Business judgement rule in Czech Corporations Act

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14220%2F13%3A00072428" target="_blank" >RIV/00216224:14220/13:00072428 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.tribunajuridica.eu/arhiva/An3v2/9%20Koziak.pdf" target="_blank" >http://www.tribunajuridica.eu/arhiva/An3v2/9%20Koziak.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Business judgement rule in Czech Corporations Act

Popis výsledku v původním jazyce

Czech private law is currently undergoing a thorough transformation. This inclundes adoption of a brand new Corporations Act, which is to supersede the current Commercial Code. The new legislation introduces several new rules governing liability of company executive officers. One of these is the business judgment rule. It should provide company executive officers with a certain level of protection against litigantion ? if specific terms are met, it is presumed, that they carried out their responsibilities with proper care. I intend to demonstrate in this article that the Czech business judgment rule is flawed, despite the fact that it draws from foreign examples and that this regulation, although seemingly groundbreaking, in fact changes nothing in examination of the decisions of the company executive officers in Czech Republic. The main goal of this article is therefore to analyze and criticize the business judgment rule in the new Czech legislation and to compare it to notable foreig

Název v anglickém jazyce

Business judgement rule in Czech Corporations Act

Popis výsledku anglicky

Czech private law is currently undergoing a thorough transformation. This inclundes adoption of a brand new Corporations Act, which is to supersede the current Commercial Code. The new legislation introduces several new rules governing liability of company executive officers. One of these is the business judgment rule. It should provide company executive officers with a certain level of protection against litigantion ? if specific terms are met, it is presumed, that they carried out their responsibilities with proper care. I intend to demonstrate in this article that the Czech business judgment rule is flawed, despite the fact that it draws from foreign examples and that this regulation, although seemingly groundbreaking, in fact changes nothing in examination of the decisions of the company executive officers in Czech Republic. The main goal of this article is therefore to analyze and criticize the business judgment rule in the new Czech legislation and to compare it to notable foreig

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AG - Právní vědy

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Juridical Tribune

ISSN

2247-7195

e-ISSN

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Svazek periodika

3

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

10

Strana od-do

126-135

Kód UT WoS článku

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EID výsledku v databázi Scopus

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