Please use this identifier to cite or link to this item:
http://elar.urfu.ru/handle/10995/103030
Title: | Reasonable entrepreneurial risk: Behavioural criteria for corporate manag |
Authors: | Sosnovskikh, S. Cherkasova, O. |
Issue Date: | 2021 |
Publisher: | Supporting Academic Initiatives Foundation |
Citation: | Sosnovskikh S. Reasonable entrepreneurial risk: Behavioural criteria for corporate manag / S. Sosnovskikh, O. Cherkasova. — DOI 10.17589/2309-8678-2021-9-1-58-80 // Russian Law Journal. — 2021. — Vol. 9. — Iss. 1. — P. 58-80. |
Abstract: | This paper discusses the essence of the entrepreneurial risk, ethical and legal standards, which must be adhered to by the head of a commercial organisation. In the Russian legislation, there is debate concerning the boundaries of the responsibilities of the corporate manager. Existing literature doesn’t contain many studies about the norms on the responsibility of persons authorised to act on behalf of a legal entity because it is new for Russian civil legislation, which shows the novelty of this study. We identify problematic aspects that arise both in the doctrine and judicial practice regarding the determination of the criteria of good faith and reasonable behaviour of the head of the corporation. Our study examines the legal nature of entrepreneurial risk and how it affects the formation of managerial decisions. As a result, we propose a basic model of the criteria for the good behaviour of a corporate manager within a reasonable entrepreneurial risk. © 2021, Supporting Academic Initiatives Foundation. All rights reserved. |
Keywords: | BUSINESS RISK CIVIL LAW CORPORATE CONFLICGOOD FAITH CORPORATE GOVERNANCE CORPORATE LAW ENTREPRENEURIAL RISK REASONABLENESS RUSSIA |
URI: | http://elar.urfu.ru/handle/10995/103030 |
Access: | info:eu-repo/semantics/openAccess |
RSCI ID: | 44787651 |
SCOPUS ID: | 85102751643 |
WOS ID: | 000625392800003 |
PURE ID: | 21019578 596aab9f-a88f-414d-b547-3a006a253bd6 |
ISSN: | 23098678 |
DOI: | 10.17589/2309-8678-2021-9-1-58-80 |
Appears in Collections: | Научные публикации ученых УрФУ, проиндексированные в SCOPUS и WoS CC |
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2-s2.0-85102751643.pdf | 1,04 MB | Adobe PDF | View/Open |
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