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Legal Regulation of Entrepreneur’s Conduct in Slovakia

Author

Listed:
  • Holub Dušan

    (University of Economics in Bratislava, Faculty of Commerce, Department of Business Law, Dolnozemská cesta 1, 852 35 Bratislava, Slovakia)

  • Magurová Hana

    (University of Economics in Bratislava, Faculty of Commerce, Department of Business Law, Dolnozemská cesta 1, 852 35 Bratislava, Slovakia)

Abstract

The article provides characteristics of legal regulation of the conduct of entrepreneurs, including the analysis of a new element of the Slovak law – so-called “disqualification”. It consists in a prohibition (by a court order) to perform functions of a member of the statutory or supervisory body in a company or co-operative, as well as in a prohibition to act as a director of the organisational unit of an enterprise, as a director of an enterprise of a foreign party, or as a procurator. Entrepreneurs are entitled to act on their own name. We distinguish direct and indirect (mediated) acts of entrepreneurs. When acting directly, the entrepreneur acts personally (for individuals) or through the statutory body (for legal entities). Indirect (mediated) acts of entrepreneurs consist in manifestation of the will through a third person, who acts on behalf of the entrepreneur (so-called statutory representation).

Suggested Citation

  • Holub Dušan & Magurová Hana, 2017. "Legal Regulation of Entrepreneur’s Conduct in Slovakia," Studia Commercialia Bratislavensia, Sciendo, vol. 10(37), pages 5-17, June.
    • Handle: RePEc:vrs:stcomb:v:10:y:2017:i:37:p:5-17:n:1
    DOI: 10.1515/stcb-2017-0001
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    Keywords

    Entrepreneur’s conduct; representation; procuration; disqualification;
    All these keywords.

    JEL classification:

    • K2 - Law and Economics - - Regulation and Business Law
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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