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The Particular Aspects of Procurement Contracts of Trading in Securities in the Conditions of the Slovak Republic

In: Finance and Sustainability

Author

Listed:
  • Tomáš Peráček

    (Comenius University)

  • Alexandra Mittelman

    (Comenius University)

  • Boris Mucha

    (Comenius University)

Abstract

After the change of social establishment in 1989 and the withdrawal from the planned economy, securities became the significant tool in companies‘economics also in the conditions of former Czechoslovakia. Its main goal was to deposit and invest free funds in securities. It is possible to reach success in this field provided the fact that there is enough knowledge in the sphere of economy, management and law. The purpose of procurement contracts of trading in securities is the provision of purchase or sale of securities for client for reward. Commission contract, mandate contract and intermediation contract, that belong into this category are amended in Civil Code and also in Commercial Code. Act on securities with reference to subject matter of a contract therefore chooses supportive commercial regulation with the obligatory written form. Apart from these legal types of contracts particularly amended in provisions of § 31 to § 37 of Act on securities, it is possible to use also the legislation of contracts not included in the act but named as contract type in Civil Code, which is agreement on the establishment terms or agency contract provided for by Commercial Code. The particular place belongs to contracts unnamed. The research on the issue of procurement contracts of trading in securities in the conditions of the Slovak Republic represents the main aim of this paper, which directs mainly into the field of economy and financial management. However, it directs also to the field of financial law and offers the significant lap into the field of constitutional and commercial law. It has interdisciplinary and international law character of the research whose concept and legal regulation remains (not only) in the Slovak legal environment after the years of professional and amateur discussions to the large extent unfinished.

Suggested Citation

  • Tomáš Peráček & Alexandra Mittelman & Boris Mucha, 2018. "The Particular Aspects of Procurement Contracts of Trading in Securities in the Conditions of the Slovak Republic," Springer Proceedings in Business and Economics, in: Agnieszka Bem & Karolina Daszyńska-Żygadło & Taťána Hajdíková & Péter Juhász (ed.), Finance and Sustainability, pages 175-185, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-92228-7_15
    DOI: 10.1007/978-3-319-92228-7_15
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