Irina V. Berezinets

Associate Professor, Department of Finance and Accounting

Deputy Chair of Department, Department of Finance and Accounting

 

 

E-mail: berezinets@gsom.pu.ru

 

 

EDUCATION AND ACADEMIC DEGREES

  • Candidate of Science (Mathematics), Faculty of Applied Mathematics, Leningrad State University, 1986
  • Specialist Degree, Faculty of Applied Mathematics, Leningrad State University, 1982

 

RESEARCH INTERESTS

  • Methods of Optimization
  • Econometrics
  • Corporate Governance
  • Corporate Finance

 

INTERNATIONAL ACADEMIC EXPERIENCE

  • Internship, HEC Paris, France, 2008
  • Faculty Development Programme, Financial and Managerial Accounting, Columbia Business School, 2007

 

MEMBERSHIP IN PROFESSIONAL ASSOCIATIONS

  • International Corporate Governance Society (ICGS), 2015 -.
  • European Finance Association (EFA), 2010-2012
  • International Management Research Academy (IMRA), 2012-2014
  • Eurasia Business and Economics Society (EBES), 2010 –.
  • European Academy of Management (EURAM), 2011-2012
  • European Accounting Association (EAA), 2007 –.

 

OTHER PROFESSIONAL ACTIVITY

Journal Editorial Boards

  • Vestnik (Herald) of St. Petersburg University. Management Series, 2011 –.
  • Corporate Finance Journal, 2008 –.

 

RESEARCH GRANTS

  • Research Grant for the project “Corporate boards diversity and corporate performance in Russia” // Research project, St.Petersburg State University. 2014-2016 (together with T. Garanina, Y. Ilina, M. Smirnov)
  • Research Grant for the project “Dividend policy and corporate governance: a study of Russian open joint-stock companies” // Research project, St.Petersburg State University. 2014-2015 (together with Y. Ilina, M. Smirnov)
  • Research Grant for the project “Managers and Private Benefits of Control: Evidence from Russian Dual Class Stock Companies” // Research project, St.Petersburg State University. 2011. (together with Y. Ilina, A. Muravyev)
  • Research Grant for the project “Owners, Boards, Managers and the Private Benefits of Control: A Study of Dual Class Stock Firms in Russia” (together with Y. Ilina, A. Muravyev), 2010-2011 (Economics Education and Research Consortium (EERC))
  • Research Grant for the project “Owners, Boards, Managers and Employees: an Empirical Analysis of the link between Corporate Governance and Employment Policy of the Firm” (together with Y. Ilina, A. Muravyev), 2010 (Moscow Public Science Foundation)
  • Research Grant for the project “Conceptual fundamentals of transformation of companies organizational forms through IPO” // Research project, St.Petersburg State University. 2009-2010. (together with Y. Ilina)

 

SELECTED RESEARCH PUBLICATIONS

Articles in Refereed Journals

  • Reaction of the Russian Stock Market to Dividends Announcements: Empirical Study // Vestnik (Herald) of St. Petersburg University. Management Series. 2015. Vol 1. P. 44-90 (with L. Bulatova, Y. Ilina, M. Smirnov) 
  • The structure of corporate boards and private benefits of control: Evidence from the Russian stock exchange // International Review of Financial Analysis (IRFA). 2014. Vol. 34 P. 247-261 (with A. Muravyev, Y. Ilina)
  • Organizational Change and Firm Growth in Emerging Economies // Journal of East European Management Studies. 2014. Vol. 19 Issue 2. P. 185-213 (with G. Shirokova, A. Shatalov)
  • Dividends on Common and Preferred Shares: the Relationship with the Ownership Concentration in Russian Public Companies // Journal of Economic and Social Development. 2014. Vol. 1 Issue 2 P. 48-59 (with Y. Ilina, L. Alekseeva)
  • Corporate Conflicts and Financial Performance // Vestnik (Herald) of St. Petersburg University. Management Series. 2014. Vol. 2. P. 68-103 (with Y. Ilina., D. Fakhritdinova)
  • Board  Structure and Financial Performance of Russian Public Companies // Vestnik (Herald) of St. Petersburg University. Management series. 2013. Vol. 3 (together with Y.Ilina, A. Cherkasskaya).
  • Dividends announcements impact on the stock returns: evidence from the emerging market of India // Vestnik (Herald) of St. Petersburg University. Management Series. 2013. Vol. 4  (with L. Bulatova, Y. Ilina)
  • Corporate Governance Conflicts and Employment and Wage Policies of Companies // Russian Management Journal. 2012. Vol. 10 (2). P. 3-32 (with A. Muravyev, Y. Ilyina) (in Russian).
  • Ownership Structure and Dividend Policy: A Study of Russian Companies// Vestnik (Herald) of St. Petersburg University. Management Series. 2011. Vol. 4. P. 3-31 (with Y. Ilyina, L. Alexeeva) (in Russian).
  • Ownership Concentration and Dividend Policy: A Study of Russian Public Companies // Vestnik (Herald) of St. Petersburg University. Management Series. 2011. Issue 3. P. 3-31 (with Y. Ilyina, L. Alexeeva) (in Russian).
  • Model of Product Quality Choice and Internet-Trading Case Study// Vestnik (Herald) of St. Petersburg University. Management Series. 2010. Issue 2. P. 55-77(with M. Gladkova, N. Zenkevich) (in Russian).
  • The Impact of Organizational Shifts on Firm Growth// Theoretical and Practical Issues of Management. 2010. № 3. P. 100-109 (with G. Shirokova, A. Shatalov) (in Russian).
  • Evaluation of Intellectual Capital Contribution to Company Value Creation// EJournal of Corporate Finance. 2010. Issue 3.P. 5-22 (with  E. Sysolyatina, O. Udovichenko) (in Russian).
  • Financing Decisions of Russian Companies: An Empirical Investigation // Vestnik (Herald) of St. Petersburg University. Management Series. 2010, Issue 1. P. 3-26 (with D. Volkov, A. Razmochaev) (in Russian).
  • Transformation of Organizational Forms and Corporate Governance: Empirical Study of Russian Companies // Vestnik (Herald) of St. Petersburg University. Management Series. 2009. Issue. 4. P. 51-76 (with Y.Ilyina) (in Russian).
  • Defining the Key Factors of Company Value: Evidence from Internet Companies Evaluated by Income Method // EJournal of Corporate Finance. 2008, No. 3 (7). P. 18-33 (with S. Artyomov) (in Russian).
  • Organizational Form Change of Russian Companies and Financial Performance// Vestnik (Herald) of St. Petersburg University. Management Series. 2008. Issue 1. P. 31-52 (with Y. Ilyina) (in Russian).
  • Value-Based Management: Validity Problem of Accounting-Based Valuation Models // Vestnik (Herald) of St. Petersburg University. Management Series. 2006. Issue 4. P. 3-32 (with D. Volkov) (in Russian).

