One-tier Corporate Governance

A one-tier corporate governance system was formally introduced in the Slovenian legal system in 2006. That is a governance system for a joint stock company with a board and executive directors, while the two-tier corporate governance system is carried out through the supervisory and management board.

As of 2006, shareholders may hence choose between a one-tier and two-tier governance system, laying it down in the company’s Articles of Association. Although many codes and gudideliness refer to their sensible use for the work of unitary boards in two-tier system, as is applicable to supervisory boards, SDA developed best practice recommendations for them. This seemed particularly sensible due to a completely new governance system that had not been present in Slovenia before, which is why companies had lacked the experience.

Best practice recommendations:

Guidelines for the Functioning of Boards of Directors

The one-tier governance system was formally introduced into ...

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08. 07. 2013 - Guidelines and codes


Research and studies:

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