Yulia B. Ilina

Associate Professor, Finance and Accounting Department

 

E-mail: jilina@gsom.spbu.ru

 

Work for GSOM SPbU from 1994.

 

EDUCATION AND ACADEMIC DEGREES

  • Finance for Executives Program, Kellogg School of Management, Northwestern University, USA, 2008.
  • Innovative Methods in Teaching Program, Harvard Business School, USA, 2007.
  • Candidate of Sciences in Economics, St. Petersburg State University, 1999.
  • Doctoral programme, Republican Institute of Humanities, St. Petersburg State University, 1994–1999.
  • Specialist Degree in Political Economy, St. Petersburg State University, 1994.

 

RESEARCH INTERESTS

  • Corporate governance
  • Corporate finance

 

ACADEMIC POSITIONS

  • 2001 - present - Associate Professor, Finance and Accounting Department, Graduate School of Management, St. Petersburg State University.
  • 1994-2001 - Assistant, Finance Theory Department, Faculty of Management, St. Petersburg State University.

 

ADMINISTRATIVE POSITIONS

  • 2013-2020 – Head of Research Committee, Graduate School of Management, St. Petersburg State University.
  • 2010-2013 - Deputy Director, Bachelor programme, Graduate School of Management, St. Petersburg State University.
  • 2001–2005, 2007-2010 – Deputy Head of Department, Finance and Accounting Department, Graduate School of Management, St. Petersburg State University.
  • 2002-2003 – Managing Editor, Journal “Vestnik of St. Petersburg State University, Management Series”.

 

OTHER PROFESSIONAL ACTIVITIES

  • Member of International Board, Executive MBA program, Graduate School of Management, St. Petersburg State University (2017 - present)
  • Member of Curriculum Development Committee at Graduate School of Management, St. Petersburg State University (2013-2015)
  • Member of editorial board, Journal “Vestnik of St. Petersburg State University, Management Series” (2002–2009, 2012 – present)
  • Member of EURAM (European Academy of Management) (2017 – present)
  • Member of ICGS (International Corporate Governance Society) (2015 – present)
  • Member of EBES (Eurasia Business and Economics Society) (2010 – present)
  • Member of EAA (European Accounting Association) (2009–2014)

 

RESEARCH PROJECTS AND GRANTS

  • «Leadership and cooperation in supply chains” (research grant)  // Research project, St. Petersburg State University, 2019-2020 (together with Zenkevich N., Berezinets I., Sokolova E.)
  • 6th International GSOM Emerging Markets Conference - 2019 (GSOM EMC 2019): Management in digital age. // Russian Foundation for Basic Research, 2019.
  • “Intellectual capital of board of directors as a determinant of corporate performance in Russia” (research grant) // Research project, St. Petersburg State University, 2017-2018 (together with Berezinets I., Garanina T., Smirnov M.)
  • “Corporate boards diversity and corporate performance in Russia” (research grant) // Research project, St. Petersburg State University, 2014-2016 (together with Berezinets I., Garanina T., Smirnov M.)
  • “Dividend policy and corporate governance: a study of Russian open joint-stock companies” (research grant) // Research project, St. Petersburg State University, 2014-2015 (together with Berezinets I., Smirnov M.)
  • “Managers and the Private Benefits of Control: A Study of Dual Class Stock Firms in Russia” (research grant) // Research project, St. Petersburg State University, 2011 (together with Berezinets I.)
  • “Owners, Boards, Managers and the Private Benefits of Control: A Study of Dual Class Stock Firms in Russia” (research grant) // Economics Education and Research Consortium (EERC), 2009-2011 (together with Muravyev A., Berezinets I.)
  • “Owners, Boards, Managers and Employees: an Empirical Analysis of the link between Corporate Governance and Employment Policy of the Firm” (research grant) // Moscow Public Science Foundation (MPSF), 2010 (together with Muravyev A., Berezinets I.)

 

HONORS AND AWARDS

  • Certificate of Honor of the Ministry of Education and Science of the Russian Federation, 2018.

