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  • The relationship between supervisory board structure and CEO turnover: the empirical evidence of Slovenia = Povezava med sestavo nadzornega sveta in zamenjavo menedžmenta: primer Slovenije
    Knežević Cvelbar, Ljubica
    The aim of this article is to research the effectiveness of management turnover as a corporate governance mechanism for reducing agency costs in Slovenia. The empirical evidence presented in the ... article is based on a sample of 211 Slovenian companies in the period 1998-2002. Results show that there is an inverse relationship between management turnover and company performance. The supervisory board is not an efficient corporate governance mechanism and representatives of ownersin the supervisory board do not protect the interests of the shareholder better than representatives of the employees and managers.
    Source: Naše gospodarstvo : revija za aktualna gospodarska vprašanja = Our economy : review of current problems in economics. - ISSN 0547-3101 (Letn. 53, št. 5/6, 2007, str. 53-62)
    Type of material - article, component part
    Publish date - 2007
    Language - english
    COBISS.SI-ID - 9331228

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