Key Business Success Factors in Russia Efficient Corporate Governance and Management

摘要

The issue of corporate governance and management remains a new one for most Russian financial institutions. From the beginning of market reforms the majority of institutions have preferred to fund their own development. However, these funds are insufficient in a fast-growing market facing dynamic technological development and intense competition. So the issue of raising funds on a regular basis and in significant amounts has entered the business agenda, as raising capital requires that a bank's activities are organised in accordance with modern management principles.