Publications: Financial Architecture

2020

• Ivashkovskaya I., Stepanova A., McCahery J. Corporate Governance and Firm Performance in Russia. // Ivashkovskaya I., Stepanova A., McCahery J. Springer Nature. 2020.
• Ivashkovskaya I., Grishunin S. Mastering value creation. The evidence from emerging capital markets. // Ivashkovskaya I., Grishunin S. Springer Nature. 2020.
• McCahery J., Ivashkovkskaya I.,Stepanova A., Corporate financial architecture and performance in emerging capital markets. // prepared for printing in Springer Nature

2017

• Ivashkovskaya I. V., Kokoreva M. S., Makeeva E. Yu, A., Grigorieva S. A., Skvortsova I. V., Stepanova A. N., Kokorev D. A., Bashkueva S. A., Tarasova E. O.  Strategic financial decisions of companies in emerging capital markets: a monograph / Ed.: KnoRus, 2017.

2013

• Ivashkovskaya, I., Stepanova, A. and Kokoreva, M. (2013) Financial Architecture of Russian Companies: Empirical Analysis. // M.: INFRA-M, 2013. (in Russian)

2007

• Ivashkovskaya, I. (2007) Boards of directors and creation of economic profit in the Russian companies. // М.: HSE Publishing House. (in Russian)

2019

• Ivashkovskaya I.V., Stepanova A.N. Stability of company growth. View from the standpoint of the types of corporate financial architecture // In the book: Strategic financial decisions of companies in emerging capital markets: monograph / Ed. Ed .:I. V.Ivashkovskaya.M.:KnoRus,2019. Ch.10.pp. 258-286.

2012

• Ivashkovskaya, I., Kukina, E. and Stepanova, A. (2012) The impact of corporate financial architecture on economic profit: an empirical study of Russian companies in the crisis and pre-crisis period. // Proceedings of the XII April International Academic Conference on Economic and Social Development, 4, 39-48.(in Russian)

2009-2011

• Stepanova, A. and Yakovlev, S. (2011) Impact of state ownership and the level of investor protection on corporate performance: cross-country analysis. // Proceedings of the XI April International Academic Conference on Economic and Social Development, 3, 501-509. (in Russian)
• Ivashkovskaya, I. and Stepanova, A. (2010) Is the optimal financial architecture of the company possible? Comparative analysis of companies in Europe, Russia and other countries with growing capital markets. // Proceedings of the X April International Academic Conference on  Economicand Social Development,Vol. 2, 329-339. (in Russian)
• Ivashkovskaya, I. and Stepanova, A. (2009) The financial architecture of the firm: ownership structure and corporate performance in the growing capital markets. // Modernization of the economy and globalization. Edited by: E. G. Yasin. Moscow: The Publishing House oftheState University-HigherSchool of Economics, 3. (in Russian)
• Ivashkovskaya, I., Osipov, Y. and Raschupkin, A. (2008) Boards of Directors and Corporate Efficiency in the Transition Economy: a Study Based on the National Rating of RID - Expert RA. // Corporate Governance and Sustainable Business Development: The Strategic Role of Boards of Directors.M.:Publishing houseEurope. (in Russian)
• Pirogov, N. (2008) Corporate governance and company activities. // Corporate Governance and Sustainable Business Development: The Strategic Role of Boards of Directors. M.: Publishing house Europe. (in Russian)
• Ivashkovskaya, I. and Stepanova, A. (2007) Corporate Governance and Corporate Performance of Russian Companies. Empirical Evidence. // Report for the IV International Conference "Economic Development in the Modern World: Dynamics of the Market Processes and Business Environment", Yekaterinburg, April 19-20, 2007. Working Paper Series “Analytic Reports of Economic Department of UrSU”. Special Issue. Yekaterinburg, Publishing House of UrSU. (in Russian)

2020

• Mikhailova A., Ivashkovskaya I. Do Investors Pay Yield Premiums on Green Bonds? // Journal of corporate finance research. 2020. Vol.14, #2, p. 7-21
• Ivaninsky I., Ivashkovskaya I., McCahery J. Impact of blockchain on the principal-agent conflict. // sento to Journal of management and governance. Special issue.
• Korablev В., Ivashkovskaya I., Stepanova A. (2020) Human Сapital of Board of Directors. // accepted for publication in Economic Journal HSE. 
• Karnoukhova E., Kokoreva M., Stepanova A. Institutional Investors and Performance of Innovative Companies. // sent to Quarterly Review of Economics and Finance.
• Ivaninsky I., Ivashkovskaya I. (2020) Digitalization and corporate governance: new challenges for boards. // sent to the publisher.
• Ivashkovskaya I., Talankova A. The impact of Overconfident CEO over financing policies in emerging markets. // sent to the publisher.
• Ivashkovskaya I., Morenkova A., Skvortsova I. CEO overconfidence and M&A performance in emerging markets // accepted for publication.
• Ivashkovskaya I., Tokareva T. Does CEO Overconfidence Impact Investing Activities? // sent to the publisher

2018

• Anilov, Artem and Ivashkovskaya, Irina, Do Boards of Directors Affect CEO Behavior? Evidence from Payout Decisions. Higher School of Economics. Series WP BRP "Basic research program". 2018. No. WP BRP 69 / FE / 2018.
• Feruleva N., Ivashkovskaya I. Assessment of capital investment and corporate finance // Journal of Corporate Finance Research. 2018. Vol. 12. No. 1. P. 64-76.
• Ivashkovskaya I., Evdokimov S. Does the Corporate Differ? The Evidence From USA // Journal of Corporate Finance Research. 2018. Vol. 12. No. 4. P. 7-28.

