The current thesis describes the problem of determining the remuneration of managers in companies with a majority ownership of the Republic of Slovenia and self-governing local communities, which is based on the law on the remuneration adopted in 2010 also known under the name: "Lahovnik's Law".
The aim of the thesis is to present the fragmented legal regulation, which is interpreted and used differently by management and supervisory bodies in public companies. The purpose of this assignment is to show the challenges to decision-makers and to propose solutions for a more precise regulation of the area under consideration.
For the preparation of the thesis, a review of legislation, professional literature, online sources with information on business operations, review of reports of individual institutions and companies was done in order to prepare the thesis. At the same time, research questions were formulated, to which the representatives of the competent institutions responded.
Important findings are the lack of legal basis for the process of appointing professional and competent management bodies and supervisory bodies and the regulation of the amount of their compensation. Furthermore, the descriptions of irregularities arising from the reports of the Audit Court of the Republic of Slovenia are confirming the findings stated in the study.
The study needs an examination of the legislation and its harmonization with the findings of the Audit Court of the Republic of Slovenia. These provisions would be taken into account by all public companies, which would result in a fair allocation of additional payments and other benefits. Additionally, it would be required to consider members' expertise rather than their political affiliation when choosing them for management bodies.
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