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Management board acts independently, but also bears responsibility

The supervisory board and shareholders are not entitled to issue binding instructions to the management board of a limited liability company regarding the conduct of its affairs. They can only address non-binding recommendations to the management board.

In today's issue of Dziennik Gazeta Prawna, Marcin Borkowski, Ph.D., writes about the supervision of corporate bodies over company's management.

https://www.gazetaprawna.pl/firma-i-prawo/artykuly/8283401,zarzad-dziala-samodzielnie-ale-tez-ponosi-odpowiedzialnosc.html 

 

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