320 LEGAL REGULATION OF ECONOMIC RELATIONSHIPS: THEORY AND PRACTICE KUTAFIN UNIVERSITY LAW REVIEW ECONOMIC PRINCIPLES OF RESPONSIBILITY By Sergey Bortnikov (Russian Federation) Author PhD, Associate Professor of the Department of Civil Procedural and Business Law, Samara State University 111a Vodnikov St., Samara, Russia, 443099 serg-bortnikov@yandex.ru Abstract The paper examines the factors influencing the establishment and development of a company, as well as the legal form and economic content of responsibility process. <...> The author focuses on differentiation of legal capacity in the market relations and market of components comprising organizational unity of the company with regard to responsibility. <...> Keywords transactions, company, legal capacity, market, costs, management, responsibility, enforcement 10.17803/2313-5395.2016.2.6.320―330 www.kulawr.ru Volume 2 Оctober 2016 Issue 2(6) Sergey Bortnikov Economic Principles of Responsibility 321 Though economic activities have been performed by the mankind for thousands of years, the institute of “property responsibility” is still a controversial and not thoroughly studied issue. “Property responsibility” in the economic literature is considered somewhat broader than in the legal literature. <...> Responsibility in its legal meaning is considered as state enforcement imposed to execute the requirements of law, as the legal relation where each party must answer to the other party, the state, and society for its actions.1 Does it mean that legal responsibility is an obligation to be responsible for something, to suffer the consequences, to experience the sanctions? <...> What is a mean to influence economic interests of economic relations participants? <...> Responsibility peculiarities defined in the legal theory (in the literature of the Soviet period) define responsibility as a measure of state enforcement based on legal and public censure of an offender and expressed in the establishment of certain negative consequences in the form of personal or proprietary restrictions. <...> Even nowadays 1 Nazarov V. L. Legal Responsibility // Legal Encyclopedic Dictionary / Senior editor: A. Ya. <...> Volume 2 Оctober 2016 Issue 2(6) www.kulawr.ru 322 KUTAFIN UNIVERSITY LAW REVIEW this thesis is supported by a number of scholars. <...> V. K. Babaev3 and S. S. Alekseev4 defined legal responsibility as an application of state enforcement measures to person guilty of a violation. <...> This quality of an offender presumes that a competent authority <...>