Original scientific paper

COMPETITIVENESS OF COMPANIES OF SPECIAL NATIONAL INTEREST IN CROATIA

Ljerka Markota ; RRiF plus d.o.o., Zagreb, Hrvatska
Željana Aljinović Barać ; Faculty of Economics, University of split, Split, Croatia
Ivana Rojnica ; Faculty of Economics, University of split, Split, Croatia

Abstract

Companies of special national interest (CSNI) are those defined by the law, who provide services related to areas of special importance for the implementation of economic policies. The state is majority owner or has control over these entities. The aim of our research is to determine are the CSNIs competitive, i.e. are they more profitable and more indebt than their privately owned competitors. The sample consists of 80 companies in 2011, divided in two subsamples: 40 CSNIs and 40 competitors - privately owned companies that are doing the same business, trading substitutes or may affect the financial performance of CSNI in any other way. The results of our study indicate that neither the profitability nor the indebtedness of CSNIs do not significantly differ with regard to their competitors.

Keywords

companies of special national interest - CSNI; competitiveness; rofitability; indebtedness

Hrčak ID:

143424

URI

https://hrcak.srce.hr/143424

Publication date:

31.12.2014.

Article data in other languages: croatian

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