This paper analyzes the interaction between corporate taxes and corporate governance. We show that the characteristics of a taxation system affect the extraction of private benefits by company insiders. A higher tax rate increases the amount of income insiders divert and thus worsens governance...

This paper analyzes the interaction between corporate taxes and corporate governance. We show that the characteristics of a taxation system affect the extraction of private benefits by company insiders. A higher tax rate increases the amount of income insiders divert and thus worsens governance...

Today ESG principles are penetrating the Russian economy rapidly, but so far unevenly. In Russia, companies from banking and mining sectors are among the leaders of ESG-transformation. In this regard the purpose of this research is to reveal the positions of Russian oil and gas companies in the...