The article by the expert of the NII KPU, analyst of the Institute of Economic Strategies Sergey Lutsenko “Fiduciary principles - preventive measures against the destruction of the value of the company” (J. “Financial Manager”, No. 1, 2020) was appreciated by the Department of Economic Legislation of the Ministry of Justice of the Russian Federation and will be used in the work of the department.

The author considers fiduciary principles that help protect company assets from dishonest behavior of a leader (including a financial director) who can make transactions in personal interests (self-dealing). In the company's charter, it is necessary to fix the behavioral model of the leader, which will help participants (shareholders, owners) to orient the management policy in the interests of the company, fixing the mechanism of “implied restrictions”.

Read the full article in Expert library NIIKPU.