Perspectives of Corporate Governance in Croatian Banking Sector

Financial market of any country firstly has to be “secure”, but although financial market is regulated and monitored, we were witnesses of bad examples (Island). So, globally all aspects of corporate governance became interesting: ownership; nature of activities; liquidity ratios, etc.  The goal of...

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Main Authors: Tea Golja, Marinela Krstinić Nižić, Morena Paulišić
Format: Article
Language:English
Published: EconJournals 2011-07-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/19
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author Tea Golja
Marinela Krstinić Nižić
Morena Paulišić
author_facet Tea Golja
Marinela Krstinić Nižić
Morena Paulišić
author_sort Tea Golja
collection DOAJ
description Financial market of any country firstly has to be “secure”, but although financial market is regulated and monitored, we were witnesses of bad examples (Island). So, globally all aspects of corporate governance became interesting: ownership; nature of activities; liquidity ratios, etc.  The goal of this paper is to give perspectives of corporate governance in Croatian banking sector. The results of the research conducted in October 2010 are presented. The situation regarding corporate governance issues in banks is highlighted. According to the research in Croatian banks in the future corporate governance should give more attention to responsiveness; equity; efficiency and effectiveness; and on accountability. Mentioned principles are not clearly defined and recognizable. These will assure differentiation on market and trust of all stakeholders. Keywords: Corporate governance; Banking sector; Republic of Croatia JEL Classifications:  D22; K23; M14
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spelling doaj.art-3d2505613af14f9cbf8b3ce59585f4992023-02-15T16:09:37ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382011-07-0113Perspectives of Corporate Governance in Croatian Banking SectorTea GoljaMarinela Krstinić Nižić0Morena PauliÅ¡ić1University of RijekaJuraj Dobrila University of Pula Financial market of any country firstly has to be “secure”, but although financial market is regulated and monitored, we were witnesses of bad examples (Island). So, globally all aspects of corporate governance became interesting: ownership; nature of activities; liquidity ratios, etc.  The goal of this paper is to give perspectives of corporate governance in Croatian banking sector. The results of the research conducted in October 2010 are presented. The situation regarding corporate governance issues in banks is highlighted. According to the research in Croatian banks in the future corporate governance should give more attention to responsiveness; equity; efficiency and effectiveness; and on accountability. Mentioned principles are not clearly defined and recognizable. These will assure differentiation on market and trust of all stakeholders. Keywords: Corporate governance; Banking sector; Republic of Croatia JEL Classifications:  D22; K23; M14 https://econjournals.com/index.php/ijefi/article/view/19
spellingShingle Tea Golja
Marinela Krstinić Nižić
Morena Paulišić
Perspectives of Corporate Governance in Croatian Banking Sector
International Journal of Economics and Financial Issues
title Perspectives of Corporate Governance in Croatian Banking Sector
title_full Perspectives of Corporate Governance in Croatian Banking Sector
title_fullStr Perspectives of Corporate Governance in Croatian Banking Sector
title_full_unstemmed Perspectives of Corporate Governance in Croatian Banking Sector
title_short Perspectives of Corporate Governance in Croatian Banking Sector
title_sort perspectives of corporate governance in croatian banking sector
url https://econjournals.com/index.php/ijefi/article/view/19
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AT morenapauliaia perspectivesofcorporategovernanceincroatianbankingsector