 Management Buy-Out and Good Corporate GovernanceDanila Djokic A chapter in From Research to Entrepreneur Practice, 2015, pp 147-173 from University of Primorska, Faculty of Management Koper Abstract: Contribution analysis the impacts of regulatory actions on the corporate governance in the Republic of Slovenia and deals with the legal basis for the purchase of shares by the managers. The trend, which is perceptible in the Republic of Slovenia is that the management had been controlling the corporations since the formation of the state till the present time.Managers have used the legally possible options and models of corporate governance and the mechanisms that were available in privatization and postprivatization period in the past for the acquisition of the power and the control of the companies. In addition to the functions and responsibilities of running a business, they have become a significant shareholder in the companies. Their double role and the conflict of the interest have resulted negatively, so that the company assets have been used for the purpose of the private (personal) ownership of the company shares or company acquisition, instead of the maintainment and the enlargement of the business of the companies, they have managed. Keywords: management buy-out; corporate governance; control of the company; privatization; ownership transformation; corporatization (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:mgt:irpp15:147-173 Access Statistics for this chapter More chapters in From Research to Entrepreneur Practice from University of Primorska, Faculty of Management Koper Contact information at EDIRC. |
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