Activities through 2011
This section includes everything published on this website through 2011, when Founding Chair Matthew Murray left for a position with the Obama Administration and Patricia Dowden was named President.
On October 8, 2010, the Center for Business Ethics & Corporate Governance and Transparency International Russia co-hosted a meeting of the “U.S.-Russia Working Group on Anti-Corruption and Institutional Integrity” in Moscow. The October 8 meeting considered how the Working Group can help both Russia and the U.S. strengthen implementation of the “UN Convention Against Corruption” and other similar international laws and norms.
During the June 2010 U.S.-Russia Presidential Summit in Washington, D.C., there was a parallel U.S.-Russia Civil Society to Civil Society Summit (C2C). With the support of the U.S. and Russian governments, leaders of civil society from both nations met to develop joint initiatives to recommend to President Obama and President Medvedev. The Center for Business Ethics & Corporate Governance participated in the C2C Summit, and helped form the “U.S.- Russia Working Group on Anti-Corruption and Institutional Integrity”. Other members include: Transparency International-USA, the Sunlight Foundation and Transparency International Russia. On June 24, 2010, the U.S.-Russia Working Group presented its recommendations for further C2C cooperation in anti-corruption to the Plenary Session of the Summit. They can be downloaded in English below.
On August 22, 2010, CFBE Chair Matthew Murray was interviewed by the Moscow News on the subject of how building trust can strengthen economic development. The interview is available in English only here.
April 2010 CFBE Advisor Philip Nichols and Board Member Patricia Dowden make a series of presentations in Moscow and St. Petersburg on the role of professional civility in creating "generalized trust".
CFBE Advisor Philip Nichols and Board Member Patricia Dowden presented a draft paper at the 11th Annual International Academic Conference on Economic and Social Development at the Higher School of Economics in Moscow. The conference, organized by the Higher School of Economics (Moscow) and co-sponsored by the World Bank and International Monetary Fund, brought together senior Russian government officials, representatives of multilateral organizations, as well as leading businesspeople and academics to discuss the challenges facing developing economies as they modernize. Presentations were also made at the HSE's Sociological Club, Russian State University for the Humanities, St. Petersburg University for Economics and Finance (FINEC), and St. Petersburg International Rotary Club. The paper describes the role of "generalized trust" in creating efficiencies in mature economies; and suggests the hypothesis that professional civility may be a catalyst for developing generalized trust.
The draft abstract is available >>Click Here to Download
Comments welcomed >>Click Here to Submit Comments
On October 26, 2010, CFBE’s Chair, Matthew Murray, and the Founder of the Russian Shareholders Association, Alexey Navalny, were the featured speakers at a forum at Yale University on “Investing in Russia: Navigating Corruption and Corporate Governance”. The forum was sponsored by Yale University’s Millstein Center for Corporate Governance & Performance. Mr. Murray presented an analysis of the impact of the Russian Corporate Governance Code on the development of the securities market. Mr. Navalny discussed his experience spearheading legal challenges on behalf of minority shareholders in large Russian companies.
On Wednesday, January 27th, in Washington, DC, the US-Russia Civil Society Forum met for the first time. 1st Deputy Chief of Staff Vladislav Surkov, representing the Kremlin, and Michael McFaul, Senior Director for Russian and Eurasian Affairs at the National Security Council, representing the Obama Administration, co-chaired the session. The session discussed implementation of Articles 12 and 13 of the United Nations Convention Against Corruption, and included representatives from CFBE, Transparency International, and Center for International Private Enterprise (CIPE).
CFBE is a sponsor of the 2nd Annual Russia and CIS Anti-Corruption Summit, being held in Moscow, Russia on March 11th-12th. Matthew Murray, CFBE Chair, will be speaking on the panel entitled “Detecting Patterns of Bribery: How to Conduct a Corruption Risk Assessment to Identify Trouble Spots”.
For more information and a full schedule, visit the conference’s website here:
CFBE Chair Matthew Murray attended the "2nd Annual Russia/CIS Anti-Corruption Summit" in Moscow, a forum dedicated to promoting responsible discussion of best practices in the Russian market. Mr. Murray made a presentation to senior business executives and government officials on how to improve governance in the energy industry.
IKEA Case Exposes Bribe Culture in Russia
The bribery scandal that erupted with the firing of Swedish furniture giant Ikea's top two managers in Russia has shone a spotlight on how foreign companies struggle to deal with the all-pervasive problem of corruption.
Per Kaufmann, Ikea's general director for Russia and Eastern Europe, and Stefan Gross, director for Ikea's shopping mall business in Russia, allowed bribes to be paid via a contractor to solve an electricity supply problem at its store in St. Petersburg, the company said in a statement after a Swedish tabloid newspaper broke the story, claiming it had e-mails detailing the bribes.