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Ilya Okhmatovskiy

Assistant Professor, Strategy and Organization
Contact Information
Email address: 
ilya [dot] okhmatovskiy [at] mcgill [dot] ca

Bronfman Building, [Map]
1001 rue Sherbrooke Ouest
Montreal, Quebec
H3A 1G5


PhD, University of Southern California, USA
BA, Moscow State University, Russia

Strategy and Organization

My research interests focus on strategic management, corporate governance, and entrepreneurship in the context of emerging economies. In my recent research projects, I have studied how firms redefine standards of good corporate governance and respond to legitimacy-threatening events by changing their corporate governance, how affiliation with the state affects firms’ performance and perceived trustworthiness, and how proactive business model renewal facilitates survival in the turbulent institutional environment. These projects have been supported by FQRSC and SSHRC grants. My research has been published or accepted for publication by Organization Science, Organization Studies, Journal of Management Studies, Journal of Management and Governance, Corporate Governance: An International Review, and International Sociology.


Strategic Management

Strategic Business Models

Research areas: 
Emerging Market Strategy
Selected publications: 

Papers in Peer-Reviewed Journals

Okhmatovskiy, I. “Self-Regulation of Corporate Governance in Russian Firms: Translating the National Standard into Internal Policies” Journal of Management and Governance, accepted.

Grosman, A., Okhmatovskiy, I., Wright, M. (2016) “State Control and Corporate Governance in Transition Economies” Corporate Governance: An International Review, vol. 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, vol. 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, vol. 23 (1): 155-176.

Okhmatovskiy, I. (2010) “Performance Implications of Ties to the Government and SOEs: A Political Embeddedness Perspective” Journal of Management Studies, vol. 47 (6): 1020-1047.

Okhmatovskiy, I. (2005) “Sources of Capital and Structures of Influence: Banks in the Russian Corporate Network” International Sociology, vol. 20 (4): 427-457.

Chapters in Books

Guthrie, D., Okhmatovskiy, I., Schoenman, R., Xiao, Z. (2012) “Ownership Networks and New Institutional Forms in Transition from Plan to Market.” In B. Kogut (ed.) The Small Worlds of Corporate Governance, MIT Press: Cambridge, MA.

Okhmatovskiy, I. (2007) “Sources of Capital and Structures of Influence: Banks in the Russian Corporate Network.” In T. Mickiewicz (ed.) Corporate Governance and Finance in Poland and Russia, Palgrave-Macmillan.

Awards, honours, and fellowships: 


SSHRC, Standard Research Grant

FQRSC, Grant for establishment of new researchers