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Articles on Corporate Governance

Corporate Governance: Transparency Between Government and Business (English, Russian)

CIPE's Director, John D. Sullivan, discusses corporate governance, its benefit to society, and how to reform the corporate governance system. He puts forth recommendations for action to the general public, the business community, the media, and the government.

Building Sound Corporate Governance for Global Competitiveness

CIPE's Executive Director spoke to the Colombian Confederation of Chambers of Commerce in Cartagena, Colombia. In his presentation, Dr. Sullivan explores why and how achieving first-class corporate governance is a necessary step toward energizing Colombian businesses to compete vigorously in a global economy.

Corporate Governance: Pushing Ahead Without Best Practices
Stanley Dubiel, Investor Shareholder Services

In countries that do not have clearly defined corporate governance standards, investors look to other measures that can help them assess risk. This article describes the proxy voting structures that help investors establish standards for investments in countries where a history of strong corporate governance does not exist and how implementation of these structures can support the development of better national standards.

Corporations Must Act Ethically
William S. Kanaga, Former Chairman of Arthur Young and Former CIPE Board Chairman

What is a corporation's duty to the society in which it functions, and how can its responsibilities be reconciled with the ever-increasing demands to be competitive in the global economy? The author stresses the importance of corporate citizenship in the modern world and its role as a business strategy for survival in global markets.

Safeguarding Russian Investors: Securities Chief Speaks Out
Interview with Dmitry Vasilyev, Former Director of the Russian Federal Securities Commission

If Russia is to gain economic stability and attract foreign investors, it will need to respond better to the needs and concerns of investors. Dmitry Vasiliyev had made this the chief reform priority of the securities commission from which he recently resigned. He is one of Russia's strongest advocates of a more efficient and transparent markets to provide the foreign and domestic capital needed to jump start Russia's newly privatized enterprises. In this interview, Vasiliyev underscores the importance of establishing strong shareholders' rights as a cornerstone of economic reform.

General Motors' Board Guidelines on Significant Corporate Governance Issues

General Motors' guidelines represent one viable approach to setting up a corporate governance structure. The General Motors Board of Directors reviewed its processes and issued the guidelines in January 1994 to ensure that its responsibilities to shareholders are carried out effectively. The guidelines were revised in August 1995.

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