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#5-6 (213-214) / -Հունվար 2018
 
Masis sarkis SARKISSIAN
PECULIARITIES OF CORPORATE CONTROL MODELS OF RA AND IRI

Keywords: corporate governance, social capital, OECD principles, corporate governance models.
The article states that Armenia is a country with a bank orientation, a country with underdeveloped financial system, and the IRI, with its market orientation, is also a country with underdeveloped financial system. The Corporate Control in Armenia will be most effective if combined with Anglo-American and German model models. Following the Anglo-American model, Armenian companies will have the opportunity to engage in transparent activities and attract additional financial resources. Implementation of the German-Japanese model will allow to control large shareholders and, at the same time, ensure the protection of minority shareholders' interests by OECD principles. In the case of IRI, it is also possible to combine German-American and Anglo-American models. Following the German-Japanese model, the IRI will raise the level of its governance efficiency to oversee the activities of companies operating in the country. And the use of the Anglo-American model will allow improving its corporate securities market performance in case of continuation of economic and political reforms in this country.

PECULIARITIES OF CORPORATE CONTROL MODELS OF RA AND IRI  Վճարել 369 ՀՀ դրամ եւ ներբեռնել հոդվածը “PDF” ֆորմատով
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