Marina Aleksandrovna Zavertiaeva
- Research Fellow:HSE Campus in Perm / International Laboratory of Intangible-driven Economy
- Associate Professor:HSE Campus in Perm / Faculty of Economics, Management, and Business Informatics / School of Economics and Finance
- Programme Academic Supervisor:Finance
- Marina Aleksandrovna Zavertiaeva has been at HSE since 2008.
Education and Degrees
- 2014
Candidate of Sciences* (PhD)
- 2013
Candidate of Sciences* (PhD) in Finance, Monetary Circulation and Credit
Higher School of Economics
Thesis Title: Intellectual capital as a determinant of companies" investment attractiveness - 2010
Degree
Higher School of Economics
According to the International Standard Classification of Education (ISCED) 2011, Candidate of Sciences belongs to ISCED level 8 - "doctoral or equivalent", together with PhD, DPhil, D.Lit, D.Sc, LL.D, Doctorate or similar. Candidate of Sciences allows its holders to reach the level of the Associate Professor.
Young Faculty Support Program (Group of Young Academic Professionals)
Category "New Lecturers" (2011-2012)
Category "Future Lecturers" (2010)
Student Term / Thesis Papers
- Bachelor
T. Ershova «CEO\'s Power and Russian Companies\' Performance». Faculty of Economics, Management, and Business Informatics, 2018
N. Shavaleeva «The Influence of Social Capital of Board of Directors on a Company\'s Financial Performance». Faculty of Economics, Management, and Business Informatics, 2018
O. Lebedeva «The Influence of New Appointments to the Board of Directors on Financial Performance of Russian Companies». Faculty of Economics, Management, and Business Informatics, 2018
E. Terenteva «The Influence of CEO's Compensations on Relations between Personal Characteristics and Profitability». Faculty of Economics, Management, and Business Informatics, 2017
N. Tkachuk «CEO Dismissal: the Impact on Company Financial Results». Faculty of Economics, Management, and Business Informatics, 2017
A. Ushakov «The Influence of Capital Structure Bias from the Target Level on Company's Value». Faculty of Economics, Management, and Business Informatics, 2017
I. Spiridonova «The Influence of CEO's Characteristics on Innovation Policy in Family Firms». Faculty of Economics, Management, and Business Informatics, 2017
A. Godovalova «The Influence of CEO's Personal Traits on Corporate Risk-taking». Faculty of Economics, Management, and Business Informatics, 2017
V. Surovtsev «The Impact of Financial Constraints on Company's Capital Structure Bias from the Target Level». Faculty of Economics, Management, and Business Informatics, 2017
A. Smirnova «Relationship between CEO Compensation and Firm Performance in European Companies». Faculty of Economics, Management, and Business Informatics, 2016
I. Chuvashova «The Impact of Managerial Ownership of Shares and Options on the European Company’s Value». Faculty of Economics, Management, and Business Informatics, 2016
E. Merts «The Impact of CEO’s Personal Qualities on a Company’s Capital Structure». Faculty of Economics, Management, and Business Informatics, 2016
D. Dmitriukova «Factors Influencing the Capital Structure Deviation from the Optimum». Faculty of Economics, Management, and Business Informatics, 2016
A. Akatyeva «CEO Overconfidence Impact on Financing of R&D: Empirical Evidence of European Firms». Faculty of Economics, Management, and Business Informatics, 2016
A. Gribanova «Key Drivers of the Company's Value». Faculty of Economics, 2014
A. Sharshakova «The Impact of CFOs' Overconfidence on the Capital Structure in Russian Companies During the Crisis». Faculty of Economics, 2014
- Master
N. Obvintseva «Mutual Funds Performance Evaluation». Faculty of Economics, Management, and Business Informatics, 2018
K. Deryushev «The Influence of Education within Boards of Directors` Networks on Company`s Value». Faculty of Economics, Management, and Business Informatics, 2018
