CEU Electronic Theses and Dissertations, 2012
| Author | Kovacsics, Petra |
|---|---|
| Title | Employee Representation at Board-level: The Hungarian Regulation in a Comparative Corporate Governance Aspect |
| Summary | The aim of the current thesis is to show the weak points of the Hungarian regulation on employee representation at board level and to recommend possible solutions. The research focuses on the present law from a corporate governance perspective. The underlying hypothesis of this thesis is that although the Hungarian Business Association Act obliges all companies above a certain size to provide seats in the supervisory board for employee representatives, in practice the institution of EBLR is rather weak. The analysis shows that it is mainly for two reasons. First, the role of the Hungarian supervisory board is not strong enough. Second, the enforcement of the rules on EBLR is insufficient, because the legislator has provided too many and (vague) possibilities for opting out. Through a comparative analysis of the Hungarian and German system this paper concludes that in order to attain better corporate governance the monitoring system of the corporation shall be strengthened as a whole in Hungary. |
| Supervisor | Stefan Messmann |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2012/kovacsics_petra.pdf |
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