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 Institute’s management bodies include: 

• Board of Governors – the highest collective management body,
• Director – a simple member executive body of the Institute, appointed by the Board of Governors .

The Board of Governors consists of Alexander D. Radygin, (Chairman), member of  the Scientific Council  and of the Board of Directors of the Institute for the Economy in Transition, Bruce W. Bean, corporate partner of Clifford Chance Punder, member of the Board of Directors of American  Chamber of Commerce in Russia   and Dmitri Khilov, executive director of United Financial Group.

The Board of Governors is in power to determine the priority lines of Institute’s activities, to make a decision on reorganization and liquidation of the Institute, to examine and approve the annual financial plan and to make changes to it, to examine and approve the annual financial report of the Institute and auditor’s reports, to examine and approve an annual report on applied science activity of the Institute, and its influence on programs and projects implemented by the Institute.

 The Director of the Institute is Julia Sedova.

At the decision of the Board of Governors the Institute founded its Board of Trustees. The main role of the Board of Trustees is to oversee the Institute’s activity, provide its recommendations on Institute’s research and other activities in accordance with the Institute’s goals stated in the Charter. In addition, the important function of the Board of Trustees is to ensure that the Institute is working in accordance with its stated principles and its principles remain free of conflicts as well as that the Institute’s activity is transparent and open.

For the purposes of creating  and developing a methodology for evaluating the corporate governance practice in Russian companies the Institute has formed The Blue Ribbon Panel. It consists of 19 world-known Russian and Western experts in corporate law and corporate governance.