S. Varlamov «The Influence of CEO`s Overconfidence on European Firms` Value». Faculty of Economics, Management, and Business Informatics, 2017
Y. Nechaeva «Market Timing as a Factor of Capital Structure of Russian Companies». St.Petersburg School of Economics and Management, 2017
T. Norina «The Influence of Relation-oriented Investments on Company`s Capital Structure». Faculty of Economics, Management, and Business Informatics, 2016
S. Vedernikov «Influence of Board of Directors` Networks on Shareholders` Tunneling Behavior». Faculty of Economics, Management, and Business Informatics, 2016
A. Sharshakova «The Influence of CEOs` Overconfidence on the Financial Performance of European Companies on Different Stages of Business Life Circle». Faculty of Economics, Management, and Business Informatics, 2016
I. Kolesnik «Internet-Presence of Business as a Company`s Value Determinant». Faculty of Economics, Management, and Business Informatics, 2016
I. Pervushina «Real Estate Prices Determinants in Russia». Faculty of Economics, Management, and Business Informatics, 2016
Ya. Kolesnik «Presence on the Internet as a Determinant of Companies’ Value». Faculty of Economics, 2014
Courses (2018/2019)
- Investment Valuation (Bachelor’s programme; Faculty of Economics, Management, and Business Informatics; programme "Economics"; 4 year, 3 module)Eng
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; programme "Finance"; 1 year, 1-4 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; programme "Finance"; 2 year, 1-3 module)Rus
- Past Courses
Courses (2017/2018)
- Investment Valuation (Bachelor’s programme; Faculty of Economics, Management, and Business Informatics; programme "Economics"; 4 year, 3 module)Eng
- Investment Valuation (Bachelor’s programme; Faculty of Economics, Management, and Business Informatics; programme "Economics"; 3 year, 3, 4 module)Rus
- Management of Intellectual Capital (Master’s programme; Faculty of Economics, Management, and Business Informatics; programme "Finance"; 1 year, 3, 4 module)Rus
- Research Seminar "Mathematical Modeling in Economics" (Bachelor’s programme; Faculty of Economics, Management, and Business Informatics; programme "Economics"; 2 year, 2, 3 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; programme "Finance"; 1 year, 1-4 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; programme "Finance"; 2 year, 1-3 module)Rus
Courses (2016/2017)
- Long-Term Financial Policy (Bachelor’s programme; Faculty of Economics, Management, and Business Informatics; 4 year, 2, 3 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; 1 year, 1, 2, 4 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; 2 year, 1-4 module)Rus
Courses (2015/2016)
- Research Seminar in Corporate Finance (Bachelor’s programme; Faculty of Economics, Management, and Business Informatics; 2 year, 2, 3 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; 2 year, 1-4 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics, Management, and Business Informatics; 1 year, 1-4 module)Rus
Courses (2014/2015)
Interdisciplinary Term Paper (Bachelor’s programme; Faculty of Economics; 3 year, 4 module)Rus
- Research Seminar 'Corporate Finance' (Bachelor’s programme; Faculty of Economics; 2 year, 3, 4 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics; 1 year, 1, 2, 4 module)Rus
- Research Seminar "Modern Issues of Applied Corporate Finances" (Master’s programme; Faculty of Economics; 2 year, 1-4 module)Rus
Science and Research Internship (Master’s programme; Faculty of Economics; 2 year, 3 module)Rus
Courses (2013/2014)
Business Planning (Bachelor’s programme; Faculty of Management; "Управление человеческими ресурсами", "Маркетинг", "Предпринимательство и инновации", "Логистика и управление цепями поставок"; 4 year, 3 module)Rus
- Financial Performance Long-Term Planning (Bachelor’s programme; Faculty of Economics; 4 year, 3 module)Rus
