School of Finance

A presentation was held for the new book titled "Russian Corporations on the Path to Antifragility. Financial Architecture of Companies", published by the publishing house of the National Research University Higher School of Economics. The authors of the study presented key findings and discussed trends in the development of the corporate sector in both Russia and globally.

The academic journal Journal of Corporate Finance Research (JCFR) has been added to the international bibliometric platform SCImago Journal Rank (SJR) — an analytical portal based on Scopus data.

The first issue of 2025 features research on ESG ratings across BRICS countries, the impact of new technologies on the performance of vertically integrated Russian oil companies, the development of digital ecosystem resilience indices, financial inclusion, and more.

The Conference will be held on June, 4-6 in London.

Economists from HSE and RUDN University have analysed issues related to corporate digital transformation processes. The introduction of digital solutions into corporate operations reduces the number of patents in the field of green technologies by 4% and creates additional financial difficulties. However, if a company focuses on sustainable development and increases its rating in environmental, social, and governance performance (ESG), the negative effects decrease. Moreover, when the ESG rating is high, digitalisation can even increase the number of patents by 2%. The article was published in Sustainability.

The study «Portrait of the Board of Directors – 2024» has revealed new trends in the composition and functioning of boards of directors in Russia’s largest companies.

In January 2025,  a leading international peer-reviewed journal «Sustainability» published the article «Unlocking Green Innovation Potential Amidst Digital Transformation Challenges - The Evidence from ESG Transformation in China» by the School of Finance Professor Irina Ivashkovskaya and Research Intern of Corporate Finance Center Wu Yanfei, with co-authors.

The annual conference ‘ESG Corporate Dynamics: The Challenges for Emerging Capital Markets’ 2024 has been held at the School of Finance. The event brought together over 20 scholars from leading universities in China, Egypt, Malaysia, and other countries.

The publishing office of HSE University released the book Russian Corporations in New Economic Reality. Financial Strategies on the Way towards Antifragility under the editorship of Irina Ivashkovskaya, Tenured Professor, Head of the School of Finance of HSE University. The scholars studied the procedures of transformation and adaptation of large Russian companies to the sanctions regime and cancel culture. The book presentation will take place on 7 November on HSE campus in Moscow at Pokrovsky Boulevard.