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Regular version of the site

Corporate Finance Center

Publications
Article
Is corporate governance important for green bond performance in emerging capital markets?

Ivashkovskaya I., Frecautan I.

Eurasian Economic Review. 2024.

Article
Unlocking Green Innovation Potential Amidst Digital Transformation Challenges—The Evidence from ESG Transformation in China

Wu Y., Ivashkovskaya I., Besstremyannaya G. et al.

Sustainability. 2025. Vol. 17. No. 1.

Article
The Threshold Effect of Board Characteristics, Corporate Social Responsibility and Brand Value

Wu Y., Ke D., Liu Z. et al.

Journal of Corporate Finance Research. 2024. Vol. 18. No. 3. P. 26-37.

Article
Resilience Index Development for Digital Ecosystems and Its Implementation: The Case of Russian Companies

Grishunin S., Ivashkovskaya I., Brendeleva N. et al.

Journal of Corporate Finance Research. 2025. Vol. 19. No. 1. P. 25-40.

Book chapter
Corporate diversification and value creation: Should Russian firms diversify?

Ivashkovskaya I., Skvortsova I.

In bk.: The Life of Russian Business: (Re)cognizing, (Re)activating and (Re)configuring Institutions. Information Age Publising, 2019.

Article
Board Committee Diversity and Its Effects on Financial Performance: A Study of Russian Firms

Popov K.

Journal of Corporate Finance Research. 2024. Vol. 18. No. 4. P. 5-33.

Article
Patenting for profitability: green energy innovations and firm performance in BRICS countries

Elena Makeeva, Popov K., Teplova O.

Frontiers in Environmental Science. 2024. Vol. 12.

Working paper
The Influence of Ownership Structure And Board Independence On The Cost Of Debt In BRIC Countries

Stepanova A. N., Kopyrina O.

Financial Economics. FE. Высшая школа экономики, 2019. No. 74/FE/2019.

Corporate Finance Center was founded in June 2006 at the National Research University Higher School of Economics. The Laboratory strives to promote high-quality research on the application of financial theory and methods to real-world corporate financial policy, corporate activity, and corporate governance studies. The Laboratory's goal is to advance new knowledge for companies and to provide a platform for discussing empirical findings in corporate finance.

International Conference «ESG Corporate Dynamics: the Challenges for Emerging Capital Markets»

ESG Conference is a truly significant platform for sharing cutting-edge research on the ESG transformation of companies in BRICS countries and other emerging capital markets.

In 2025, the conference plans to bring together leading experts and researchers from different countries worldwide to share best practices in the field of ESG.

The keynote speakers for the 2025 conference will be:

Ahmet Faruk Aysan (Hamad Bin Khalifa University, Qatar) with a report on "Agents as Cofounders? Startup Signals of AI Adoption and Venture Funding"

Kai Wu (Central University of Finance and Economics, Beijing) with a report titled "The Hidden Costs of Greening Supply Chains."

More detailed information about the conference can be found at the link.

HSE Laboratory “Corporate Finance” Researchers and Students Present Study on Corporate Governance Practices in Russian Companies

Congratulations to Ion Frecautan on successfully defending his PhD dissertation

Pre-Defense of Konstantin Popov’s PhD Dissertation Held at the HSE University School of Finance

Current Issues in Pricing Financial Assets in Emerging Capital Markets and Analysis of the Impact of Digital Transformation by Economic Sectors

On June 17th, the regular research seminar of the Corporate Finance Centre was held. The seminar was dedicated to discussing current issues of asset pricing in emerging capital markets and methods for assessing the impact of digital transformation across economic sectors on the sustainable development of companies.

Inclusive Growth Index, Consolidated Database Architecture, and Research on the Role of Boards in ESG Reporting and Financial Resilience of Russian Public Companies — Scientific Seminar at the Corporate Finance Center

On June 9th, the regular research seminar of the Corporate Finance Center was held. The seminar was dedicated to discussing a comprehensive set of metric indicators for assessing business resilience to structural crises and high uncertainty for companies in emerging markets, in the context of challenges posed by new globalization processes, for the purpose of constructing composite indices.

Pre-Defense of Yanfei Wu’s PhD Dissertation Held at the HSE University School of Finance

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