- Investment Analysis (Bachelor’s programme; Faculty of Economics; 4 year, 3 module)Rus
- Research Seminar "Innovation and Intellectual Capital in New Economy" (Bachelor’s programme; Faculty of Economics; 2 year, 2, 3 module)Rus
Courses (2012/2013)
- Financial Performance Long-Term Planning (Bachelor’s programme; Faculty of Economics; spec. "Financial Management"; 4 year, 3 module)Rus
- Investment Analysis (Bachelor’s programme; Faculty of Economics; spec. "Financial Management"; 4 year, 1, 2 module)Rus
Courses (2011/2012)
- Financial Performance Long-Term Planning (Bachelor’s programme; Faculty of Economics; spec. "Financial Management"; 4 year, 3 module)Rus
- Fundamentals of Economic Theory (Bachelor’s programme; Faculty of Economics; 1 year, 1-4 module)Rus
- Insurance (Bachelor’s programme; Faculty of Economics; spec. "Financial Management"; 3 year, 4 module)Rus
Conferences
- 2016Networks in the Global world 2016 Conference “Multiple Structures and Dynamics: Applications of Network Analysis to European Societies and Beyond” (Санкт-Петербург). Presentation: Networks of Boards of directors in Russian companies
- 2015International Conference on Applied Research in Economics 2015 ( iCare 3) (Пермь). Presentation: The influence of managerial self-confidence on the results of the investments in innovative activity
Dissertation for a degree of Candidate of Science
M. A. Zavertiaeva Интеллектуальный капитал как фактор инвестиционной привлекательности компаний
Publications33
- Article Zavertiaeva M. A., Lopez Iturriaga F. J., Kuminova E. V. Better innovators or more innovators? Managerial overconfidence and corporate R&D // Managerial and Decision Economics. 2018. Vol. 39. No. 4. P. 447-461. doi
- Article Zavertiaeva M. A., Parshakov P. Determinants of Performance in eSports: A Country-Level Analysis // International Journal of Sport Finance. 2018. Vol. 13. No. 1. P. 34-51.
- Article Parshakov P., Zavertiaeva M. A., Coates D. C. Is diversity good or bad? Evidence from eSports teams analysis // Applied Economics. 2018. Vol. 50. No. 47. P. 5064-5075. doi
- Article Zavertiaeva M. A., Parshakov P., Naidenova I. N. No confidence–no glory? Coach behavioral bias and team performance // International Journal of Sports Science and Coaching. 2018. P. 1-11. doi
- Article Parshakov P., Zavertiaeva M. A. Companies intangibles: Unique versus generic // International Review of Economics and Finance. 2017. Vol. 49. P. 266-275. doi
- Article Nechaeva I., Zavertiaeva M. A. Impact of Market Timing on the Capital Structure of Russian Companies // Journal of Economics and Business. 2017. No. 92. P. 10-28. doi
- Article Smirnova A. S., Zavertiaeva M. A. Which came first, CEO compensation or firm performance? The causality dilemma in European companies // Research in International Business and Finance. 2017. No. 42. P. 658-673. doi
- Article Zavertiaeva M. A. Portfolio forming decisions: the role of intellectual capital // Journal of Intellectual Capital. 2016. Vol. 17. No. 3. P. 439-456. doi
- Book Зиньковский К. В., Савелёнок Е. А., Рубан О. Л., Артемов И. И., Кузнецова М. В., Печерская Е. А., Ветров В. А., Денискин Ю. И., Захарова С. А., Медведский А. Л., Шишков А. Н., Рудницкий Э. А., Лях В. И., Овчинникова Н. Э., Денисов А. Р., Андреева Л. Г., Бурукина О. С., Воробьева И. А., Маркова В. А., Новикова В. П., Степанова М. М., Долотова Д. Д., Ковелькова М. Н., Завертяева М. А., Паршаков П. А., Пащенко Т. В., Щелыкалина С. П., Загороднова Е. П., Замрий О. Н., Казанцев Н. С., Шакина Е. А., Бляхман А. А., Дегтева О. А., Комягин А. В., Сучкова Е. О., Шубнякова Н. Г., Соколова Е. А., Циринг Д. А., Петриченко Ю. В., Мамонова Ю. В., Курносова С. А. Кейсы российских университетов. Выпуск 1. 2014-2016 / Сост.: К. В. Зиньковский, Е. А. Савелёнок. Екатеринбург : Издательство Уральского университета, 2016.
