Under the project, RCCI succeeded in establishing a regional Council on Shareholders Rights. The members of the Council included distinguished representatives of Ryazan region business associations, members of Boards of Directors, and unions' chairmen. The status and impressive organizing abilities of the members of the Council contributed a lot to the fact that the Council's activities received broad attention from the regional government, business associations and media. RCCI has enjoyed an impressive amount of media coverage of the project - 34 articles were published in local newspapers and magazines, and posted on RCCI's website.

During the period of the project, RCCI's team provided 206 consultations on corporate governance to interested stakeholders. According to RCCI, about 45% of the consultations related to the joint-stock legislation of the Russian Federation, 30% to the activities of the Boards of Directors and procedures of shareholders' meetings, 20% to the general corporate governance regulations, and 5% to the corporate rights of the shareholders. According to RCCI, many organizations and private businessmen received several consultations over the course of the project.

The Chamber receives numerous calls every week requesting copies of a corporate governance brochure that has been produced under this project.

The Council on Shareholders Rights created within this project has established and drawn attention to key written corporate governance standards, thus encouraging local companies to adopt them.

The Ryazan Chamber has initiated and begun to develop a good relationship with the Institute of Stock Market and Management (ISMM) in Moscow, one of CIPE's grantees under separate funding. ISMM is promoting the establishment of a Russian Institute of Directors (RID), with which CIPE plans to work under a future component of this project. This future project component will entail the development of pilot curriculum on corporate governance which will be used to train corporate directors from all over the NIS. Furthermore, CIPE and the RID also plan to provide a forum for the development and coordination of a Eurasian regional network of corporate governance promoters who will exchange materials, ideas and practices.