Projects / Programmes
Corporate Governance and Efficiency of Slovenian Economy (Economic and Legal Analysis)
Code |
Science |
Field |
Subfield |
5.02.00 |
Social sciences |
Economics |
|
Code |
Science |
Field |
S180 |
Social sciences |
Economics, econometrics, economic theory, economic systems, economic policy |
management, corporate governance, efficiency of Slovenian economy
Researchers (4)
Organisations (1)
Abstract
One of the key elements wich promote the efficiency of the economy (micro and macro level) is efficient system of corporate governance. Corporate governance consists of the relationships among the relevant groups of actors in the company (the shareholders, Management Board and Supervisory Board) on one hand, and the stakeholders (different markets, for example, financial markets and agencies that supervise companies in the economy) on the other hand.
The goal of the project is to analyze both groups of actors that are relevant for corporate governance and the institutional environment in which the two groups exist and act, using economic and legal analysis, with the aim to define how relationships among defined groups and their quality, affect the efficiencies of the companies, defined by the value of the companies achieved in the market. The analysis will also take into account the macroeconomic environment and its effect on the corporate governance and also the feedback of the existing system of corporate governance on the macreoeconomic environment. The result of the analysis will be used to define the relevant changes in the legal system, which aim to improve micro and macro efficiency of the economy.
The analysis will include the overview of the relevant legislature (also tax laws), the existing non-legal relationships will be examined on the level of corporate governance, which will, together with the existing and forthcoming empirical evidence, form the basis for the recommendations for the legal changes in the economy. The analysis will use the tools of both, the economic and legal analysis, synthesizing them on the basis of the theory and literature used by Law&economics field.