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

Author

Listed:
  • Belikov, I.

    (Russian Institute of Directors, Moscow, Russia)

  • Verbitsky, V.

    (Russian Institute of Directors, Moscow, Russia)

  • Nikitchanova, E.

    (Russian Institute of Directors, Moscow, Russia)

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.

Suggested Citation

  • Belikov, I. & Verbitsky, V. & Nikitchanova, E., 2013. "Mandatory Voting Instructions for Board Members of State-Owned Companies: Pro and Contra," Journal of the New Economic Association, New Economic Association, vol. 20(4), pages 164-168.
    • Handle: RePEc:nea:journl:y:2013:i:20:p:164-168
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    More about this item

    Keywords

    state-owned companies; boards; board members; mandatory voting instructions;
    All these keywords.

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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