Товч агуулга:Corporate governance in the private sector affects the entire network of relationships between the management of a company, the strategic management level, shareholders, employees and other stakeholder groups. Public corporate governance, on the other hand, is relevant when the state decides to have a service performed by an autonomous organization owned by the state, a public company. As in the private sector, public companies should also have to be guided by the principles of good corporate governance. Corresponding public corporate governance codes have been developed by international organizations and individual states. Liechtenstein has taken on a pioneering role and introduced a modern and efficient system for the management and control of public companies in 2009. An important part of this are guidelines for public companies on internal organization, on the roles and tasks of strategic and operational management, and on management compensation. This Public Corporate Governance Code corresponds to international standards and is more comprehensive and more developed than in many other countries. Accordingly, public companies are well positioned and enjoy a high level of trust.
