Midran Suljkanovic

Corporate Governance in Post-privatized Bosnia and Herzegovina: Impact of Ownership Structure on Performance Midran Suljkanovic

Corporate governance has become an important topic in transitional economies in recent years. Better governance enables firms to increase share prices and makes it easier to obtain capital. This book is an attempt to provide an overview of the corporate governance system in BH as an example of a transitional economy with special attention put on the role of banks and other institutional investors in the development of corporate control. The book summarizes some of the most important developments of the BHs social, political and economic evolution over the last few decades. The author examines and analyzes the post-privatization corporate governance of a sample of 100 newly privatized firms from Bosnia between the years 1995-2005 with the aim to answer the question: Does ownership structure have an effect on performance? This book provides foreign investors, managers, and shareholders with a comprehensive summary of the corporate governance framework and practices prevalent in Bosnia today. It serves as a reference tool for the educational institutions that will train the next generation of Bosnian managers, investors, and policy makers on good corporate governance practices.