Naslov
Top management turnover in Croatian State-Owned Companies

Autori
Tipurić, Darko ; Mešin, Marina ; Lovrinčević, Marina

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

Izvornik
Future Organization Proceedings of the 30th International Conference on Organizational Science Development / Ferjan, Marko ; Kljajić Borštnar, Mirjana ; Pucihar, Andreja - Maribor : Moderna organizacija, 2011, 1407-1414

ISBN
978-961-232-246-5

Skup
30th International Conference on Organizational Science Development

Mjesto i datum
Portorož, Slovenija, 23.03.2011. - 25.03.2011

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
top management turnover; corporate governance; state owned companies

Sažetak
The character of the relationship between top management turnover and business performance is relevant in assessing the quality, efficiency and effectiveness of corporate governance. Efficiency of corporate governance is defined by the degree of governance structures' adjustment to poor performance. Efficient systems of corporate governance should replace poorly performing managers. In this aspect turnover-performance relationship can be viewed as an indicator of corporate governance efficiency. In this paper we analyze the turnover-performance relationship in Croatian state owned companies. Croatia, as a transitional economy, still has a relatively high share of state ownership. We find that reasons for top management turnover in Croatian state owned companies are primarily politically influenced and the results of our empirical research shows that there is a weaker relationship between forced turnover and performance in Croatian companies where the State is the dominant shareholder in comparison to privately owned companies

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA