Can Russia Achieve Corporate Governance?

In a Huffington Post blog, Georges Ugeux, chairman and CEO of Galileo Global Advisors, says that Russia's credibility in corporate governance cannot be dissociated from the political governance of the country, where the last few years saw more repression of liberties and less transparency. Some high-level officials in Russia are genuinely convinced that corporate governance is in the best interest of the country. In the end, Russia will have to decide the path for its progress in that matter. This path leads directly to the Kremlin: Whether he likes it or not, President Vladimir Putin cannot remain deaf to the growing voice of those who want the country to reform itself. It is as much his challenge as it is a corporate challenge.

Tuesday, June 26, 2012