Corporate governance and economic crisis in developing countries Cover Image

Corporate governance and economic crisis in developing countries
Corporate governance and economic crisis in developing countries

Author(s): Igor Todorović, Stevo Pucar
Subject(s): National Economy, Supranational / Global Economy, Business Economy / Management, Financial Markets, Public Finances
Published by: Department of Insurance, Faculty of Economics, Management and Accountancy, University of Malta.
Keywords: Corporate Governance; Economic Crisis; OECD; Bosna and Herzegovina;

Summary/Abstract: The paper analyses influence of global economic crisis on enterprises from developing countries. Analysis is conducted with the goal of determining the reason of crisis and imposing recommendations for mitigation of effects arose from crisis. Main assumption is that irresponsible behaviour of decision makers is the main cause of economic crisis. Due to this, standards and good practice of corporate governance in OECD countries and the Republic of Srpska are analyzed with goal to indicate the omissions in their implementation. Also attitudes of OECD action plan for improvement of corporate governance are presented and recommendations for improvement for state of corporate governance in the Republic of Srpska are imposed.

  • Issue Year: 4/2017
  • Issue No: 2
  • Page Range: 54-63
  • Page Count: 10
  • Language: English