2017

• Stepanova, A. and Kazaryan, I. (2017) Corporate Life Cycle and Firm's Financial Architecture: Evidence from Emerging countries. // EJournal of Corporate Finance Research, Vol. 14, 4.
• Stepanova A.N., Kazaryan I.G. (2017) Corporate Life Cycle and Firm's Financial Architecture: Evidence from Emerging countries. // Electronic Journal of Corporate Finance, Vol. 14, 4.

2016

• Kokoreva, M., Stepanova, A. and Karnoukhova, E. (2016) What Do We Not Know about Ownership Structure of the Largest US Companies? // Economic Policy, 11, No. 6, 1-24. (in Russian)
• Kokoreva M.S., Stepanova A.N., Karnoukhova E.V. (2016) What do we not know about the ownership structure of the largest US companies? // Economic Policy, 11, No. 6, 1-24.
• Stepanova A.N., Tereshchenko A. (2016) The Evolution from Emerging Markets. // Electronic Journal of Corporate Finance, Vol. 10, 3, 5-23.
• Stepanova, A. and Tereshchenko, A. (2016) The Influence of Independent Directors, Insider Ownership and Scientific Connections on Risky R&D Investments: Evidence from Emerging Markets. // EJournal of Corporate Finance Research, Vol. 10, 3, 5-23.
• Stepanova, A. and Ivantsova, O. (2016) Do Large European Banks Benefit from Sound Corporate Governance in Good and Bad Times? // EJournal of Corporate Finance Research, Vol. 10, 4, 28-42.
• Stepanova A.N., Ivantsova OM (2016) Do Large European Banks Benefit from Sound Governance and Bad Times? // Electronic Journal of Corporate Finance, Vol. 10, 4, 28-42.

2015

• Stepanova A.N., Shikhantsova O.S. (2015) Insider Ownership and Strategic Efficiency of Companies in the BRIC Countries: Analysis 2003–2013 // Russian Journal of Management, Vol. 13, No. one.
• Stepanova, A. and Shikhantsova, O. (2015) Insider Ownership and Firm Performance in BRIC Countries: The Analysis of 2003–2013. // Russian Management Journal, Vol. 13, No. 1. (in Russian)

2014

• Ivashkovskaya, IV, Stepanova, AN, Felício, J.A., Rodrigues R. (2014) Corporate Governance and Performance in the Largest European Listed Banks during the Financial Crisis. // Innovar., Vol. 24, No. 53, 83-98.
• Ivashkovskaya I.V., Stepanova A.N., Eliseeva N. (2014) Does a Corporate Financial Architecture? The Evidence from Russia. // Electronic journal Corporate Finance, 4 (32), 11-37.
• Ivashkovskaya, I., Stepanova, A., Felício, J.A. and Rodrigues, R. (2014) Corporate Governance and Performance in the Largest European Listed Banks during the Financial Crisis. // Innovar., Vol. 24, No. 53, 83-98.
• Ivashkovskaya, I., Stepanova, A. and Eliseeva, N. (2014) Does Corporate Financial Architecture Contribute to Sustainable Corporate Growth? The Evidence from Russia. // EJournal of Corporate Finance Research, 4 (32), 11-37.

2013

• Stepanova, A. and Balkina, E. (2013) Corporate Financial Architecture at Different Lifecycle Stages: Performance Effect in Russia. // EJournal of Corporate Finance Research, 3 (27), 5-22. (in Russian)

2012

• Kokoreva, M. and Stepanova, A. (2012) Financial Architecture and Corporate Performance: Evidence from Russia. // EJournal of Corporate Finance Research, 2 (22), 34-44.

