Specifics of the Functioning of the Management Bodies of the ...

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Abstract

Joint-stock companies play a crucial role in the economic development of Ukraine, contributing to international market expansion and the stabilization of the domestic economy. However, the onset of the Russian-Ukrainian war and the imposition of martial law have severely disrupted the operations and governance of these companies. Hostilities have created significant challenges, impeding the ability of companies to function effectively. In this regard, the primary objective of this research is to provide a detailed analysis of the unique governance challenges faced by joint-stock companies in Ukraine under martial law, as reflected in the legal framework. By examining these changes chronologically, this research elucidates their nature and implications. Thus, these legislative adjustments are assessed to identify any shortcomings that may require future amendments. The research findings stipulate further research of corporate governance regulations during wartime.