Corporate management in Greece in the context of debt crisis

Vasiliki Bazdekidu

Economic Thought journal, 2015, issue 6, 91-105

Abstract: The article highlights one of the important aspects of the capital market in Greece - the model of corporate management. It studies the specific features s of the Greek model of corporate management, which is dominated by family firms and public companies, with arguments for the view that most public companies have no adequate mechanisms of corporate management. A conclusion was made, that although there are certain results in this area, they are limited to a few relatively large companies seeking to attract international funding. The concept of corporate governance has not been implemented in the Greek business community, which is an obstacle to the expansion of family businesses, for better management of state companies and privatization processes.

JEL-codes: G18 G38 K22 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2015:i:6:p:91-105

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