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Doradcza rola rad nadzorczych spolek Skarbu Panstwa (Advisory role of State Owned Companies’ supervisory boards)

Author

Listed:
  • Igor Postula

    (Uniwersytet Warszawski, Wydzialu Zarzadzania)

Abstract

The article’s objective is to establish if State Owned Companies’ (SOC’) supervisory boards perform an advisory role. The regulations in force do not decide if companies’ supervisory boards may also advise management boards apart from supervising them. Nevertheless, the research conclusion is that supervisory boards may in practice advise management boards or their advisory role may constitute the form of management boards’ supervision. Moreover, supervisory boards may also advise companies’ general meetings and officials of the Ministry of Treasury. The advisory role may be performed by supervisory board that operates in gremium but also by the sole members of the boards. This kind of the members’ activity may be determined by various factors, in particular, the interests of entities that decide to appoint concrete member to the board. The common determinant of supervisory boards’ members decisions should be the interest of the company. The interdisciplinary research carried out by the author bases on regulation analysis and large sample analysis conducted among SOCs’ management and supervisory boards’ members.

Suggested Citation

  • Igor Postula, 2013. "Doradcza rola rad nadzorczych spolek Skarbu Panstwa (Advisory role of State Owned Companies’ supervisory boards)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 11(43), pages 156-173.
  • Handle: RePEc:sgm:pzwzuw:v:11:i:43:y:2013:p:156-173
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    References listed on IDEAS

    as
    1. Humphry Hung, 1998. "A typology of the theories of the roles of governing boards," Corporate Governance: An International Review, Wiley Blackwell, vol. 6(2), pages 101-111, April.
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    More about this item

    Keywords

    supervisory board; State Owned Company; advisory role; management board;
    All these keywords.

    JEL classification:

    • H82 - Public Economics - - Miscellaneous Issues - - - Governmental Property
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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