Corporate Governance in Lithuania PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Corporate Governance in Lithuania PDF full book. Access full book title Corporate Governance in Lithuania by OECD. Download full books in PDF and EPUB format.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264302611
Category :
Languages : en
Pages : 178
Get Book Here
Book Description
This review assesses Lithuania’s corporate governance arrangements for listed companies and state-owned enterprises against the standards of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264302611
Category :
Languages : en
Pages : 178
Get Book Here
Book Description
This review assesses Lithuania’s corporate governance arrangements for listed companies and state-owned enterprises against the standards of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Jurgita Strahm
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Corporate governance practices in Lithuania have not been documented yet. For this reason, the goal of this Thesis is to discover general corporate governance patterns applied by listed Lithuanian companies. New Corporate Governance model developed by Hilb (2005) was chosen as the core theoretical framework of the study. Consequently, corporate governance practices were assessed from strategic, integrated, and controlling perspectives. To get the full picture, external business environment present in Lithuania was analysed taking in consideration the factors identified by Aguilera & Jackson (2003). The findings of the survey show that listed Lithuanian companies have already developed a number of important governance processes. Comparing corporate governance systems applied in practice and the ones described in literature, it was concluded that listed Lithuanian companies adhere to recommendations developed by academics and practitioners even though there is still plenty of space for improvement.
Author: Ricardas Jurciukonis
Publisher:
ISBN:
Category :
Languages : en
Pages : 85
Get Book Here
Book Description
Author:
Publisher: World Bank Publications
ISBN: 9780821343272
Category : Business & Economics
Languages : en
Pages : 372
Get Book Here
Book Description
Soon after its declaration of independence, Lithuania launched a program of market-based economic reforms that achieved remarkable results. However, a banking crisis erupted in January 1996, driven by a combination of ineffective bank supervision, poor bank practices, and deep-rooted sectoral imbalances. With financial support from the World Bank, Lithuanian authorities embarked on a broad economic reform program with two immediate objectives: the resolution of the banking system's operational and undercapitalization problems, and a reduction in the most severe imbalances in the economy. 'Volume I' distills findings and conclusions and builds a policy action plan for fast stable growth. 'Volume II' contains a collection of twelve policy notes that provide the technical analysis behind that plan.
Author: Claudia Curi
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
Get Book Here
Book Description
This paper investigates whether and to what extent corporate governance mechanisms affect the efficiency of State Owned Enterprises (SOEs) operating in transition economies. Furthermore, it examines the relationship between corporate governance practice and its impact on both wholly state run SOEs and majority state run SOEs. We employed a unique dataset of corporate governance ratings (related to quality of transparency, quality of board, and quality of strategic planning, implementation and control) of commercial Lithuanian SOEs relating to the period following the introduction of the corporate governance reforms in the years 2012-2013. In order to investigate our research hypotheses, we set-up a two stage empirical research strategy that combined a non-parametric efficiency estimator (i.e., Data Envelopment Analysis) with a bootstrapped truncated regression. We built two aggregate indexes of corporate governance ratings to represent one dimension of corporate governance quality. We then ran a battery of regressions using both the aggregated and the single corporate governance indexes as independent variables. First, the paper finds that the wholly state ownership model of SOEs is positively correlated to efficiency (i.e., wholly SOEs are more efficient than majority SOEs). Moreover, overall corporate governance practices are efficiency-enhancing; more specifically, board quality and strategic planning seem to be effective internal governance mechanisms in promoting overall organizational efficiency. Interestingly, we uncovered that there exists a relationship between concentration of ownership and corporate governance practices, but this mitigated efficiency enhancement in wholly state run SOEs compared to majority state run SOEs. This effect was driven by the lower quality of the board. Overall, our findings illustrate that corporate governance reforms have enhanced efficiency, but wholly SOEs require a better implementation in order to achieve full efficiency gains.
Author: World Bank
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 380
Get Book Here
Book Description
Soon after its declaration of independence, Lithuania launched a program of market-based economic reforms that achieved remarkable results. However, a banking crisis erupted in January 1996, driven by a combination of ineffective bank supervision, poor bank practices, and deep-rooted sectoral imbalances. With financial support from the World Bank, Lithuanian authorities embarked on a broad economic reform program with two immediate objectives: the resolution of the banking system's operational and undercapitalization problems, and a reduction in the most severe imbalances in the economy. Volume I (see ordering information below) distills findings and conclusions and builds a policy action plan for fast stable growth. Volume II contains a collection of twelve policy notes that provide the technical analysis behind that plan. Also available: Volume I/Main Report (ISBN 0-8213-4244-4) Stock no. 14244.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264392025
Category :
Languages : en
Pages : 186
Get Book Here
Book Description
A strong corporate governance framework is essential for MENA economies as they strive to boost economic growth, strengthen competitiveness and build prosperous societies. The G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises are a reference in order to build such a framework.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264173706
Category :
Languages : en
Pages : 42
Get Book Here
Book Description
These principles of corporate governance, endorsed by the OECD Council at Ministerial level in 1999, provide guidelines and standards to insure inclusion, accountability and abilit to attract capital.
Author: Organization for Economic Cooperation and Development
Publisher: OCDE
ISBN: 9789264208629
Category : Business ethics
Languages : en
Pages : 0
Get Book Here
Book Description
This sixth peer review of the OECD Principles of Corporate Governance analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises. The review covers 26 jurisdictions and is based on a general survey of all participating jurisdictions in December 2012, as well as an in-depth review of corporate risk management in Norway, Singapore and Switzerland. The report finds that while risk-taking is a fundamental driving force in business and entrepreneurship, the cost of risk management failures is often underestimated, both externally and internally, including the cost in terms of management time needed to rectify the situation. The reports thus concludes that corporate governance should ensure that risks are understood, managed, and, when appropriate, communicated.
