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Corporate Governance in Post-Privatized Slovenia
Rado Bohinc University of California School of Law Stephen M. Bainbridge University of California, Los Angeles - School of Law December 1999 Abstract: The basic building blocks of post-privatization Slovenian corporate governance differ rather dramatically from those of the United States. Slovene corporations are characterized by highly concentrated ownership dominated by state-controlled funds and other institutional investors. In addition, Slovene corporation law provides for a two-tier board of directors (similar to the German codetermination system) in which employees are entitled to representation on both the management and supervisory boards. This article provides an analysis of these features, exploring possible reforms in Slovenian law that might enhance the effectiveness of Slovene boards of directors.
JEL Classifications: G30, G38, K22, P31 Working Paper SeriesDate posted: February 21, 2000 ; Last revised: April 12, 2000Suggested CitationContact Information
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