8 articles in this issue
Svetlana Grigorieva, Angelina Egorova
A substantial body of academic literature continues to investigate whether M&A deals create or destroy shareholder value and what are the main determinants of M&A performance, but the results are still inconclusive. In this paper, we investigate the impac... see more
Alsu Khisamitova, Anastasia Stepanova, Maria Kokoreva
This paper contributes to the literature on management and corporate governance in microfinance institutions. The microfinance market is one of the rare markets with a large representation of women in management and governance roles. The objective of our ... see more
Ilya Ivaninskiy
This article presents a survey of recent studies on the impact of digitalisation, and particularly blockchain technology, on corporate governance and the principal-agent conflict in companies. The principal-agent conflict has been a centerpiece of the cor... see more
Aleksandr Sterkhov
The purpose of this research is to build a model for estimating the relative premium in mergers and acquisitions involving electric power companies. This evaluation is based on four groups of factors: the company’s operating and financial results, the cou... see more
Irena Jindrichovska, Vyacheslav Moskalchuk
This article aims to compare and contrast the available empirical evidence concerning the capital structure of Polish, Czech and Russian companies. This is an intriguing research area due to the fact that the Czech and Polish economies began their transit... see more
Elettra Agliardi, Anton Krupin
This article aims to identify the main business and economic determinants of capital structure in a sample of innovative companies from BRICS countries.We achieve this by presenting a comparative analysis of 1,437 high-tech and 1,485 non-innovative compan... see more
Rajesh Chakrabarti, Alexander Gruzin
Capital structure is an indicator of the value of a firm and is a key performance indicator concerning how efficiently a company operates. Debt and leverage influence a company’s investment risks and influence the rate of return required by investors. The... see more
Eugene Nivorozhkin, Eugeniu Kireu
The financial stability of a company, along with its operational effectiveness, depend on whether the company endeavours to optimise its capital structure, and the speed at which it can do so. The purpose of this article is to assess the relative impact o... see more