All
 
|
 
 


The concept and the nature of membership relationships
 
PIIS013207690005267-5-1
DOI10.31857/S013207690005267-5
Publication type Article
Status Published
Authors
Georgy Tsepov 
Occupation: Associate Professor of the National Research University "Higher school of Economics", St. Petersburg
Affiliation: National Research University "Higher school of Economics", St. Petersburg
Address: Russian Federation, St. Petersburg
Journal nameGosudarstvo i pravo
EditionIssue 6
Pages113-117
Abstract

By methods of transaction costs and contract corporation theory the article studies the nature of membership relationships. The structure of corporation – legal entity is regarded as the instrument of information transfer making it possible to reduce the costs of economic interaction through optimization of organizational relationships. Instead of multiple interconnections between the members of a non-corporate society within a corporation functioning as communication centre, legally relevant relationships (relationships of membership) are established between the participants and the legal entity.

Membership relationships, being the kind of corporate relationships, are reduced neither to proprietary nor contractual relationships. Unlike contractual relationships, membership relationships are of organizing importance for the corporation. They are formed when establishing and are terminated when closing the corporation as a legal entity. A corporation as a legal entity cannot exist without membership relationships. In contrast, within contractual relationships their parties do not cease their existence as civil society actors through the termination of the obligation. Furthermore, membership relationships are not fully specified, their incompleteness is filled by decisions of the administration. Within membership relationships a corporation cannot possess power over its members.

Membership relationships can be seen as civil institutional relationships being property relationships in a broad sense.

Keywordsmembership relationship, corporate relationship, civil institutional relationships, corporation, participation rights, information
Received25.05.2019
Publication date14.06.2019
Number of characters17245
Cite  
100 rub.
When subscribing to an article or issue, the user can download PDF, evaluate the publication or contact the author. Need to register.

Number of purchasers: 2, views: 1481

Readers community rating: votes 0 

1. Agarkov M.M. Uchenie o cennyh bumagah // Agarkov M.M. Osnovy bankovogo prava. Uchenie o cennyh bumagah. M., 1994. P. 267, 268.
2. Alchian A.A., Demsec G. Proizvodstvo, informacionnye izderzhki i ekonomicheskaya organizaciya // Vestnik molodyh uchenyh. Cer. «Ekonomicheskie nauki». 2002. ¹ 6. P. 114 - 129.
3. Asoskov A.V. Pravovye formy uchastiya yuridicheskih lic v mezhdunarodnom kommercheskom oborote. M., 2003.
4. Bratus' S.N. Yuridicheskie lica v sovetskom grazhdanskom prave. M., 1947.
5. Dubovickaya E.A. Evropejskoe korporativnoe pravo. 2 izd., perab i dop. M., 2008.
6. Kaminka A.I. Akcionernye kompanii. T. 1. SPb., 1902.
7. Kaminka A.I. Ocherki torgovogo prava. M., 2002. P. 295, 310, 326.
8. Kozlova N.V. Pravosub"ektnost' yuridicheskogo lica. M., 2005. P. 10.
9. Kouz R. Firma, rynok, pravo. M., 2007.
10. Lomakin D.V. Ocherki teorii akcionernogo prava i praktiki primeneniya akcionernogo zakonodatel'stva. M., 2005.
11. Lomakin D.V. Akcionernoe pravootnoshenie. M., 1997.
12. Pozner R. Ekonomicheskij analiz prava. T. 1. SPb., 2004. P. 68.
13. Sajmon G.A. Racional'nost' kak process i produkt myshleniya // THESIS. 1993. Vyp. 3. P. 16–38.
14. Suvorov N.S. O yuridicheskih licah po rimskomu pravu. M., 2000.
15. Suhanov E.A. Sravnitel'noe korporativnoe pravo. M., 2014.
16. Uil'yamson O.I. Povedencheskie predposylki sovremennogo ekonomicheskogo analiza // Tam zhe. P. 39–49.
17. Uil'yamson O.I. Ekonomicheskie instituty kapitalizma. SPb., 1996. P. 71, 436.
18. Cepov G.V. Problema omonimov, ili Dopustima li unifikaciya pravovogo regulirovaniya sobranij? // Zakon. 2016. ¹ 12. P. 139–148.
19. Cepov G.V. Razmyshleniya po voprosam korporativnogo prava // Gosudarstvo i pravo. 2014. ¹ 12. P. 63 - 68.
20. Shershenevich G.F. Kurs torgovogo prava. T. 1. Ch. 1. Kazan', 1888. P. 177–314.
21. Berle A.A., Means G.C. The Modern Corporation and Private Property. N.Y., 1967.
22. Cheffins B.R. Corporate Ownership and Control. Oxford, N.Y., 2010.
23. Coase R. The Nature of the Firm // Economica. New Series. 1937. Vol. 4. Iss. 16. P. 386–405.
24. Easterbrook F.H., Fischel D.R. The Economic Structure of Corporate Law. Cambridge. Harvard, 1996.

Система Orphus

Loading...
Up