Wealthy Russians Reluctant to Hand Down Business to Their Heirs
Today's big businesses in Russia may never become family dynasties. Only a few business owners have succession plans in place, but many have never considered the issue, for reasons ranging from their heirs being too young to avoiding conflict in the family to resenting the lack of institutions in Russia to support effective wealth succession. Instead, most entrepreneurs are planning to retain control of their business for as long as possible, according to researchers from the HSE Faculty of Social Sciences and the Skolkovo Wealth Transformation Centre. For the first time ever, they examined the attitudes of Russia's major capital owners towards business and wealth succession.
25%
of school-age students are regularly or occasionally given physical punishment at home for bad behaviour.
Raiders Love Tradespeople and are Afraid of Lawyers
Russian corporate raiders prefer to operate in regions with developed trade and industrial sectors, but where there are fewer lawyers and non-profit organizations, said Anton Kazun, junior research fellow at the HSE Institute for Industrial and Market Studies International Center for the Study of Institutions and Development, in his paper ‘Corporate raid in Russian regions: indicators and factors’.
International Scholars Reflect on HSE Political Science Conference
The 4th Annual Conference of the International Center for the Study of Institutions and Development (ICSID) ‘Institutions, Elites and Collective Action in the Developing World’ took place at the Higher School of Economics in Moscow on June 30- July 1, 2015. It was preceded by an EACES-HSE Workshop ‘Political Economy of Development: New Challenges and Perspectives’ on June 29, 2015. Several international researchers have spoken to HSE News Service about the conference and their research projects.
Laboratory of Algorithms and Technologies for Networks Analysis
Panos Pardalos, Scientific Advisor of the Laboratory of Algorithms and Technologies for Networks Analysis (LATNA), and Valery Kalyagin, Head of the LATNA, talk about research projects of the laboratory.
40%
of Russia’s working-age population is employed in the informal sector of the economy.
Asia is Learning to Consume
Asia is turning from a ‘global factory’ into a colossal consumer of goods and services, and this could lead to radical changes in the world economy, Junior Research Fellow in the Centre for Comprehensive European and International Studies (CCEIS), Anastasia Likhacheva, said in the paper ‘A New Model of Development in the Asian Region: Continent of Consumption’ presented at HSE’s XVI April International Academic Conference.
Leading Companies in Search of Young Talent
Most Russian companies on the Forbes 500 list have programmes in place for managing young talent, so that they are able to develop their own managers to take leading positions within the company in the future, according to Veronica Kabalina, professor of the HSE Faculty of Management, and Maral Muratbekova-Touron (Paris) and Marion Festing (Berlin), researchers at the ESCP Europe. The findings of their study 'Young Talent Management Programs in Russian Companies and MNCs' were presented at the HSE's XVI April Conference.