Legal responsibility of heads of organizations: Russian perspectives taking into account foreign experience

The article, based on Russian and foreign legal material, shows that the general trend towards increased responsibility of companies’ directors and officers is intensified by the legalization of the «success fee», or rather, its most radical type - contingency fee, as well as the emergence of the institution of litigation finance. This trend can be offset by executive liability (D&O) insurance, which also has a positive effect on the corporate governance.