Global Business and Technology Association’s (GBATA 2009) Eleventh Annual International Ñonference took place in Prague on June, 7-11.

GBATA was established in 1998. At the moment the Association accounts around 2000 members from more than 40 countries. About 300 papers were presented at the conference this year.  The Corporate Finance Center reported the results of 4 projects:

·         “Corporate diversification effect on firm value in emerging markets: evidence from group of BRIC countries” Ivashkovskaya I., Shamraeva S.

·          “Capital structure choice in BRIC: do Russian, Brazilian, Chinese firms follow pecking order or trade-off logic of financing?” Ivashkovskaya I., Solntseva M.

·         “The concept of Intellectual value: Evidence from Russian listed companies” Bayburina. E., Golovko T.

·         “Does intellectual capital affect the value of the companies in emerging market: empirical study of Russian companies” Bayburina E.