Maurović, Ljiljana and Hasić, Tea (2013) REDUCING AGENCY COSTS BY SELECTING AN APPROPRIATE SYSTEM OF CORPORATE GOVERNANCE. In: The 6th International Scientific Conference "The Changing Landscape: Issues, Implications and Policy Options ; Economic in Crisis - The Crisis of Economics", 30.5. - 1.6.2013., Pula, Hrvatska.
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This paper analyzes the Principal-Agent Problem in Corporate Governance. Focus is on the question: One-Tier or Two-Tier system of Corporate Governance – which one is more effective in reducing Agency Costs? After detailed analysis of relevant provisions from different legel systems, the authors conclude: It should be prescribed by Codes of Corporate Governance that system of Corporete Governance depends on shareholders' structure in certain company. Significant indication for potential investors to not invest in the company, would exist if the best practice of Corperate Governance – including the system of Corporate Governance recommended by CCG, is not applied.
| Tip objekta: | Materijal konferencije ili radionice (Paper) |
|---|---|
| Mentor: | NIJE ODREĐENO |
| Ključni pojmovi: | Principal-Agent Problem, One-Tier and Two-Tier System of Corporate Governance, Directors' liability |
| Teme: | 3 Društvene znanosti > 34 Pravo. Pravna znanost |
| Odjeli: | Fakultet ekonomije i turizma "Dr. Mijo Mirković" |
| Datum pohrane: | 24 Feb 2014 12:58 |
| Zadnja promjena: | 24 Feb 2014 12:58 |
| URI: | http://eknjiznica.unipu.hr/id/eprint/3706 |
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