Principles of decision making and meeting of the board of joint stock companies

In the globalized world economy, the role of capital organized as joint stock companies is very important. Activities of joint stock companies contribute positively to the country's economy and create employment. However, as a result of misgovernment policy, the company loss even bankruptcy shall affect the entire market. For this reason, it is very important that the management of joint stock company to whom is entrusted. Today, the role of the board has increased on management of joint stock company considerably. As a brain of a company, the board takes decision and performs the decisions of the general meeting. Therefore, the regulations about board are important. It is the subject of this study these regulations about board assembly and decision making. Also, in the thesis, the topics such as board's formation, qualifications and choice of members are examined. Keywords: Board, Meeting of Board, Decision Making, Formation of Board.