FTSE is proposing to introduce higher barriers for entry to the UK’s flagship stock market indices. This comes on the back of rising interest from Russian companies in obtaining a premium listing and blue-chip status on the FTSE 100. Investors hailed the proposal, suggesting that companies with a low share of free float and murky [...]
Tag: corporate governance standards
November 3, 2011
October 4, 2011
Russian mining company boss attacks fellow businessmen as ‘adolescent’
The chief executive of the latest Russian mining company heading for the FTSE 100 has attempted to distance himself from the corporate governance woes afflicting his compatriots by slamming businessmen from the former Soviet Union as “showy” and “adolescent”. Vitaly Nesis, the head of precious metals group Polymetal, added that many of his country’s industrialists [...]