Ilya Okhmatovskiy is Associate 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 is about business-government relations, corporate governance, and cross-national differences in the institutional context of business. His research was supported by several grants and published in Organization Science, Organization Studies, Journal of Management, Journal of Management Studies, and other journals.

Ilya is a member of the Editorial Boards at Corporate Governance: An International Review and Strategic Organization. He served as Guest Editor for the Journal of World Business and as Senior Editor for Management and Organization Review. He also co-edited the Oxford Handbook of State Capitalism and the Firm published by the Oxford University Press.

2007 - Ph.D., University of Southern California, USA

1998 - MS, Academy of National Economy, Russia

1998 - BA, Moscow State University, Russia

Corporate governance; Business-government relations; State ownership; Market institutions; Political ties.

• Grosman, Anna, Schnyder, Gerhard, Cuervo-Cazurra, Alvaro, Okhmatovskiy, Ilya, Wood, Geoffrey T. (2023). Rethinking state capitalism: A cross-disciplinary perspective on the state’s role in the economy. Annals of Corporate Governance, 7 (4), 252-328.
• Wright, Mike, Wood, Geoffrey, Musacchio, Aldo, Okhmatovskiy, Ilya, Grosman, Anna, Doh, Jonathan P. (2021). State capitalism in international context: varieties and variations. Journal of World Business, 56 (2).
• Okhmatovskiy, Ilya, Suhomlinova, Olga, Tihanyi, Laszlo (2020). Legacy of the state: prior shared experience and survival of spin-offs from restructured state enterprises. Journal of Management, 46 (4), 503-529.
• Okhmatovskiy, Ilya, Shin, Donghoon (2019). Changing corporate governance in response to negative media reports. British Journal of Management, 30 (1), 169-187.
• Okhmatovskiy, Ilya (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.
• Grosman, Anna, Okhmatovskiy, Ilya, Wright, Mike (2016). State Control and Corporate Governance in Transition Economies: 25 Years on from 1989. Corporate Governance (Oxford), 24 (3), 200-221.
• Shin, Donghoon, Seidle, Russell, Okhmatovskiy, Ilya (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.
• Spicer, Andrew, Okhmatovskiy, Ilya (2015). Multiple paths to institutional-based trust production and repair: Lessons from the Russian Bank Deposit Market. Organization Studies, 36 (9), 1143-1170.
• Okhmatovskiy, Ilya, David, Robert J. (2012). Setting your own standards: Internal corporate governance codes as a response to institutional pressure. Organization Science, 23 (1), 155-176.
• Okhmatovskiy, Ilya (2010). Performance implications of ties to the government and SOEs: a political embeddedness perspective. Journal of Management Studies, 47 (6), 1020-1047.
• Okhmatovskiy, Ilya (2005). Sources of capital and structures of influence: Banks in the Russian corporate network. International Sociology, 20 (4), 427-457.

• Wright, Mike, Wood, Geoffrey T., Cuervo-Cazurra, Alvaro, Sun, Pei, Okhmatovskiy, Ilya, Grosman, Anna (2022). The Oxford handbook of state capitalism and the firm. Oxford University Press.
• Gao, Renfei, Sun, Pei, Grosman, Anna, Okhmatovskiy, Ilya (2022). Corporate political ties and state capitalism. The Oxford Handbook of State Capitalism and the Firm. Oxford University Press, 524-547.
• Okhmatovskiy, Ilya, Grosman, Anna, Sun, Pei (2022). Hybrid governance of state-owned enterprises. The Oxford Handbook of State Capitalism and the Firm. Oxford University Press, 449-478.
• Wright, Mike, Wood, Geoffrey T., Cuervo-Cazurra, Alvaro, Sun, Pei, Okhmatovskiy, Ilya, Grosman, Anna (2022). State capitalism and the firm: An overview. The Oxford Handbook of State Capitalism and the Firm. Oxford University Press, 3-24.
• Guthrie, Doug, Okhmatovskiy, Ilya, Schoenman, Roger, Xiao, Zhixing (2012). Ownership networks and new institutional forms in the transition from communism to capitalism. The Small Worlds of Corporate Governance. Mit Press, 117-148.
• Okhmatovskiy, Ilya (2006). Sources of capital and structures of influence: Banks in the Russian Corporate Network. Corporate Governance and Finance in Poland and Russia. Palgrave Macmillan.