- Preprint Naidenova I. N., Parshakov P., Zavertiaeva M. A., Tome E. Look For People, Not For Alpha: Mutual Funds Success And Managerial Intellectual Capital / NRU Higher School of Economics. Series FE "Financial Economics". 2015. No. WP BRP 42/FE/2015 .
- Article Naidenova I. N., Parshakov P., Zavertiaeva M. A., Tomé E. Look for people, not for alpha: mutual funds success and managers intellectual capital // Measuring Business Excellence. 2015. Vol. 4. No. 19. P. 57-71.
- Preprint Zavertiaeva M. A. Portfolio Forming Decisions: the Role of Intangibles / NRU Higher School of Economics. Series FE "Financial Economics". 2015. No. 44.
- Article Oskolkova Marina Aleksandrovna, Tomé E., Naidenova I. N. Personal welfare and intellectual capital: the case of football coaches // Journal of Intellectual Capital. 2014. Vol. 15. No. 1. P. 189-202. doi
- Preprint Zavertiaeva M. A., Parshakov P. Company intangibles: creation vs absorption / NRU Higher School of Economics. Series FE "Financial Economics". 2013. No. 25.
- Chapter Naidenova I. N., Zavertiaeva M. A., Tomé E. Millionaires and Intellectual Capital: An Empirical Study, in: Proceedings of the 5th European Conference on Intellectual Capital. Reading : Academic Conferences and Publishing International Limited, 2013. P. 436-444.
- Article Завертяева М. А., Новикова О. В. Влияние личных качеств менеджера на структуру капитала компании: обзор эмпирических исследований // Управление корпоративными финансами. 2013. № 3 (57). С. 182-191.
- Article Завертяева М. А., Лучкина А. В. Детерминанты формирования структуры капитала российскими компаниями // Финансы и кредит. 2013. № 40 (568). С. 76-84.
- Chapter Zavertiaeva M. A., Naidenova I. N. Impact of Intellectual Resources on the Value Growth of Companies, in: Proceedings of the 4th European Conference on Intellectual Capital / Ed. by J. Surakka. Reeding : Academic Publishing International Limited, 2012. P. 355-362.
- Chapter Naidenova I. N., Zavertiaeva M. A. Interaction Effects of Intellectual Capital in Company’s Value Creation Process, in: Proceedings of the 4th European Conference on Intellectual Capital / Ed. by J. Surakka. Reeding : Academic Publishing International Limited, 2012. P. 314-322.
- Article Найденова Ю. Н., Завертяева М. А. Взаимодействие компонентов интеллектуального капитала в процессе создания стоимости фирмы // Корпоративные финансы. 2012. Т. 4. № 24. С. 100-112.
- Article Завертяева М. А., Паршаков П. А. Возможности прогнозирования динамики фондового индекса S&P 500 с помощью нейросетевых и регрессионных моделей // Программные продукты и системы. 2012. № 4 (100). С. 90-96.
- Chapter Теплых Г. В., Завертяева М. А., Найденова Ю. Н. Измерение интеллектуального капитала российских компаний // В кн.: Устойчивое развитие российских регионов: экономики политических процессов и новая модель пространственного развития. Доклады Девятой Международной научно-практической конференции по проблемам экономического развития в современном мире (Екатеринбург, 20-21 апреля 2012 г.) / Отв. ред.: И. Малечко. Екатеринбург : Уральский федеральный университет им. первого Президента России Б.Н. Ельцина, 2012. С. 258-262.
- Article Завертяева М. А., Теплых Г. В. Измерение результатов использования интеллектуального капитала: обзор эмпирических исследований // Финансовая аналитика: проблемы и решения. 2012. № 24. С. 41-50.
- Article Завертяева М. А. Интеллектуальный капитал в оценке инвестиционной привлекательности компаний // Управление корпоративными финансами. 2012. № 6(54). С. 344-355.
- Article Завертяева М. А., Паршаков П. А., Яковлева А. М. Поведенческие аспекты формирования структуры капитала компании // Финансы и кредит. 2012. № 12. С. 47-57.
