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Measuring Transparency of the Corporate Governance in Slovenia

Author

Listed:
  • Danila Djokic

    (University of Primorska, Slovenia)

  • Mojca Duh

    (University of Maribor, Slovenia)

Abstract

Several corporate governance indices and ratings were developed in order to measure the level of corporate governance quality. One of indices recently developed is the SEECGAN index. SEECGAN Index of Corporate Governance (hereinafter SEECGAN Index) was created and presented in 2014 as a result of the joint efforts of the members of the South East Europe Corporate Governance Academic Network. Unlike other measures of corporate governance commonly used in different studies, this index captures all major aspects of corporate governance. The SEECGAN Index of Corporate Governance covers seven categories that are: 1) Structure and Governance of Boards; 2) Transparency and Disclosure of Information; 3) Shareholders' Rights; 4) Corporate Social Responsibility; 5) Audit and Internal Control; 6) Corporate Risk Management; 7) Compensation / Remuneration. In the paper, we present the preliminary research on transparency and disclosure of information.

Suggested Citation

  • Danila Djokic & Mojca Duh, 2015. "Measuring Transparency of the Corporate Governance in Slovenia," MIC 2015: Managing Sustainable Growth; Proceedings of the Joint International Conference, Portorož, Slovenia, 28–30 May 2015,, University of Primorska, Faculty of Management Koper.
    • Handle: RePEc:mgt:micp15:373-381
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    References listed on IDEAS

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    1. Martynova, M. & Renneboog, L.D.R., 2010. "A Corporate Governance Index : Convergence and Diversity of National Corporate Governance Regulations," Discussion Paper 2010-17, Tilburg University, Center for Economic Research.
    2. De Nicolò, Gianni & Laeven, Luc & Ueda, Kenichi, 2008. "Corporate governance quality: Trends and real effects," Journal of Financial Intermediation, Elsevier, vol. 17(2), pages 198-228, April.
    3. Healy, Paul M. & Palepu, Krishna G., 2001. "Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature," Journal of Accounting and Economics, Elsevier, vol. 31(1-3), pages 405-440, September.
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