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CO-DETERMINATION POLITICS ON COMMERCIAL COMPANIES IN ALBANIA: A COMPARATIVE STUDY

CBU International Conference on Innovation in Science and Education

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Field Value
 
Title CO-DETERMINATION POLITICS ON COMMERCIAL COMPANIES IN ALBANIA: A COMPARATIVE STUDY
 
Creator Aliu, Blerta; European University of Tirana
 
Description This paper focuses on understanding the role that stakeholders, especially, employees have in a company and corporate governance implications. Currently, human capital, embodied to employees, has become very fast the most important source of corporate value. This study makes an overview of the current situation in Albania, analyzing legal provisions and relevant international literature on this issue. The trends of the result for decision-making in the Albanian companies show a low level of participation of stakeholders, particularly employees. This study is based on a comparison between American common law system, supporters of the shareholders and the German civil law system, supportive of stakeholders. Here, is apparently stated the need to embrace the second system. Recent developments of American companies and the financial crisis are reasons which brought us to this conclusion. The German practice also, shows clearly that corporate social responsibility is the key to success, if it adapts to different historical, legal and cultural contexts.
 
Publisher Central Bohemia University, o.p.s.
 
Contributor —
 
Date 2013-06-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://ojs.journals.cz/index.php/CBUConference2013/article/view/20
10.12955/cbup.2013.20
 
Source CBU International Conference Proceedings; Vol 1 (2013): CBU International Conference Proceedings 2013; pp. 97-103
1805-9961
1805-997X
 
Language eng
 
Relation http://ojs.journals.cz/index.php/CBUConference2013/article/view/20/22
 
Rights Copyright (c) 2013 Blerta Aliu
https://creativecommons.org/licenses/by/3.0/