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Particular Aspects on General Assemblies of Members in Cooperative Companies in Romania

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  • Anca Sorina Popescu-Cruceru

Abstract

Cooperative enterprises, the most commonly met forms of development of an industrial activity within the cooperative system; justify, from the organizational and operational point of view, a model for the company institution-contract, where the shareholders’ agreement is circumscribed to certain specific principles. The companies governed in this manner by special law have all the elements typically characterizing the companies regulated by the common law, thus acknowledging a series of particularities regarding their organization and operation, among which are distinguished those referring to general assemblies, as deliberative decisionmaking authorities, defined by a superior formalism, resulted from the application of their own regulations, with compulsory property, issued by the National Union of Handicraft and Production Cooperatives.

Suggested Citation

  • Anca Sorina Popescu-Cruceru, 2015. "Particular Aspects on General Assemblies of Members in Cooperative Companies in Romania," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(3), pages 156-165, March.
    • Handle: RePEc:hur:ijarbs:v:5:y:2015:i:3:p:156-165
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    More about this item

    Keywords

    Cooperative company; ordinary general assembly; extraordinary general assembly; preliminary assembly; annulment of the general assembly decisions;
    All these keywords.

    JEL classification:

    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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