The Status of the Law on Stock Companies in Central and Eastern-Europe: Facing the Challenge to Enter the European Union and Implement European Company Law
Journal
European Business Organization Law Review
ISSN
1566-7529
Type
journal article
Date Issued
2003-06-01
Author(s)
Arlt, Marie-Agnes
;
Bervoets, Cécile
;
Grechenig, Kristoffel
;
Kalss, Susanne
Abstract
Most of the countries that are candidates for EU membership are from Central and Eastern Europe. Although their company laws are generally rooted in the Western (and Central) European legal tradition, the influence of Communism has also left a mark on their corporate law regimes. These regimes have recently undergone major changes, and the European Commission has declared that they are now largely in conformity with EU standards. As to rules concerning corporate governance in stock companies, European company law still leaves ample scope for national particularities. Central and Eastern European laws concerning stock companies allow for a great variety of different organisational structures, including pure two-tier systems, mixed systems and systems that provide a choice between one-tier and two-tier systems.
Language
English
HSG Classification
contribution to practical use / society
Refereed
No
Publisher
T.M.C. Asser Press
Publisher place
The Hague
Volume
4
Number
2
Start page
245
End page
272
Pages
28
Subject(s)
Division(s)
Eprints ID
39315