Mediation as an Alternative Way of Settling Corporate Governance Disputes

Tatiana I. Zamorska, Artem V. Frolov

A number of large-scale corporate scandals that occurred during the last decade (Enron and Parmalat collapses at the beginning of the XXI century followed by default of Lehman Brothers just a couple of years later) have substantially swayed the level of trust in companies and corporations on the part of investors and once again highlighted the importance of having a strong and effective corporate governance system within a company. Any effective system of corporate governance shall, in its turn, provide for an effective mechanism to resolve existing and potential conflicts within the company…