Corporate governance in Russia

Yukhanaev, Andrey and Demirbas, Dilek (2010) Corporate governance in Russia. Business Money, 185. p. 39. ISSN 1350-1038

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Abstract

Directors of thirty companies listed on the Russian Trading System Stock Exchange were surveyed in order to better appreciate the role and function of boards of directors in corporate governance, placing particular emphasis on their independence and ability to adapt to international standards. The board of directors is widely regarded as a key element for sound corporate governance and 84 per cent of respondents stated that outside directors improve the accountability of management. However, having said that, forty per cent of respondents did not have a clear appreciation of how outside directors function. Reassuringly, 88 per cent of directors believed that Russian corporate governance should be harmonised with international standards.

Item Type:	Article
Subjects:	N900 Others in Business and Administrative studies R700 Russian and East European studies
Department:	Faculties > Business and Law > Newcastle Business School
Related URLs:	http://www.business-money.com
Depositing User:	Helen Pattison
Date Deposited:	12 Nov 2012 17:51
Last Modified:	19 Nov 2019 09:53
URI:	http://nrl.northumbria.ac.uk/id/eprint/10240

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