engleski

Financial performance of state-owned enterprises

Croatia is one of European countries whose share of state-owned enterprises (SOEs) in GDP is exceptionally high. Such companies are present across all economic sectors and their share in budget revenue is inconsiderable due to poor financial operations. The aim of this paper is to determine the financial performance of state- owned enterprises and draw attention to issues arising from the way their business operations are monitored. Given the statistical discrepancies in data, this analysis focuses mostly on the 2008 – 2016 period. The primary sources of the data used herein are the Financial Agency (Fina), the Ministry of Finance and the Ministry of State Property.

State-owned enterprises

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