Regarding the classification of a partner or shareholder as a dependant employee

This article analyzes the juridical controversy related to whether a person that providesservices to a company in which is partner, can be qualified or considered as adependent employee of it. In order to accomplish that purpose, the article providesa critical study of the doctrine of the Chilean Department of Labor (Dirección deTrabajo) in contrast to the jurisprudence of the Chilean courts of justice. From there,the author develops criteria that can serve as guidance towards the resolution of disputesof this nature. To this end, an interdisciplinary study is done, which combinesboth the essential elements of the contract of employment, mainly the element ofalienation, with the characteristics of each type of company.

Ownership structure and risk at Colombian banks

The separation between ownership and the control of capital in banks generates differences in the preferences for risk among shareholders and the manager. These differences could imply a corporate governance problem in banks with a dispersed ownership, since owners fail to exert control in the allocation of capital. In this paper we examine the relationship between the ownership structure and risk for Colombian banks. Our results suggest that a high ownership concentration leads to higher levels of risk.