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Workshop on Corporate Governance Chisinau, 14-15 May 2012 Corporate Governance in transition economies Joanna Banach Legal Department Polish Financial Supervision Authority

Workshop on Corporate Governance Chisinau, 14-15 May 2012 Corporate Governance in transition economies Joanna Banach Legal Department Polish Financial

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Workshop on Corporate GovernanceChisinau, 14-15 May 2012

Corporate Governance in transition economies

Joanna BanachLegal Department

Polish Financial Supervision Authority

Corporate governance understood and implemented

Change of the market reality

Change in management’s way of thinking required

Com

pan

ies’

goals

Profit, development, takeover

Long-term demand > supply WHEN?

ONLY when you trust that the investment will bring profit

Trust? Where can I buy it from?

And does it have a price?

TR

US

T

2 MUSTs and

1 DON’T

Cost

red

ucti

on

NEW dynamics … NEW approach

Why do I do it?

…..OK!!!

Is it worth your effort?

Yes, thank you!