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SUPERVISORY BOARD IN AN EMERGING ECONOMY: MEETINGS OF THE BOARD

Alexander N. Kostyuk

DOI: 10.22495/cbv2i3art5

Abstract

It should note and take into account the dual structure of the boards in Ukraine, i.e. supervisory and management board and the process of the separation of ownership and control in Ukraine that still lasts as the result of privatization of the state property the supervisory board practices in the part of the board meetings are very unique and need a very thorough classifications before its investigating. Moreover, the legislation development in Ukraine is very weak from the point of view of the putting the various board practices in order. From this perspective we apply the following criteria to investigate the supervisory board meeting practices in Ukraine: Frequency of the meetings; ƒ The meeting duration; ƒ The meeting agenda; ƒ The meeting place;ƒ The meeting time; ƒ The meeting openness; Information.

Key Words: Board of Directors, Supervisory Board, Management Board

How to cite this paper: Kostyuk, A. N. (2006). Supervisory board in an emerging economy: Meetings of the board. Corporate Board: role, duties and composition, 2(3), 41-45. http://doi.org/10.22495/cbv2i3art5

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