CORPORATE GOVERNANCE OF THE COMPANIES IN SOUTH EASTERN EUROPE

Elizabeta Stamevska ()
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Elizabeta Stamevska: European University –Republic of Macedonia, Skopje

Entrepreneurship, 2016, vol. 4, issue 1, 166-173

Abstract: Corporate governance is an important element in the investment process, mobilization, allocation and monitoring of the efficient use of resources, and its performance provides solid foundations for economic growth of a country. The construction of successful corporate structures and good governance in companies is an important issue and has a direct impact on the overall economic development of Southeast Europe. The problems of corporate governance in these countries, it should encourage them to understand the priorities and guiding framework that must be set for the implementation of reforms in this area if they want to function. Finding adequate solutions, establishing a balance between the preferences of holders of material interests of companies, ensuring successful operation and management is a difficult but necessary task. Therefore, it takes large and persistent efforts, in terms of defining strategies of corporate governance and making recommendations for further positive development of the companies in Southeast Europe.

Keywords: corporate governance; companies; Southeast Europe; economic development; corporate structure. (search for similar items in EconPapers)
Date: 2016
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