University of Warsaw

Faculty of Management

Igor Postuła


Igor Postuła is an Associate Professor of Business Law and Corporate Governance at the Faculty of Management, University of Warsaw, where he obtained his PhD in Organisation Studies.Igor Postuła holds the position of Dean for Administrative Affairs and chief of the Department of Civil Law at this Faculty.

Igor Postuła has been also the visiting professor at Universidad Rey Juan Carlos in Madrid, Universidad Pablo de Olavide in Seville, University of Valencia, Polytechnic Institute of Bragança, University College Ghent and Lisbon Polytechnic Institute.

Igor Postuła is also attorney at law with specialization in business law. He has been involved in consulting activities for business, public administration, Polish Parliament and National Center for Research and Development.

He is author of more than 50 books and articles.

Fields of interests

Scientific interests of Igor Postuła focus on the corporate governance and university governance. In particular he puts his interests on the issue of division of formal and informal power in organizations, agency problem, stakeholder management and transformation of state-owned enterprises and universities.

Proposition of common research in GETM3

  • The identification and division of formal and informal power at Universities.
  • The identification of stakeholders and their impact on Universities.
  • The agency problem at the Universities.

Important Publications

Most important recent publications (with short abstracts):

  • Formal and informal governance mechanisms in state-owned enterprises: evidence from post-transitional Poland, Baltic Journal of Management, 2018, in publishing: (co-author: Aleksandra Wąsowska).

The findings of the paper indicates that legally designed relationships among Polish SOEs’ stakeholders constitute key formal governance mechanisms of these companies. They are, however, complemented by relationships between SOEs and their stakeholders and distorted by other informal phenomena, including informal noninstitutional behavior, mechanisms grounded in cognitive and normative institutions, and perception of the relationship structure by the actors themselves.

  • Managerial discretion, firm performance, and CEOs’ support for privatisation of state-owned companies, Journal of East-European Management Studies, Vol 23 No. 1, 2018 (co-author: Aleksandra Wąsowska).

The results of the study reveal that managerial autonomy is negatively related to CEOs’ support for privatisation. Moreover, firm performance has an indirect impact on CEOs’ support for privatisation, that is, it enhances CEOs’ positive attitude towards state control, which, in turn, negatively relates to CEOs’ support for privatisation.

  • Culture in corporate governance research. Conditions, interdependencies and operationalization, Folia Oeconomica, 536 No. 6, 2016 (co-author: Maria Aluchna).

The article considers the impact of cultural determinants on the governance mechanisms and institutions. The article is of theoretical character and it aims to propose a conceptual model of relations between culture and corporate governance.

  • Public interest as a goal or determinant of State Owned Companies’ objectives, Legal and Economic Studies, Vol. XCII, 2014.

The article regards the problem of public interest as the State Owned Companies’ (SOCs’) objective. The aim of the article is to decide if Polish SOCs’ objective is to realize public interest or if the public interest is realized by achieving other objectives.

  • Stakeholders of State Owned Companies, Management and Business Administration. Central Europe, Vol 22, No. 3, 2014.

The results of the study reveal that the stakeholders of the SOCs are members of their management and supervisory boards and their employees. As the stakeholders may be also regarded (from some perspective), the minister, vice ministers of treasury and the ministry officials. The shareholder, i.e. the treasury may not be regarded as the independent (autonomous) stakeholder.

  • Corporate authority in State Owned Companies, Management Issues, Vol 46 No. 2, 2014.

The aim of the article is to decide two research problems. Firstly, if the real corporate authority in Sate Owned Companies belongs to the entities that possess formal authority i.e. the authority that is based on regulation. Secondly, if the real corporate authority is possessed by the entities that are responsible for companies’ results and are appropriately informed about companies’ situation.

  • Corporate governance in State Owned Companies, Wolters Kluwer, 2013.

The book considers practical and theoretical corporate governance problems in SOCs. Author refers to the agency, stakeholder and property rights theories. In his research author analyses agency problem, identifies SOCs’ stakeholders and economic owners of companies stocks an assets