Tuesday, March 20, 2007 Improving Corporate Governance in Russia Another recently released report that attracted comment in the Russian press this week was issued by the international headhunting firm Heidrick & Struggles. It notes that the Russian companies floating on international stock exchanges raise 20% less than their Western counterparts because Russia’s standards for corporate governance are lower. It also shows that investors would pay up to 38% more for shares in Russian companies with good corporate governance. This is a very good argument for the Russian entities engaged in corporate governance, like Russian Institute of Directors or the Institute of Corporate Law and Corporate Governance. Russia Blog: Russian IPOs - Curb Your Enthusiasm? Labels: governance, ipo, russia Previous articles Forum looks into developing framework, models for ...
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