Corporate Governance Provisions of the Hungarian Company Act of 2006
Corporate Governance Provisions of the Hungarian Company Act of 2006
Author(s): András KecskésSubject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: company law; corporate governance; Hungarian Company Act 2006
Summary/Abstract: The past decade brought special focus to corporate governance. The process was largely effected by experiences deriving from frauds and corporate scandals. As a part of the 2006 Hungarian company law reform many of the Anglo-saxon corporate governance provisions where adopted in the new Hungarian Company Act. The flexible implementation of those rules neared the system of Hungarian corporate governance to the International and European standards offering the investors a broad scale of various practices.
Journal: Analele Universității de Vest din Timișoara - Seria Drept
- Issue Year: 2011
- Issue No: 1
- Page Range: 47-52
- Page Count: 6
- Language: English