THE DICHOTOMY OF CORPORATE FINANCIAL INTERESTS, THE ACTIVITY OF THE SHAREHOLDER AND THE SOCIAL AGENDA

Abstract

The author examines the specifics of the company’s economic activity in the context of the social agenda. The purpose of a commercial organization corresponds to ESG factors. The company operates according to the «rules of the game» proposed by the social state under the terms of the social contract. The company is presented as a product of legal technology, which is backed by the financial interests of the shareholder. Investors influence the behavior of the owner, orienting the latter to take into account the social interests of society. It is proposed to create a Lin-laboratory in order to resolve the conflict of interests between the sharelolder, the management of the company and other interested parties.