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History
| 1. 15 May, 2003 |
Establishing a publishing house “Virtus InterPress” |
| 2. May 2003 |
Establishing a journal Corporate Ownership and Control |
| 3. October 2004 |
Establishing a journal Corporate Board: role, duties and composition |
| 4. August 2005 |
Launching a new business segment – book publishing. The First book, published by the publishing house was titled as “Corporate Governance in a Transition Economy” by Alex Kostyuk |
| 5. September 2005 |
June 2006 – a work on a new book “Essentials of Corporate Law and regulation” |
| 6. September 2005– December 2006 |
A work on a new book “Corporate Board: theory and practice” |
Mission
Our mission is to develop the best practices of corporate governance worldwide through researching corporate governance and publishing periodicals and books on corporate governance issues worldwide.
Expertise
We do our utmost to develop a corporate governance discussion. Database of the corporate governance experts who collaborated with our publishing house consists of over 700 experts. They are authors, subscribers, promoters, editors, etc. We apply our efforts to unite the experts around the corporate governance issues which are the most acute recently. Our journals Corporate Ownership and Control, and Corporate Board: role, duties and composition are the most powerful instruments to reach that goal. We are going to develop another instrument, i.e. corporate governance book publishing to move forward even more intensively.
Executives
| Alexander Kostyuk |
Chief Executive Officer (CEO) and Founder.
Assistant Professor in Corporate Governance, Ukrainian Academy of Banking. He has a six year teaching experience. He is a member of the Center for Governance and Private Property (Argentina). Editor-in-Chief of journals Corporate Ownership and Control, and Corporate Board: role, duties and composition. Author of 16 papers on corporate governance. Author of a book Corporate Governance in a Transition Economy. Research interests – board of directors, executive compensation, corporate ownership and control, minority shareholder protection. |
| Eugeniy Rastorguev |
Chief Operation Officer (COO). |
Our Model
“Deliver the academic world
values to the society needs”
IPC® network model slogan

Our IPC® (Investigation-Publishing-Consulting) network model is built around the following pillars which are set on the way from theory of corporate governance to practice:
INVESTIGATION
- Our people. All our officers are experts in corporate governance. Besides that they work in publishing and provide some publishing procedures, at the same time they conduct their own investigations in various aspects of corporate governance. This is an excellent and unique combination of knowledge in the areas of publishing and corporate governance.
- Editors. We have very close relationships with many experts in corporate governance who have a rich experience in editorship. Editorial boards of our journals consist of more than 60 professionals. They represent a large variety of nations and countries (more than 30). Their expertise is very wide from the point of view of the corporate governance issues. These issues concern corporate control, corporate ownership, board of directors, director independence, executive compensation, financial reporting, audit, and many others.
- Reviewers. As a Publishing house wishing to meet the best standards in editorial business we established a group of experts who will add the value to the work of our editors as “blind reviewers”. Over years of our activity we increased the group of external “blind reviewers” up to 34 persons who made a valuable contribution to the development of our journals. They represent 19 countries both developed and developing.
- Authors. We try to do our utmost to let authors feel comfortable when submitting and publishing papers in our journals. The “double blind” reviewing process is an excellent guarantee that their papers will be improved in the best way. Duration of the reviewing process (about 2-4 weeks or even shorter) meets requirements of all contributors. We do not want our contributors suffer from brutal procedures when authors are prisoners of situation and so named “rules”.
PUBLISHING
- Universities. Our partner university network accounts more than 440 institutions who subscribe to our journals. They are from over 60 countries. We understand that this is a basis of the financial well-being of our publishing, but at the same time this is a sufficient reading audience allowing our authors promote their investigation very effectively.
- Public libraries. We understand that international interests to our periodicals and books could be strengthened through public efforts. We do our utmost to deliver the results of our publishing (journals and books) to general public through delivering it to national libraries.
- Research institutions. This is a much promising way of development of publishing. Taking into account that we have set relationships with many experts (editors, reviewers, authors, etc.) who represent more that 30 research institutions (centers, institutes, etc.) from over the world then this could be a very good threshold to start new business projects with application to corporate governance (book writing, joint conferences, etc.).
- Individual subscribers. Our individual subscribers who subscribe to our journals for many years are considered by us as long-term partners in contributing papers to our journals (more than 45 individual subscribers published their papers with us). They are informal advisors who help us in making the right route for our journals and publishing in a whole. Their advices are very valuable.
CONSULTING
- International institutions. We understand that having composed such an excellent team of academics we are responsible for delivering all this knowledge to the world of practice. We try to contribute through advising and publishing of such institution as International Financial Corporation engaged in various international initiatives such as National Corporate Governance Codes development.
- Corporations. We are open for advising to any company with an aim to improve the protection of rights of minority shareholders, board dynamics and performance, agent conflicts prevention, etc.
These ten pillars we set are the bridge we built on the way from theory to practice of corporate governance. “Deliver the academic world values to the society needs” – sense of our IPC® network model. We are sure that whoever you are you keep to this slogan too.
Our Papers
Papers are downloadable in .pdf format.
Our Parnters
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