Perspectives of Corporate Governance in Croatian Banking Sector
AbstractFinancial market of any country firstly has to be “secure”, but although financial market is regulated and monitored, we were witnesses of bad examples (Island). So, globally all aspects of corporate governance became interesting: ownership; nature of activities; liquidity ratios, etc. The goal of this paper is to give perspectives of corporate governance in Croatian banking sector. The results of the research conducted in October 2010 are presented. The situation regarding corporate governance issues in banks is highlighted. According to the research in Croatian banks in the future corporate governance should give more attention to responsiveness; equity; efficiency and effectiveness; and on accountability. Mentioned principles are not clearly defined and recognizable. These will assure differentiation on market and trust of all stakeholders.
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Bibliographic InfoArticle provided by Econjournals in its journal International Journal of Economics and Financial Issues.
Volume (Year): 1 (2011)
Issue (Month): 3 (September)
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Web page: http://www.econjournals.com
Corporate Governance; Banking Sector; The Republic of Croatia;
Find related papers by JEL classification:
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
- M14 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Corporate Culture; Social Responsibility
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- T. G. Arun & J. D. Turner, 2004.
"Corporate Governance of Banks in Developing Economies: concepts and issues,"
Corporate Governance: An International Review,
Wiley Blackwell, vol. 12(3), pages 371-377, 07.
- Arun, Thankom G. & Turner, John David, 2003. "Corporate Governance of Banks in Developing Economies: Concepts and Issues," Development Economics and Public Policy Working Papers 30551, University of Manchester, Institute for Development Policy and Management (IDPM).
- Cedomir Ljubojevic & Gordana Ljubojevic, 2008. "Building Corporate Reputation through Corporate Governance," Management, University of Primorska, Faculty of Management Koper, vol. 3(3), pages 221-233.
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