School of Finance Faculty of Economic Sciences HSE University
119049 Moscow, Russia
11 Pokrovsky Bulvar, S629
School of Finance: df@hse.ru +7 (495) 772-95-90 *27447, *27190, *27947
Master’s Programmes: Corporate Finance, Master of Business Analytics
Doctor of Sciences in Finance, Tenured Professor, Head of Corporate Finance Center
The HSE School of Finance is the leading Russian competence center in the field of corporate finance, business valuation, banking, stock market, risk management and insurance, accounting and audit.
HSE is the first Russian university in the global ranking "QS - World University Rankings by subject", 2022 in the subject area of Accounting and Finance. Moreover, the university is the 1-st in the rating "THE World University Rankings by subject" in the subject area of Business & Management Studies, 2022
Edited by: A. M. Karminsky, Mikhail Stolbov.
Palgrave Macmillan, 2024.
Evgeniia K., Cardoni A., Makeeva E. Y. et al.
Business Strategy and the Environment. 2026. P. 1-17.
Dobrynina Polina, Grishunin S.
In bk.: The 12th International Conference on Information Technology and Quantitative Management (ITQM 2025). Netherlands: ScienceDirect, 2025. P. 166-174.
Dobrynskaya V. V., Tomtosov A., Речмедина С.
SERIES: FINANCIAL ECONOMICS. WP BRP 60/FE/2017. НИУ ВШЭ, 2025
We present to your attention the 71st issue of the Journal of Corporate Finance Research (ISSN: 2073-0438.) Published since 2007, the Journal is included in the list of journals of the Higher Attestation Commission (VAK) of the Russian Federation (5.2.1. Economic theory (economic sciences), 5.2.4. Finance (economic sciences) and is indexed in the Russian Science Citation Index (RSCI). In the fall of 2023, the journal was accepted to the Scopus scientific database.
The issue presents the following papers:
1. Alexander Muravyev, Nikolay Telyatnikov The wedge between ownership and control, shareholder identity and corporate disclosure: Evidence from Russia
2. Di Ke, Zhenxuan Liu, Irina Ivashkovskaya, Yanfei Wu, Leonid Grigoryev, Xiaoyu Li The Threshold Effect of Board Characteristics, Corporate Social Responsibility and Brand Value
3. Alexander Abramov, Maria Chernova, Anna Shcherbak The impact of ESG rankings on credit spreads of corporate bonds in Russia
4. Tingqian Pu. Do Financing Constraints Moderate the Effect of Digital Transformation on Corporate Cash Holdings? (Evidence from China)
5. Sergey Kondratev, Elizaveta Batalova, Olga Frolova IPO underpricing in the Russian stock market
6. Abdulai Agbaje Salam, Ahmad Bukola Uthman, Asiyat Titilope Bello Economic Freedom and Bank Stability in the Rich African Economies
7. Galina Besstremyannaya, Richard Dasher Financing and Management of Innovation in India: New Paths for Green Innovation
Full texts are available on the website of the Journal