Russian Federation

Paper Summary:

This research paper provides an overview of the Russian Federation, focusing on the international management/business aspects, such as country-specific regulations, currency, and foreign investment. The paper also includes information on geography, climate, and economics. The paper includes tables.

Table of Contents
General Information
Geography
Climate
Population
Culture and Social Life
Business Environment
Political - Overview
Business Related Legislation
Economic - Overview
Main Macroeconomic Indicators
Foreign Direct Investment
Financial - Currency
Major Financial Institutions
Financial Markets
Banking System
Protection of Ownership Rights and Corporate Governance
Cultural Environment
People
Business Etiquette
Issues to Keep in Mind
Governmental Regulation
Taxes and Customs
Legal Requirements for Maintaining Business
Legal Reform
Recent Amendments to Bankruptcy Legislation
Advertising
Human Resources
Russian Labor Code
Termination
Employee Benefits
Unions

From the Paper:

"Major stock exchanges are: Moscow Stock Exchange, St. Petersbrug's Future Trading Stock, and Kazan Exchange Stock. The year 2001 also saw a breakthrough in the area of legal regulation of the stock market. Among the most important documents adopted last year in that regard were the Law "Concerning Investment Funds" and the amendments to the Law "Concerning Joint Stock Companies". These documents take into account the way in which the markets actually function and substantially curtail the scope for abuse of shareholders' rights. Another new law that emerged last year was the Law "Concerning Digital Electronic Signature", which will enable cost savings for market traders and speed up securities turnover."

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