Joint stock companies having the local government as sole shareholder – some practical remarks in the case of Romania

• Authors: Emõd Veress
• Languages of publication: EN

Abstracts

EN

As a general rule, a joint stock company is based on a contract, therefore at least two shareholders are necessary to establish such a business entity. A sole shareholder joint stock company has an exceptional character, because it can be founded only by the state or by the local government. In the Romanian jurisprudence recently several important problems were raised regarding the operation of sole shareholder joint stock companies, therefore a detailed analysis of the court cases dealing with the representation of the interests of the sole shareholder and with judiciary control over the activity of such companies seems pertinent.

Keywords

EN

joint stock company; state as sole shareholder; local government as sole shareholder

PL

joint stock company; state as sole shareholder; local government as sole shareholder

• Publisher: Uniwersytet Opolski
• Journal: Opolskie Studia Administracyjno-Prawne
• Year: 2017
• Volume: 15
• Issue: 4
• Pages: 69-84

Dates

published

2017-12-10

Contributors

author

Emõd Veress

Identifiers

DOI

10.25167/osap.1233