburg branch

Presentation 

“Board of Directors at State-Owned Enterprises (SOE) in Russia”

Speaker: Alexander Filatov, Executive Director, Independent Directors Association, Moscow

“Portfolio Management: Increasing Operation Transparency and Management Accountability”

Speaker: Konstantin A. Mekhonoshin, Irkutsk State University, Irkutsk

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“Corporate Strategy: Evolutionary Synthesis of Old Approaches to Governance or a New Algorithm for the Effective Development of Companies?”

Speaker: Zhana Belayva, Associate Professor, Yekaterinburg State University

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“Board of Directors at State-Owned Enterprises (SOE) in Russia”

Speaker: Alexander Filatov, Executive Director, Independent Directors Association, Moscow

Discussant: Merritt Fox, Professor, Columbia University, USA

Session 9.  New Directions in Corporate Governance Research in Russia

Chairs: Gennady Konstantinov, Professor, State University – Higher School of Economics and Director, Corporate Governance Center, HSE

Panel:

Alexander Berlin, First Prorector, International University, Moscow

Valery Katkalo, Dean, School of Management, St Petersburg State University, St. Petersburg

Alexander Settles, Professor, State University – Higher School of Economics and Program Director, Corporate Governance Center, HSE, Moscow

Tatyana Lyulkina, Dean, Open School of Business, Ulyanovsk State Technical University

Alina Pekarsky, Executive Director, Canada-Russia Program in Corporate Governance, Schulich School of Business, York University, Toronto, Canada

Evgeny Frank, Samara State Technical University, Samara

Closing comments:

James Gillies, Chair, Canada-Russia Program in Corporate Governance, Schulich School of Business, York University, Toronto, Canada