Governance and Enterprise Restructuring in Southeast Europe

Mico Apostolov

MPRA Paper from University Library of Munich, Germany

Abstract: The research in this paper is to be focused on examining governance and enterprise restructuring in Southeast Europe (Western Balkans) transition economies. International organizations classify the following countries in Southeast Europe (Western Balkans): Albania, Bosnia and Herzegovina, Croatia, Macedonia, Montenegro and Serbia. The European Bank for Reconstruction and Development (EBRD) has governance and enterprise restructuring as basic indicator of economic transition and defines it as effective corporate governance and corporate control exercised through domestic financial institutions and markets, fostering market-driven restructuring. The corporate governance is most often defined in terms of the roles, responsibilities, and interactions of top management and the board of directors. Using data of Southeast European economies, will be examined the interrelationships between governance and enterprise restructuring and set of policies that influence the governance patterns.

Keywords: governance; enterprise restructuring; corporate governance; transition; Southeast Europe (search for similar items in EconPapers)
JEL-codes: G30 G32 G38 L38 O11 P31 (search for similar items in EconPapers)
Date: 2010-06-16
New Economics Papers: this item is included in nep-tra
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Citations: View citations in EconPapers (1)

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