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Corporate management in Greece in the context of debt crisis

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  • Vasiliki Bazdekidu

Abstract

The article highlights one of the important aspects of the capital market in Greece - the model of corporate management. It studies the specific features s of the Greek model of corporate management, which is dominated by family firms and public companies, with arguments for the view that most public companies have no adequate mechanisms of corporate management. A conclusion was made, that although there are certain results in this area, they are limited to a few relatively large companies seeking to attract international funding. The concept of corporate governance has not been implemented in the Greek business community, which is an obstacle to the expansion of family businesses, for better management of state companies and privatization processes.

Suggested Citation

  • Vasiliki Bazdekidu, 2015. "Corporate management in Greece in the context of debt crisis," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 91-105.
    • Handle: RePEc:bas:econth:y:2015:i:6:p:91-105
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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