Board of directors as a key value driver

Abstract

Authors: Ivan Ivanovich Rodionov - National Research University "Higher School of Economics." Email: irodionov@hse.ru

Board analysis for Russian traded companies became a popular topic during several last years. In many cases this analysis is incomplete from the point of view of main directions and conclusions made based on it because it does not take into consideration the best practice accumulated globally. Russian companies often do not realize the significance of simple measures in Board activity development which are easy for application but are able to improve significantly the corporate governance quality in the eyes of the foreign shareholders and investors as well as to raise the value and capitalization. This is the first article of two devoted to the analysis of Boards.