Mediation in Corporate Governance

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Introduction

Disputes in Corporate Governance

Advantages of in-house mediation

Skills required for in-house mediator

Styles of mediation

Result of in-house mediation

Opportunities of in-house mediation in

Lithaunia

References

A company is as integras to society today as the family unit is. Many of us spend the greater part of our lifes in companies that provide our lifehood. We establish friendships and relationships.

Better companies mean better societys.

Disputies arisises because of different oponions Mand different interests.

Mediation can be used as a tool for effective dispute resolution.

The biggest companies of the world use mediation as the very important tool of governance and effective dispute resolution.

Disputes that arises from routine corporate governance procedures.

Disputes that arises from extraordinary corporate events.

Disputes among corporate officers.

Disputes among shareholders and bondholders.

Disputes between shareholders and the corporation.

Disputes between the corporate and its corporate officers.

Safe commercial secrets of company.

Clear commercial reputation.

The procedure of mediation is confidential.

Both of parties are winners.

Mediation costs considerably lower than litigation.

Mediation procedure is faster than litigation.

Mediator can be selected according to their skills and fields of expertise.

Mediation can be an effective way to prevent disputes.

Competence and experience

Flawless reputation

Impartiality

Confidentiality

Facilitative

Evaluative

Transformative

Harvard mediation

Successful mediation ends when parties of dispute achieves solution.

Solution of dispute satisfies both of parties.

Parties of dispute can sign an written agreement.

There are a lot of big companies, that can try to use in-house mediation as a tool in their companies governance and effective dispute resolution.

Many of companies still does not trus mediation and prefers litigation.

Succesfull examples could encourage companies to use mediation as a tool in their own practice.

 http://www.gcgf.org/wps/wcm/connect

/Topics_Ext_Content/IFC_External_Corpo rate_Site/Global+Corporate+Governanc e+Forum http://learn2mediate.com/resources/naf cm.php

http://www.conflictgateway.com/featur es/182-5-basic-mediation-skills-everyoneneeds-to-know.html

 http://ec.europa.eu/civiljustice/adr/adr_ ec_code_conduct_lt.pdf

http://www.hnlr.org/2009/03/uscorporations-should-implement-in-housemediation-programs-into-their-businessplans-to-resolve-disputes/ http://www.inhousemediation.com/med iation

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