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The specialized committees in the management of public corporations

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  • Petya Dankova

Abstract

The focus is on the opportunities to achieve a good management of the public corporations by setting up committees to the corporate boards. The nature of the good corporate management is highlighted, proposing three levels and specifying the place of the corporate board in this process. The necessity of establishing such committees is elucidated, presenting the main types, generated in practice. The requirements for setting up an audit committee in the public corporations in Bulgaria are introduced pursuant to the amendments of the Law on the independent financial Audit from July 2008.

Suggested Citation

  • Petya Dankova, 2011. "The specialized committees in the management of public corporations," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 95-108.
    • Handle: RePEc:bas:econth:y:2011:i:2:p:95-108
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    More about this item

    JEL classification:

    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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