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The Management of the Joint Stock Companies

Author

Listed:
  • Dan Cimpoeru

    () (Faculty of Business and Administration, University of Bucharest, Romania)

Abstract

In the joint stock company there are three types of bodies: deliberative and decision-making (general meeting of shareholders), executive and management (administrator, administrators, Administrative Board, Directorate or Supervisory Board) and management control (auditors). The shareholders may set by the constitutive act other organs of society than those provided for under company law. An important role in the organization of a company has the administrators who have responsibilities in the sphere of internal management acts and representation in relations with third parties. Under the Romanian legal provisions, the joint stock companies may be managed in two systems: unitary and dualist.

Suggested Citation

  • Dan Cimpoeru, 2013. "The Management of the Joint Stock Companies," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 18(1), pages 7-16, December.
  • Handle: RePEc:but:manage:v:18:y:2013:i:1:p:7-16
    as

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    References listed on IDEAS

    as
    1. Dean F. Amel & Colleen Barnes & Fabio Panetta & Carmelo Salleo, 2002. "Consolidation and efficiency in the financial sector: a review of the international evidence," Finance and Economics Discussion Series 2002-47, Board of Governors of the Federal Reserve System (U.S.).
    2. Dean Amel & Colleen Barnes & Fabio Panetta & Carmelo Salleo, 2002. "Consolidation and efficiency in the financial sector: a review of the international evidence," Temi di discussione (Economic working papers) 464, Bank of Italy, Economic Research and International Relations Area.
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