2011

• Ivashkovskaya, I., Stepanova, A. and Kukina, E. (2011) The Impact of Corporate Financial Architecture on the Companies' Strategic Performance. // Book: New Trends in the Development of Russian Corporate Governance Model: the Post-Crisis Lessons. Yekaterinburg: Ural State Economic University, 2011., 85-98
• Ivashkovskaya, I. and Stepanova, A. (2011) Does strategic corporate performance depend on corporate financial architecture? Empirical study of European, Russian and other emerging market’s firms. // Journal of Management and Governance, 15, 4, 603-616
• Stepanova, A. and Ivantsova, O. (2011) Corporate Governance: Discussion. // EJournal of Corporate Finance Research, 4 (20), 122-132. (in Russian)
• Stepanova, A. and Kuzmin, S. (2011) Corporate Governance and Operational Efficiency: Evidence from Russia. // EJournal of Corporate Finance Research, 4 (20), 24-39. (in Russian)

2010

• Aleskerov, F., Belousova, V., Ivashkovskaya, I., Pogorelsky, K. and Stepanova, A. (2010) Analysis of Cost Efficiency and Shareholder Power Distribution in Banks, part 1. // Management in Financial Institution, 2 (54), 32-47. (in Russian)
• Aleskerov, F., Belousova, V., Ivashkovskaya, I., Pogorelsky, K. and Stepanova, A. (2010) Analysis of Cost Efficiency and Shareholder Power Distribution in Banks, part 2. // Management in Financial Institution, 3 (55), 30-38. (in Russian)
• Ivashkovskaya, I. (2010) The financial model of company analysis: the basis for making decisions by the boards of directors. // Appraisal practice, 3, 10. (in Russian)
• Ivashkovskaya, I. (2010) Assessing the sustainability of the company's growth: the stakeholder approach. // Finance and Credit, 43(427), 14-18. (in Russian)
• Ivashkovskaya, I. (2010) The corporate governance model based on stakeholders' costs. // Bulletin of the Financial University, 2, 29-36. (in Russian)
• Maslennikova, M. and Stepanova, A. (2010) The influence of the ownership structure on the performance on the example of Russian and Brazilian companies. // EJournal of Corporate Finance Research, 3(15), 35-46. (in Russian)
• Shipilova, A. (2010) The Quality of Corporate Governance: Commercial and Research Ratings. // EJournal of Corporate Finance Research, 2 (14), 94-102. (in Russian)
• Stepanova, A. and Yakovlev, S. (2010) Impact of state ownership and the level of shareholders' rights protection on strategic performance: cross-country analysis. // EJournal of Corporate Finance Research, 4 (16), 17-30. (in Russian)

2009

• Ivashkovskaya, I. and Stepanova, A. (2009) Ownership Structure as an Element of Corporate Financial Architecture: Impact on the Strategic Performance of Companies. // Finance and Business, 3. (in Russian)
• Pirogov, N. and Bobryshev, N. (2009) Relationship between agency costs and ownership structure on the example of Russian and East European companies. // EJournal of Corporate Finance Research, 2 (10), 40-56. (in Russian)
• Stepanova, A. (2009) The impact of the company's financial architecture on its strategic performance. // Finance and Credit, 44 (380), 38-45. (in Russian)

2008

• Bayburina, E. and Shustrova, E. (2008) The influence of top management and board of directors on the value of large Russian companies. // EJournal of Corporate Finance Research, 4 (8), 58-78. (in Russian)
• Ivashkovskaya, I. (2008) The problematic field of corporate governance: research and results. // Economic science of modern Russia, 1(40). (in Russian)
• Stepanova, A. (2008) You own - Manage. // Company management, 3. (in Russian)
• Zhivotova, E., Kokoreva, M. and Stepanova, A. (2008) Corporate Governance: Discussion. // EJournal of Corporate Finance Research, 4 (8), 122-142. (in Russian)

2007

• Ivashkovskaya, I., Ponomareva, M. and Settles, A. (2007) The activities of the boards of directors and the strategic performance of companies. // Issues of management theory and practice, 8, 76-87. (in Russian)
• Stepanova, A. (2007) Corporate Governance and Corporate Performance. Empirical Evidence in Growing Capital Markets. // EJournal of Corporate Finance Research, 4, 64-75. (in Russian)
• Kokoreva, M. (2007) Financial architecture of the company and corporate governance mechanisms: the theoretical framework (review of the 2nd international conference Corporate Governance and Sustainable Business Development: The Strategic Role of Boardsof Directors). //EJournalofCorporateFinance Research, 4 (4), 45-58. (in Russian)

2018

• Karnoukhova E., Stepanova A. N., Kokoreva M. S. THE INFLUENCE OF THE OWNERSHIP STRUCTURE ON THE PERFORMANCE OF INNOVATIVE COMPANIES IN THE US / NRU Higher School of Economics. Series FE "Financial Economics". 2018.

2017

• Kokoreva M.S., Stepanova A.N., Pokh K.S. Could High-Tech Companies Learn from others While Choosing Capital Structure? National Research University Higher School of Economics. Series WP BRP "Basic research program". 2017. No. 62/FE/2017.

2012

• Ivashkovskaya, I. and Stepanova, A. (2012) Financial Architecture and Economic Profit Creation in Russia: Corporate Governance Issue in the Pre-Crisis and Post-Crisis Economy. // SSRN Working Paper, 2012.
• Stepanova, A. and Ivantsova, O. (2012) Does Corporate Governance Have an Effect on Performance in the European Banking Sector? Evidence from a Crisis Environment. // HSE Working Paper Series, WP BRP 10/FE/2012.