transparency

The Influence of Corporate Governance on Increase of Transparency of Business

Over the past few years, corporate governance in Russia is now quite common because of the possibility of obtaining a variety of positive effects. To assess the transparency of domestic companies study was conducted, the results of which are presented in this paper to understand the current level of information transparency of Russian corporations and its dynamics from 2004 to the present. Methods. The dynamics of change and the current level of transparency of business on the example of 85 companies on nine key indicators of information on the following clusters: materials for the general meeting of shareholders, financial reporting standards RAS and IFRS, capital structure, the data is on the Board of Directors and management, corporate governance, fairness Information for Russian and foreign investors. Conclusions. Implementation of good practices of corporate governance enhances transparency of internal processes in the organization, which facilitates assessment of the prospects of the company and its investors is the basis for attracting investment funds (with a positive state of affairs.

Public Control in the Sphere of Formation and Functioning of the Executive Power Bodies in the Russian Federation

Introduction. Public control in a democratic state embraces the entire public administration system. One of the most important objects of such control is the activity of executive authorities. Theoretical analysis. The main trajectory of the development of public control in the sphere of executive power is relations associated with the formation and direct activity of executive bodies, as well as their officials. Empirical analysis. It was revealed that in the process of exercising public control in the sphere of the functioning of executive authorities, special forms of control are used, such as the assessment of the regulatory impact and the assessment of the actual impact, suggesting a public-state mechanism for its implementation. Results. Specific features of public control in the area of executive power are the following organizational and legal conditions for its implementation: the mechanism of public control in the sphere of activities of executive authorities based on the concept of “Open government”; implementation of most forms of public control through the use of the electronic communication environment of executive authorities and civil society institutions, including citizens; the use of a special form of control based on a combination of elements of state and public control – public and state control; citizens and public associations that can act as independent subjects of public control.

Information Support of Public Control in the Russian Federation: System and Legal Analysis

Introduction. This article deals with issues related to the study of the role and importance of information in the system of public control. The studies the features of the regulatory and legal consolidation of information support for public control activities, including focusing on the main areas of information exchange between subjects and objects of the type of control under consideration. Purpose. The main purpose of the work is to study the role and place of information in the process of organization and implementation of public control. Results. Analyzed the Russian regulatory and legal framework governing issues related to information support for public control activities. Shows the practical implementation of the principles of openness and publicity in the process of functioning as subjects of public control, and its objects. Particular attention is paid to researching the legal provision of access to information on the activities of public authorities, identifying its main areas, such as the organization of official websites, state information resources, the provision of official information on the requests of citizens and organizations, access to meetings of public authorities, etc. Сonclusion. The present time the necessary regulatory and legal framework has been created in the Russian Federation that provides information openness to public authorities, which is considered to be the most important and one of the main conditions for the implementation of public control. However, in a number of cases there are violations of the requirements of the current legislation, which is most often manifested in the sphere of organization of work of official websites of public authorities, and therefore additional monitoring of the compliance of the organizational and regulatory components of access to information is required.