Mandatory Voting Instructions for Board Members of State-Owned Companies: Pro and Contra

I. Belikov, V. Verbitsky and E. Nikitchanova
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I. Belikov: Russian Institute of Directors, Moscow, Russia
V. Verbitsky: Russian Institute of Directors, Moscow, Russia
E. Nikitchanova: Russian Institute of Directors, Moscow, Russia

Journal of the New Economic Association, 2013, vol. 20, issue 4, 164-168

Abstract: The article is dedicated to the analysis of the polls conducted among board members of stateowned companies. Board members have been polled to assess their attitude towards the mandatory voting instructions they receive from the state agency for managing state properties on a number of issues of board meetings agendas. The poll has revealed a very contradictory picture: although board members see serious drawbacks in the mandatory voting instruction practice they are not ready to go on without it. They stand for gradual improvement of this practice.

Keywords: state-owned companies; boards; board members; mandatory voting instructions (search for similar items in EconPapers)
JEL-codes: M15 O16 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2013:i:20:p:164-168

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