WorksheetsUnderstanding Russian PJSC Regulations
Total questions: 8
Worksheet time: 4mins
1. What does PJSC stand for in Russian corporate law?
Joint-Stock Private Corporation
Private Limited Company
a) Public Joint-Stock Company
Public Stock Exchange
2. Who elects the board of directors in a Russian PJSC?
f) The external auditors
b) Shareholders at the General Meeting
e) The financial committee
d) The board of directors themselves
3. What is the minimum number of directors required for a Russian PJSC board?
4
6
3
2
4. Which law regulates joint-stock companies in Russia?
b) Federal Law No. 208-FZ
f) Corporate Governance Code
d) Federal Law No. 123-FZ
e) Joint-Stock Company Act
5. What percentage of a PJSC board must be independent directors?
b) One-third
Half of the board
Two-thirds
One-fourth
6. What was the issue in the Yukos Oil Company scandal?
b) Tax fraud and money laundering
d) Price fixing
c) Environmental violations
a) Corporate espionage
7. What is the main role of the board of directors in a PJSC?
b) Approving corporate strategy
f) Managing public relations
e) Conducting market research
d) Setting employee salaries
8. What is the primary purpose of a PJSC?
a) To maximize shareholder value
To limit shareholder influence
To focus on employee welfare
To avoid profit generation
