A Critical Analysis of the Rights and Obligations of the Manager of a Limited Liability Company: Managerial Legislative Basis

The rights and obligations of an executive as a top manager limited liability company seem to be long-settled question. However, the opposite is true. We were particularly interested in question statutory body most widespread type business company. A very important issue definition relationship between manager. reason for this fact that it business–legal protection provided relation based only on their mutual contractual basis. In addition examination managerial knowledge skills, we focused primarily critical analysis legal responsibility towards As part our research, analyzed extensive jurisprudence, which completed understanding concept also defined framework not actions, but especially obligations. To achieve goal, used several scientific methods designed study law, such analysis, synthesis, comparison, deduction, description. critically evaluated results research compared development Slovak Czech jurisprudence context its influence investigated issue. At same time, answered whether legislative intervention necessary already existing This has implications both managers companies whole, autonomy, accountability, responsibility, balance power. findings highlighted significant decision making authority granted managers. identified emphasized need act responsibly accountable actions. balanced with interests other stakeholders, company’s members. conclusion, company, basis, revealed possess authority, profit distribution rights, protection, entitlement compensation. they are obligated fulfill fiduciary duties, comply laws regulations, maintain proper records, exercise due care. underscored significance power By adhering obligations, can effectively navigate roles while contributing success sustainability