Naslov
Corporate governance reporting and financial and market performance of selected companies on Zagreb stock exchange

Autori
Hašček, Andreja ; Butković, Damir ; Kalazić, Zorislav

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Interdisciplinary Management Research XV / Barković, Dražen ; Crnković, Boris ; Zekić Sušac, Marijana ; Dernoscheg, Karl – Heinz ; Pap, Norbert ; Runzheimer, Bodo ; Dirk, Wentzel - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU), 2019, 1347-1361

Skup
15th International Conference on Interdisciplinary Management Research (IMR 2019)

Mjesto i datum
Opatija, Hrvatska, 16.05.2019. - 18.05.2019

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
corporate governance code, corporate governance reporting (“comply or explain”), issuers with securities admitted to trading on a regulated market, financial performance, market performance

Sažetak
Issuers whose shares are admitted to trading on a regulated market operated by the Zagreb Stock Exchange are obliged to follow Corporate Governance Code recommendations and annually report to the public about their compliance with the respective provisions of the Code. When reporting to the public about their compliance the “comply or explain” principle is applied. Moreover, issuers of shares as public interest entities have an obligation to include their corporate governance statements into management reports when making their annual financial reports available to the public. The main goals of corporate governance reporting is to raise awareness of the importance of corporate governance itself for the sustainability of the issuers’ performances and to further enhance transparency of the issuers’ business activities. The objective of this paper is to analyse corporate governance compliance reports of respective issuers whose shares are admitted to trading on the Zagreb Stock Exchange in order to determine if there is a linkage between corporate governance compliance degree and the issuers’ financial and market performances and to what extent. The aim of this paper is, if possible, to define next steps in corporate governance improvements as an important determinant towards sustainable growth of the issuers.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA