Author deals with legal analysis of differences and similarities of corporate governance of the state owned enterprises and points out some peculiarities of the new legal framework of state financial investments in Slovenia. Author tries to answer the questions like what is the role of the state as an owner, do we have efficient regulatory framework for state owned enterprises, what are the relationships with the stakeholders and how does the regulation of transparency and disclosure look like. In addition there is a brief comparison of the implementation of the OECD Guidelines in the field of corporate governance of state owned enterprises.
B.04 Guest lecture
COBISS.SI-ID: 11962961Enthusiasm over recently passed fiscal pact will be short-lived; much shorter than enthusiasm over euro, a symbol of success which turned to a threat to European integration; fiscal pact will only strengthen the threat. The problems created by monetary union are now supposed to be resolved by adding fiscal union which implies fiscal federalism i.e. agreements on what are the tasks of different levels of government and corresponding distribution of revenues and expenditures. In a fiscal union, all citizens of the union should be equally entitled to public services of the “federation” which implies that “transfers” to member states are determined by their shares in the population. Whether creation of such fiscal union is feasible depends on the required redistribution of GDP among member states. For hypothetical calculations, a »Yugoslav« model of tax revenue participation is used. According to it, revenues of the customs belong to federal authorities, revenues of direct taxes to member states, while revenues of indirect taxes are split between union authority and member states.
B.04 Guest lecture
COBISS.SI-ID: 33425965The key lessons of mass privatization implemented in Central and Eastern Europe are analyzed and presented in this paper. What are the necessary regulatory, institutional and social ingredients which provide incentive for successful restructuring of the firms in transition and what are the essential impediments which may burden the efforts of restructuring The discussion will be presented on the basis of comparative institutional basis and it will try to provide some of the answers of how to provide more stimulating institutional environment for the future economic development in the context of Europeanization and globalization.
B.03 Paper at an international scientific conference
COBISS.SI-ID: 4165591