Board of Directors or Supervisory Board: Legal Aspects of the Choice Between One- and Two-tier Management in Danish Public Limited Companies after the 2009/10 Company Reform

Research output: Contribution to journalJournal articleResearchpeer-review

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.
Close

Details

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 contributionBestyrelse eller tilsynsråd: Juridiske aspekter af valget mellem én- og tostrenget ledelse i danske aktieselskaber efter selskabsreformen 2009/10
Original languageEnglish
JournalEuropean Company Law
Volume2009
Issue number6
Pages (from-to)257-263
ISSN1572-4999
Publication statusPublished - 2009
Publication categoryResearch
Peer-reviewedYes

    Research areas

  • board of directors, supervisory organ, management, one-tier board, two-tier board, corporate reform (Denmark)
ID: 18786594