 

INTERNSHIPS ABROAD

  • European Foundation for Management Development (EFMD), Brussels, Belgium, 2011.
  • Haas School of Business at the University of California, Berkeley, USA, 2008, 2002, 2001, 1996.
  • Center for Russian and East European Studies at the University of Pittsburgh (REES), Pittsburgh, USA, 1995, 1996–1997.

 

SELECTED PUBLICATIONS

Monographs, chapters in books, reports

International:

  • Berezinets I., Ilina Yu., Loginova A. Effects of board social capital on corporate performance: evidence from Russia // Contributions to Game Theory and Management, Vol.12, 2019. Pp. 49–69.

National:

  • Bandalyuk O., Berezinets I., Bukhvalov A., Volkov D., Garanina T., Ilina Yu. Corporate Governance: Issues of Application and Evaluation of Russian Companies: monograph. St. Petersburg: Publishing House of Graduate School of Management, 2012.
  • Berezinets I., Elfimova M., Zotova I., Ilina Yu., Korotetskiy I., Ovchinnikov Yu., Sharman R. Corporate Governance Practices in Russia: Defining the Boundaries of the National Model: expert-analytical report. Moscow: Managers Association, KPMG in Russia and the CIS, 2011.
  • Muravyev A., Berezinets I., Ilina Yu. Owners, Boards, Managers and Employees: an Empirical Analysis of the link between Corporate Governance and Employment Policy of the Firm. Moscow Public Science Foundation (MPSF): “Scientific Reports” series, 2010.
  • Berezinets I., Ilina Yu. Analysis of the Impact of Corporate Governance Factors and Firm Performance on Russian Companies Organizational Form Change. / Economic modernization and globalization: in 3 vol. In: Yasin E. (eds.) Moscow: HSE Publishing, 2009.
  • Berezinets I., Ilina Yu. Russian companies’ legal forms change and corporate governance problems. / Corporate governance: problems and practice. Ulyanovsk: UlSTU, 2007.

Articles in peer review and professional journals

International:

  • Berezinets I., Berezkin K., Ilina Yu., Naoumova I. “Board of directors as a factor of firm performance in innovative companies.” International Journal of Innovation Management, Vol.23, N6, 2019. (DOI)
  • Berezinets I., Bulatova L., Ilina Yu., Smirnov M. “Reactions of emerging stock markets to dividend announcements during economic growth: evidence from India and Russia.” Eurasian Economic Review, Vol.9, N1, pp. 71-89, 2018. (DOI)
  • Berezinets I., Ilina Yu., Alekseeva L. “Dividend policy and ownership structure: A study of Russian dual-class stock companies.” Corporate Ownership & Control, N15(1), pp. 199-212, 2017. (DOI)
  • Berezinets I., Ilina Yu., Cherkasskaya A. “Board structure, board committees and corporate performance in Russia.” Managerial Finance, Vol.43, Issue 10, pp.1073-1092, 2017. (DOI)
  • Berezinets I., Ilina Yu., Smirnov M., Bulatova L. “How Does Stock Market React to Dividend Surprises? Evidence from Emerging Markets of India and Russia.” Journal of Asia-Pacific Business, Vol.18, Issue 3, pp. 153-179, 2017. (DOI)
  • Berezinets I., Garanina T., Ilina Yu. “Intellectual capital of a board of directors and its elements: introduction to the concepts.” Journal of Intellectual Capital, Vol.17, Issue 4, pp. 632-653, 2016. (DOI)
  • Muravyev A., Berezinets I., Ilina Yu. “The Structure of Corporate Boards and Private Benefits of Control: Evidence from the Russian Stock Exchange.” International Review of Financial Analysis, Vol.34, pp. 247-261, 2014. (DOI)
  • Berezinets I., Ilina Yu., Alekseeva L. “Dividends on Common and Preferred Shares: the Relationship with the Ownership Concentration in Russian Public Companies.” Journal of Economic and Social Development, Vol.1, N2, pp. 48-59, 2014.

