Please use this identifier to cite or link to this item: http://hdl.handle.net/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://hdl.handle.net/10995/103030
Access: info:eu-repo/semantics/openAccess
SCOPUS ID: 85102751643
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, проиндексированные в SCOPUS и WoS CC

Files in This Item:
File Description SizeFormat 
2-s2.0-85102751643.pdf1,04 MBAdobe PDFView/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.