Technological Factors and the Performance of Russian IPOs Discussed at the Corporate Finance Center Seminar
On 22 October, Sergey Kondratev, 1st year PhD student at HSE University, presented a study of the short- and long-run performance of technology IPOs in Russia at the research seminar of the Corporate Finance Center. Using a hand-collected dataset of 92 IPOs from 2006 to 2026, the study shows that the share of intangible assets is the most robust technology-related driver of first-day underpricing, while over horizons of up to three years the returns of technology companies do not differ from the market.
Corporate Finance Center Researchers Present at EMC 2026 in St Petersburg
Researchers, doctoral students and research interns of the Corporate Finance Center and the School of Finance at HSE University presented ten papers at the XIII International Scientific Conference "Economy and Management" (EMC 2026) at the Graduate School of Management, St Petersburg University. The topics ranged from the role of institutional investors in the resilience of BRICS firms to digitalisation, ESG and the pricing of green sukuk.
Konstantin Popov Defends His PhD Dissertation (Supervisor: Associate Professor Elena Makeeva)
On September 22, 2026, Konstantin Popov defended his PhD dissertation on how board characteristics and CEO power affect the ESG transformation and financial performance of Russian public companies. Supervisor: Associate Professor Elena Makeeva.
Irina Ivashkovskaya and Alexey Bogomolov Take Part in the International Conference "Strengthening BRICS Connectivity: Fostering Cooperation"
Irina Ivashkovskaya, Head of the School of Finance at HSE University, and Alexey Bogomolov took part in the international conference "Strengthening BRICS Connectivity: Fostering Cooperation," held in Moscow on July 6, 2026. The discussions covered the sustainable development agenda, climate finance, and preparations for the BRICS Business Forum in India.
The researchers of the Corporate Finance Center have analyzed theeffects of independent directors’ characteristics on ESG disclosure of Russian publiccompanies
The article published in Russian Management Journal summarizes theeffects of independent directors’ characteristics on ESG disclosure of Russian publiccompanies identified within the framework of the research project devoted to analysis ofcorporate governance models and corporate resilience in BRICS+ countries.
Laboratory Research Seminar Discusses Strategic Resilience and Inclusive Growth in BRICS Metallurgical Companies
The Corporate Finance Сenter held a research seminar at which Project Seminar 187 students presented a novel index of strategic resilience, calculated for 52 metallurgical companies from the BRICS countries over 2019–2024. Participants discussed why resilience profiles differ markedly across countries and why a focus on short-term resilience alone does not deliver long-term growth.