Distribution of profit in stock corporation

Distribution of profit in stock corporation Abstract The decision on the distribution of profit and its payment not only in the context of a stock corporation is a crucial and complex process, the regulation of which is constantly changing due to the influence of the actual practice, court decision-making and evolving legislation, and for this reason it is not superfluous to monitor it regularly. In particular, due to the still recent amendment to Act No. 90/2012 Coll., on Commercial Companies and Cooperatives (the Business Corporations Act), which was brought into effect on 1 January 2021 by Act No. 33/2020 Coll., a number of fundamental changes have occurred (as in other areas of corporate law) in the process of decision-making on profit distribution. This thesis aims to highlight these changes, analyze their impact, compare them with the previous regulation and place them in the overall context of the regulation of profit distribution. Although the broadest possible coverage of the amendments is a key part of this thesis, its main objective is a thorough description and analysis of the entire process of decision-making on profit distribution with a special focus on the joint stock company and its specifics, including all issues related to the individual stages of the process itself and issues closely..