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Perspectives of Corporate Governance in Croatian Banking Sector

Author

Listed:
  • Tea Golja

    (University of Pula, Croatia)

  • Marinela Krstinic Nizic

    (University of Rijeka, Croatia)

  • Morena Paulišic

    (University of Pula, Croatia)

Abstract

Financial 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.

Suggested Citation

  • Tea Golja & Marinela Krstinic Nizic & Morena Paulišic, 2011. "Perspectives of Corporate Governance in Croatian Banking Sector," International Journal of Economics and Financial Issues, Econjournals, vol. 1(3), pages 78-87, September.
  • Handle: RePEc:eco:journ1:2011-03-1
    as

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    References listed on IDEAS

    as
    1. Thankom Gopinath Arun & John Turner, 2009. "Corporate Governance of Banks in Developing Economies: Concepts and Issues," Chapters,in: Corporate Governance and Development, chapter 7 Edward Elgar Publishing.
    2. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Corporate Governance; Banking Sector; The Republic of Croatia;

    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; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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