The practices and corporate governance frameworks: comparative evidence from south-eastern European countries

Albulena Shala () and Albana Berisha Qehaja ()
Additional contact information
Albulena Shala: University of Prishtina “Hasan Prishtina†, Prishtina, The Republic of Kosova
Albana Berisha Qehaja: Universum College, Prishtina, The Republic of Kosova

Eastern Journal of European Studies, 2021, vol. 12(1), 53-80

Abstract: Strong corporate governance requires legal, regulatory, and structural frameworks to be relevant and efficient. Poor corporate governance mechanisms, a lack of knowledge of the importance of good corporate governance and, often, a poor institutional structure were major impediments to the growth of effective financial markets and establishment of a stable investment environment in South-Eastern European Countries (SEE). In this paper, we comparatively analyse corporate governance practices and their legal frameworks in SEE countries. The study results show, on the one hand, that Albania has the lowest scores in corporate governance practices and, on the other hand, that Croatia and Slovenia have the highest scores in these practices. Overall, corporate governance is a significant subject for organizations of all sizes and has drawn interest from policy, corporate executives, stakeholders, and academic researchers.

Keywords: corporate governance; ownership; boards; South-Eastern Europe (SEE) (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ejes.uaic.ro/articles/EJES2021_1201_SHA.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jes:journl:y:2021:v:12:p:53-80

DOI: 10.47743/ejes-2021-0103

Access Statistics for this article

More articles in Eastern Journal of European Studies from Centre for European Studies, Alexandru Ioan Cuza University Contact information at EDIRC.
Bibliographic data for series maintained by Alupului Ciprian ().