Die Corporate Governance Diskussion der letzten Jahre hat die Verantwortung der Unternehmensführung in den Mittelpunkt gestellt. Für mittelständische Familienunternehmen bedeutet dies, dass sie sich nicht nur ihrer Management-, sondern auch ihrer Eigentümerverantwortung bewusst werden müssen. Mit der Entwicklung von Gesellschafterkompetenz könnten sie ihrer Eigentümerverantwortung gezielt nachkommen. In der Praxis lässt sich dahingehend jedoch eine kaum systematische Vorgehensweise beobachten. Die Kompetenz der operativ tätigen Gesellschafter wird zwar wahrgenommen, spezifische Maßnahmen zur Entwicklung von Gesellschafterkompetenz werden jedoch kaum ergriffen. Dies gilt insbesondere für die nicht-operativ tätigen Gesellschafter und die Familienmitglieder, die ihre Gesellschafterrolle erst zukünftig wahrnehmen werden. Diese sollten nach der hier vertretenen Ansicht ebenfalls vorbereitet werden, indem sie in eine systematische Entwicklung von Gesellschafterkompetenz einbezogen werden. Neben den üblichen betriebswirtschaftlichen und rechtlichen Kompetenzen sollten auch Kenntnisse vermittelt werden, die der Komplexität des Familienunternehmens gerecht werden.

Universiẗat, Diss.--Erlangen-Nürnberg, 2005.

Techn. Univ., Diss.--Dresden, 2001. / Literaturverz. S. [453] - 499.

Techn. Univ., Diss.--Berlin, 2002.

Die Corporate Governance Diskussion der letzten Jahre hat die Verantwortung der Unternehmensführung in den Mittelpunkt gestellt. Für mittelständische Familienunternehmen bedeutet dies, dass sie sich nicht nur ihrer Management-, sondern auch ihrer Eigentümerverantwortung bewusst werden müssen. Mit der Entwicklung von Gesellschafterkompetenz könnten sie ihrer Eigentümerverantwortung gezielt nachkommen. In der Praxis lässt sich dahingehend jedoch eine kaum systematische Vorgehensweise beobachten. Die Kompetenz der operativ tätigen Gesellschafter wird zwar wahrgenommen, spezifische Maßnahmen zur Entwicklung von Gesellschafterkompetenz werden jedoch kaum ergriffen. Dies gilt insbesondere für die nicht-operativ tätigen Gesellschafter und die Familienmitglieder, die ihre Gesellschafterrolle erst zukünftig wahrnehmen werden. Diese sollten nach der hier vertretenen Ansicht ebenfalls vorbereitet werden, indem sie in eine systematische Entwicklung von Gesellschafterkompetenz einbezogen werden. Neben den üblichen betriebswirtschaftlichen und rechtlichen Kompetenzen sollten auch Kenntnisse vermittelt werden, die der Komplexität des Familienunternehmens gerecht werden.:1 Kompetenzverteilung in mittelständischen Familienunternehmen 2 Verantwortung der Eigentümer 3 Systematische Ansätze fehlen 4 Pluridisziplinäres Know-how erwerben 5 Lösungsansätze für die Praxis 6 Fazit für das mittelständische Familienunternehmen

Corporate governance in general has become the new crucible in which corporations are tested and declared worthy of the trust of international investors. In an age when countries compete in a global economy, compliance with corporate governance standards has become crucial to the survival of businesses. Especially in the Middle East, which is culturally and politically distant from the rest of the world, compliance with the internationally accepted principles of corporate governance has become a challenge. This thesis aims to examine how a specific aspect of corporate governance—disclosure and transparency—is viewed and applied in the Saudi Arabian context. The results of this study are important primarily for Saudi Arabian businesses positioned to play a significant role in the global economy. The Saudi economy is one that has a number of industries such as the oil industry, which forms the largest contributor of the GDP of the nation; about 67%. Other companies in the country include those, which deal in consumer goods, the financial sector, the media, retail, telecommunications, technology, travel and leisure and telecommunications. The largest conglomerates are those that deal in the oil and gas industry. These companies could benefit greatly from the financial strength provided by international investments, the technical and strategic advantages offered by partnerships and joint ventures with foreign companies and the market leadership obtained by gaining the trust and confidence of consumers in the global market. Achieving these benefits becomes feasible only if Saudi firms can comply with the minimum disclosure and transparency requirements. The thesis employs critical and comparative analyses. It explores the academic literature on corporate disclosure and discusses the theories and principles espoused in the context of the Saudi Arabian legal and regulatory framework. Also discussed is the vital role of the Islamic principles in Sharia law, which forms the basis of the Saudi legal system. This study proposes corporate disclosure practices as the basis for comprehensive reform of Saudi Arabia’s Capital Market Authority. The idea of corporations is alien to the Islamic law, but the idea of disclosure and transparency is a fundamental of the Islamic corporate governance. The disclosures that the organizations make have a target of attaining transparency and the promotion of market discipline concerning the same institutions. There is also the conceptualization of the fact that the effectiveness of the corporate organizations relies on how they complement the international standards. The study offers recommendations for increasing transparency, disclosure and the associated principles in the Saudi Arabian stock market and better protecting minority shareholders. These recommendations follow the United Kingdom’s corporate governance approach but reflect the interests, culture, treaties, Sharia principles and legislative reforms of the Kingdom of Saudi Arabia. The thesis concludes by presenting the Saudi perspective on disclosure and transparency and its prospects for future development.

