Original scientific paper
OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS
Ljubica Knežević Cvelbar
Tanja Mihalič
Full text: croatian pdf 75 Kb
page 26-51
downloads: 714
cite
APA 6th Edition
Knežević Cvelbar, Lj. & Mihalič, T. (2007). OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS. Privredna kretanja i ekonomska politika, 17 (112), 26-51. Retrieved from https://hrcak.srce.hr/18222
MLA 8th Edition
Knežević Cvelbar, Ljubica and Tanja Mihalič. "OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS." Privredna kretanja i ekonomska politika, vol. 17, no. 112, 2007, pp. 26-51. https://hrcak.srce.hr/18222. Accessed 4 May 2024.
Chicago 17th Edition
Knežević Cvelbar, Ljubica and Tanja Mihalič. "OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS." Privredna kretanja i ekonomska politika 17, no. 112 (2007): 26-51. https://hrcak.srce.hr/18222
Harvard
Knežević Cvelbar, Lj., and Mihalič, T. (2007). 'OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS', Privredna kretanja i ekonomska politika, 17(112), pp. 26-51. Available at: https://hrcak.srce.hr/18222 (Accessed 04 May 2024)
Vancouver
Knežević Cvelbar Lj, Mihalič T. OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS. Privredna kretanja i ekonomska politika [Internet]. 2007 [cited 2024 May 04];17(112):26-51. Available from: https://hrcak.srce.hr/18222
IEEE
Lj. Knežević Cvelbar and T. Mihalič, "OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS", Privredna kretanja i ekonomska politika, vol.17, no. 112, pp. 26-51, 2007. [Online]. Available: https://hrcak.srce.hr/18222. [Accessed: 04 May 2024]
Full text: english pdf 197 Kb
page 26-51
downloads: 1.108
cite
APA 6th Edition
Knežević Cvelbar, Lj. & Mihalič, T. (2007). OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS. Privredna kretanja i ekonomska politika, 17 (112), 26-51. Retrieved from https://hrcak.srce.hr/18222
MLA 8th Edition
Knežević Cvelbar, Ljubica and Tanja Mihalič. "OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS." Privredna kretanja i ekonomska politika, vol. 17, no. 112, 2007, pp. 26-51. https://hrcak.srce.hr/18222. Accessed 4 May 2024.
Chicago 17th Edition
Knežević Cvelbar, Ljubica and Tanja Mihalič. "OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS." Privredna kretanja i ekonomska politika 17, no. 112 (2007): 26-51. https://hrcak.srce.hr/18222
Harvard
Knežević Cvelbar, Lj., and Mihalič, T. (2007). 'OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS', Privredna kretanja i ekonomska politika, 17(112), pp. 26-51. Available at: https://hrcak.srce.hr/18222 (Accessed 04 May 2024)
Vancouver
Knežević Cvelbar Lj, Mihalič T. OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS. Privredna kretanja i ekonomska politika [Internet]. 2007 [cited 2024 May 04];17(112):26-51. Available from: https://hrcak.srce.hr/18222
IEEE
Lj. Knežević Cvelbar and T. Mihalič, "OWNERSHIP STRUCTURE AS A CORPORATE GOVERNANCE MECHANISM IN SLOVENIAN HOTELS", Privredna kretanja i ekonomska politika, vol.17, no. 112, pp. 26-51, 2007. [Online]. Available: https://hrcak.srce.hr/18222. [Accessed: 04 May 2024]
Abstract
This paper analyses ownership structure and company performance in the light of corporate governance theory and the actual privatisation process. Previous research has proven that the Slovenian state is a poor and passive owner, whereas private owners and employees are more active and more interested in their company’s economic performance. This paper shows that the transition to private ownership in the Slovenian hotel sector has not been finished. Consequently, state-owned and investment funds remain important owners of Slovenian hotels. The financial performance of hotel companies is below average in the economy and can be correlated with the current ownership structure. Since the current ownership structure has a negative impact on the hotel sector competitiveness, an ownership change is needed to boost the sector’s competitiveness and the competitiveness of Slovenia as a tourist destination.
Keywords
ownership structure; performance; hotel companies; Slovenia
Hrčak ID:
18222
URI
https://hrcak.srce.hr/18222
Publication date:
5.11.2007.
Article data in other languages:
croatian
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