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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Executive and non-executive board members in the context of czech law and czech corporate governance code
 Syrovátka, Vojtěch ; Hurychová, Klára (advisor) ; Tomášek, Petr (referee)
Executive and non-executive board members in the context of czech law and czech corporate governance code Abstract This thesis analyses the division of responsibilities in boards of directors, focusing on executive and non-executive directors. The regulation of unitary boards was recently amended in the Czech Republic. The previous regulation was perceived as unclear. This may be one of the reasons why most Czech companies is using a two-tier board structure, which separates the supervisory function and the management function of the board. The question remains: Will the amendment of unitary boards cause more companies to use non-executive directors? Provisions regarding the participation of non-executive directors on boards are often located in soft law. The Czech Corporate Governance Code contains the provisions in the Czech Republic, which is why the first part of the thesis provides information on corporate governance and corporate governance codes. The second part of the thesis offers a brief review of the historical development of non-executive directors in countries where the unitary board model originated. This part focuses on soft law regulation in the United Kingdom. It subsequently analyses soft law regulations concerning non-executive directors in different countries worldwide and compares them...
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