Codex Of Corporative Management In Economy Of Republic Of Serbia
Codex Of Corporative Management In Economy Of Republic Of Serbia

Summary/Abstract: Codex of corporative management (in further text: Codex) contains rules of management and of supervising management in corporations. As pointed out in the preamble of the Codex, this Codex places our country in the group of regulated states that have their own national codex of corporate management. Codex is characterized by generality and is defined by a whole set of original solutions that are a contribution to development of autonomous laws and practice of good corporative management. Institutionalization of this practice and its promotion within chambers of commerce contribute to the following: strengthening of the authority of law, recognition of quality corporative management practice, more transparency within both practice and law, and towards opening of doors that lead to the culture of legal rights and the rule of law. Nothing but this will lead us towards development of legal framework and institutions that implement it. Nothing but this will free the law from rigid boundaries and political limitations. A law that is freely defined leads to a free economy. Such a business environment is dominated and ruled by quality management practice, answerable only to the investors. That is the only way for an economy to transform itself from a political pawn into an economy that is both market-oriented and competitive.

• Details
• Contents