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Book part
Publication date: 15 October 2005

Alexander Tsypko

To begin, citizens of the former Soviet Republics perceive themselves to be failures. Many view the last century as a waste for Russians, an opinion shared not only among…

Abstract

To begin, citizens of the former Soviet Republics perceive themselves to be failures. Many view the last century as a waste for Russians, an opinion shared not only among intellectuals but also among civilians. Disappointment with communism and communists has been followed by disappointment and mistrust in democracy and democrats. While Russia’s current boundary configuration and ethnic posture are new, it has retained the most painful colonial assets of Czarist Russia, primarily in the Northern Caucasus. Further, the two Chechen wars exacerbate the challenges the nation now faces and serve as a reminder that, although Vladimir Putin’s assent to power has reduced somewhat the centrifugal tendencies in Russia, the new Russian Federation is not immune to challenge.

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Eurasia
Type: Book
ISBN: 978-1-84950-011-1

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Article
Publication date: 25 October 2011

Charalambos Vlachoutsicos

The paper seeks to provide a commentary on Michailova and Jormanainen's viewpoint entitled “Knowledge transfer between Russian and Western firms: whose absorptive capacity…

Abstract

Purpose

The paper seeks to provide a commentary on Michailova and Jormanainen's viewpoint entitled “Knowledge transfer between Russian and Western firms: whose absorptive capacity is in question?”(CPoIB, Vol. 7 No. 3).

Design/methodology/approach

The paper offers a critical analysis of issues regarding knowledge transfer and absorptive capacity in the context of business interactions between Russian and Western firms.

Findings

Based on the author's 25 years of experience in knowledge transfer between Western and Russian counterparts (managers, companies and researchers), the generic concepts “knowledge”, “Western” and “Russian” no longer provide meaningful points of reference for actual knowledge transfer.

Research limitations/implications

Research so far has failed to develop the tools for realistic assessment of current Russian and Western absorptive capacity and has provided inadequate explanations for the hurdles, resistances and other barriers still entailed in the process of knowledge transfer between the two sides. This commentary suggests that the basic assumptions behind the scholarly literature about knowledge transfer between Western and Russian interactants should be examined carefully and that research should focus on identifying the factors that facilitate as well as the factors that impede effective knowledge transfer. The scholarly conversation on the topic needs to continue, particularly through genuine collaboration between Russians and Westerners and between researchers and practitioners.

Practical implications

It is recommended that a system is needed for establishing and sustaining effective knowledge transfer which would both enrich understanding of how such transfer actually works and articulate specific behavorial guidelines that will help each side to transfer their relevant knowledge and increase their own absorptive capacity more effectively.

Originality/value

The commentary challenges some existing views and practices and outlines new directions in relation to both research and practice regarding knowledge transfer between Russian and Western firms.

Details

Critical perspectives on international business, vol. 7 no. 4
Type: Research Article
ISSN: 1742-2043

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Article
Publication date: 14 June 2021

Olga Dziubaniuk and Maria Ivanova-Gongne

This study aims to explore how Russian-origin immigrant entrepreneurs manage to adapt their business-to-business (B2B) relationship management practices and moral concerns…

Abstract

Purpose

This study aims to explore how Russian-origin immigrant entrepreneurs manage to adapt their business-to-business (B2B) relationship management practices and moral concerns to the business ethics of their country of origin and of the host country via the prism of ethical relativism. By focusing on the ethical values of immigrant entrepreneurs in a business relationship context, the study aims to extend the currently limited understanding of these issues in the B2B marketing field.

Design/methodology/approach

A qualitative approach is applied to provide findings from eight in-depth interviews with first-generation Russian entrepreneurs living and doing business in Finland. A narrative approach to the data analysis is used, in particular by applying a thematic analysis of the collected interviews because of the focus on the personal experiences of the interviewees.

Findings

The results illustrate how the immigrant entrepreneurs adapt to ethical values and norms in Russia and Finland and how they enact those values in B2B relationship management in the countries. Immigrant entrepreneurs share several national and ethical backgrounds, which may influence their interaction in international markets, helping them adapt to country-specific business ethics.

Practical implications

The results imply that managers should acquire knowledge on ethical norms at the global level and at the national level, where they aim to expand their business. Productive business relationships involve the premises of honesty, transparency, fairness toward business partners and minimizing opportunism. However, business relations between developed and emerging markets may demand relativism when addressing ethical behavior.

