Publication Type
Working Paper
Version
publishedVersion
Publication Date
6-2019
Abstract
This paper seeks to provide some policy recommendations for the improvement and modernization of corporate law in Ecuador. These proposals have been based on the international literature and the particular features of Ecuador (that is, a country with many micro and small companies, state-owned enterprises, underdeveloped capital markets, unsophisticated courts, among other aspects). Secondly, since the legal, economic and institutional features of Ecuador can be found in other Latin American countries, this paper also seeks to be helpful to other countries in the region planning to reform their corporate laws. Finally, this paper seeks to contribute to the improvement and internationalization of the academic and policy debate in Ibero-America, with the ultimate purpose of advocating for legal and institutional reforms that can promote entrepreneurship, innovation, access to finance, and economic growth.
Keywords
corporate law, corporate governance, controlling shareholders, SOEs, judiciary, capital markets, tunneling, related party transactions, access to finance, economic growth, Ecuador
Discipline
Business Organizations Law | Commercial Law
Research Areas
Corporate, Finance and Securities Law
First Page
1
Last Page
75
Identifier
10.2139/ssrn.3383861
Publisher
Ibero-American Institute for Law and Finance, Working Paper 2/2019
Citation
Aurelio GURREA-MARTINEZ and CORONEL JONES, Cesar.
Propuesta para la mejora y modernización de la legislación societaria en Ecuador [Proposal for the improvement and modernization of corporate law in Ecuador] in Spanish. (2019). 1-75.
Available at: https://ink.library.smu.edu.sg/sol_research/3638
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.2139/ssrn.3383861