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Russia's new securities chief, Igor Kostikov, already has begun work on a code of corporate governance.
Without irony, they tell themselves, "Don't be evil," parroting Google's code of corporate conduct.
Since last year, the stock exchange has required all listed companies to disclose details of their compliance with a new code of corporate governance.
Next month, a new code of corporate governance will take effect, requiring boards to have more independent directors, proper audit and remuneration committees and so forth.
The next lower threshold of concern involves violations of the code of corporate conduct or controversial personal conduct, like extramarital affairs or other inappropriate relationships.
President Vladimir V. Putin's administration is writing a code of corporate governance based on principles recommended by the Organization of Economic Cooperation and Development.
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The behaviour of our multinationals is another easy target, with codes of "corporate social responsibility" in effect leading to the subcontracting of the same sweatshop conditions.
We will be looking at other ways the U.N. can contribute, from assisting Myanmar's drug eradication efforts to clearing mines and drafting codes of corporate social responsibility.
In its Financial Services Action Plan (FSAP), published in 1999, the Brussels executive reviewed EU member countries' codes of corporate governance and argued that Europe's divergent guidelines on the subject remained an obstacle to the creation of a single capital market.At present, European Union (EU) countries have more than 35 governance codes of varying stringency.
The development of codes of corporate governance in the UK can be criticized on two grounds: first, that the process has been, to a large extent, ad hoc; and second, that the codes of corporate governance lack an enforcement mechanism.
This year we've added new items to the code of responsible corporate behavior.
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