Corporate Governance and the Efficiency of Company’s Operation: The Case of Gazprom

V. Kleiner

Voprosy Ekonomiki, 2006, issue 3

Abstract: The article addresses the problem of efficiency of Gazprom from the shareholders standpoint. Special attention is paid to Gazprom cost structures both on the operational side and as a part of its capital expenditures. Comparative analysis of Gazprom vs its interantional peers adds more colors to the evaluation of cost efficiency. Different behavioural patterns of previous and current Gazprom management are outlined. Basing on the investigation of Gazprom Board of Directors influence on its efficiency the article provides practical reccomendations aimed at improving relationships in the triangle "shareholders - Board of Directors - management".

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2006:id:1716

DOI: 10.32609/0042-8736-2006-3-86-103

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