Board of Directors or Supervisory Board:Legal Aspects of the Choice Between One- and Two-tier Management in Danish Public Limited Companies after the 2009/10 Company Reform

Artiklen analyserer de juridiske konsekvenser af, at danske aktieselskaber nu vil kunne vælge en tostrenget ledelsesstruktur, hvor direktionen har både den daglige og den overordnede ledelse, mens et tilsynsråd udøver kontrol med direktionen samt antager og afskediger denne. Det søges fastlagt, hvilke selskaber en tostrenget struktur kan være relevant for, og konsekvenserne for selskabsorganernes sammensætning, valg og virkemåde gennemgås. Udgivelsesdato: 1. December 2009The article analyses the legal consequences of the choice now available to Danish public limited companies, which can now opt for a two-tier management structure, in which the management board undertakes both the day-to-day and the overall management, while a supervisory board exercises control over the management board, including its appointment and dismissal. The article considers which companies a two-tier structure may be relevant for, and reviews the consequences for the composition, election and functioning of the company organs