The Influence of Corporate Governance on Increase of Transparency of Business
Over the past few years, corporate governance in Russia is now quite common because of the possibility of obtaining a variety of positive effects. To assess the transparency of domestic companies study was conducted, the results of which are presented in this paper to understand the current level of information transparency of Russian corporations and its dynamics from 2004 to the present. Methods. The dynamics of change and the current level of transparency of business on the example of 85 companies on nine key indicators of information on the following clusters: materials for the general meeting of shareholders, financial reporting standards RAS and IFRS, capital structure, the data is on the Board of Directors and management, corporate governance, fairness Information for Russian and foreign investors. Conclusions. Implementation of good practices of corporate governance enhances transparency of internal processes in the organization, which facilitates assessment of the prospects of the company and its investors is the basis for attracting investment funds (with a positive state of affairs.
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