Regulation of conflict of interest in the joint-stock company in Europe (for example, Germany, France, Great Britain)
( Pp. 50-54)

More about authors
Andriushova Elena Alekseevna aspirant. Mesto ucheby: NIU Vysshaya shkola ekonomiki. Podrazdelenie: kafedra grazhdanskogo i predprinimatelskogo prava. Dolzhnost: yurist. Mesto raboty: OOO «Vympel-Protekt».
NRU Higher School of Economics; "Vimpel-Protect", LLC
Abstract:
Background. The aim of the article is to study the basic trends in European corporate law for overcoming conflict of interest in joint-stock company. Foreign scientists, who were engaged in this topic: Bohinc R., Demski J., Enriques L., Volpin P., Enriqes D., Jensen M., Meckling W., L’Huillier B., Margotta D., Park D., Rosa G., Shopovski J., Shukla L., Sayrak A., Warburton A. Materials/methods. During the study were used scientific methods (compilation of data and system analysis), as well as legal methods (comparison, formal). Research area was limited to the study of the legislation of Great Britain, France and Germany in the field of regulation of corporate relations in joint-stock company. Particular attention was paid to the methods of overcoming the conflict of interests between shareholders and management, as well as between majority and minority shareholders. Results. The study identified the following main areas of prevention of negative consequences of the conflict of interests in joint-stock company in the European Union: the activities of the Supervisory Board, the provision of additional rights to minority shareholders, the establishment of disclosure requirements and state control over the activities of public companies. Scope of the study/possibility of further use of the results of scientific work. A study of the European experience in managing conflicts of interest in joint-stock company may be used for the development of legislation in the Russian Federation. Originality/value. The work is intended for scientists involved in issues of civil and corporate law, as well as for practitioners.
How to Cite:
Andriushova E.A., (2016), REGULATION OF CONFLICT OF INTEREST IN THE JOINT-STOCK COMPANY IN EUROPE (FOR EXAMPLE, GERMANY, FRANCE, GREAT BRITAIN). Gaps in Russian Legislation, 1 => 50-54.
Reference list:
Belikova K.M., Inshakova A.O. Direktivy ES, kak universal noe sredstvo garmonizatsii dlya sozdaniya rezhima publichnosti i otkrytosti deyatel nosti kompaniy // Evraziyskiy yuridicheskiy zhurnal. 2010. № 7(26). S. 30-35.
Gryzunova N.V. Upravlenie aktsionernym kapitalom: problemy sobstvennosti i konflikt interesov // Biznes v zakone. 2012. № 5. S. 134-138.
Stakheeva YU.A., Aktual naya problemy pravovogo regulirovaniya sdelok s zainteresovannost yu v aktsionernykh obshchestvakh // Biznes v zakone. 2015. № 5.S. 146-153.
Bohinc R. Conflicts of directors interests with the interests of the company in the context of financial and economic crisis (a comparative overview of some EU countries). http://virtusinterpress.org/IMG/pdf/CONFLICTS OF DIRECTORS INTERESTS WITH THE INTERESTS OF THE COMPANY IN THE CONTEX OF FINANCIAL AND ECONOMIC CRISIS a comparative overview of some EU countries by Rado Bohinc.pdf
Demski J. Corporate conflict of interest. Journal of Economic Perspectives. 2003. No. 17. P. 51-72.
Enriques L., Volpin P. Corporate Governance Reforms in Continental Europe. Journal of Economic Perspectives. 2007. No. 1. P. 117-140.
Enriqes D. The law on company directors self-dealing: a comparative analysis. International and Comparative Corporate Law Journal. 2000. No. 2. P. 297-333.
Jensen M., Meckling W. Theory of the firm: managerial behavior, agency costs and ownership structure. Journal of Financial Economics. 1976. No. 4. P. 305-360.
L Huillier B. What does corporate governance actually mean Corporate Governance. 2014. No. 3. P. 300-319.
Margotta D. New conflict of interest in the modern corporation. The Business Review, Cambridge. 2009. No. 1. P. 8-14.
Park D. Bankers on the board, market competition, and conflicts of interests. http://pubfin.nccu.edu. tw/event/ icrecp/3-1.pdf
Rosa G., Shopovski J. Directors conflict of interest different European legal perspectives. Beijing Law Review. 2013. No. 4. P. 174-179.
Shukla L., Sayrak A. Editorial Commentary: Corporate Governance: Incentive, Conflict of Interest and Bias. The Journal of Behavioral Finance. 2005. No. 1. P. 2-5.
The theme of the quot;little man. quot; Rights of minority shareholders in Russia and in the countries of the common law. Tema malen kogocheloveka . Prava minoritarnyh akcionerov v Rossiii v stranah obshhego prava . http://www.roche-duffay.ru/articles/minority.htm.
Warburton A. Do fiduciary duties matter Corporate Governance. 2011. No. 5. P. 541-548.
Keywords:
a conflict of interest, joint-stock company, minority shareholder, disclosure, the Supervisory Board, comparative analysis, The European Union.


