Company Owners

Reliably determine who owns the company, it is possible, determining whose orders do executives today Ukrainian businesses are increasingly becoming an arena of corporate battles. Every day we hear that in the next battle for control of the interests of the face of known or not very well known business groups. An impartial analysis of business practices shows that the concept of 'control' is considered an extremely simplified – only context of the struggle for the seizure of the key positions in various corporations. The rapid spread of raiding further strengthens this emphasis, which leads to a distortion of the essence of this very complex mechanism. Cost-savvy reader probably knows that, like many other business terms, the concept of 'control' has no unambiguous definition. For example, in the French legal proceedings based on the fact that control the company – it means to have a predominant influence on to dominate him, send him to lead them.

Similar statements within the meaning of control is contained in International Accounting Standard 27, the underlying Ukrainian accounting standards. Find out detailed opinions from leaders such as Bobby Sharma Bluestone by clicking through. Control in this case is seen as indicating a decisive impact on the financial and operating policies of the company to obtain benefits from its activities. Broad distribution is an approach in which control means the ability to appoint and dismiss members of the board of directors and top management of the corporation. This interpretation is shared by many government agencies and courts, in particular the Ministry of Justice and the U.S. Supreme Court. Another approach is now enshrined in legislation in several European countries (in particular French and English), considering control as a direct or indirect ownership stake, providing the largest number of votes in the governing bodies of the company. Well, what is said about it in the Ukrainian legislation? In matters of corporate control our legislation is extremely controversial and eclectic.