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The Lawful Execution Of Employer Rights Is An Important Subsystem Of Corporate Governance (A Labour Case Study)

Author

Listed:
  • Zoltan Imre Nagy

    (Obuda University)

  • Viktor Valo

    (Obuda University)

Abstract

In the world of work, the political transition created a difficult situation in Hungary which has become even less favourable in the 2010s. Employees are exposed to numerous infringements. The case study presented at previous MEB conferences and continued herein illustrates the vulnerability of employees. The case study provides an excellent opportunity for the presentation of the special Hungarian labour law (the conclusion of an employment relationship, payment of wages, performance of work, trial period, termination, corporate dismissal, etc.) and for summarising the lessons learned. In addition to the court judgement involving heavy expenditure, it can also be concluded that successful corporate work can only be achieved by respected and skilled employees, and the loyalty of employees is the key source of results. This, in turn, can only be achieved if the representatives of the owners and the management of the company pay great attention, as a subsystem, to the lawful employment and motivation of employees.

Suggested Citation

  • Zoltan Imre Nagy & Viktor Valo, 2013. "The Lawful Execution Of Employer Rights Is An Important Subsystem Of Corporate Governance (A Labour Case Study)," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 3, pages 201-217, September.
    • Handle: RePEc:cmn:journl:y:2013:i:3:p:201-217
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    References listed on IDEAS

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    1. Andras Simonovits, 2013. "Does Higher Tax Morale Imply Higher Optimal Labor Income Tax Rate?," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 2, pages 97-114, June.
    2. Imre Zoltán Nagy, 2007. "Arbeitsrechtliche Aspekte der Unternehmensführung - die Eigenartigkeiten des ungarischen Arbeitsrechtes durch eine konkrete Fallstudie," Proceedings-5th International Conference on Management, Enterprise and Benchmarking (MEB 2007),, Óbuda University, Keleti Faculty of Business and Management.
    3. Imre Zoltán Nagy, 2008. "Firmenrechtliche und arbeitrechtliche Maßnahmen in Rechtseinheit als wichtige Elemente der Unternehmensführung (durch eine konkrete Fallstudie)," Proceedings-6th International Conference on Management, Enterprise and Benchmarking (MEB 2008), in: György Kadocsa (ed.),6th International Conference on Management, Enterprise and Benchmarking MEB 2008-Proceedings, pages 145-159, Óbuda University, Keleti Faculty of Business and Management.
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    Cited by:

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    2. Zuzana Machova & Igor Kotlan, 2014. "Expenditures on Collective and Individual Services: Discussion on the Classification of Government Expenditures with Regard to their Inclusion into Growth Models," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 4, pages 287-296, December.

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