Russia passed the first package of anti-corruption laws in in response to its ratification of the UN's Convention against Corruption and the Council of Europe 's " Criminal Law Convention on Corruption ". The Russian anti-corruption campaign is an ongoing effort by the Russian government to curb corruption, which has been recognized as one of Russia's most serious problems. Central documents in the campaign include the National Anti-Corruption Plan , introduced by Medvedev in , and the National Anti-Corruption Strategy , introduced in The central organ in the campaign is the Anti-Corruption Council, established in Medvedev has made fighting corruption one of the top agendas of his presidency.
In the first meeting of the Council on 30 September , Medvedev said: "I will repeat one simple, but very painful thing.
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Corruption in our country has become rampant. It has become commonplace and characterises the life of the Russian society.
The legislation has also, for the first time, defined conflict of interest in connection to public officials and extended anti-corruption legislation to the military. By upgrading the Anti-Corruption Law with Article Foreign Corrupt Practices Act. This articles Companies should therefore actively ensure that they stay compliant with the new amendment to the Anti-Corruption Law.
Corruption has an obvious connection with money laundering as the stolen assets of a corrupt public official are useless unless they are placed, layered and integrated into the global financial network in a manner that does not raise suspicion. The proceeds of corruption may be laundered in jurisdictions which have not enacted strict anti-money laundering measures and in countries which uphold very strict bank-secretary laws or regulations. This is the reason why the "de-offshorization" policy endorsed by President Putin in and after the Cyprus Affaire is often considered to be a new anti-corruption measure.
The government's recent initiatives for gradually strengthening control over financial operations of organisations and citizens have been the subject of The Russian Federal Financial Monitoring Service "Rosfinmonitoring". A law has been drafted, which introduced amendments to a number of legal acts and aimed at increasing the transparency of currency transactions and at strengthening anti-money laundering measures in Russia.
This respective law, with corresponding amendments, was passed on 30 June The law introduces changes to a variety of legislative acts and ensures the overall enhancement of control over businesses and citizens with respect to financial operations. The most important amendments for businesses are those that modify the regulation of banking activity. The amendments considerably affect credit organizations which would most likely be required to amend their internal anti money laundering policies and procedures for identification of customers.
On one hand, they allow the bankers to demand disclosure of the transaction purpose from the client. On the other hand, this might raise substantial risks in terms of optimizing business, including potential delay in completing payments. Russian President Vladimir Putin approved a new national anti-corruption plan for the period from to The president ordered executive and legislative authorities by July 1, to make relevant amendments to their anti-corruption plans and to ensure control over their execution.
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A relevant order was included in the National Plan to Counter Corruption for — The governor of the Komi republic was arrested for stealing money from state funds. Anti-Corruption Foundation is a nonprofit organization based in Moscow established in by activist and politician Alexey Navalny. Its main goal is to investigate and to expose corruption cases among high-ranking Russian government officials, which they have been successfully doing for the last few years. This nongovernmental organization throughout its existence has carried out several investigations and has presented different reports with regard to the involvement of high-level officials in corruption.
However, these materials have been neglected by the criminal justice system and have only been taken into account in order to discredit this organization.
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He showed people there was a problem with the corrupt apparatus loyal to Putin. The opposition politician has found support among Russia's younger generation, owing largely to his social media presence, in which he mocks the political elite. Transparency International Russia's report from shows a variety of activities that give citizens a chance to monitor corruption. It collaborated with the Youth Human Rights movement on a large-scale campaign in 20 cities to check police officers' identification tags. This is a proactive exercise to stop petty corruption.
If an officer can be identified, he or she is less likely to ask for a bribe. It provided analysis and recommendations on making this process more transparent and accountable. It undertakes professional analysis and papers on corruption-related issues trying to explain the reasons of the spread of corruption, its political and social implications and trying to analyse the possible scenarios for the future. On 9 December Novosti agency reported that the head of the National Anti-Corruption Committee Kirill Kabanov admitted on air that a third of Russian officials were corrupt.
Yet, even such a low level of per capita extraction would have allowed key district officials to amass significant amounts, at a very minimum tripling their salaries.
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From Wikipedia, the free encyclopedia. Further information: Russian anti-corruption campaign and Combating Corruption. Russia portal. Transparency International. A corollary of this trend towards increasing integration of the customer has been new organizational choices aimed at generating higher margins, either by increasing revenues or by reducing costs. In other words, thinking about the ways in which the customer can and should be mobilized has mirrored fundamental changes in business models BMs.
In particular, it seems that no study has thus far tackled the issue of customer participation in the BM.
Customer participation has been the focus of much research in the field of services marketing and management. This paper aims to provide a theoretical framework for the way in which firms can and should integrate their customers into their BM. In a CIBM, the customer is considered as a resource.
This has significant consequences, both on the two other components Value Proposition and Organization and on the interrelations between the three parts of the model. We exemplify this theoretical framework with two case studies based on secondary data. We conclude by addressing the potential limitations of CIBM. The present study provides a conceptualization of the business model construct from which a multi-dimensional evaluation tool is developed that provides the basis for drawing up a taxonomy and analysing its comparative efficacy.
