Transparent and effective public investment
— #95 Obligation of politically nominated supervisory board members to inform the public
Persons representing public interest in supervisory boards should have a special obligation to inform the general public about matters relating to areas where the company serving public interest is subject to Act on free access to information.
If persons representing public interest in the supervisory board of a company providing services of public interest had an obligation to inform the public about the matters in respect of which the enterprise providing services in public interest is subject to the Act on freedom of access to information, they would allow for an effective public control of those enterprises.
Sources:
- OECD: Zásady OECD ohledně správy státem vlastněných společností, 2005, V.B. a E.
- 2010 Annual report of the Czech Intelligence Service, p. 4
- 2012 Annual report of the Czech Intelligence Service, p. 6
- Fadrný, M., Bouda, P., Czech Republic, the country of gravy trains, Frank Bold, 2014, section 3.2., p. 16
- Political control and corruption potential of state-owned enterprises, Centre for Applied Economy of the Institute of Economic Studies (Charles University in Prague), 11 September 2013, p. 1 and 8
- Business corporations controlled by the state and municipalities: Do they need stricter rules, Environmental Law Services and Centre for Applied Economy of the Institute of Economic Studies (Charles University in Prague),5 November 2011, chap. 5
- Vondráček, O., Havrda, M., 21 recipes – Anti-corruption cookbook, Recipe 14: Supervisory boards of companies serving public interest, December 2013
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