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In recent years, large Russian companies have shown an impressive performance in their expansion abroad. This internationalisation has attracted a great deal of interest from both scholars and practitioners. Advance of these companies into Western markets has become a contentious topic; quite often, it is due to the clashes between the distinctly Russian managerial style and the Western style of classic management. Yet, the interplay between the specificities of the Russian managerial style and the process of firm internationalisation remains an under-researched topic. The paper seeks to fill this gap and to examine management practices in Russian companies, with a specific emphasis on internationalisation. The study provides a detailed account of several elements of these practices, such as human resource management, knowledge management, corporate governance, corporate social responsibility. Furthermore, the paper formulates directions for further research. Copyright © 2012 Inderscience Enterprises Ltd.