Comparative Analysis of Various Types of Corporations in the Conditions of Corporate Law Reform

Сравнительный анализ различных видов корпораций в условиях реформы корпоративного законодательства

Glushetskiy, Andrei (Глушецкий, Андрей) ()
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Glushetskiy, Andrei (Глушецкий, Андрей): Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The paper introduces a classification of commercial corporations for open and closed; The latter include a limited liability company and all corporate corporations: production cooperatives, people's enterprises. A comparative analysis of the specifics of limiting the turnover of participation rights in various types of closed corporations is given. The paper demonstrates the negative economic consequences for the corporation — the obligation to buy out its own shares, stakes in the authorized capital of LLC, a share in the production cooperative. A comparative analysis of the determination of the actual value of a stake in the authorized capital of LLC, the conditional redemption price of a share of a production cooperative, and the "shares" of a national enterprise. Specific intracorporate contradictions of closed corporations are revealed. The negative economic consequences of the participant's right of free exit from the corporation — first of all, from LLC are shown.

Pages: 56 pages
Date: 2017-05
New Economics Papers: this item is included in nep-tra
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