Economic crimes are part of mercenary crime directly related to economic relations in the country and in the world. Understanding of this group of acts is even more uncertain than self-serving crime itself. Nevertheless, these crimes are considered in many countries as a relatively independent group. And there are many reasons for this – economic, social, criminological and even political.
The criminological significance and volumes of economic crime do not coincide in countries with command and market economies, but in any society it cannot be ignored. Continue reading
For you, as a founder, it is of utmost importance to maintain control of the company. Therefore, it is extremely important at an early stage to pay attention to corporate governance issues, especially the composition of the board of directors. This will help to give out cards in your favor before any subsequent rounds of financing, when investors show interest. If you do not think about the issue of corporate governance in advance, this can be detrimental. Having lost control of the board of directors, you can hardly restore it.
Fortunately, founders can rely on several legal strategies to maintain control over their advice and companies. The extent to which they will apply these strategies will depend on their familiarity with them and on their use in fundraising negotiations. Continue reading