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Tytuł pozycji:

Some Corporate Governance specifications in economies in transition

Tytuł :
Some Corporate Governance specifications in economies in transition
Informacja o wydawcy :
Kolegji AAB 2018
Dodane szczegóły :
Mustafa, Saxhide
Typ dokumentu :
Zasób elektroniczny
Index Terms :
Transition Economies
governance
corporate boards
transparency
accountability
Thesis
1848-4298
Dostępność :
Open access content. Open access content
Uwaga :
English
Pozostałe numery :
KVAAB oai:dspace.aab-edu.net:123456789/1185
1079367612
Źródło wspomagające :
AAB COLL
From OAIster®, provided by the OCLC Cooperative.
Numer akcesji :
edsoai.on1079367612
Zasób elektroniczny
According to the principles and standards of market economies and based on OECD principles, Corporate Governance should ensure the growth of the value of companies' assets. Besides, it should provide a balanced representation of stakeholders' interests, first of all, to owners, management, and employees. One of the key problems that newly created private enterprises and enterprises created through privatization is their incorporation or the creation of modern corporate governance structures which, as discussed in this paper, are of primary importance for the growth of these companies, for their sustainability, for access to capital and for their investment attractiveness. Achieving these standards in transition economies is proving to be quite problematic, especially in the Eastern and Southeast Europe. Theoretical discussions and empirical research largely conclude that the problems are not so much associated with the legal framework as much as they are concerned with their implementation, especially with the institutional environment and the problems that these countries have with law enforcement and corruption. This paper provides an overview of theoretical discussions on specific corporate governance issues in these countries and then based on the secondary resources and empirical studies in Kosovo's case, a brief comparative analysis of developments in this area in Croatia, Bulgaria, and Kosovo. The conclusions drawn from this analysis appear to be in line with theoretical discussions.

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