CORPORATE GOVERNANCE IN RUSSIA ANALYTICAL REPORT

Download This Article

Abstract

The paper considers corporate governance practices in Russia. Market and information infrastructure, legal environment, regulatory environment are investigated. The level of corporate governance in Russia remains low. The vast majority of Russian companies still lack transparent operational and ownership structures, and suffer from weak internal control procedures. The redistribution of ownership stakes, the introduction of strategic shareholders — often in conjunction with significant investments — and the desire to attract outside capital are major driving forces in the improvement in governance standards in Russia.

Keywords: Corporate Governance, Ownership Structure, Internal Control

How to cite this paper: Kochetygova, J., Popivshchy, N., & Vitalieva, V. (2003). Corporate governance in Russia analytical report. Corporate Ownership & Control, 1(2), 156-166. https://doi.org/10.22495/cocv1i2p13