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Governance and Enterprise Restructuring in Southeast Europe

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  • Apostolov, Mico

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.

Suggested Citation

  • Apostolov, Mico, 2010. "Governance and Enterprise Restructuring in Southeast Europe," MPRA Paper 27634, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:27634
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    References listed on IDEAS

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    Cited by:

    1. Apostolov, Mico, 2011. "Governance and Enterprise Restructuring - the case of Macedonia," MPRA Paper 29098, University Library of Munich, Germany.

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    More about this item

    Keywords

    governance; enterprise restructuring; corporate governance; transition; Southeast Europe;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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