European Private Companies as an Attempt at a Unifi ed SME Sector in the European Union Cover Image

Europejska spółka prywatna jako próba ujednolicania sektora MŚP w UE
European Private Companies as an Attempt at a Unifi ed SME Sector in the European Union

Author(s): Leszek Michalczyk
Subject(s): Economy
Published by: Centrum Europejskie Uniwersytetu Warszawskiego
Keywords: SME; European Private Companies

Summary/Abstract: The article is one in a small cycle of publications in which the author explores legal and economic aspects of operating a business according to EU legislation. In this article, we look at some of the opportunities created by European Private Companies.The implementation of EPC in the EU reveals efforts to unify the organisational principles of the pan-European market. However, it has certain shortcomings typical of EU legislations resulting from the impossibility (or unwillingness) to take measures more radical than those specifi ed in the regulations for legal norms of EU directives. If it were decided that the existence of such bodies were justifi ed (which does not seem that obvious), decree-based measures should be applied – at least to those international entities which operate within member countries. The analysis conducted in the present article takes into consideration detailed rules of authorization, proportions and subsidiarity. Issues under analysis are illustrated by several cases of EU legal resolutions. In the section devoted to economic analysis, we propose a number of solutions which could capitalise on the scope of EPC within Poland’s economic reality.

  • Issue Year: 18/2014
  • Issue No: 2 (70)
  • Page Range: 91-106
  • Page Count: 16