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Abstract

The present paper attempts to compare the development of corporate governance in Central Europe, Russia and China. All these countries share a common feature of having a legacy of planned economy and are now in the process of transition to a market economy. They all understand the importance of good corporate governance for the success of the economic reforms. However, the development of corporate governance in these three regions has achieved different degrees of success with Russia having the worst performance. The focus of this paper is directed at the problems of development of corporate governance in Russia.

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