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Corporate Governance Development in Railway Companies

https://doi.org/10.30932/1992-3252-2020-18-134-147

Abstract

In modern market environment efficiency of corporate governance is of particular importance for a company’s activity to raise its competitiveness. It is completely true regarding foreign and Russian transport companies.

The Russian Railways holding company is among global leading transport and logistics companies. Considering the large scale activity of JSC Russian Railways particularly determined by the length and geographically extensiveness of its network, its involvement in solution of large social and economic problems, and in the context of the study of the practices of world lading transport companies it is worthwhile to generalize the experience of development of corporate policy of JSC Russian Railways, and of processes of updating of its corporate governance system.

The article contains generalized reviewing and brief analysis of above topics based on published corporate documents and suggests a basis for further research.

About the Author

R. D. Dundua
JSC Federal Passenger Company
Russian Federation

Dundua, Revaz D. – Head of the Sector of Implementation and Follow-up of New Technology of the Department of Sales

Moscow



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Review

For citations:


Dundua R.D. Corporate Governance Development in Railway Companies. World of Transport and Transportation. 2020;18(3):134-147. https://doi.org/10.30932/1992-3252-2020-18-134-147

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ISSN 1992-3252 (Print)