DIRECTIONS OF CHANGE IN THE POLISH TWO-TIER BOARD MODEL

Leszek Bohdanowicz

DOI: http://dx.doi.org/10.12775/JPM.2014.003

Abstract


Purpose: This paper is devoted to the eff ectiveness of corporate boards. Its aim is to present the board models found in European companies and to propose changes that would lead to better performance of Polish corporate boards.

Approach: The article presents an analysis of European corporate board models, as well as their advantages and disadvantages. Based on this analysis, the author pointed out possible directions of change in the Polish two-tier board model.

Implications: The author suggests that the introduction of an optional model, whereby the shareholders can choose between the one-tier board model (board of directors) and the two-tier board model (supervisory board and management board), would enable better use of the social and intellectual capital present in the corporate boards of Polish companies.

Keywords


corporate governance; corporate boards; board-level employee representatives

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Action funded by the Ministry of Science and Higher Education under the contract number 916/P-DUN/2019 by funds dedicated to dissemination of research findings. Preparing for publication papers in English and employing reviewers affiliated in research institutions abroad in 8 issues of the Journal of Positive Management in 2019-2020: Vol. 10, No. 1-4, Vol. 11, No. 1-4.

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