Ilya Okhmatovskiy

Ilya Okhmatovskiy

Assistant Professor


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Ilya Okhmatovskiy is Gulbenkian Assistant Professor of Strategy. Previously he taught at McGill University and at the University of Southern California, where he obtained a Ph.D. degree in Business Administration. His research interests focus on strategic management, corporate governance, and entrepreneurship in the context of emerging economies.

Ilya studied how affiliation with the state affects firms’ performance, how firms are redefining standards of good corporate governance, and how state ownership may generate trust in turbulent institutional environments. His research was supported by several grants and published in Organization Science, Organization Studies, Journal of Management Studies, Journal of World Business, and other journals.

Ilya is a member of the editorial board at Corporate Governance: An International Review and Management and Organization Review. He is currently teaching Advanced Strategy and Applied Entrepreneurship courses in the Masters in Management program.


PhD, University of Southern California, USA

MS, Academy of National Economy, Russia

BA, Moscow State University, Russia

Research Interests

Corporate governance and institutional environment of business in emerging economies
Relationships between firms and the state
Influence of state ownership and regulation on corporate governance practices
Business models of new ventures and established firms


Recent Publications

Okhmatovskiy, I. 2017. “Self-regulation of corporate governance in Russian firms: Translating the national standard into internal policies.” Journal of Management and Governance, 21 (2): 499-532.

Shin, D., Seidle, R., Okhmatovskiy, I. 2016. “Making the foreign familiar: The influence of top management team and board of directors characteristics on the adoption of foreign practices”Journal of World Business, 51 (6): 937–949.

Grosman, A., Okhmatovskiy, I., Wright, M. 2016 “State control and corporate governance in transition economies” Corporate Governance: An International Review, 24 (3): 200–221.

Spicer, A., Okhmatovskiy, I. 2015 “Multiple paths to institutional-based trust production and repair: Lessons from the Russian bank deposit market” Organization Studies, 36 (9): 1143-1170.

Okhmatovskiy, I., David, R. 2012 “Setting your own standards: Internal corporate governance codes as a response to institutional pressure” Organization Science, 23 (1): 155-176.

Okhmatovskiy, I. 2010 “Performance implications of ties to the government and SOEs: A political embeddedness perspective” Journal of Management Studies, 47 (6): 1020-1047.