Projects / Programmes
Management structure of corporations - corporate governance
| Code |
Science |
Field |
Subfield |
| 5.05.00 |
Social sciences |
Law |
|
| Code |
Science |
Field |
| S144 |
Social sciences |
Industrial and commercial law |
management structure, corporate governance, control and competences in a company, public companies, employee representation, disclosure, conflicts of interests
Researchers (7)
Organisations (1)
Abstract
The research field in the project is the corporate structure of corporations. Corporate governance can be defined in a variety of ways, generally it involves the mechanisms by which a business enterprise, organised in a limited liability corporate form, is directed and controlled. Over the past decade, interest in the role that corporate governance plays in economies, and particularly in capital markets, has increased. Major corporate governance difference embedded in law relates to board structure - the use of a unitary versus a two-tier board systems. Both types of systems recognise a supervisory function and a managerial function, although the distinctions between the two functions tend to be more formalised in the two-tier structure. The Slovenian Law on Commercial Companies is based on the two-tier board systems, but also limited allows a unitary system. The research will analyse the proper governance structure of corporations in the post privatisation era, particular in public companies, where the process of consolidation of control is in progress, either with takeovers or by other types of concentration. The study will identify and compare existing legislation of corporate governance (legal framework) and differences in corporate governance practices through an analysis of corporate governance codes in various west European countries of and also in Eastern European countries. The research will be base on the premise that there is a "fundamental" difference between stakeholder and shareholder interests. In foreign countries in the area of corporate governance company law is supplemented by Codes, which have been beneficial in a number of ways, they are flexible and non-binding. The project will present guidelines for Slovene "Corporate governance Code" and also give groundwork for changes and adjustments of Slovenian legislation "de lege ferenda".
