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

Anca Sorina Popescu-Cruceru

International Journal of Academic Research in Business and Social Sciences, 2015, vol. 5, issue 3, 156-165

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.

Keywords: Cooperative company; ordinary general assembly; extraordinary general assembly; preliminary assembly; annulment of the general assembly decisions (search for similar items in EconPapers)
JEL-codes: K12 K22 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijarbs:v:5:y:2015:i:3:p:156-165

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