Abstract
The article analyses the legal consequences of the choice now available to Danish public limited companies, which can now opt for a two-tier management structure, in which the management board undertakes both the day-to-day and the overall management, while a supervisory board exercises control over the management board, including its appointment and dismissal. The article considers which companies a two-tier structure may be relevant for, and reviews the consequences for the composition, election and functioning of the company organs.
| Translated title of the contribution | Bestyrelse eller tilsynsråd: Juridiske aspekter af valget mellem én- og tostrenget ledelse i danske aktieselskaber efter selskabsreformen 2009/10 |
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| Original language | English |
| Journal | European Company Law |
| Volume | 2009 |
| Issue number | 6 |
| Pages (from-to) | 257-263 |
| ISSN | 1572-4999 |
| Publication status | Published - 2009 |
Keywords
- board of directors
- supervisory organ
- management
- one-tier board
- two-tier board
- corporate reform (Denmark)