- Chapter Naidenova I. N., Zavertiaeva M. A. Company value creation: does the structure of intellectual capital matter?, in: EBES 2011 Conference - Zagreb. Zagreb : University of Zagreb, 2011. P. 1135-1145.
- Chapter Zavertiaeva M. A., Naidenova I. N. Intellectual capital: the key value driver in knowledge economy, in: EBES 2011 Conference - Zagreb. Zagreb : University of Zagreb, 2011. P. 1311-1325.
- Chapter Завертяева М. А., Яковлева А. М. Анализ современных подходов к оптимизации структуры капитала // В кн.: Устойчивое развитие российских регионов: человек и модернизация. Доклады Восьмой Международной научно-практической конференции по проблемам экономического развития в современном мире (Екатеринбург, 22-23 апреля 2011 г.) / Сост.: К. П. Юрченко; отв. ред.: К. П. Юрченко. Екатеринбург : Уральский федеральный университет им. первого Президента России Б.Н. Ельцина, 2011. С. 147-149.
- Chapter Завертяева М. А., Найденова Ю. Н. Интеллектуальные ресурсы: ключевые детерминанты стоимости компании в новой экономике // В кн.: Государственное управление в XXI веке: традиции и инновации. М. : Издательство МГУ, 2011. С. 537-547.
- Article Найденова Ю. Н., Завертяева М. А. Трансформация интеллектуального капитала в ценность компании в экономике знаний // Корпоративные финансы. 2011. № 2. С. 92-98.
- Article Найденова Ю. Н., Завертяева М. А. Эмпирический анализ трансформации интеллектуальных ресурсов в стоимость компании // Финансы и кредит. 2011. № 47. С. 58-68.
- Article Исакин М. А., Завертяева М. А., Шакина Е. А. Интегральный показатель экономической добавленной стоимости: проблема учета стоимости интеллектуального капитала компании // Корпоративные финансы. 2010. № 4(16). С. 84-99.
- Chapter Завертяева М. А., Паршаков П. А., Ясницкий Л. Н. Методы искусственного интеллекта и традиционные технологии в прогнозировании динамики фондового индекса S&P500 // В кн.: Искусственный интеллект: Философия, методология, инновации. Материалы III Всероссийской конференции студентов, аспирантов и молодых ученых, г. Москва, МИРЭА, 11-13 ноября 2009 года / Под общ. ред.: Е. Никитина, Д. Дубровский. М. : Связь-принт, 2009. С. 299-302.
Research projects
- July-September, 2009 – Examination of economic and regulatory rationale tariffs for water and wastewater services to customers of Dobryanka in 2010.
- October-December, 2009 – Draft report of the results and main activities of the Federal Migration Service of the Perm region for the next fiscal year and planning period.
- November, 2009 – Comparative analysis of the quality of higher education in a global knowledge economy.
- November, 2011 - Grant of HSE Fund for Educational Innovation "Creation a library of tests based on the LMS"
- January, 2013 - December 2013 - Research grant of HSE Academic Fund "The changing role of companies' intangibles over the crisis".
Cources
- Economic theory (1st year of bachelors) 2010-2011, 2011-2012 years;
- Long-term planning of company financial performance (4 year of bachelors) 2010-2011, 2011-2012, 2012-2013 years;
- Insurance (3 year of bachelors) 2010-2011, 2011-2012 years.
- Investment analyses (4 year of bachelors) 2012-2013 years.
