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Development of Disclosure and Transparency as Legal Methods for the Supervision of Public Companies in the Republic of Slovenia

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Author(s): Danila Djokic

Journal: Management
ISSN 1854-4223

Volume: 7;
Issue: 2;
Start page: 173;
Date: 2012;
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Keywords: corporate governance | supervisory board | corporate governance statement | disclosure | transparency remuneration | Companies Act | Corporate Governance Code | joint-stock company

ABSTRACT
As a rule, public companies in the Republic of Slovenia use a twotiersystem of corporate governance. The supervisory boards ofsuch companies should execute the supervisory function by informingand disclosing to the shareholders the data regarding envisagedpolicies of corporate governance. The principle of disclosureand transparency in general, and in the field of remuneration,is used in the Republic of Slovenia as a systemic legalmethod and tool, which enables better decision making processes,supervision and control of public companies in the country.

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