Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. This book was written to help fill that gap.

Corporate Governance in Transition Economies is the fifth in a series to examine accounting and financial system reform in transition and developing economies. The first volume (Accounting and Financial System Reform in a Transition Economy) used Russia as a case study. The second volume (Accounting and Financial System Reform in Eastern Europe and Asia) examined some additional aspects of the reform in Russia and also looked at the accounting and financial system reform efforts that are being made in Ukraine, Bosnia & Herzegovina, Armenia, Eastern Europe and Central Asia. The third volume (Taxation and Public Finance in Transition and Developing Economies) examined taxation and public finance in transition and developing economies. The fourth volume (Accounting Reform in Transition and Developing Economies) examined accounting reform in transition and developing economies.

The present volume focuses attention on the current state of corporate governance in transition economies and the recent changes that have taken place in this area. It is divided into three parts. Part 1 examines selected issues in corporate governance. Part 2 consists of case studies and comparative studies. Part 3 consists of studies of more than 15 transition countries.

Autorentext

Robert W. McGee is a professor at the Florida International University, USA. He has doctorates in accounting, economics, law and philosophy. He is an attorney, certified public accountant, certified management accountant and economist and has worked on the USAID Accounting Reform projects in Russia, Armenia and Bosnia & Herzegovina and was a nonresident advisor for the USAID Accounting Reform projects in Georgia and Kazakhstan. He has published more than 40 books and more than 300 scholarly articles in the fields of accounting, taxation, economics, law and philosophy. He is co-author of Accounting and Financial System Reform in a Transition Economy: A Case Study of Russia, which is forthcoming from Springer Science. One of his other recent books is The Philosophy of Taxation and Public Finance, published by Kluwer Academic Publishers.

Zusammenfassung

"Corporate Governance in Transition Economies" will appeal to a wide segment of the academic market including accounting and finance professors and students because the main theme of the book deals with accounting and financial system reform. Economists in the subfields of transition economics and development economics for it addresses current issues in their field. It will also appeal to scholars in the field of Russian and East European Studies because the book discusses topics involving Russia, Ukraine and other East European countries. Policy analysts who deal with accounting, finance, transition economics or Russia or Eastern Europe will also find this book to be a valuable reference and source of current information.

Inhalt
Selected Issues in Corporate Governance.- Corporate Governance in Transition Economies.- Rights of Shareholders.- Equitable Treatment of Shareholders.- The Role of Stakeholders in Corporate Governance.- Disclosure and Transparency.- The Responsibility of the Board.- Insider Trading Regulation in Transition Economies.- Some Thoughts on the Market for Corporate Control.- Case Studies & Comparative Studies.- Corporate Governance and the Timeliness of Financial Reporting: An Overview.- The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Banks.- The Timeliness of Financial Reporting: The Russian Telecom Industry.- The Timeliness of Financial Reporting: The Russian Oil, Gas and Power Industries.- The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Companies in the Transportation Industry.- The Timeliness of Financial Reporting: A Comparative Study of Russian and Non-Russian Companies.- The Timeliness of Financial Reporting: A Comparative Study of Companies in Russia and the USA.- The Timeliness of Financial Reporting: A Comparative Study of Companies in Russia and the European Union.- The Timeliness of Financial Reporting: A Comparative Study of the People's Republic of China and Russia.- The Timeliness of Financial Reporting in Russia: A Trend Analysis.- The Timeliness of Financial Reporting: A Comparative Study of Selected EU and Transition Economy Countries.- The Timeliness of Financial Reporting: A Comparative Study of the People#x0027;s Republic of China and the USA.- The Timeliness of Financial Reporting: A Comparative Study of the People's Republic of China and the European Union.- What Kind of Financial Reporting Standards do Russian Companies Use?.- Employee Ownership and Corporate Governance in Russia.- Corporate Governance in Russia: A Consideration of Different Perspectives.- Corporate Governance Formation in Poland, Kyrgyzstan, Russia, and Ukraine.- Country Studies.- An Overview of Corporate Governance Practices in Armenia.- An Overview of Corporate Governance Practices in Azerbaijan.- An Overview of Corporate Governance Practices in Georgia.- An Overview of Corporate Governance Practices in Latvia.- An Overview of Corporate Governance Practices in Lithuania.- An Overview of Corporate Governance Practices in Moldova.- A Survey of Corporate Governance in Russia.- An Overview of Corporate Governance Practices in Ukraine.- An Overview of Corporate Governance Practices in the Czech Republic.- An Overview of Corporate Governance Practices in Hungary.- An Overview of Corporate Governance Practices in Poland.- An Overview of Corporate Governance Practices in Slovakia.- An Overview of Corporate Governance Practices in Bosnia & Herzegovina.- An Overview of Corporate Governance Practices in Bulgaria.- An Overview of Corporate Governance Practices in Croatia.- An Overview of Corporate Governance Practices in Macedonia.- An Overview of Corporate Governance Practices in Romania.- An Overview of Corporate Governance Practices in Slovenia.- Summary and Analysis of Country Studies.