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.
Corporate Finance Center seminar: family firm resilience in BRICS and the role of CEO education and experience in M&A
On May 14, 2026, the Corporate Finance Center held a research seminar featuring two studies. Polina Milova spoke about the resilience of family firms in BRICS countries during and after the COVID-19 pandemic, and E. Zagudalova discussed how the education and professional experience of CEOs are related to the performance of mergers and acquisitions in Russia.
On April 23, a research seminar of the Corporate Finance Center was held on the topic "The Impact of M&A Strategies on the Sustainability of Companies in China."
On 23 April, Anastasia Demeneva and Violetta Gladkikh presented a study linking M&A strategies to corporate resilience at a CFC research seminar. The sample covers 5,000 Chinese listed companies and 4,900 deals over 2010–2025, analyzed with propensity score matching and difference-in-differences. The effect of M&A on resilience proved statistically significant and varies across deal strategies.
On April 9, a research seminar of the Corporate Finance Center was held on the topic of The Impact of Shareholders’ Non-Financial Characteristics on the Voluntary Delisting of Russian Companies
On 9 April, doctoral student Ilya Kizko, supervised by Associate Professor Svetlana Grigorieva, presented a study of what drives Russian companies to delist voluntarily. The key finding: in crisis periods ownership structure matters more — corporate control raises the likelihood of delisting, while control by individuals lowers it.
On March 26, a research seminar of the Corporate Finance Centre was held on the topic of Islamic Finance and Sustainable Development
On 26 March, Ravnaa Ibrahim presented a study of the role of Islamic finance in meeting the UN Sustainable Development Goals, drawing on data from 58 countries. Associate Professor Madina Kalimullina spoke on the translation of AAOIFI standards into Russian and the need for strict adherence to international standards. The study identifies a structural gap between financial performance and governance in Islamic banking and proposes a regulatory roadmap aligning the industry’s growth with the 2030 Agenda.
On March 12, a research seminar of the Corporate Finance Centre was held on the topic of "Retail Investors Expectations and Systematic Investing Performance: Evidence from the Telegram Data."
On 12 March, Research Fellow Aleksandr Tomtosov presented preliminary results of a joint study, “Retail investors expectations and systematic investing performance: evidence from Telegram data”. Messages from Telegram channels and investor forums are processed using large language models; the seminar covered descriptive statistics of the dataset and first estimates of how retail investors’ preferences relate to the performance of systematic strategies on the Russian equity market.