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On
June 18, the Center for Business Ethics and Corporate Governance with
the support of US Consulate General in Saint-Petersburg and with participation
of Russian Institute of Directors and International Finance Corporation
held the conference “Development of Business Through Improving Business
Ethics and Corporate Governance”. The Conference was arranged in the frame of Center for Business Ethics and Corporate Governance’s projects, aimed at improving corporate governance in Russia and implemented with the financial support of Eurasia Foundation and US Agency for International Development (USAID). The goal of the forum was to summarize the results of activities on the project “Training Needs Assessment for Improving Business Ethics and Corporate Governance” and to identify the direction for further improvement of corporate governance and practical implementation of ethical corporate conduct principles within Russian enterprises. Participants of the conference
were 83 representatives from 51 Saint-Petersburg enterprises which took
part in the investigation, workshops and trainings, arranged and conducted
by the Center with participation of Russian and foreign specialists
in the sphere of corporate governance. The participants of the conference
were greeted by the US Consul General in Saint-Petersburg Mr. Morris
Hughes, who emphasized the significance of the issues to be discussed
at the conference for the economic development of both countries. In the context of this action there were 4 sections, on which the following issues were considered: effective corporate governance tools, organization of the Board of Directors’ activity, organization of corporate governance within holding companies. In the section «Tools of
effective corporate governance” the speakers were A. Eliseev, representative
of International Finance Corporation, A. Vinnik, Director of the Center
for Business ethics and Corporate Governance. They gave speeches on
such effective corporate governance tools as Annual Account and Corporate
Governance Code. S. Perminova, Dean of the Management and Economy Department
at Saint-Petersburg Culture and Art University, conducted a game “How
to Develop Your Own Code”.
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Center for Business Ethics and Corporate Governance |