Trends in Legal Regulation of Corporate Governance in the Fuel and Energy Complex

Abstract

Corporate governance is crucial for a company’s operations. The effectiveness of establishing a corporate structure largely determines the outcomes of an organization’s activities. However, successful management depends not only on complying with the “language” of law but also on understanding modern trends and tendencies in the changing reality. This article examines current trends in corporate governance using the structures of large fuel and energy holdings as an example. It also proposes ways of optimization for the successful development of the country’s strategic activities in the near future. Restrictive measures and sanctions make companies feel vulnerable. Therefore, the legislation aims at protecting the rights and interests of major market players by implementing effective measures. However, a deep analysis of introduced concessions of requirements shows that not all of them have a positive effect. That is why this study focuses on the current problems and solutions. The author proposes measures to improve corporate governance systems, including the possibility of utilizing artificial intelligence and modernizing information disclosure to reflect current realities.