Evaluation of Board of Directors in Public Enterprises of Kosovo
European Journal of Sustainable Development
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Title |
Evaluation of Board of Directors in Public Enterprises of Kosovo
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Creator |
Beqiraj, Metë
Bregasi, Magdalena |
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Description |
Public Enterprises (PE) in Kosovo were incorporated in December 2005 and corporate governance (CG) was adopted for the first time. CG is a new concept in Kosovo and is currently under the process of development and improvement. PE's in Kosovo are owned 100% by the government. CG in PE poses a significant challenge in many economies because of its complex nature. The purpose of this research is to shed some light on the conditions that are needed for ensuring the effectiveness of the Board of Directors (BD) of PE. Composition of the Board of PE plays a key role in the CG. Strengthening of BD to exercise effective monitoring is a difficult challenge for PE. PE's in Kosovo are characterized by a lack of law enforcement and political interference from the central bodies of government. The basic hypothesis is that non-professional boards that are influenced by political interference have a negative impact upon the performance of the PE. Methodology: This research was conducted using primary data (surveys and interviews) and secondary data (annual reports, financial statements, regulatory reports and PMUPE). The results of the research will identify priorities of the reforms that lead toward improvement of CG and economic performance.Keywords: corporate governance, evaluation, public enterprises.
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Publisher |
European Center of Sustainable Development
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Contributor |
—
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Date |
2015-10-02
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
https://ecsdev.org/ojs/index.php/ejsd/article/view/293
10.14207/ejsd.2015.v4n3p135 |
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Source |
European Journal of Sustainable Development; Vol 4, No 3; 135-144
2239-6101 2239-5938 |
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Language |
eng
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Relation |
https://ecsdev.org/ojs/index.php/ejsd/article/view/293/pdf_1
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Rights |
This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.Authors of articles published in the European Journal of Sustainable Development retain copyright on their articles. Authors are therefore free to disseminate and re-publish their articles, subject to any requirements of third-party copyright owners and subject to the original publication being fully cited. The ability to copy, download, forward or otherwise distribute any materials is always subject to any copyright notices displayed. Copyright notices must be displayed prominently and may not be obliterated, deleted or hidden, totally or partially.
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