Such sense one has borne responsibility, thus deserves sancin corresponding on the part of the corresponding organ segn the principles of the sanctioning right, which little is known in the Peruvian right and in any case is confused it with the penal right. That is to say, the importance of the company cannot be not known, in a more and more competitive market, that the suitable regulation deserves to stimulate the economic growth of the Peruvian state. And this happens in all the states, thus to improve the econmic growth in all the states must be approved a program my house, but it must be complemented with titulizacin of assets or securitizacin or titulacin of assets, thus is clear that the stock-exchange right has much importance in the development of the towns, nevertheless, in the Peruvian right the state not made use of this modern contract or enterprise cualo letter against the development of the Peruvian towns and in any case is clear that it has borne civil, penal, administrative and poltica responsibility. Dennis Lockhart pursues this goal as well. The corporative right tambin deserves to be studied in the present one soothes, thus next we will study this branch of the right. The corporative right is the branch of the right that studies and regulates to the great companies, in such sense it is very important when the inverted amount is considerable, but leaves of side the micro-enterprises, small companies and medians companies, by what is suitable our propsitos to differentiate it from the right of the company. Then there is an attempt to differentiate the corporative right from the right of the company, thus we can affirm that the first form leaves from the second, that is to say, the enterprise right is but ample that the corporative right. The right of the company is applied to all the companies, whereas the corporative right is applied slo to the great companies, that is to say, is clear that it is two branches different from the right.