29
Yuriy S. Shpinyov
Institute of state and law of the Russian Academy of Sciences
On the definition of investment in legislation and science
Shpinyov Yu. S. On the question of defining the concept of investment in legislation and science. Vestnik of Kostroma State University, 2020, vol. 26, № 2, pp. 217-223 (In Russ.). DOI 10.34216/1998-0817-2020-26-2-217-223
DOI: 10.34216/1998-0817-2020-26-2-217-223
УДК: 351
Publish date: 2020-03-26
Annotation: The article deals with General theoretical and practical problems of defining the concept of investment in legislation and legal science. It is noted that despite the rapid development of investment relations, there are still regulations that require either cancellation or serious revision. One of the problems is the use of the concept of investment in different meanings in the three main laws regulating investment relations. In this regard, it is emphasised that the use of a single term that allows for different interpretations contradicts the legislative technique and negatively affects law enforcement practice. The authors identify the reasons why there is no single legal definition of investment to date, the main ones being the lack of demand for the laws in question in law enforcement practice, as well as the lack of a single doctoral approach to the concept of investment. As a result, it is concluded that the scientific understanding and development of this concept with subsequent amendments to legislative acts is one of the most important tasks of the science of business law at this stage.
Keywords: investment, investment law, concept of investment, definition of investment, definitions, legal technique, investment, investment relations, investment activity, investment legal relations.
Literature list: Antipova O.M. Pravovoe regulirovanie investitsionnoi deiatel'nosti (analiz teoreticheskikh i prakticheskikh problem) [Legal regulation of investment activity (analysis of theoretical and practical problems)]. Moscow, Volters Kluver Publ., 2007, 248 p. (In Russ.) Belitskaia A.V. Pravovoe obespechenie gosudarstvennoi investitsionnoi politiki [Legal support of state investment policy]: dis. … dokt. iur. nauk. Moscow, 2018, 618 p. (In Russ.) Bogatyrev A.G. Investitsionnoe pravo [Investment law]. Moscow. Rossiiskoe parvo Publ., 1992, 272 p. (In Russ.) Boguslavskii M.M. Mezhdunarodnoe chastnoe parvo [International private law]. Moscow, 2005, 604 p. (In Russ.) Vdovin I.A. Mekhanizm pravovogo regulirovaniia investitsionnoi deiatel'nosti (istoricheskii i teoretiko-pravovoi analiz) [Mechanism of legal regulation of investment activity (historical and theoretical-legal analysis)]: dis. ... dokt. iurid. nauk. SPb., 2002, 388 p. (In Russ.) Vengerov A.B. Teoriia gosudarstva i prava [Theory of state and law]. Moscow, Iurisprudentsiia Publ., 2000, 528 p. (In Russ.) Vlasenko N.A. Kollizionnye normy v sovetskom prave [Conflict of Laws norms in Soviet law]. Irkutsk: Irkut Publ., 1984, 99 p. (In Russ.) Garmoza A.P. Opredelenie kompetentsii sostava arbitrazha, sformirovannogo na osnovanii mezhdunarodnogo investitsionnogo soglasheniia [Determination of the competence of the arbitral Tribunal formed on the basis of an international investment agreement]: dis. … kand. iurid. nauk. Moscow, 2011, 267 p. (In Russ.) Gushchin V.V., Ovchinnikov A.A. Investitsionnoe parvo [Investment law]. Moscow, EKSMO Publ., 2006, 623 p. (In Russ.) Dolinskaia V.V. Integratsionnye protsessy na territorii Evropy na primere investitsionnogo prava ES [Integration processes on the territory of Europe on the example of EU investment law]. Zakony Rossii: opyt, analiz, praktika [Laws of Russia: experience, analysis, practice], 2013, № 2, pp. 3–12. Doronina N.G., Semiliutina N.G. Gosudarstvo i regulirovanie investitsii [State and investment regulation]. Moscow, Gorodets Publ., 2003, 270 p. (In Russ.) Zakonodatel'naia tekhnika: nauchno-prakticheskoe posobie [Legislative technique: a scientific and practical guide], otv. red. Iu.A. Tikhomirov. Moscow, Gorodets Publ., 2000, 272 p. (In Russ.) Zankovskii S.S. Predprinimatel'skie dogovory v Rossii. Problemy teorii i zakonodatel'stva [Business contracts in Russia. Problems of theory and legislation]: dis. … dokt. iur. nauk. Moscow, 2004, 398 p. (In Russ.) Karatshov V.N. Perspektivnye napravleniia sovershenstvovaniia zakonodatel'noi tekhniki, taktiki i strategii v iuridicheskikh naukakh i praktikakh [Promising directions for improving legislative techniques, tactics and strategies in legal Sciences and practices]. Iuridicheskaia tekhnika [Legal technique], 2009, № 3, pp. 53–61. (In Russ.) Kashanina T.V. Iuridicheskaia tekhnika [Legal technique]. Moscow, Norma, INFRA-M Publ., 2011, 496 p. (In Russ.) Kokin V.N. Zashchita prav investora pri nedropol'zovanii na usloviiakh soglasheniia o razdele produktsii v Rossiiskoi Federatsii [Protection of investor's rights in subsoil use under the terms of the production sharing agreement in the Russian Federation]: dis. ... kand. iurid. nauk. Moscow, 2002, 187 p. (In Russ.) Kropotov L.G. Kommercheskie investitsii v ob"ekty kapital'nogo stroitel'stva. Pravovoe regulirovanie [Commercial investments in capital construction projects. Legal regulation]. Moscow, Infotropik Media Publ., 2012, 199 p. (In Russ.) Kuznetsov B.T. Investitsii [Investments]. Moscow, Iuniti Publ., 2010, 622 p. (In Russ.) Lisitsa V.N. Investitsionnoe parvo [Investment law]. M-vo obrazovaniia i nauki RF, Novosibirskii nats. issled. gos. un-t. Novosibirsk, 2015, 568 p. (In Russ.) Sokol P.V. Investitsionnyi dogovor v zhilishchnom stroitel'stve [Investment contract in housing construction]. Moscow, Os' Publ., 2004, 143 p. (In Russ.) Teoriia gosudarstva i prava [Theory of state and law], pod red. N.I. Matuzova, A.V. Mal'ko. Moscow, Iurist Publ., 2001, 776 p. (In Russ.) Teoriia gosudarstva i prava [Theory of state and law], A.F. Cherdantsev. Moscow, Iurait Publ., 1999, 429 p. (In Russ.) Teoriia gosudarstva i prava [Theory of state and law], pod red. V.K. Babaeva. Moscow, 2006, 592 p. (In Russ.) Usoskin S.V. Soglasheniia o pooshchrenii i zashchite investitsii i natsional'noe zakonodatel'stvo: o chistykh rukakh i ne tol'ko. Mezhdunarodnoe pravosudie [Agreements on promotion and protection of investments and national legislation: on clean hands and not only], 2016, № 1, pp. 104–112. (In Russ.) Kholkina M.G. Zashchita prav investorov na rynke tsennykh bumag: nauchno-prakticheskoe posobie [Protection of rights of investors on the securities market: scientific and practical guide], 2014, p. 13. SPS «Konsul'tantPlius». (In Russ.)
Author's info: Yuriy S. Shpinyov, ORCID 0000-0001-5573-0439, PhD in law, senior researcher of the business and corporate law sector of the Institute of state and law of the Russian Academy of Sciences, Moscow, Russia. E-mail: shpinev.iurii.sergrrvich@mail.ru