Law, Financial Stability and Economy

A special issue of Laws (ISSN 2075-471X).

Deadline for manuscript submissions: closed (31 March 2023) | Viewed by 4905

Special Issue Editor


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Guest Editor
School of Law and Economics, Shandong University of Technology, Zibo 255030, China
Interests: business law; law and economics

Special Issue Information

Dear Colleagues,

Although it occurred a decade ago, the last global financial crisis has raised awareness of the interrelationships between law, financial stability and economic development among academia, the financial sector, sovereign governments and international organizations around the globe. Thus far, a consensus has been reached worldwide that the financial market has a substantial influence on economic development, either positive or negative. Thus, for the financial market to enhance economic development, a series of institutions ought to be effectively devised to maintain its stability for major commercial as well as emerging and transitional jurisdictions. Based on the lessons learnt from previous financial crises, it is evident that law plays a crucial role among all infrastructural institutions for consolidating financial stability, which in turn means that law is also an essential factor to impel economic development for every commercial jurisdiction.

We cordially invite submissions to this Special Issue on the topic of “Law, Financial Stability and Economy”, with doctrinal and/or interdisciplinary methodology.

Prof. Dr. Lin Zhang
Guest Editor

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Keywords

  • Law 
  • Financial Market
  • Stability
  • Economy 
  • Development

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Published Papers (1 paper)

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Research

13 pages, 238 KiB  
Article
Innovations and Analogies in the Legal Regulation of Withdrawal from a Limited Liability Company under Current Russian Law
by Viktor A. Mikryukov
Laws 2021, 10(2), 21; https://doi.org/10.3390/laws10020021 - 27 Mar 2021
Viewed by 3860
Abstract
The purpose of the study is to highlight the most significant legal gaps in the mechanism under study, find doctrinally relevant ways to overcome them casually in law enforcement, and propose options for generally filling the gaps in rulemaking. It is equally important [...] Read more.
The purpose of the study is to highlight the most significant legal gaps in the mechanism under study, find doctrinally relevant ways to overcome them casually in law enforcement, and propose options for generally filling the gaps in rulemaking. It is equally important to test the effectiveness of the analogy as a means to combat legal gaps. The methodological framework was formed by general (analysis, synthesis, abstraction, and concretization) and specific (comparative, formal, and technical legal) scientific research methods. The positive role of analogy as a method of combating legal uncertainty and the formation of legislative innovations was confirmed. The conclusion was made about the absence of a formal need for additional legislative authorization for Limited Liability Companies’ members to create a conditional or individualized withdrawal procedure. Backed by the legal analogy, the necessity to extend the freedom-of-contract doctrine in determining the fair value of a withdrawing shareholder’s share was argued. The achievements provided the basis for specific practical proposals to enhance existing Russian legislation and harmonize corporate relationships, which should improve Russia’s business climate. Full article
(This article belongs to the Special Issue Law, Financial Stability and Economy)
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