
АSPECTS OF THE SUBJECT COMPOSITION OF THE INSTITUTE OF CORPORATE RESPONSIBILITY IN A JOINT-STOCK COMPANY
Author(s) -
A.S. Prokopiuk
Publication year - 2021
Publication title -
ekonomìka ta pravo
Language(s) - English
Resource type - Journals
eISSN - 2523-4838
pISSN - 1681-6277
DOI - 10.15407/econlaw.2021.01.020
Subject(s) - business , joint stock company , accounting , creditor , corporate law , legislation , corporate group , corporate security , corporate real estate , corporate social responsibility , parent company , corporate communication , subsidiary , law and economics , corporate governance , public relations , law , economics , political science , finance , real estate , debt , multinational corporation
For a proper understanding of the institution of legal responsibility in corporate relations, it is necessary to clearly define the range of subjects of corporate relations, which, in turn, is determined by the types of corporate relations in which these entities participate. It is the nature of corporate relations that determines the peculiarities of the responsibility of management bodies and persons who manage a joint-stock company. Corporate relations in a joint-stock company arise in connection with the creation, operation and termination of a joint-stock company as a legal entity, an independent legal entity endowed with separate property, which has its own internal organizational structure and acts in economic turnover on its own behalf obligations to creditors. The emergence of a joint stock company as a legal entity, with its members, founders, property owner, members of management bodies, creditors, as well as other stakeholders (stakeholders), causes a particularly complex structure of corporate relations, which can be distinguished not only internal management relations legal entity, but also external relations that ensure the participation of legal entities in economic turnover, as well as organizational and property relations between members of business associations, groups, associated and related companies. Corporate responsibility is one of the most important factors that ensure the stability of corporate relations. This determines the scientific interest in corporate responsibility throughout the history of corporate law, due to the development of organizational and legal forms of economic activity based on corporate relations. A systematic analysis of the current legislation allows to determine the range of subjects of corporate responsibility.