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gabris-janac-shareholder-and-the
Shareholder and the company. Three
centuries of evolution.
Prof. JUDr. PhDr. Tomáš
Gábriš, PhD., LLM., MA, Institute of State and Law of the Slovak Academy of
Sciences, v.v.i.
JUDr. Viliam Janáč, PhD., Institute of State and Law of the Slovak
Academy of Sciences, v.v.i.
Právny obzor, 105, 2022,
special issue, pp. 14-28
Published online: 20.2.2023
https://doi.org/10.31577/pravnyobzor.specialissue.2022.02
Abstract. The
development of business organisations and commercial law as such in the Kingdom
of Hungary was gradual. We may add that it was belated, as compared to other
Western European countries, but also Austria. This is also documented by
historical events, where the onset of the modern age in the Kingdom of Hungary
dates back to 1526; the Industrial Revolution has also begun later, given the
rural character of Hungary, that also preserved its nature during the
Austro-Hungarian Monarchy. After the end of World War I and the formation of
Czechoslovakia, intensive reform and unification efforts were underway in the
law of business organisations. World War II frustrated these efforts. The period
that followed after the end of the war was not a propitious time for the
commercial law either. The monopoly held by the Czechoslovak Communist Party
meant liquidation of private businesses and a centrally controlled economy.
Changes were not brought before the events after 1989, or 1993 (associated with
the formation of an independent Slovak Republic).
Keywords: The Kingdom of
Hungary, Austro-Hungarian Empire, corporate law, partnerships and corporations,
shareholders, creditors protection, start-ups, simple jointstock company
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ISSN 2729-9228
(online)
ISSN 0032-6984
(print)
THEORETICAL REVIEW FOR ISSUES OF STATE AND LAW.
Právny obzor is peer-reviewed journal and is indexed in SCOPUS and HeinOnline database (INDEX TO FOREIGN LEGAL PERIODICALS).
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OPEN ACCESS