ТРАНСФОРМАЦИЯ ТРЕБОВАНИЙ К СИСТЕМЕ КОРПОРАТИВНОГО УПРАВЛЕНИЯ В РОССИЙСКОЙ ФЕДЕРАЦИИ В УСЛОВИЯХ ВНЕШНИХ ВЫЗОВОВ

Abstract

Rating agencies are one of the elements of the corporate governance system. In the face of the challenges of the external environment, it is necessary to develop and maintain national rating systems in order to increase the transparency of corporate activities and attract additional sources of funding. Sectoral shifts in the economy, occurring under the influence of external challenges, can be observed by changes in the formed corporate ratings. Such information is relevant for use by different groups of stakeholders: by investors when assessing the stage of the life cycle of the industry as a whole and the prospects of a particular corporation, taking into account this factor, by the state when making decisions on state support for backbone corporations. Significant changes in the positions of corporations in the ratings can produce an increase in corporate conflicts between all participants in the corporate governance system. An increase in the share of non-controlling owners in IFRS reporting may be a predictor of an increase in conflicts between minority and majority shareholders. An increase in the share of non-controlling owners in IFRS reporting may be a predictor of an increase in conflicts between minority and majority shareholders. One of the tools for resolving conflicts of this type is the offer to buy out the shares of minority shareholders and the consolidation of the stake by the leading shareholders. In the context of global changes in the external environment, the direction of liability insurance of the Board of Directors of corporations and top management is of particular importance. At the same time, it is necessary to rethink the requirements for the mandatory presence of independent directors on the Boards of Directors. If there are independent directors who are not residents, we consider it appropriate to revise the subject matter of the insurance contract and increase the sums insured under the D&O policy.