CORPORATE GOVERNANCE RISKS TO INVESTORS IN POST-REFORM POWER GENERATION COMPANIES IN RUSSIA
Reliable power supply for the development of the Russian economy is impossible without considerable investments in the electric power industry of the country. A commitment to the high quality corporate governance facilitates strengthening of investor trust and attraction of reliable funding sources on more beneficial terms. The paper presents the analysis of investment risks related to poor quality of corporate governance in the power generation companies after the reform.