© 2020

Corporate Governance in Central Europe and Russia

Framework, Dynamics, and Case Studies from Practice

  • Maria Aluchna
  • Samuel O. Idowu
  • Irina Tkachenko

Part of the CSR, Sustainability, Ethics & Governance book series (CSEG)

Table of contents

  1. Front Matter
    Pages i-xii
  2. Maria Aluchna, Samuel O. Idowu, Irina Tkachenko
    Pages 1-8
  3. Mechanisms and Structures

  4. Best Practices and Standards

  5. Regulation

  6. Back Matter
    Pages 281-285

About this book


This book examines corporate governance through a holistic lens that integrates financial, social and environmental goals, e.g. increasing transparency and disclosure. In addition, it investigates the theoretical assumptions guiding the current corporate governance practices adopted by companies in Central Europe and Russia. The book presents a dynamic study on the evolution of corporate governance systems, which were practically non-existent just 30 years ago. In turn, it addresses criticism leveled at corporate governance, its impact on the outbreak of the financial crisis, and recommendations for changes after the crisis. The book employs a regional focus, exploring a group of countries that have often been neglected in corporate governance research. Carefully selected data and a variety of case studies prepared by leading authors from the region provide evidence to support the analysis.


Post-transition dynamics of corporate governance Economic and social development in Eastern Europe Current practice of corporate governance Case studies Criticism of corporate governance practice Efficient privatization Power of oligarchs Financial performance Social performance

Editors and affiliations

  • Maria Aluchna
    • 1
  • Samuel O. Idowu
    • 2
  • Irina Tkachenko
    • 3
  1. 1.Warsaw School of EconomicsWarsawPoland
  2. 2.Guildhall Faculty of Business and LawLondon Metropolitan UniversityLondonUK
  3. 3.Corporate Economics and Business GovernanceUral State University of EconomicsEkaterinburgRussia

About the editors

Maria Aluchna is an associate professor at the Department of Management Theory, Warsaw School of Economics, Poland. Her research interests include corporate governance and corporate social responsibility. She teaches “Corporate governance”, “Transition in Central and Eastern Europe” and  “Strategic management”. Maria Aluchna is the member of European Corporate Governance Institute (ECGI), European Academy of Management (EURAM), the editorial teams of Journal of Knowlegde Globalization, European Journal of Management and of the Polish journals - Przegląd Organizacji [Organization Review] and e-Mentor.

Samuel O.Idowu is a senior lecturer in Accounting and Corporate Social Responsibility at the London Guildhall Faculty of Business & Law, London Metropolitan University, UK. He researches in the fields of Corporate Social Responsibility (CSR), Corporate Governance, Business Ethics and Accounting and has published in both professional and academic journals since 1989. He is a freeman of the City of London and a Liveryman of the Worshipful Company of Chartered Secretaries and Administrators. Samuel is a Vice President and Deputy CEO, Global Corporate Governance Institute. He has led several edited books in CSR and is the Editor-in-Chief of two Springer’s reference books – the Encyclopaedia of Corporate Social Responsibility and the Dictionary of Corporate Social Responsibility. He is also a Series Editor for Springer’s books on CSR, Sustainability, Ethics and Governance. One of his edited books was ranked 18th in the 2010 Top 40 Sustainability Books by, Cambridge University, Sustainability Leadership Programme. Samuel is a member of the Committee of the Corporate Governance Special Interest Group of the British Academy of Management (BAM). He is on the Editorial Boards of the International Journal of Business Administration, Canada and Amfiteatru Economic Journal, Romania. Samuel has delivered a number of Keynote Speeches at national and international conferences and workshops on CSR and has on two occasions 2008 and 2014 won Emerald’s Highly Commended Literati Network Awards for Excellence. To date, Samuel has edited several books in the fields of CSR, Sustainability, Ethics and Governance and has written four forewords to books. Samuel has served as an external examiner to the following UK Universities – Sunderland, Ulster, Anglia Ruskin and Plymouth. He is currently an external examiner at Robert Gordon University, Aberdeen, Teesside University, Middlesbrough and Sheffield Hallam University.

Irina Tkachenko is a professor at Ural State University of Economics, Ekaterinburg, Russia, director of the Institute of Corporate Governance and Entrepreneurship,  and head of the Department of Corporate Economics, Governance and Business, and Business Administration. She is a Doctor of Science (Economics). Her doctorate dissertation (2002) “Institutional and Valuable Basis for Effective Development of Interfirm Corporate Relations”  was devoted to the problems of corporate governance. She specializes in topics of corporate governance, corporate social responsibility and public-private partnership. She is one of the co-authors of the book “Transforming Governance: New Values, New Systems in New Business Environment”, edited by M.Aluchna, Guler Aras. Tkachenko is one of the co-authors of the book “Responsible Corporate Governance”, published by Springer (2017) and edited by M.Aluchna, S.O. Idowu.

Irina Tkachenko has won many grants on corporate governance issues, including international: The Fundamental Research Fund in the sphere of economic science by  the Russian Ministry of Education (1999-2000, 2003-2004);  RGNF Grant, (2001, 2011-2012);  The Russian Foundation for Basic Research (2013-2015); Grant of Bridge partnership with Ashcroft International Business School of Anglia Ruskin University, UK (2006-2010, 2012); ACTR-RSEP fellowship,  George Washington University, Washington, DC (USA, 1995); Canada-Russia Program in Corporate Governance, Schulich School of Business, Toronto, Ontario, Canada, Grant of CIDA, June-July, 2003; Erasmus Mundus Action 3: (SCEE project) - The Warsaw School of Economics (Szkoła Główna Handlowa w Warszawie, SGH) (2013). Tkachenko was a visiting lecturer in Karaganda State University, Kazahstan (2012), in Poland (SGH, 2013), in Italy (Luiss Guido Carli University and Link Campus University (Rome, 2014) and Florence University (2014).

Bibliographic information

  • Book Title Corporate Governance in Central Europe and Russia
  • Book Subtitle Framework, Dynamics, and Case Studies from Practice
  • Editors Maria Aluchna
    Samuel O. Idowu
    Irina Tkachenko
  • Series Title CSR, Sustainability, Ethics & Governance
  • Series Abbreviated Title CSR, Sustainability, Ethics & Governance
  • DOI
  • Copyright Information Springer Nature Switzerland AG 2020
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management Business and Management (R0)
  • Hardcover ISBN 978-3-030-39503-2
  • Softcover ISBN 978-3-030-39506-3
  • eBook ISBN 978-3-030-39504-9
  • Series ISSN 2196-7075
  • Series E-ISSN 2196-7083
  • Edition Number 1
  • Number of Pages XII, 285
  • Number of Illustrations 16 b/w illustrations, 7 illustrations in colour
  • Topics Corporate Governance
    Corporate Social Responsibility
    Economy-wide Country Studies
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking