haku: @indexterm Croatia / yhteensä: 14
viite: 6 / 14
| Tekijä: | Collin, S.-O. Cesljas, I. |
| Otsikko: | Corporate governance in transitional economies: Business groups in Croatia |
| Lehti: | Journal for East European Management Studies (JEEMS)
2002 : VOL. 7:3, p. 162-186 |
| Asiasana: | CORPORATE GOVERNANCE TRANSITION ECONOMIES CROATIA ANALYTICAL REVIEW |
| Kieli: | eng |
| Tiivistelmä: | Croatia has a transitional economy that contains conditions for the evolution of business groups. Business groups are legally independent firms that typically are joined by equity ownership, and coordinating their use of resources, such as capital and managerial labour. They have evolved and exist in most European and Asian countries. The aim of the paper is to explain the corporate governance aspect of the privatized firms in Croatia, with special reference to the evolution of business groups. The authors argue that these groups function as a mean for the governance of the firms, solving the problems of capital and managers, handling the relationships with the state, and representing a socially legitimate organisation, thus producing institutional stability in a transitional economy. |
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