期刊名称：Management - Journal of Contemporary Management Issues
印刷版ISSN：1331-0194
电子版ISSN：1846-3363
出版年度：2005
卷号：10
期号：1
页码：1-21
出版社：University of Split, Faculty of Economics
摘要：The purpose of the paper is to contribute to the debate of corporate governance models in European transition economies. The paper consists of four parts. In the introduction, after giving a historic overview of the corporate governance evolution, different understandings of the corporate governance function are presented and the contemporary corporate governance issues are described. The second part deals with governance systems in the (mainly domestically) privatised former state-owned companies in Central European transitional countries, with the main types of companies' ownership structures, relationships between governance and management functions and deficiencies in existing governance systems. The third part is dedicated to the analysis of factors that determine the efficient relationship between the corporate governance and management functions in Central European transitional economies. It deals with the issue of why the German (Continental European) governance model is usually the preferred choice and why the chosen models underperform. In the conclusion, the author offers his suggestions of how the Central European transition countries should improve their corporate governance in the future.
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