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Large Corporations in Regions: Pro et Contra

The paper analyses how large corporations impact on the economic processes taken place in certain regions; what pros and cons could be if large corporations or their subsidiaries and branches operate in regions; what effects are when a centralized model of corporate governance are widely spread; and how such model impacts on the level of localization of effects obtained by operating large federal corporations. We describe the examples of several regions of the Siberian Federal District where large corporations operate. We also consider several examples of foreign practices, and present our conclusions about the role which large corporations play being a factor of the regional economic development.

Nefedkin V. I. [email protected]

Keywords: corporation development regions Siberian Federal District localization of effects Siberian Federal District finance