IDEAS home Printed from https://ideas.repec.org/a/taf/cjsbxx/v21y2019i5p613-623.html
   My bibliography  Save this article

Corporate Governance following the Slovenian Transition: From Success Story to Failed Case

Author

Listed:
  • Matej Lahovnik

Abstract

The most recent world economic crisis revealed serious weaknesses in Slovenia’s gradual approach to the transition. The Slovenian transition model was hailed as a success in the 1990s but the last decade has become seen as a failure. The country’s economy has suffered more than other comparable post-transition economies from an inefficient corporate governance system. The paper presents the failed transformation of Slovenia’s corporate governance process and its consequences. The ownership structures emerging from the various privatization programmes in Slovenia have not led to ownership being concentrated in the hands of strategic owners able to provide the necessary resources to finance the sustainable economic development of companies. Companies with external strategic owners outperform companies with internal or state owners. The article argues that effective corporate governance is essential to a firm’s performance.

Suggested Citation

  • Matej Lahovnik, 2019. "Corporate Governance following the Slovenian Transition: From Success Story to Failed Case," Journal of Balkan and Near Eastern Studies, Taylor & Francis Journals, vol. 21(5), pages 613-623, September.
    • Handle: RePEc:taf:cjsbxx:v:21:y:2019:i:5:p:613-623
    DOI: 10.1080/19448953.2018.1506290
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/19448953.2018.1506290
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/19448953.2018.1506290?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:cjsbxx:v:21:y:2019:i:5:p:613-623. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/cjsb .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.