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1 – 10 of 276T. F. Romanova, L. V. Bogoslavtseva and V. V. Terentjeva
This chapter defines the prospects of treasury technologies considering the current financial environment in Russia. The purpose of this chapter is to justify the promising…
Abstract
This chapter defines the prospects of treasury technologies considering the current financial environment in Russia. The purpose of this chapter is to justify the promising treasury technologies, which improve the quality of budget flows’ management. The authors highlight the mission, role, and values of treasury institute. The evaluation of its functional activity and efficiency as well as the world experience in the development of the institution is provided. Comparative analysis of treasury technology for the implementation of foreign budgets with domestic practice is provided. The need for development of treasury technologies providing the liquidity of “single treasury account” is justified. This chapter suggests expanding the positive experience of the Federal Treasury using treasury technologies to ensure the efficient use of budgetary funds on both, regional and local levels.
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Sberbank transfer.
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DOI: 10.1108/OXAN-DB251242
ISSN: 2633-304X
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Geographic
Topical
US sanctions as they apply to Russia's defence sector.
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DOI: 10.1108/OXAN-DB232178
ISSN: 2633-304X
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Geographic
Topical
The sanctions, reviewed on a semi-annual basis, have now been extended until January 2018, despite speculation about divisions within the EU. This comes after the US Treasury…
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DOI: 10.1108/OXAN-DB221881
ISSN: 2633-304X
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Geographic
Topical
The list contains the names of officials and members of the business elite whom the US authorities regard as part of or closely linked to the 'inner circle' of President Vladimir…
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DOI: 10.1108/OXAN-DB229447
ISSN: 2633-304X
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Geographic
Topical
Russia's metals sector and its prospects.
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DOI: 10.1108/OXAN-DB238906
ISSN: 2633-304X
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Geographic
Topical
Putin and Xi have already met at a June 23-24 Shanghai Cooperation Organisation summit in Uzbekistan.The size of Putin's delegation underscores the importance assigned to China…
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DOI: 10.1108/OXAN-DB211974
ISSN: 2633-304X
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Geographic
Topical
The US government has named Kazakhstan and many other countries as routes by which sanctioned goods have reached Russia, but has refrained from hitting them with secondary…
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DOI: 10.1108/OXAN-DB274422
ISSN: 2633-304X
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Geographic
Topical
Olga Kandinskaia, Alla Dementieva and Olga Khotyasheva
In any company, there are conflicts of interest and different opinions on the business strategy. However, a well-established system of corporate governance allows us to minimise…
Abstract
Theoretical basis
In any company, there are conflicts of interest and different opinions on the business strategy. However, a well-established system of corporate governance allows us to minimise those conflicts and enables most disagreements to be solved in a civilised way. The case provides an opportunity to examine the specifics of corporate conflicts in Russia and improves decision-making skills with a view to increase business efficiency.
Research methodology
This descriptive case was written using the secondary sources from the Russian and foreign media, as well as other publicly available information about Norilsk Nickel. No information was disguised in any way.
Case overview/synopsis
This case study is a story of a dramatic corporate conflict at the Russian company Norilsk Nickel, one of the world’s leading producers of precious metals. In 2008–2012, the company went through a painful conflict between the majority shareholders (oligarchs Mr Potanin and Mr Deripaska) for the control over the business. The case of Norilsk Nickel was indeed a crucial case for Russia which helped define the “rules of the game”. In 2019, however, the situation looked prone to the escalation of the old conflict. The fact that from 2018 both oligarchs were under the US sanctions added further tensions.
Complexity academic level
This case is most appropriate for courses in corporate governance, business ethics and doing business in Russia at the undergraduate or graduate level. There is a sufficient number of extenuating circumstances to make for a good discussion of strategic and tactical factors in this type of a corporate governance decision analysis. The complexity of the case is a perfect illustration of the Russian business environment: it is never easy in the Russian business environment to figure out what is important and what is not.
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Russia's exclusion from international financial markets presents high risks to macroeconomic stability in the short and longer term. Sovereign rating downgrades to 'junk' indicate…