 

Books & Textbooks

  • Basics of Econometrics // St. Petersburg: Graduate School of Management, 2014 (in Russian)
  • Laboratory Manual on Probability Theory and Mathematical Statistics // St. Petersburg: Publishing Centre “Graduate School of Management”, 2013. pp. 162 (in Russian)
  • Corporate Governance: Issues of Application and Evaluation of Russian Companies. St. Petersburg, Publishing Centre “Graduate School of Management”, 2012 (editor A. Bukhvalov; with D. Volkov, O. Bandalyuk, T. Garanina, Y. Ilyina) (in Russian).
  • Introductory Econometrics // St. Petersburg: Graduate School of Management, 2007 (in Russian)
  • Problems and Exercises in Probability Theory and Mathematical Statistics. St. Petersburg, Publishing Centre “Graduate School of Management”, 2006 (in Russian).
  • Mathematical Statistics in EXCEL. St. Petersburg, IBI, 2004 (with N. Bogoslovskaya) (in Russian).

 

Research Reports

  • Corporate Governance Practices in Russia: Defining the Boundaries of a National Model: Expert-Analytical Report. Moscow, Russian Managers Association, KPMG in Russia and CIS. 2011 (with M. Elfimova, I. Zotova, Y. Ilyina, I. Korotetskiy, Yu. Ovchinnikov, R. Sharman) (in Russian).

 

Chapters in Books

  • The Fundamental Value of the Company: Theory and Application to Finding the IPO Price (Chapter 6) // St. Petersburg, Publishing Centre “Graduate School of Management”, 2012 (with Bukhvalov A.V., Volkov D.L.)
  • Organizational Forms Transformation of Russian Companies and Ownership Concentration: Empirical Evidence from Large Russian Companies (Chapter 3) // St. Petersburg, Publishing Centre “Graduate School of Management”, 2012 (with Bukhvalov A. V., Ilyina Yu.B.) (in Russian)
  • Legal form Choice and Financial Performance: Evidence from Russian Companies (Chapter 2) // St. Petersburg, Publishing Centre “Graduate School of Management”, 2012. (with Bukhvalov A.V., Ilyina Yu.B.) (in Russian)
  • Value-based Management and the Fndamental Valuation of Companies (Chapter 5) // St. Petersburg, Publishing Centre “Graduate School of Management”, 2012 (with Bukhvalov A.V., Volkov D.L.) (in Russian)
  • Analysis of the Impact of Corporate Governance Factors and Firm Performance on Russian Companies Organizational Form Change // Modernization of economy and globalization. HSE Publishing, Moscow, 2009 (with Y. Ilyina) (in Russian).
  • Models of Interrelationships between Fundamental and Market Valuation Models of Equity // Corporate Governance and Assessment of Companies. St. Petersburg: Center for Research in Management, St. Petersburg State University. 2006. P. 109-145 (with D. Volkov) (in Russian).
  • The Choice of Organizational Form for Russian Small and Medium-Sized Companies: Results of the Pilot Study // Proceedings of Academy of Innovation and Entrepreneurship 2008 / ed. by G. Wu, J. Gao, X. Gao, W. Xie. 2008. P. 314–319 (with Y. Ilyina).

Courses taught at GSOM

  • Basis of Econometrics (Bachelor Program)
  • Financial Modeling (Bachelor Program)
  • Introduction to Statistics and Probability Theory (Doctoral Program)
  • Еconometrics-I (Doctoral Program)
  • Applied Econometrics (Master Program)
  • Quantitative Methods of Decision Making (Executive MBA)