Related Articles

1. Political Science Pages: 6-10 Issue №6215
CURRENT TRENDS IN UNIVERSAL HUMAN RIGHTS SYSTEM: MODERNISATION OR DEGRADATION?
human rights values The United Nations Treaty bodies on human rights The Committee on human rights
Show more
13. Forensics; Forensic expertise; Operational and search activities; Criminal procedure Pages: 152-154 Issue №10025
SCIENTIFIC FOUNDATIONS OF THE FORMATION THE CONCEPT OF DISCLOSURE AND INVESTIGATION OF VIOLENT CRIMES IN THE FAMILY
the concept disclosure investigation violent crime in the family the basic technique
Show more
13. WORLD AND REGIONAL ECONOMY Pages: 185-188 Issue №4641
Evolutionary stages of development of institutional model of the European Union
The European Union evolution the institutional model the founding treaties normative-legal acts
Show more
10. LEGAL SUPPORT OF ENTREPRENEURIAL ACTIVITIES Pages: 168-171 Issue №4395
FEATURES OF THE SHARE CAPITAL OF ECONOMIC PARTNERSHIP
economic partnership the partnership the limited liability company joint-stock company The law on economic partnerships
Show more
11. CIVIL LAW, HOUSING LAW, FAMILY LAW, INTERNATIONAL PRIVATE LAW Pages: 179-183 Issue №8134
FORMATION OF LEGAL BASES AND TENDENCIES OF THE INTELLECTUAL PROPERTY MARKET DEVELOPMENT
intellectual property law the intellectual property market The Eurasian economic Union the history of the development of intellectual property law international law
Show more
9. International law; European Law Pages: 171-173 Issue №6252
EUROPEAN VALUES & NATIONAL LAW: THE PROBLEM OF LEGAL ENFORCEMENT
European values The European Union The European Commission The Court Of The European Union The Treaty on European Union
Show more
11. CIVIL LAW; ENTREPRENEURIAL LAW; FAMILY LAW; INTERNATIONAL PRIVATE LAW; Pages: 166-169 Issue №11076
COMPARATIVE LEGAL ANALYSIS OF THE EMERGENCE OF CORPORATIONS IN THE USA AND RUSSIA
Corporation joint-stock company shareholders merchant company trade
Show more
9. CORRUPTION, TERRORISM, CRIMINAL PROCESS Pages: 143-146 Issue №5143
JOINT (INTERNATIONAL) INVESTIGATION TEAMS - A NEW DIRECTION FOR INTERNATIONAL COOPERATION IN CRIMINAL MATTERS: PROBLEMS AND PROSPECTS OF DEVELOPMENT
joint (international) investigative team a joint investigation international cooperation legal aid investigative team
Show more
4. CRIMINAL LAW Pages: 236-242 Issue №20118
The Use of Computer Traces in the Identification, Disclosure, and Investigation of Theft in Agro-Industrial Complexes
computer traces computerization of society theft in agro-industrial complexes method of committing theft forensic support for the detection
Show more
15. ECONOMICS AND NATIONAL ECONOMY MANAGEMENT, ENTREPRENEURSHIP, MARKETING, MANAGEMENT Pages: 199-202 Issue №3543
Analysis of the evolution of corporate governance as a subject of study
Corporate governance Agency theory stakeholder banker minority shareholder
Show more