The same logic supports an investigation into the need to govern

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mahbubamim077
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The same logic supports an investigation into the need to govern

Post by mahbubamim077 »

Our theory is that such regulatory platforms (documents that contain a set of standards) are structured in three levels: primary, secondary (accessory) and tertiary (lateral). The primary platform is the constitutive act: articles of association or bylaws. The secondary (or accessory) regulatory platforms are the parasocial agreements: agreements between shareholders (contractual companies) and shareholders (statutory companies). Finally, the tertiary (or lateral) regulatory platforms, which say much more about the company than about society, such as internal work regulations, codes of ethics and conduct ( compliance ) among many others.

First of all, contrary to what some propose – a minimalist bulk sms services in ghana understanding of the articles of association –, it does not seem to us that the matters that can be set forth in the articles of association are limited to what is contained in the law governing the respective type. It seems to us that it is up to the partners to decide on what is or is not subject to provision in the primary regulatory platform (article of association), as well as in the others (secondary and tertiary), although, yes, respecting what the law determines and what it prohibits.

Obviously, when choosing to make a certain provision part of the articles of association, it will compose the corporation's DNA. Thus, whether or not to include a provision in the articles of association is, in itself, a technique. That is why we are talking about strategic management of legal-business possibilities.

There is an interesting case that happened here in Minas Gerais. About a decade ago, a limited liability company was established to exploit a certain mining right: a mining company. The articles of association included a series of clauses that could be defined as heterodox, that is, they were not common in limited liability companies and, more importantly, in mining companies.
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