Latest trends in the harmonization of Macedonian Company Law with the relevant acquis communautaire of the European Union

Abstract

In their paper the authors take North Macedonia as a country case study in terms of its company law harmonization with the relevant EU acquis. The significance of this analysis can be reflected in the fact that in the current period a new Law on Companies is being drafted. The aim of this paper is to identify and narratively explain the expectations regarding the adoption of the new Company Law, especially regarding introducing more shareholders' rights in order shareholders' democracy and sustainability to be improved. In that sense, a cross-section analyses will be made regarding current national state of art versus latest EU legislation which is expected to be included in the new Law.