Open AccessLegal Support of Transparency of Activities of Governing Bodies of Companies of the Fuel and Energy Complex
Author(s) -
Mikhail S. Gorshkov
Publication year - 2021
Publication title -
energy law forum
Language(s) - English
Resource type - Journals
ISSN - 2410-4396
DOI - 10.18572/2410-4396-2020-4-93-98
Subject(s) - transparency (behavior) , corporate governance , energy sector , business , work (physics) , relevance (law) , power (physics) , accounting , industrial organization , economic system , law , economics , political science , finance , engineering , mechanical engineering , physics , quantum mechanics
In accordance with the Energy Strategy of the Russian Federation for the period of up to 2035, the enhancement of corporate governance is classified as a strategic task for the development of the fuel and energy sector. Legal support of corporate governance in companies with state participation in the energy sector, including companies in the power grid complex, is of great importance. The problems related to the legal support of transparency in the activities of the governing bodies of energy companies in the power grid complex are also of particular relevance. A significant problem of transparency of the governing bodies of energy companies, which still exists, is the identification and bringing the final beneficiaries to subsidiary responsibility. Within this work, the author identified the key problems that arise in case of transparency of activities of the governing bodies of companies of the power grid complex. The expediency of bringing the final beneficiaries of these organizations to subsidiary responsibility is justified, and proposals to improve the transparency and efficiency of the governing bodies of organizations of the power grid complex are made.