VENTAJAS Y DESVENTAJAS DE LA ÚLTIMA REFORMA SOCIETARIA EN EL ECUADOR

Abstract

The purpose of this research is to inform and get the reader interested about the deep change that has taken place in the Corporate Act in Ecuador as a result of recent amendments to the “Ley de Compañías”. For this purpose, a study was been conducted through interviews with lawyers, officers and former officers of the “Superintendencia de Compañías y Valores”. This research is limited to analyze corporate issues of substance and not of form, and to study the most important advantages and disadvantages on our corporate law. After this analysis it was concluded with the most important general aspects, liberalization and bureaucratization of procedures, and secondly strengthening the supervisory powers of the “Superintendencia de Compañías y Valores”, through ex-post controls. The methodology that was applied was non-experimental and experimental, with a descriptive approach, describing the facts of the Corporate Act, showing the results of the new Corporate Act, which benefits the stakeholders and companies that are controlled by the “Superintendencia de Compañías” avoiding money laundering and tax evasion in the country.