National:

  • Berezinets I., Garanina T., Ilina Yu. “Social Capital of Women Directors and Financial Performance of a Company: Empirical Study.” Russian Management Journal, N16(3), pp. 337-370, 2018. (DOI)
  • Berezinets I., Garanina T., Ilina Yu. “Dynamic Approach to Defining Intellectual Capital of Board of Directors and Its Structure.” Russian Management Journal, N15(3), pp. 357–382, 2017. (DOI)
  • Ambardnishvili T., Berezinets I., Ilina Yu., Smirnov M. “Board of Directors and Dividend Policy in Russian Companies with Direct State Ownership.” Journal of Corporate Finance Research, N11(1), pp. 50-77, 2017. (DOI)
  • Berezinets I., Ilina Yu., Smirnov M. “Boards of Directors in Russian State-Owned Companies.” Economics of Contemporary Russia, N2, pp. 90-106, 2016.
  • Berezinets I., Bulatova L., Ilina Yu., Smirnov M. “The Russian Market Reaction to Dividend Surprises: An Empirical Study.” Russian Management Journal, Vol.14, N2, pp. 29–48, 2016. (DOI)
  • Berezinets I., Garanina T., Ilina Yu. “Intellectual capital of a board of directors: introduction to the concepts.” International Journal of Management Theory and Practice, N4, pp. 69-76, 2016.
  • Berezinets I., Ilina Yu. “Business of directors and financial performance.” Vestnik of St. Petersburg State University, Management Series, N1, pp. 3-30, 2016.
  • Berezinets I., Bulatova L., Ilina Yu., Smirnov M. “The Russian market reaction to dividend announcements: an empirical study.” Vestnik of St. Petersburg State University, Management Series, N1, pp. 44-90, 2015.
  • Berezinets I., Ilina Yu. Corporate conflicts and financial performance. Vestnik of St. Petersburg State University, Management Series, N2, pp. 110-135, 2014.
  • Berezinets I., Bulatova L., Ilina Yu. “Dividend announcements impact on stock returns: evidence from the emerging market of India.” Vestnik of St. Petersburg State University, Management Series, N4, pp. 3-28, 2013.
  • Berezinets I., Ilina Yu., Cherkasskaya A. “Board structure and financial performance of Russian public companies.” Vestnik of St. Petersburg State University, Management Series, N2, pp. 3-52, 2013.
  • Muravyev A., Berezinets I., Ilina Yu. “Corporate Governance Conflicts and Employment and Wage Policies of Companies.” Russian Management Journal, Vol.10, N2, pp. 3-32, 2012.
  • Berezinets I., Alekseeva L., Ilina Yu. “The Impact of the Ownership Structure on the Dividend Policy of Russian Companies.” Vestnik of St. Petersburg State University, Management Series,N4, pp. 3-31, 2011.
  • Berezinets I., Alekseeva L., Ilina Yu. “Ownership Concentration and Dividend Policy:  Russian public companies study.” Vestnik of St. Petersburg State University, Management Series,N3, pp. 3-31, 2011.
  • Ilina Yu., Berezinets I. “Transformation of Organizational Forms and Corporate Governance: Empirical Study of Russian Companies.” Vestnik of St. Petersburg State University, Management Series,N4, pp. 51–75, 2009.
  • Ilina Yu., Berezinets I., Orlova A. Disclosure Index and Financial Performance. Journal of Corporate Finance Research, N2(10), pp. 28–39, 2009.

Cases

  • Komarova N., Shirokova G., Ilina Yu. “Capital” insurance group: development strategy in the North-West region. / Management of organizational development: GSOM SPbU cases collection. In: Gladkikh I. (eds.) St. Petersburg: Publishing House of Graduate School of Management, 2009.
  • ZAO Avesta: Development of an Entrepreneurial Company in the Russian Insurance Market (Case/Teaching Note) / Shirokova G., Ilina Yu. - The European Case Clearing House (ECCH). — 2009. — Case N 809-044-1, p. 15. – Teaching Note N 809-044-8, p. 8.
  • Working Out Measures for Leading the Trading Company of Bread Industry LLC Tsarsky Khleb out of Crisis: Financial Aspects (Case/Teaching Note) / Tumarova T., Ilina Yu., Bandalyuk O. - The European Case Clearing House (ECCH). — 2007. — Case N 107-056-1, p. 44. – Teaching Note N 107-056-8, p. 16.

