The penal responsibility of the traditional governing bodies on the finances of the joint-stock company

Abstract

The Algerian legislator dealt with violations related to management and funds, which can be committed by the conductor of a joint-stock  company with a traditional style during the performance of his duties, due to the active role he plays in the most suitable type of  companies for the huge projects that It is carried out by the state, namely. Therefore, a penal responsibility was arranged on it in case  these bodies committed violations that affect their funds, such as profits, balance sheets and capital, and what may result from that  enfringement such as bankruptcy and liquidation, stipulated in the Commercial Law, with the aim of protecting their dealers, especially those with good faith. However, it is noted that this treatment was not successful. This study attempts to focus on the responsibility of  these bodies in the joint stock company in comparison with French law, and the consequent penal and financial penalties, which  highlights the seriousness of these crimes on the public and private level of the company.