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Major Public Enterprises in Croatia

Author

Listed:
  • Anto BAJO

    (Institute of public finance, Zagreb, Croatia)

  • Marko PRIMORAC

    (University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia.)

Abstract

The aim of this paper is to present basic characteristics of state-owned enterprises in Croatia, assess their financial operations and identify major trends in their operations and long-term development prospects. The analysis is carried out for the period from 2009 to 2013. The paper gradually examines financial operations, management system and the systems of accountability and transparency. The particular emphasis is on the comparative overview of major state-owned enterprises’ missions and the extent to which they serve public purposes. Moreover, the paper evaluates capital investment plans and provides proposals for the reform of state-owned enterprises in Croatia. In all state-owned enterprises, a serious organizational restructuring - adjustment of the organizational structure and number of employees is still expected

Suggested Citation

  • Anto BAJO & Marko PRIMORAC, 2015. "Major Public Enterprises in Croatia," CIRIEC Working Papers 1509, CIRIEC - Université de Liège.
    • Handle: RePEc:crc:wpaper:1509
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    File URL: https://www.ciriec.uliege.be/repec/WP15-09.pdf
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    Cited by:

    1. Maisuradze Davit & Narmania Giorgi & Lazishvili Magda & Tkeshelashvili Mariam & Shakiashvili Irakli, 2020. "Is Corporate Social Responsibility (CSR) a New Alternative to Governance Challenges of State-Owned Enterprises (SOEs)?," Central European Journal of Public Policy, Sciendo, vol. 14(2), pages 28-46, December.

    More about this item

    Keywords

    state owned enterprise; financial operation; management; accountability; capital investment.;
    All these keywords.

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