 |
|
||
|
|||
|
|||
|
|
||
|
|
|
|
|||||
|
||||||||
|
|
|
Monetary official on corporate governance in Russia
RBC, 16.09.2004, Moscow 16:55:37.Head of the Federal Service for Financial Markets Oleg Vyugin has proposed to create a system of assessing corporate governance practices in Russia. As he told journalists commenting on the program of improving corporate governance practices in Russia worked out in cooperation with the European Union, this will make it possible for investors to assess and compare Russian companies taking into account internationally approved standards. Vyugin considers it reasonable to create a system of ratings assigned to Russian companies after the assessment of the corporate governance level. The decision to get a rating should be voluntary, the head of the Federal Service for Financial Markets emphasized. "We should get Russian companies acquainted with the modern principles of corporate governance," Vyugin said. "We should amend the Russian Code for corporate governance approved in 2002," he added. "We see certain improvements compared to 90's," he said. But the progress has slowed, he stressed.
|
|||||||||||||||||||||||||||||||||||
