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Regular version of the site
Contacts

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

 

Head of the School of Finance – Irina Ivashkovskaya

Doctor of Sciences in Finance, Tenured Professor, Head of the Corporate Finance Center

Manager – Uliana Nepryakhina

+7 495-772-95-90 *27190

Senior Administrator – Olesya Galyanina

+7 495-772-95-90 *27447

Administrator – Tatyana Lipatova

+7 495-772-95-90 *27947

Book
Systemic Financial Risk: An Emerging Market Perspective

Edited by: A. M. Karminsky, Mikhail Stolbov.

Palgrave Macmillan, 2024.

Article
The ripple effect: How fake news shapes stock market behavior

Fedorova E., Ledyaeva S., Stepanov V.

International Review of Economics and Finance. 2026.

Book chapter
The Impact of Sanctions on the Financial Performance and Creditworthiness of Russian Non-Financial Companies

Dobrynina Polina, Grishunin S.

In bk.: The 12th International Conference on Information Technology and Quantitative Management (ITQM 2025). Netherlands: ScienceDirect, 2025. P. 166-174.

Working paper
Momentum Factor or Factor Momentum in REITs Market?

Dobrynskaya V. V., Tomtosov A., Речмедина С.

SERIES: FINANCIAL ECONOMICS. WP BRP 60/FE/2017. НИУ ВШЭ, 2025

News

The paper by Anilov A. and Ivashkovskaya I. "What Incentives do Boards Provide with Inside Debt? The Evidence from Payout Policies" has been accepted for presentation at the EURAM 2021 Online Conference

Speech by the head of the School of Finance at the conference "RUSSIAN ECONOMIC JOURNALS: NEW CHALLENGES AND DEVELOPMENT DRIVERS"

The paper by Ivashkovskaya Irina and Mikhailova Anna "DO INVESTORS PAY YIELD PREMIUMS ON GREEN BONDS?" was recently listed on SSRN's Top Ten download list

Professor of the School of Finance Karminsky Alexander was awarded the "Professor of the Year

Professor of the School of Finance Karminsky Alexander was awarded the "Professor of the Year

We congratulate Artem Anilov, postgraduate student and senior lecturer at the School of Finance, on the brilliant defense of his Ph.D. thesis!

Dissertation topic: "MANAGERIAL COMPENSATION, OVERCONFIDENCE AND PAYOUT POLICY"
Applicant - Anilov Artyom
Academic Supervisor - Ivashkovskaya Irina

20th EURAM Annual Conference

Researchers of the Corporate Finance lab have presented a study devoted to the analysis of Board Capital and its impact on company performance in Russia. The presentation was made within 20th EURAM Annual Conference which was held in Dublin (online) on 4-6 of December 2020. The study was prepared by D. Korablev, I. Ivashkovskaya and A. Stepanova. The abstract of the paper is presented below.

Also the paper WHO CONTRIBUTES TO INNOVATIONS? was been presented on this conference by Elena Karnoukhova, Anastasia Stepanova.

Summary of the first half of 2020 and the direction of development of the Corporate Finance Laboratory in 2021

The head of the School of Finance in the FES, the ordinary professor - Ivashkovskaya Irina Vasilyevna, has been chosen as the representative of Russia in the European Academy of Management!

Efficient, but Not without Help

Efficient, but Not without Help
How Russian state-owned banks differ from their foreign counterparts

HSE University Enters THE Top 100 in Economics and Appears in Law Ranking for the First Time

HSE University Enters THE Top 100 in Economics and Appears in Law Ranking for the First Time
HSE took 94th place in the THE ranking in Business & Economics, outperforming all the other Russian universities in this subject. In addition, the university entered the ranking in Law for the first time (151+ cohort), becoming the only Russian university represented there.