The Quantity of Candidates, Who Have Earned More than 50% of the Votes from the Meeting Participants, Exceeds the Quantitative Composition of the Body of the Company

11 Pages Posted: 26 Dec 2015

See all articles by Andrei Glushetskiy

Andrei Glushetskiy

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA)

Vigen Babkenovich Minasyan

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Research Laboratory of Corporate Strategies

Date Written: December 17, 2015

Abstract

Business companies are often faced with unusual situations that are not regulated by law. In particular, what should be done in case when the quantity of candidates who have earned more than 50% of the votes from the Meeting participants exceeds the quantitative composition of the body of a company? The article analyzes the conditions under which such situation may occur and provides recommendations for settlement of its consequences.

Keywords: Quantitative composition of the body of a company, the quantity of candidates included in the ballot paper, the quantity of times of voting 'for'

JEL Classification: C15, G31, G32, G30

Suggested Citation

Glushetskiy, Andrei and Minasyan, Vigen Babkenovich, The Quantity of Candidates, Who Have Earned More than 50% of the Votes from the Meeting Participants, Exceeds the Quantitative Composition of the Body of the Company (December 17, 2015). Available at SSRN: https://ssrn.com/abstract=2704845 or http://dx.doi.org/10.2139/ssrn.2704845

Andrei Glushetskiy

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) ( email )

Vernadskogo Prospect 82
Sredny av. V.O., 57/43
Moscow, St. Petersburg 119571
Russia

Vigen Babkenovich Minasyan (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Research Laboratory of Corporate Strategies ( email )

Moscow
Russia

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