Pasek boczny artykułu

Przesłane
25 lipca 2022
Opublikowane
25 stycznia 2023
Pobieranie
PDF
Statystyczny
Read Counter : 35 Pobieranie : 40

Treść głównego artykułu

Abstrakt

The author analyses one of the major dilemmas of corporate law, which relates to corporate mechanisms for controlling and safeguarding investment. Corporate law creates a systemic matrix, which facilitates the organizational management of the business entity and the activism of the investor. Separating ownership and control by the management of the JSC creates the presumptive
risk of unfair action. The managing person is more oriented toward increasing personal profit rather than maximizing the value of the company. Therefore, along with the general mechanisms of internal corporate management of the risk,
beyond the competence of the general meeting, it is necessary to equip shareholders with the corporate control mechanism having precise aim. Shareholder suit is one of the mechanisms of controlling and safeguarding the investment, which may be of the following types: direct (individual) suit, indirect (derivative) suit, and class action. A suit is a methodological tool used for initiating liability and restoring infringed rights of shareholders. Classes of the suit are the corporate strategy of investment, which is related to the control function of the shareholder.

Słowa kluczowe

Direct Suit, Derivative Suit, Class Action, Corporate Control Strategy Direct Suit, Derivative Suit, Class Action, Corporate Control Strategy

Szczegóły artykułu

Creative Commons License

Utwór dostępny jest na licencji Creative Commons Uznanie autorstwa 4.0 Międzynarodowe.

Referencje

  1. Allen William T., Reinier Kraakman, Guhan Subramanian, Commentaries and Cases on the Law of Business Organization, 4th ed. New York: Wolters Kluwer, 2012.
  2. Armour John, Henry Hansmann, Reinier Kraakman, „What is Corporate Law?”, [in:] The Anatomy of Corporate Law: A Comparative and Functional Approach, 2nd ed., Reiner Kraakman, John Armour et al. 1-34. Oxford: Oxford University Press, 2009.
  3. Burduli Irakli, Foundation of Corporate Law, Vol. II. Tbilisi: Meridiani, 2013.
  4. Cahn Andreas, David C. Donald, Comparative Company Law, Text and Cases on the Laws Governing Corporations in Germany, The UK and the USA. Cambridge: Cambridge University Press, 2011.
  5. Case of Breckland Group Holdings Ltd v. London and Suffolk Properties Ltd [1989] BCLC 100.
  6. Chanturia Lado, Corporate Governance and Liability of Directors in Corporation Law. Tbilisi: Samartali, 2006.
  7. Cox James D., Thomas Lee Hazen, The Law of Corporations, vol. II, 3rd ed. St. Paul: Thomson/West, 2010.
  8. Dignam Alan, John Lowry, Company Law, 8th ed. Oxford: Oxford University Press, 2014.
  9. Fletcher William M., Fletcher Cyclopedia of the Law of Corporations, vol. V Eagan: Thomson/West, 2011.
  10. French Derek, Mayson Stephen, Ryan Christopher, Company Law, 26th ed. Oxford: Oxford University Press, 2009-2010.
  11. Gevurtz Franklin A., Corporation Law. ST. Paul: West Group, 2000.
  12. Jugheli Giorgi, Capital Protection in a Joint Stock Company. Tbilisi: Bona Causa, 2016.
  13. Makharoblishvili Giorgi, General Analysis of Corporate Governance. Tbilisi: World of Lawyers, 2015.
  14. Palmiter Alan R., Corporations, Examples and Explanations, 5th ed. New York: Aspen Publishers, 2006.
  15. Pinto Arthur R., Douglas M. Branson, Understanding Corporate Law, 3rd ed New York: Lexis Nexis, 2009.
  16. Radin Stephen A., The Business Judgment Rule: Fiduciary Duties of Corporate Directors, 6th ed., vol. II. Boston: Aspen Publishers, 2009.
  17. Rusiashvili Giorgi, Unjust Enrichment Law I: Condictiones of Fulfillment. Tbilisi: Lawyers’ world, 2017.
  18. Zweigert Konrad, Hein Kötz, Introduction to Comparative Legal Studies in the Civil Law Sphere, Book II. Tbilisi: Jisia, 2001.