Originality/value

This is one of the few studies that explore the ethical values of immigrant entrepreneurs in the context of international business relationships. The study contributes to the limited literature on ethics in the fields of B2B marketing and immigrant entrepreneurship. The authors encourage further research on ethical values adoption by immigrant entrepreneurs, which is an essential topic in times of increased workforce immigration.

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Journal of Business & Industrial Marketing, vol. 36 no. 13
Type: Research Article
ISSN: 0885-8624

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Article
Publication date: 14 June 2021

Imeda A. Tsindeliani, Maxim M. Proshunin, Tatyana D. Sadovskaya, Zhanna G. Popkova, Mariam A. Davydova and Oksana A. Babayan

The purpose of this paper is to study the current state of the Russian banking system in the context of digital economy development, to establish and identify the…

Abstract

Purpose

The purpose of this paper is to study the current state of the Russian banking system in the context of digital economy development, to establish and identify the benchmarks and needs of legal regulation, to study the potential possibilities of digitalization of relations in the banking sector in the mechanism of implementing prudential rules.

Design/methodology/approach

Using the method of political and legal analysis used in this study, the legal guidelines for the digitalization of the banking sector and the financial services market have been determined, which in the Russian legal system are strategic planning documents.

Findings

International research in the field of banking indicates that digitalization and globalization of the economy stimulate the processes of international regulatory cooperation and harmonization of legislation, the use of new approaches in the development and adoption of regulations in the financial market. The growth of digitalization of relations in the banking sector will contribute to the effective implementation of prudential rules, including those related to the need to protect public interests.

Originality/value

The study revealed a number of issues related to the digitalization of the activities of credit institutions that are professional participants in the securities market and the central bank as a financial mega-regulator, requiring a legal solution. Measures aimed at improving the current legislation and procedures of state regulation and supervision are proposed.

Details

Journal of Money Laundering Control, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1368-5201

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Article
Publication date: 6 April 2021

Ahmed Elbassoussy

The purpose of this study is to identify various Russian manifestations on expanding its role in sub-Saharan Africa, as well as shed light on the major obstacles it may face.

Abstract

Purpose

The purpose of this study is to identify various Russian manifestations on expanding its role in sub-Saharan Africa, as well as shed light on the major obstacles it may face.

Design/methodology/approach

The research paper uses the “national role theory” to analyze the factors that helped in the growing Russian role in sub-Saharan African countries. It assumes that every state seeks to play a particular role, and that role is reflected in its foreign policy, which is known as “role performance,” and this role originates from several sources. On the other hand, this role faces various obstacles, mostly from the external environment, especially the international system’s structure, global values and international obligations, known as “role prescriptions.”

Findings

Despite Russia’s ability to use all its capacities in expanding its role in the African continent, the degree of its influence varied from one field to another. While it was very influential in the military, security, political, diplomatic and technical fields, it is relatively less in the economic and counter-terrorism areas.

Research limitations/implications

This study paves the way for further researches related to international competition over sub-Saharan Africa, whether economically, militarily or politically, in addition to other studies related to potential cooperation opportunities, especially in security and combating terrorism.

Originality/value

This research’s significance stems from using the existing theoretical structure represented in national role theory in analyzing the Russian orientation toward sub-Saharan Africa, giving more attention to the latest developments in Russian strategy, as well as clarifying the major obstacles that may hinder its activities.

Details

Journal of Humanities and Applied Social Sciences, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN:

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Article
Publication date: 5 April 2021

Jonna Ristolainen, Virpi Outila and Rebecca Piekkari

The purpose of this paper is to explain the reversal of language hierarchy in a Finnish multinational corporation (MNC) from a political perspective. This paper situated…

Abstract

Purpose

The purpose of this paper is to explain the reversal of language hierarchy in a Finnish multinational corporation (MNC) from a political perspective. This paper situated the language hierarchy in the historical context of the colonial-style relationship between Finland and Russia. From a post-colonial perspective, the colonial legacy of Russia has had an influence on language strategy and everyday translation work in the Finnish multinational until the present day.

Design/methodology/approach

This paper undertook a case study based on qualitative secondary analysis of existing data sets. These data sets originated from two previously conducted studies of the same Finnish MNC.

Findings

The findings revealed a reversal of the traditional corporate language hierarchy. Russian, as the host country language of powerful local subsidiaries, rose to the top of the hierarchy at the expense of English, the common corporate language, and other languages. The colonial-style relationship was enacted by professional and paraprofessional translators who collaborated by using “the master’s language and imitating the master’s voice” to reap the strategic benefits of local responsiveness.

