Sources of Legal Regulation of Corporate Responsibility in the USA

The purpose of the study. The article examines the history of the collapse of one of the largest corporations in the world, the measures taken by the President and the US Government in connection with its bankruptcy. The stated problems are of increased interest from the perspective of the development of corporate law in Russia, since our state is among the developing countries of the world, which determines the need to study and adopt the experience of developed countries in the regulation of corporate legal relations. The sphere of corporate governance is particularly complex and of fundamental importance for the normal functioning of the state. Violations of corporate legislation, abuses by managers can lead to large-scale negative consequences: a decrease in confidence in business entities, government agencies and officials, destabilization of the country's economy, an increase in unemployment, an increase in the burden on the judicial system due to the mass filing of individual and collective lawsuits. The damage caused to the company and led to its bankruptcy also affects the country's economy, especially when it comes to corporations occupying a serious niche in the domestic market. The purpose of the study was to identify the most promising ways to combat corporate fraud, prevent the commission of other crimes related to the activities of corporations, and conclude that the US experience can be used in relation to the Russian legal system. Conclusions. The necessity of smooth implementation of a set of measures aimed at expanding corporate responsibility into the Russian legal reality has been established: reform of criminal legislation, additional regulation of the responsibility of audit entities.