Abstract

Transparency of rules regulating the decisionmaking process of a management board provide grounds for proper functioning of companies. The issue is particularly relevant when it comes to concluding an agreement between a company and entities which are closely connected with a member of its management board. The matter has been recently subject to legislative adjustments. The article presents an assessment of the amendments introduced by the Act of 16 December 2016 on changes of certain acts in order to improve legal environment of entrepreneurs and its impact on current regulations.