Gazprom, the Russian natural gas production and distribution company, which by some estimates is the largest energy company in the world, and it was very cheap to appreciate since its privatization. Reasons for this include general uncertainty prevailing in the Russian stock market and the alleged corruption in the company, including serious asset stripping guide. Hermitage Capital Management, Russia-oriented hedge fund run by William Browder, began investing in Gazprom in 1998, hoping that the perceptive activity leads to an increase in productivity, as well as his actions. This case looks to end Gazprom's efforts to reform and discusses issues Browder should consider when deciding how to proceed. "Hide
by John McMillan, James Twiss Source: Stanford Graduate School of Business 23 pages. Publication Date: October 24, 2002. Prod. #: IB36-PDF-ENG