The issue of communication challenges faced by the management board and the supervisory board in the joint-stock company is the focus of the article “Effective Communication between the Management Board and the Supervisory Board”, published in Rzeczpospolita.
In October 2022, the Polish legislator amended the Commercial Companies Code, giving companies considerable leeway in shaping the rules for information flow, while also establishing clear principles on which it should be based.
Dr Marcin Chomiuk, Partner at JDP, and Prof. Jochen Vetter, Partner at Hengeller Mueller, focus on key aspects of effective communication, taking a comparative look at Polish frameworks and the practices observed in German joint-stock companies.
The experts answer the following questions:
- What is the legal framework for providing information?
- How can the supervisory board shape the scope of communication?
- Does more always mean better?
You can check out the article here.