Stimulations
2014-2015 -bonus for academic activity
2013-2014 -bonus for academic activity
2012-2013 -bonus for academic activity
2013 - best teacher (seminars) of HSE Perm Campus (2013) (http://perm.hse.ru/quality_audit/news/87411080.html)
Conferences
- 5th European Conference on Intellectual Capital, Bilbao, Spain, University of the Basque Country, 11-12 April 2013
- 4th European Conference on Intellectual Capital, Helsinki, Finland, Arcada University of Applied Sciences, 23-24 April 2012
- Ninth International scientific-practical conference on economic development in the modern world, Ekaterinburg, Ural Federal University, 20-21 April 2012
- Scientific and practical conference with international participation "Current issues and modern technology of financial management in the development of innovative economy", Perm, PNIPU, 5-6 April 2012
- Eurasia Business and Economic Society in 2011, Zagreb, Croatia, University of Zagreb, 13-15 October 2011
- The 9th International Conference of the Faculty of Public Administration of Moscow State University "Public Administration in the XXI Century: Tradition and Innovation", Moscow, Moscow, 25-27 May 2011
- 8th International Scientific Conference on Economic Development "Sustainable development of the Russian regions: a man and modernization", Ekaterinburg, Ural Federal University, 22-23 April 2011
- III Russian Conference of Students and Young Scientists "Artificial Intelligence: philosophy, methodology, and innovation", Moscow, MIREA, 11-13 November 2009
Trainings
- Summer School "Structural estimation in corporate finance", Center for Monetary and Financial Studies, Madrid, Spain (September 2014)
- Empirical Corporate Finance, NES (September 2013)
- Summer School "Behavioral finance", Center for Monetary and Financial Studies, Madrid, Spain (September 2013)
- 2-nd Summer School on Intellectual Capital “The Changing Role of Intangibles over the Crisis”, NRU HSE Perm (July 2013)
- "Reflective Practicioner", Filbright Program (май 2013 г. - июнь 2013 г.)
- Structural Equation Modelling, НИУ ВШЭ (апрель 2013 г.)
- English language courses for the certificate IELTS, HSE (December 2012-June 2013)
- Academic presentation skills, Academic Writing Center, HSE (October 2012)
- Contract theory, NES (September 2012)
- Summer School "Intellectual capital: in search of the source of companies growth" HSE-Perm (July 2012)
- Summer school on microeconometrics "Quantitative Methods of Public Policy Evaluation", GSE of Barcelona (June 2012)
- Empirical industrial markets: assessment of production capacity and the cost function, NES (June 2012)
- Academic Writing and related competencies, Academic Writing Center, HSE (March 2012)
- Master class Academic Writing, Huizingh Academic Development (December 2011)
- IV National Winter School on institutional economics, Institute of Economics of the Urals Academy of Sciences (December 2011)
- Empirical applications of the theory of industrial markets, NES (November 2011)
- Labor Economics, NES (November 2011)
- Advanced econometrics, NES (September 2011)
- English language courses for the certificate BEC Vantage (Business English Certificate Vantage), HSE (December 2010-June 2011)
- Game theory, NES (November 2010)
- Learning Management System tutors training course, HSE (April 2011)
6 Reasons to Get a Master’s Degree at HSE Perm
The Academic Supervisors of six educational programmes offered at the Perm campus spoke to HSE News Service about the benefits of getting Master’s degree.
Economics of eSports
How GDP affects success in eSports
Marina Zavertiaeva presented a paper on the conference “Networks in the Global World 2016”
Marina Zavertiaeva presented preliminary results of her joint project with Felix Lopez-Iturriaga on the international conference “Networks in the Global World 2016” that was organized by Saint-Petersburg State University from 1 to 3 June, 2016.
Marina Zavertiaeva, Petr Parshakov, Iuliia Naidenova and Dennis Coates presented their research projects at the international conference in New Orleans
The 85th Annual Meeting of the Southern Economic Association took place in New Orleans (USA, Louisiana) November 21-23, 2015. Marina Zavertiaeva, Petr Parshakov, Iuliia Naidenova, and Dennis Coates participated in the conference.
IDlab at the Conference in Zurich
Angel Barajas, Academic Superisor of the International Laboratory of Intangible-driven Economy, Professor at the University of Vigo, and research fellows of the laboratory Dennis Coates, Professor at the University of Maryland, Marina Zavertiaeva and Petr Parshakov took part in the 7th European Sport Economics Association Conference on Sport Economics that was held on August 27-28 in Zurich.
