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In Search of Corporate Governance, THE MOSCOW TIMES
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Torrey Clark
The Moscow Times (Russia)
05-28-2001
The government has vowed to improve Russia's dismal corporate governance
record, often cited by foreign investors as enemy No. 1. But as Torrey
Clark reports, that task is not easy in a country barely out of the crude
asset-grabbing phase of its development.
As rumors intensified last week that Gazprom CEO Rem Vyakhirev would
soon be replaced, one brokerage issued a research note saying that the
overall market would "go ballistic on the news."
It was a telling remark. Sure, Gazprom is the most powerful company in
the country. And as the head of a ...
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