ВЛИЯНИЕ САНКЦИЙ И АНТИСАНКЦИОННЫХ МЕР НА РАЗВИТИЕ КОРПОРАТИВНОГО ЗАКОНОДАТЕЛЬСТВА, ПРАКТИКИ ЕГО ПРИМЕНЕНИЯ И НАУЧНОЙ ДОКТРИНЫ

Abstract

The article is focused on the influence of sanctions and anti-sanctions measures on the development of corporate legislation, practice of its application and scientific doctrine. With respect to duration of antisanctions measures the author believes that it is more appropriate to define period of applicability of the special rule before introduction into the legislation of other changes (and not to determine specific period of application of the anti-sanctions measure). The author concludes that public companies in the course of antisanctions regulations were granted with substantial discretion with respect to the internal corporate procedures and disclosure of information. They are already not fully compliant with the ordinary legislation requirements. The article critically evaluates legislative initiatives on possibility of membership of the legal entities in the boards of directors because this decreases professional level of the board and personal liability of its members. In general, the author concludes that corporate law in the period of sanctions requires special attention. Keeping the achieved level of corporate governance and its subsequent increase is necessary not for foreign rankings but to secure economic stability of the Russian economy and to increase effectiveness of entrepreneur activity.