v anglickém jazyce The diploma thesis called "The expulsion and the withdrawal of the shareholder and the court-ordered termination of his participation in a limited liability company" deals with the analysis of the selected legal aspects of a limited liability company. Considering the extent to which the limited liability company is represented in the Czech business practice (it is at present the most prevalent form of business corporation in the Czech Republic), it is possible to assume that it is most desirable to thoroughly analyze the legal regulation of the limited liability company. However, the contribution of such analysis lies particularly in the field of legal theory, namely with regard to the new recodified legal regulation of the private law, which has had, legally effective as of January 1, 2014, a distinct impact also on the law of business corporations, and which has introduced a number of changes and new institutes and also a number of interpretation problems and potential ambiguities connected therewith. In this connection, the diploma thesis pays attention to the partial topic of the cessation of the shareholder's participation in the limited liability company. Within the frame of this topic, the diploma thesis focuses on the selected forms of the cessation of the shareholder's...

The purpose of my thesis is to analyse new legal regulation of squeeze-out in the Business Corporations Act, the act that replaces former legal regulation of corporations contained in the repealed Commercial Code. The reason for my research is, apart from introducing the new legal concept of squeeze-out, to focus on new features of particular aspects of the squeeze-out process, explain reasons for their implementation into the Czech legislation and interpret problematic provisions of the new legal squeeze-out regulation in the light of existing Czech case-law and interpretations of Czech legal theorists. The thesis is composed of introduction, four chapters, each of them dealing with different aspects of the squeeze-out process and conclusion. Chapter One is introductory and deals with constitutional establishment of squeeze-out in the Czech legislation. Chapter Two examines legal premises for realization of squeeze-out. The chapter consists of two parts. Part One focuses on the person entitled to initiate squeeze-out and on legal conditions that the person must match. Part Two deals with requirements on application for initiation of the squeeze-out process. Chapter Three is subdivided into six parts and focuses on realisation of the squeeze- out process. Part One discusses attestation of financial...

Le rôle du changement d’associé dans les sociétés de capitaux a gagné en importance ces dernières années et est ainsi devenu l’un des aspects essentiels du droit des sociétés. Tant en droit allemand qu’en droit français, une cession de droits sociaux peut présenter un certain nombre de difficultés juridiques. La thèse est destinée à apporter, à travers une analyse juridique comparative, une vue globale des possibilités de changement d’associé dans une société au regard des conditions à respecter ainsi que des procédures à suivre en cas de cessions de droits sociaux. L’ensemble des aspects est étudié en tenant compte des différences majeures existant entre le droit allemand et le droit français en la matière, de leurs origines et leurs causes ainsi que des avantages et inconvénients en résultant pour les associés dans chacun des deux systèmes juridiques, afin d’aboutir à une analyse comparative critique. / The role of shareholders changes in joint-stock companies has grown in importance in recent years and has thus become an essential aspect of company law. Both in German and French law, a sale of shares agreement may require solving a substantial number of legal difficulties. Through a comparative law analysis, the thesis aims to provide a global vision of the possibilities of changes to the shareholder structure regarding conditions to be met as well as procedures to be followed in cases of sales of shares. All aspects are examined taking into account the major differences existing between German and French law in this field, from their origins and causes as well as the resulting advantages and drawbacks for shareholders within each of the studied legal systems in order to lead to a comparative and critical analysis.

Hintergrund der Untersuchung ist die zunehmende Bedeutung von Humankapital als wettbewerbsentscheidendem Produktionsfaktor in modernen humankapitalintensiven Unternehmungen. Es stellt sich die Frage nach den Auswirkungen der Bedeutungszunahme und der Regelung des „Primärhumankapitals“, also des Managements innerhalb der Corporate-Governance-Systeme. Den Ausgangspunkt stellt die These dar, dass die ausschließliche Modellannahme der klassischen Prinzipal-Agent-Beziehung unzureichend ist, zu Ineffizienzen führt und keine hinreichende Antwort auf das von Berle und Means beschriebene Problem der Trennung von Eigentum und Kontrolle gibt. / This study is based on the growing significance of human capital as competition decisive production factor in modern enterprises, which are intensive in human capital. We reflect upon the consequences of the increasing significance and the regulation of "primary human capital", i.e. the management structure within the corporate governance systems. Our starting point is that the exclusive assumption of the classical principal-agent-relation is inadequate, leads to inefficiencies, and does not give satisfactory answers to the problem of the separation of property and control as described by Berle and Means. From the management''s viewpoint, however, there is no maximum incentive to invest human capital and create bonds within the company, since the rights to human capital cannot, or at least not directly, be assured.