Corporate Governance as a Factor of Investment Attractiveness of Ukraine

The increasing importance of corporate governance is a global trend due to the crisis events and obvious corporate needs’ of external financing. The paper explores the problems of the corporate governance system in Ukraine, which could act as the barriers for the investments, and potential ways to overcome them. The most important characteristics of corporate governance for the investors’ decision-making are discussed. The paper also analyses the compliance of the Ukrainian practices of corporate governance mechanisms with the global ones, which increase investors’ confidence and desire to pay a premium for the better-governed companies. The importance of a proper Ukrainian corporate governance system as the key aspect for the potential investors’ decisions is explained.