Lost in translation? Corporate governance, independent boards and blockholder appropriation
Dr Anna Grosman, Lecturer (US eq. Assistant Professor) within the Institute for Innovation and Entrepreneurship at Loughborough University London, has recently released a new publication in Journal of World Business entitled ‘Lost in translation? Corporate governance, independent boards and blockholder appropriation’.
Anna, alongside Professor Ruth V. Aguilera (Northeastern University and ESADE Business School) and Professor Mike Wright (Imperial College, University of Ghent and ETH Zurich) study the role that independent directors play in mitigating blockholder appropriation of firm wealth in Russia, a country controlled by the state and ultra-wealthy businessmen, or oligarchs.
They further analyse how exposures to international corporate governance, through international expansion of Russian firms, cross-listing and the presence of foreign directors on Russian firms’ boards, activate the monitoring functions of independent directors.
You can find out more about Anna’s publication here.
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