Only 10% Of Firms Disclose Stats

Only one in 10 Russian companies shed light on their remuneration practices for executives and merely one-quarter disclose company ownership structures, the Russian Institute of Directors, or RID, found in its second annual Investments and Corporate Governance report on Russian companies, presented Thursday.

RID, a research organization, used questionnaires and publicly available information to assess the corporate governance practices of 80 private and public companies, spanning energy, telecommunications, steel, transportation and other sectors.

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