Originality/value

In contrast to previous work drawing on post-colonial theory in the study of MNCs, this paper represents the headquarters in Finland as the “colonised” party and the Russian subsidiaries as the “coloniser.” Owing to its colonial legacy, Russian, the host country language, became very powerful and influenced the language strategy of the entire MNC. This paper conceptualized translation as a multilevel phenomenon and offers a holistic explanation of why the language hierarchy in the Finnish MNC was reversed.

Details

critical perspectives on international business, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1742-2043

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Book part
Publication date: 23 May 2019

Elena B. Zavyalova and Nikolay V. Studenikin

There is a long-going discussion in Russia focusing on finding new stimulus for economic growth. Being very rich with natural recourses, Russia has enjoyed extensive…

Abstract

There is a long-going discussion in Russia focusing on finding new stimulus for economic growth. Being very rich with natural recourses, Russia has enjoyed extensive economic growth model for many centuries. The world is changing. Russia as any country which is to keep up with the dynamics and the quality of the world economic growth must find some new technologies and economic triggers. Green investment can be regarded as the key instrument to achieve faster economic growth and to make technological gap narrower. The chapter focuses on state policy and business practice in green investment in Russia.

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Book part
Publication date: 28 September 2020

Ekaterina Serbina

The Chinese banks have increased their market entry to Russia since their initial entry in 1993 and have expanded their banking business operations in Russia…

Abstract

The Chinese banks have increased their market entry to Russia since their initial entry in 1993 and have expanded their banking business operations in Russia significantly. The banking sector interaction between China and Russia has received great attention and interests from businesses as well as policy-makers. This chapter describes the main activities of Chinese banks in Russia, assesses their achieved results, and discusses their opportunities for further development of banking interactions of the Chinese banks and the Russian banking sector in the future.

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Emerging Market Finance: New Challenges and Opportunities
Type: Book
ISBN: 978-1-83982-058-8

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Book part
Publication date: 29 November 2012

Annoch Isa Hadjikhani, Andreas Pajuvirta and Peter Thilenius

In this chapter one of few studies made of banks’ internationalization process in emerging markets, focusing on behaviour relating to the political environment is…

Abstract

In this chapter one of few studies made of banks’ internationalization process in emerging markets, focusing on behaviour relating to the political environment is presented. Aiming to understand banks’ behaviour in the Russia, an analytical framework built on the internationalization process model incorporating the impact of political environment is developed. The empirical data in the chapter concern Sweden's four largest banks’ expansion into the Russian market and is presented in form of an longitudinal cross-case study with secondary data between years 1990 and 2010, collected retrospectively. The secondary data consist of newspaper articles, annual reports and press releases. Findings show that in stable periods, Swedish banks have followed the pattern of the internationalization process model when expanding into the Russian market. In periods of instability, the banks’ behaviour is heterogenic and can be opportunistic or cautious.

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Business, Society and Politics
Type: Book
ISBN: 978-1-78052-990-5

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Book part
Publication date: 1 December 2009

Konstantin Timoshenko and Pawan Adhikari

Purpose – This empirical paper seeks to explore how the shift from traditional budgetary accounting toward accrual accounting declared by the Russian state has affected…

Abstract

Purpose – This empirical paper seeks to explore how the shift from traditional budgetary accounting toward accrual accounting declared by the Russian state has affected accounting practices of one public university.

Design/methodology/approach – The empirical data for this research are based on a case study conducted in one state-sponsored university of Russian tertiary education. Our approach is to look at the emergence and implementation of new accounting practices and technologies at the university within the context of broader public sector policy changes occurring in Russia.

Findings – The present study demonstrates that changes at state level have had their initial and most direct impact on formal rules at the university, but little or no impact on its everyday management activity. We claim that the intended changes have so far resulted in more rhetoric than reality, and the changes envisaged have yet to be implemented in university practice.

Research limitations/implications – Since the time frame devoted to this research does not allow the assessment of the final results of the declared reforms, this paper approaches new accounting techniques before they become an established practice at the university. It is also beyond the scope of this research to judge whether these results are applicable to other settings, such as other Russian higher educational establishments.

Practical implications – The paper raises concerns as to whether the old compliance mentality of the Russian state will bring about the desired reform outcome.

Originality/value – This paper provides insights into the nature of Russian public sector accounting change, both at central level and in a specific organizational setting.

Details

Accounting in Emerging Economies
Type: Book
ISBN: 978-1-84950-626-7

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