Corporate Governance Quality in Selected Transition Countries

Danila Djokic and Mojca Duh
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Danila Djokic: University of Primorska, Slovenia
Mojca Duh: University of Maribor, Slovenia

Managing Global Transitions, 2016, vol. 14, issue 4 (Winter), 335-350

Abstract: Important questions that concern the notion of good corporate governance focus on what good corporate governance is, who benefits from good corporate governance, and how corporate governance quality can be measured. The aim of our study was to broaden our understanding of the role of standards and codes of good corporate governance in improving governance practices.We found that not only formal regulations, standards, and governance codes, but also corporate governance indices-which make the assessment of companies’ governance practices possible-are important in measuring and improving governance quality. The results of the research based on the SEECGAN Index methodology indicated that mandatory requirements and voluntary recommendations of high governance standards had a positive impact on the corporate governance practice in Slovenia.

Keywords: corporate governance; index; quality; transition country (search for similar items in EconPapers)
JEL-codes: G34 P20 (search for similar items in EconPapers)
Date: 2016
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