Improving the Model of Corporate Governance in a Publicly Owned Joint-Stock Company

Abstract

The article deals with the problems of corporate governance in a publicly owned joint-stock company and proposes the ways of their solution. On the one hand, the publicly owned joint-stock company is characterized by the concentrated share capital. On the other hand, the purpose of their activity is to satisfy public and social interests. This fact enables to conclude that the model of governance in such joint-stock companies can be called a model of corporate social responsibility.

Keywords:

joint-stock company, board of directors, management board, independent director, social needs