Attributes to corporate governance and enterprise restructuring in the Macedonian economy

Mico Apostolov ()

MPRA Paper from University Library of Munich, Germany

Abstract: Corporate governance is most often defined in terms of the roles, responsibilities, and interactions of top management and the board of directors. Using information on Macedonia, obtained through various sources, this study is an attempt on determining some of the factors that influence the development of governance and enterprise restructuring in this economy. This study is founded on governance-conduct-performance paradigm in strategic management. We will examine the possibilities that lead to the fallowing outcomes: A) The degree to which governance and enterprise restructuring is positively related to foreign direct investments, exports and value added (industry and services) in Macedonian economy; B) The degree to which governance and enterprise restructuring is related to: listed domestic companies, market capitalization of listed companies and stocks traded, and presumably that relation is somewhat ambiguous, nonetheless important.

Keywords: corporate governance; enterprise restructuring; transition; SEE; Macedonia (search for similar items in EconPapers)
JEL-codes: G38 G34 G32 P31 L33 G30 O12 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-tra
Date: 2011
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http://mpra.ub.uni-muenchen.de/29101/ original version (application/pdf)
http://mpra.ub.uni-muenchen.de/29881/ revised version (application/pdf)
http://mpra.ub.uni-muenchen.de/30604/ revised version (application/pdf)
http://mpra.ub.uni-muenchen.de/30605/ revised version (application/pdf)

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