Constitutional Foundations of Corporate and Financial Law
Constitutional Foundations of Corporate and Financial Law

Author(s): Orlin Kolev
Contributor(s): Savina Mihaylova-Goleminova (Editor)
Subject(s): Law, Constitution, Jurisprudence, Civil Law, Commercial Law
Published by: Сиела Норма АД
Keywords: economic system; social system; political system; economic principles; direct democracy and impact on economic system; education and impact on economic system; taxes; property; financial control
Summary/Abstract: This chapter examines the constitutional foundations of corporate and financial law. It examines the basic principles that determine the functioning of the economic system. It also considers the relationship of the various constitutionally established systems and their interaction with the corporate and financial systems. The main systems that indirectly influence the economic environment are identified, and the impact of social and political systems on the corporate and financial environment is considered. The chapter examines the institutions of direct democracy as a possible mechanism for influencing economic processes. It also examines education as one of the main systems that could have a long-term impact on economic activity and economic processes, determined mainly by corporate and financial law. The key institutes having an immediate impact on the corporate and financial system are reviewed, with attention to the economic elements of public law such as tax setting and financial control in general, and ownership as the main mechanism driving economic activity.

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