Prospects for Further Digitization of Corporate Relations

Abstract

This paper is aimed at studying the prospects for further digitization of corporate relations in Russia. It appears that the introduction of advanced information technologies into corporate practice is a promising direction for the development of corporate relations in the Russian Federation. In this regard, an adequate legal framework must be created, which would allow using information and communication technologies in corporate relations. In order to achieve the goals set, the authors, firstly, have analyzed the issues of the essence and the content of corporate relations; secondly, consideration has been given to the issues of the use of information technologies during the exercise of right of participants of the corporation to participate in management. Dialectic and materialistic cognition method, special scientific methods (logical, systematic, functional) and specific scientific methods (technical, documentary analysis) have been used in the course of research. Based on the research findings, the authors have drawn a conclusion about the need of systematization of Russian legislation in the field of regulation of corporate relations. Furthermore, the authors have shown the need for the introduction of the obligatory use of information and communication technologies by joint stock companies with more than 50 shareholders during the Annual General Meeting of Shareholders. Research results can be introduced in the form of amendments into the current corporate legislation of the Russian Federation and in the law enforcement practice for the purposes of further digitization of corporate relations in Russia.