Since 2014
Impact of the board on management of Lithuanian state owned enterprises
Ekonomika
View Archive Info| Field | Value | |
| Title |
Impact of the board on management of Lithuanian state owned enterprises
|
|
| Creator |
Jurkonis, Liudas
Aničas, Ignas |
|
| Subject |
—
state-owned enterprises (SOEs), board of directors (BoD), board composition, corporate governance, return on equity (ROE) — |
|
| Description |
The article concentrates on the main challenge tackled by the state-owned enterprises (SOEs) reform initiated by the 15th government of the Republic of Lithuania – an attempt to improve the corporate governance practices and management efficiency of Lithuanian SOEs. According to the insights offered by the new public management (NPM) paradigm, resource dependency theory (RDT) and principal-agent theory (PAT), the present research seeks to identify a quantifiable relationship between the composition of the board (which is one of the core aspects of the Lithuanian SOE reform) and return on equity (ROE) in Lithuanian SOEs (which is selected to be the key variable defining management efficiency). Based on key relationships among the selected parameters of the board (e.g., size, political independency, gender diversity, other) and SOE management efficiency identified, this paper offers practical public policy recommendations in the field of SOE management efficiency.
|
|
| Publisher |
Vilniaus universiteto Ekonomikos fakultetas / Vilnius University Faculty of Economics
|
|
| Contributor |
—
|
|
| Date |
2015-01-01
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://www.zurnalai.vu.lt/ekonomika/article/view/8792
10.15388/Ekon.2015.3.8792 |
|
| Source |
Ekonomika; Ekonomika 2015 94(3); 139-151
1392-1258 1392-1258 |
|
| Language |
lit
|
|
| Relation |
http://www.zurnalai.vu.lt/ekonomika/article/view/8792/6482
|
|
| Rights |
Autorinės teisės (c) 2015 Ekonomika
|
|