Upgrading corporate governance practice of state owned enterprises in processes of EU integration – comparation of Serbia and Slovenia

Erić, Dejan and Stošić, Ivan (2011) Upgrading corporate governance practice of state owned enterprises in processes of EU integration – comparation of Serbia and Slovenia. In: Contemporary issues in the integration processes of Western Balkan countries in the European Union. International Center for Promotion of Enterprise, Ljubljana, pp. 234-236. ISBN 978-961-93203-0-3

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Abstract

The aim of this work is to analyze the outstanding issues and opportunities for upgrading corporate governance in state-owned enterprises - (SOEs) through a comparative analysis of this type of enterprise in Serbia and Slovenia. This is a very remarkable group of copanies that have a major role in the overall economic life of both countries. Increasing efficiency and effectiveness in their management can contribute to raising the overall level of competitiveness and meeting the economic criteria for the integration of some countries in the European Union. In this paper we will try to identify several areas and examples of good practice which lead to improved corporate governance, and thus the better performance of this type of enterprise. In a variety of areas in which the corporate governance may be improved, we focused our analysis on the three areas, as follows: policy of ownership, regulations in terms of increasing transparency and functioning of the boards of directors.

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