RSR Russia was established in 2007 to help Russian companies improve the structure, composition, and quality of their boards of directors. Our services include:
- Analysis of the current board in the context of the company's business strategy and goals, followed by recommendations for improvement
- Advice on the optimum integration and use of foreign independent directors
- Information from the international market on board compensation trends and levels
- Recruitment of foreign independent directors of high accomplishment and reputation to fill identified needs on the board
The firm also assists Russian companies with the building of international advisory boards and the recruitment of top-level operating executives at their subsidiaries and affiliates abroad.
Benefits of Foreign Independent Directors
Carefully selected foreign directors offer significant benefits to Russian companies, including:
- Guidance on improved corporate governance standards
- A better balance and a higher level of independent opinion in the composition of the board
- Strategic advice from seasoned and highly accomplished senior executives
- Constructive oversight of management, including the key areas of strategy, risk, and compensation
- Enhanced credibility for raising equity and debt capital in foreign markets and for attracting international secondary market investors
- Better access to particular foreign markets for the company's products and services
- Guidance from executives with many years of experience in a particular industry
- Guidance from senior experts in functional specialties or professional disciplines
- Input of needed technological knowledge
- Strategic advice and guidance on diversification of a company's markets and products
- Support to SME's seeking to build a business plan and grow
- Support in making acquisitions abroad and in seeking foreign joint ventures, alliances, and other sources of foreign investment, knowledge, and technology
Download Articles By Michael A. Tappan:
- Improving the Russian Investment Climate (2012)
- Russian IPO's/SPO's on the Way (2011)
- Modernization of the Russian Economy - the Positive Role of Foreign Independent Directors (2010)
- Successful Integration of Foreign Independent Directors (2010)
- Access to Capital - Foreign Independent Directors Can Help (2009)
- Through Crisis to Recovery (2009)
- Are Foreign Independent Directors Needed on Russian Boards? (2009)
- Recovery Guidelines for Russian Boards (2009)
- Foreign Independent Directors on Russian Boards (2008)