 

CONFERENCES

International (last 5 years):

  • 5th Annual ICGS Conference: Corporate Governance in Changing Institutional Environments, Colchester, United Kingdom, October 11-13, 2019. Papers: Ilina Yu., Berezinets I., Smirnov M. “Board composition and dividend policy: a study of Russian SOEs.”; Berezinets I., Alekseeva L., Ilina Yu. “Private equity investments and shareholder activism: empirical evidence from European transactions.”
  • 6th International GSOM Emerging Markets Conference - 2019 (GSOM EMC 2019), St. Petersburg, Russia, October 3-5, 2019. Paper: Nikolchenko N., Berezinets I., Ilina Yu., Meshkova M. “The Problem of Supply Chain Profit Maximization Using Sales Rebate Contract.” 
  • International Symposium on Teaching, Education, and Learning (ISTEL 2019), Tokyo, Japan, July 4-7, 2019. Paper: Ilina Yu., Berezinets I. “How Do Conflicts between Large Shareholders Affect Corporate Value?”, “How is Board Composition Related to Dividend Policy of Russian State-owned Companies?”
  • AACSB international conference and annual meeting - 2019, Edinburgh, Great Britain, April 14-16, 2019.
  • 5th International GSOM Emerging Markets Conference - 2018 (GSOM EMC 2018), St. Petersburg, Russia, October 4-6, 2018. Paper: Ilina Yu., Berezinets I., Garanina T. “Intellectual Capital of Women on Board of Directors: Evidence from Russian Companies.”  
  • International Conference on Business and Information (BAI 2018), Seoul, Korea, July 6-8, 2018. Papers: Ilina Yu., Berezinets I. “Dual-class stock companies: how the ownership and dividend payments are related?”, “Is director business a determinant of company performance? Evidence from Russia.”
  • Second World Congress of Comparative Economics “1917–2017: Revolution and Evolution in Economic Development”, St. Petersburg, Russia, June 15-17, 2017. Paper: Berezinets I., Ilina Yu., Gardashova E. “Is busy board a determinant of financial performance of Russian public companies?”
  • 17th Annual European Academy of Management (EURAM) conference, Glasgow, Great Britain, June 21-24, 2017. Paper: Berezinets I., Ilina Yu. “Corporate conflicts and financial performance: a study of Russian public companies.”
  • 2nd annual ICGS conference, Waltham, USA, October 1-3, 2016. Paper: Berezinets I., Ilina Yu., Bulatova L., Smirnov M. “Stock market reaction to dividend surprises: evidence from Russia and India.”
  • X International Forum FROM SCIENCE TO BUSINESS “Academia–industry–government: The results of a decade cooperation”, St. Petersburg, Russia, May 11-13, 2016. Ilina Yu. – speaker, Round table “Change management in university research activity”.
  • XVII April International Academic Conference on Economic and Social Development, St. Petersburg, Russia, April 19-22, 2016. Paper: Smirnov M., Berezinets I., Bulatova L., Ilina Yu. “Stock Market Reaction to Dividend Surprises: Evidence from Russian Market.”
  • International GSOM Emerging Markets Conference - 2015 (GSOM EMC 2015), St. Petersburg, Russia, October 15-17, 2015. Paper: Ilina Yu., Berezinets I., Bulatova L., Smirnov M. “Impact of Dividend Surprises on Stock Returns: Evidence from the Emerging Markets of Russia and India”.

Courses

  • International Financial Management (Bachelor programme)
  • Corporate Finance (Master programme)
  • Financial Management (MBA)
  • Corporate Finance (Executive MBA)
  • Corporate Governance and Value-Based Management (Executive MBA)