Preface; B.Dallago & I.Iwasaki PART I: GENERAL VIEW Corporate Governance in Transition Economies: A Comparative Perspective; B.Dallago Economic Transformation and Corporate Finance in Post-Communist World; F.Sugiura PART II: THE CZECH REPUBLIC Corporate Governance in the Czech Republic; M.Mejst?ík & K.Mejst?ík The Czech Emerging Financial Markets and their Roles in Corporate Finance; Z.Blaha Foreign Direct Investment and Corporate Restructuring in the Czech Industry: The Case of Japanese Multinationals; S.Ikemoto PART III: HUNGARY Institutional Framework and Practice of Corporate Governance in Hungary; E.Ozsvald The Determinants of Capital Structure of Hungarian Firms in Transition; I.Belyacz The Role of Foreign Direct Investment in Corporate Restructuring in Hungary; I.Iwasaki PART IV: THE RUSSIAN FEDERATION Corporate Law and the Governance Mechanism of Russian Firms; I.Iwasaki Corporate Ownership and Control in Russian Companies: Evidence from Enterprise Surveys; T.Dolgopyatova Evolution of Corporate Governance in Russia: Government Policy vs. Real Incentives of Economic Agents; A.Yakovlev Conclusion; B.Dallago & I.Iwasaki