Economist with expertise on risk capital, academic entrepreneurship, business development and corporate governance.
PhD in Economics from The University o f Gdansk. In the years 1990-2004 director at the Gdańsk Institute for Market Economics think tank. Winner of the Educational Enterprise Foundation’s report on the venture capital market. Venture capital and corporate governance advocate in Poland. Economist with expertise on risk capital, academic entrepreneurship, business development and corporate governance. Initiator and co-founder of the Polish Corporate Governance Forum. Author of numerous publications on corporate governance (the first in Poland, a voluntary code of corporate governance, the White Paper and ranking corporate governance), the capital market and venture capital.
Still Much to be done – corporate governance in Poland.
The development of public corporations and stock markets in Central Europe has led to the appearance of such fundamental governance problems as expropriation of minority shareholders, managerial myopia, tunnelling and others. The existing regulations and governance arrangements provided under privatisation schemes were unable to accommodate these deficiencies.. One of the key elements of these reforms is how to make supervisory boards more independent and professional.
Corporate Governance in Poland, (in) Christine Mallin (eds), Handbook on International Corporate Governance.
Throughout the world there is conflict between the desire to reap wealth from strong corporate functioning and the imperative of preserving the integrity of the sovereign state. Christine Mallin has assembled a collection of delightful essays describing the current circumstances of corporate governance in a variety of different countries. The volume reads like a story, fascinating, accessible and informative.
Setting Standards of Corporate Governance: The Polish Experience of Drafting Governance Codes
Corporate governance codes have recently been adopted by most of the European markets. Stock markets in Eastern Central Europe, with their weak governance mechanisms and practices, are trying to follow suit. However, drafting such codes may be a much more challenging task in this part of Europe than elsewhere, due to the existence of powerful interest groups and an underdeveloped corporate environment (immature institutional investors, ineffective shareholder activism and a lack of government interest in corporate governance). This paper provides some insights into various governance problems related to the drafting of a ‘private’ corporate governance code for Polish listed corporations.