Management Under Compliance Pressure in Poland – Duties, Risks, and Legal & Financial Consequences
In Poland, there are several hundred thousand capital companies – limited liability companies (sp. z o.o.), joint-stock companies (S.A.), and simple joint-stock companies (P.S.A.). Behind each of them stands at least one management board member – a person who, by resolution of the shareholders, has been granted a mandate to run the organization, but also the obligation to bear responsibility. Often very real, personal, and – as statistics show – increasingly less theoretical.
In Poland, there are several hundred thousand capital companies – limited liability companies (sp. z o.o.), joint-stock companies (S.A.), and simple joint-stock companies (P.S.A.). Behind each of them stands at least one management board member – a person who, by resolution of the shareholders, has been granted a mandate to run the organization, but also the obligation to bear responsibility. Often very real, personal, and – as statistics show – increasingly less theoretical.