Application of court mediation in economic and business matters

Abstract

Company owners or people managing the company face various problems, conflicts and disputes on a daily basis. Some of them are a real challenge for them and, as a consequence, lead to mediation interventions.
These, in turn, are an alternative to resolving a dispute or a business conflict and bring hope for an improvement in the quality of the company’s operation within its management system. It should be noted that mediation is a process of voluntary and confidential dispute resolution in the presence of a neutral and impartial mediator. In a relatively short time and at low costs, entities participating in mediation can achieve a satisfactory solution, which in many cases translates into their further business cooperation. The aim of the article is to present the positive results of the use of mediation in economic and business cases. The article is an attempt to answer the problem question: What is the use of mediation in economic and business matters? The essence of mediation, its principles and stages of the mediation procedure as well as its application in company management will be briefly explained and discussed.