The Legal Framework of the Bulgarian Industry – an Attempt to Deal with Business Crises Cover Image

Нормативната рамка на българската индустрия – опит за справяне със стопанските кризи
The Legal Framework of the Bulgarian Industry – an Attempt to Deal with Business Crises

Author(s): Aneta Deneva
Subject(s): History, Economy, National Economy, Economic history, 19th Century, Interwar Period (1920 - 1939), Post-War period (1950 - 1989)
Published by: Център за стопанско-исторически изследвания
Keywords: legal framework; business crises

Summary/Abstract: Providing the right conditions for business development and protecting it against possible shocks such as business crises is a key objective and priority of individual governments and countries. A significant role in the solution of this task lies in the sophisticated normative framework and the adopted written rules for the functioning of the business structures. The economic activity is regulated by two types of systems. On the one hand, these are business practices, which are a set of rules, principles and norms directly related to the business of society. On the other hand, it is purely legal regulation, which includes basic laws, regulations, etc., which should be searched in ancient Roman law and which has a leading and decisive place and importance in this regulation. Because of this, and a number of other reasons, changing the "rules of the game" is one of the leading priorities and purpose of each management.In this paper are analyzed only two main periods of the creation and operation of the legal framework of the Bulgarian industry, which are radically opposed by principles, objectives and tasks.

  • Issue Year: IV/2019
  • Issue No: 1
  • Page Range: 228-239
  • Page Count: 12
  • Language: Bulgarian