Who stands up for financial interests of the company – legal fiction

Abstract

 The author considers a company category (legal fiction) in a plane of the corporate finance. The company is presented in the form of set nexus of contracts between its participants (in particular, between management and shareholders). Financial interests of the company are derivative of interests of its shareholders (founders). A company Ultimate goal is not simply reception have arrived taking into account time and competition horizon, and realization of the chosen economic strategy of development of business by the best method in interests of its shareholders, taking into account risk and possible business miscalculations. The clause has interdisciplinary character, including elements of corporate governance which are a part of the corporate finance as sciences, and also, the corporate right.