Self-management in the Former Yugoslavia : from a Viewpoint of Corporate Governance

• Autorzy: Yoji Koyama
• Języki publikacji: EN

Abstrakty

EN

This paper makes an historical evaluation of workers' self-management which lasted for about 40 years in the former Yugoslavia. Directors' power was reduced considerably especially in the regime of the 1974 Constitution. Banks lacked autonomy in this regime. Banks were given a status of financial institutions which ought to serve self-managed enterprises. The way of founding banks was changed in such a way that self-managed enterprises founded a bank by pooling funds. Self-managed enterprises owed banks a large amount of debt, and local political circles were interested in financing the local self-managed enterprises for the purpose of development of the regional economy. Banks were actually managed by big debtors. Due to these defects self-management in the former Yugoslavia proved inefficient. (original abstract)

Słowa kluczowe

EN

Corporate governance; Workers' self-government; Banks; Self-management

PL

Ład korporacyjny; Samorządność pracownicza; Banki; Samozarządzanie

• Czasopismo: Zarządzanie i Finanse
• Rocznik: 2013
• Numer: R. 11, nr 2, cz. 6
• Strony: 97--112

Twórcy

autor

Yoji Koyama

• Niigata University, Japan

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