Management Board In Stock Corporations Of Georgia And Germany

Georgia is one of the few countries with transition economies that was born after collapse of Soviet Union. For transition economies to overcome problems related to stable market, foreign investment and generally development is crucial the existence of conformable legislation basis. One of the parts of this legislation are corporate governance rules and company law which plays big role in ensuring formation of transparent and attractive environment for investing foreign capital. In this work I will answer some questions regarding attractiveness of company law and corporate governance rules in Georgian Joint Stock Companies. More attention will be paid to detailed analysis of rules regarding appointment, functions and revocation of management board. In the end recommendations for perfection of the legislation will be provided, which is important and will contribute to development of corporate governance rules in compliance with instructions of international financial organizations and legislations of developed countries. The book is intended for anyone interested in the corporate governance issues, modern systems of management and legal regulations.