As one of the most rapidly changing corporate governance environments in the world, Europe represents a microcosm of the exciting innovation happening in the corporate governance arena, ranging from new approaches to board-level corporate governance practices to changes in regulatory requirements at the legislative level. Representing a diverse mix of nations at various stages of economic development and market maturity, the European Union as an entity is demonstrating the broad value of a prioritized focus on corporate governance while accounting for individual country and company circumstances. This publication, a guide to Corporate Governance practices in the European Union, offers an overview of the changes taking place across the EU's corporate governance landscape. It provides a focused examination of specific regulations and practices as well as a frank assessment of the challenges that remain. The value of this publication is that it examines the issues from all sides. It assesses the steps forward and steps backward, the progress made and the gaps that remain, presenting the sometimes widely varying perspectives of owners, boards, management, and other stakeholders to create a complete picture of the European corporate governance environment. In the context of the global economy, liberalization of markets and the intensifying competition Agricultural Cooperatives in Europe adapt its government, whish is getting approximates to capital companies. According to the European Commission on restructuring of the agricultural sector in the synthesis driven innovation in organizational and social models, ensuring sustainable development of the environment. The Commission believes that innovation "is generated not only through research and technology but also through new marketing management decisions". The opposite statement is also applicable, namely, that the adoption of different management models as constant limits the deployment of new scientific methods of analysis and improvement of governance structures. The purpose of this article is to analyze the innovative management approaches in European agricultural cooperatives and attitude of the management of these governance structures in Bulgaria to implement them. Under study are agricultural cooperatives in the country, the subject of analysis, governance and in particular the possibilities for implementing best practices. Production and market developments require adaptability and flexible methods of management, often necessitating the transfer of responsibility for decision-making by members of the managers. Internal governance refers to the structure, the relationships between the authorities of the organization, delegation of rights to decisions. Good corporate governance is often heralded as one of the key factors in establishing trust between companies and their shareholders-but with a raft of legislation to deal with, what are the current issues IROs should be aware of?