Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/66667
Title: | Good and transparent management of state-owned companies – reality or utopia? |
Authors: | Balantič, Janez |
Keywords: | Economic development -- Slovenia Government business enterprises -- Slovenia Corporate governance -- Slovenia Stockholders -- Slovenia |
Issue Date: | 2020 |
Publisher: | Governance Research and Development Centre, Croatia & University of Malta, Faculty of Economics, Management and Accountancy, Department of Insurance |
Citation: | Balantič, J. (2020). Good and transparent management of state-owned companies – reality or utopia?. Journal of Corporate Governance, Insurance, and Risk Management, 7(1), 39-52. |
Abstract: | Certain tasks in the Republic of Slovenia are in the domain of the state or local community. In order to carry out these tasks, state-owned or public companies have been established. The management of such companies is not always good and transparent, and as a result, it often leads to considerable damage to public property. Such situations are mostly caused by poor management by the management boards, and rarely by poor and inadequate control by the supervisory boards. They are also the result of poor and inadequate communication between the management and supervisory boards. Unfortunately, poor governance does not occur in isolated cases and the mismanagement of such companies is often only introduced to the public through affairs that are presented in the media. There are, however, also some positive exceptions with good and transparent corporate governance that bring profits to the shareholders and, consequently, lower the prices of individual services for citizens. |
Description: | This article was presented at the 8th International OFEL Conference on Governance, Management and Entrepreneurship. From Corporations to Social Entrepreneurs: Exploring the Different Faces of Social Innovation (April 17th – 18th, 2020, Dubrovnik, Croatia, Governance Research and Development Centre CIRU), Zagreb, pp. 79-90 |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/66667 |
Appears in Collections: | JCGIRM, Volume 7, Issue 1, 2020 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Good and transparent management of state-owned companies.pdf | 317.71 kB | Adobe PDF | View/Open |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.