Public companies of St. Petersburg: interim results of the implementation of corporate governance principles

Yarovoy D.O.1
1 Санкт-Петербургский государственный экономический университет

Journal paper

Russian Journal of Entrepreneurship *
Volume 19, Number 4 (April 2018)
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
The article considers the interim results of the implementation of principles that ensure the improvement of corporate governance of public companies. Using the example of public companies in St. Petersburg, we analyze the compliance of local corporate governance practices with European standards and all-Russian indicators. In particular, we consider the issues related to the number and gender composition of the Board of Directors; we characterize the committees of the Board of Directors and summarize the criteria of the "independence" of directors. We present the generalized findings of the study.

Keywords: board of directors, corporate governance, public companies, independent director, corporate governance code

JEL-classification: G38, L26, G34

References:

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