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The article describes significant changes in corporate governance in the Czech recodification of the Czech private law. In the Czech Republic, from 1992 to 2014, the Act No. 513/1991 Coll. the Commercial Code, regulated only the dualistic (two-tier) model of joint-stock companies internal structure. Currently, the dualistic model and the newly regulated Czech monistic (one-tier) model of a joint-stock company is regulated in the new Act on Commercial Companies and Cooperatives (“the Business Corporations Act“)...

The paper concentrates on the legal analysis of the independence of the Czech Central Bank. Central bank independence is a key precondition for the successful implementation of monetary policy and hence for sustainable non-inflationary economic growth. Independence protects the central bank primarily against any political pressure to adopt measures to boost short-term economic growth. The term "independence" is not explicitly expressed in Czech legal documents (the Constitution of the Czech Republic and the Czech ...

European countries support their national economies and entrepreneurs in various ways. Goals include GDP growth, employment growth, and the development of public services. The article focuses on the various types of state aid. The states are limited by the regulations of the European Union: under Article 107 (1) TFEU, state aid is incompatible with the internal market and is therefore generally prohibited. An exemption from the prohibition may be granted on the basis of block exemptions or the decision of the Euro...