crta
Hrvatska znanstvena Sekcija img
bibliografija
3 gif
 Naslovna
 O projektu
 FAQ
 Kontakt
4 gif
Pregledavanje radova
Jednostavno pretraživanje
Napredno pretraživanje
Skupni podaci
Upis novih radova
Upute
Ispravci prijavljenih radova
Ostale bibliografije
Slični projekti
 Bibliografske baze podataka

Pregled bibliografske jedinice broj: 302732

Poglavlje/Rad u knjizi

Autori: Kaštelan Mrak, Marija; Sokolić, Danijela; Vretenar, Nenad
Naslov: Post-Acquisition Performance of Croatian Companies Acquired by Foreign Owners
Knjiga: Economic Integration Prospects and Dilemmas : research monograph
Urednik/ci: Kumar, Andrej ; Kandžija, Vinko
Izdavač: Ekonomska fakulteta
Grad: Ljubljana
Godina: 2007
Raspon stranica:: 93-108
Ukupni broj stranica u knjizi:: 578
ISBN: 978-961-240-109-2
Ključne riječi: corporate governance, ownership structures, post acquisition performance, Croatia
Sažetak:
The issue on whether foreign owners bring prosperity to individual firms and to society is highly debated in Croatia. The question arises especially at times when there is a sell-out of a larger Croatian company to a foreign business group. We have studied the influence of ownership structures on the financial performance of Croatian companies by comparing firms with a majority share of foreign ownership, with companies that are still dominantly owned by the government privatization fund. We have also examined companies privatized through ESOP programs as a third referential group. The study stems from the hypothesis that ownership structures affect governance and this can lead to better corporate performance providing owners have the authority to act and possess pertinent information and adequate incentives. We have examined a sample of 63 firms and discussed the possible reasons as to why might firms acquired by foreigners, especially company groups, perform better. Our study indicates that foreign owners achieve better financial performance than other ownership structures. However, based on our research alone, we cannot argue that better performance is solely the result of better governance.
Projekt / tema: 081-1151212-1453, 081-0000000-1270
Izvorni jezik: ENG
Kategorija: Znanstveni
Znanstvena područja:
Ekonomija
Upisao u CROSBI: Marija Kaštelan Mrak (kastelan@oliver.efri.hr), 19. Srp. 2007. u 12:00 sati



Verzija za printanje   za tiskati


upomoc
foot_4