The empirical data was obtained from a sampling of Spanish business organisations. The results also indicate that the adoption of a certain business model is not enough to attain superior performance, highlighting the need to consider other contingent factors.tingsemicte.ml
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This implies that firms will be able to capture value through knowledge produced outside the organization. This, however, presents a number of difficulties notably where the knowledge produced is the result of collective creativity carried out by communities of peers. Here, tension can arise when some of the business actors involved take, or attempt to obtain, financial benefit from part of the value created by the online communities.
The purpose of this article is to address the following research question: what are the main strategic difficulties encountered by firms whose business models rely on public web communities to create value? Our study used a collaborative research approach, and our empirical data is based on the longitudinal strategic analysis of a web start-up, CrowdSpirit, a collaborative web-based platform which enables communities to imagine and design innovative products.
Our research highlights three main points that need to be addressed in further research on open business models.
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Second, we suggest that crowdsourcing platforms act as intermediaries in multi-sided markets and, as such, are at the core of a knowledge-sharing and IP transfer process between multiple actors. Finally, we suggest that the business model design and development can be considered as an ongoing learning process. This article investigates the relationship between ownership structure and corporate diversification strategy.
The study is original in that it is conducted on a population of large French companies, makes a clear distinction between insider and outsider ownership, and compares related diversification strategies to conglomerate strategies. The research shows that the effect of monitoring by outside blockholders is clear, leading to related diversification at the expense of unrelated diversification strategies. However, an increase in managerial ownership, far from leading to alignment, leads to managerial behaviour that goes against the interests of shareholders and more precisely to unrelated diversification strategies.
Nous concluons en proposant de possibles pistes pour de futurs travaux.
The introduction of the iPhone onto the market is a perfect illustration of the way in which companies can generate legal resources in order to support their innovation strategies. Despite the frequent incidence of corporate turnaround and over two decades of research effort, our understanding of the phenomenon is very incomplete. A review of forty-seven studies of turnaround reveals two main reasons for this state of affairs. Firstly, problems with research design: the phenomenon has been poorly defined resulting in unrepresentative cases being selected for analysis; many important research questions have either been ignored or asked too infrequently resulting in explanations that are simplistic; and, the validity of the findings of qualitative studies is limited due, on the whole, to poor methodological execution.
Secondly, investigations have largely been ad hoc in that they have either proceeded without a priori theoretical guidance or have failed to relate findings to extant theory ex post. Recommendations for future research based on stronger research designs and stronger theory are advanced in the hope that rapid advancement will ensue. Organizational downsizing has been a major organizational strategy emphasized by managers to improve performance since the late s.
Despite the popularity of downsizing in organizations, the implementation of downsizing has resulted in various negative effects on employee morale. This paper examines the relationship between downsizing and trust. The paper first provides a review of the philosophy and strategies for downsizing. It then examines the impact of various downsizing strategies on employee trust and organizational trust.
Lastly, the paper offers a discussion about the implications of these strategies for individuals, organizations, and society. The business model BM concept has become a major area of interest in Management literature, leading to the publication of a host of literature reviews and essays aimed at synthesizing and interpreting the development of BM research.
Accordingly, this article seeks to explore the intellectual roots and current trends of these disciplines to refine our understanding of the development of the BM literature. This analysis enables us to compare the theoretical pillars co-citation analysis and research fronts bibliographic coupling analysis of BM research in these two foundational disciplines. Our results suggest a certain homogeneity within both the theoretical pillars of the disciplines and the incremental diversification of their research fronts. In light of these findings, we consider the future of the BM literature and accordingly propose a twofold developmental strategy for it.
Previous research led to a fragmented view of IC, as the relationship between IC and corporate financial performance has been mostly studied mobilizing human, structural or relational capital components in isolation. Furthermore, most studies conclude that even though the relationship is positive, it remains at best unclear.
Another unsolved issue lies in value capture—namely, who, among various stakeholders, benefits most from the value created by IC. Using a statistical meta-analysis of 75 empirical studies from to , this research shows that human capital HC , structural capital SC and relational capital RC do not influence corporate financial performance to the same extent.
This can be explained by the characteristics of IC components in term of ownership, tradability and timespan, and the beneficiary of the value created, being the company, the investor or the customer. This work, then, contributes to an extended view of resource-based theory, mostly by highlighting that some IC components are interrelated in their association with financial performance. Lastly, this research opens new avenues for research in four directions: 1 identification and classification of IC components; 2 understanding of the combination and orchestration of intangible assets; 3 improvement of indicators and measurement systems of IC; and 4 enhancement of the understanding of value creation through narrative means, namely extra-financial disclosure and corporate communication.
Downsizing is: a motivated by incentive compensation of executives, and b negatively related to corporate social responsibility CSR perceptions. Yet, the link between executive compensation and CSR perceptions in downsizing contexts has not been examined. We examine this issue in four countries, i.
France, India, Turkey and Vietnam. We use a 2x2x2x2 performance-linked bonuses, internal vs. We find support for convergence across four countries, with some divergence because of power distance orientation.