Współczesne problemy nadzoru korporacyjnego. Przypadek struktur piramidowych

• Authors: Maria Aluchna

Title variants

EN

CURRENT ISSUES ON CORPORATE GOVERNANCE. PYRAMIDAL STRUCTURES CASE

• Languages of publication: PL

Abstracts

EN

The corporate governance analyses are rooted in the research on ownership structure and refer to the problems of principal-agent conflicts as well as to conflicts between dominant and minority shareholders. Pyramidal structures are specific type of ownership created for separation of control and cash flow rights and for lowering the capital involvement at a certain control level executed by dominant shareholders. The paper focuses on the presentation of pyramidal structure characteristics and discusses the corporate governance challenges. The paper analyses pyramidal structures as a specific type of ownership structure. It discusses the separation of control and cash flow rights and points at main governance challenges. Additionally, it analyses the popularity of pyramidal structures across the world referring to Polish listed companies.

Keywords

EN

PYRAMIDAL STRUCTURES CASE; CORPORATE GOVERNANCE

• Publisher: Wydział Zarządzania - Uniwersytet Gdański
• Journal: Prace i Materiały Wydziału Zarządzania Uniwersytetu Gdańskiego
• Year: 2011
• Volume: 2
• Issue: 1
• Pages: 13-21

Contributors

author

Maria Aluchna

• Katedra Teorii Zarządzania, Szkoła Główna Handlowa