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The paper is based on building up a Matrix of concurrence – a specially devised in-strument using in details the OECD Principles, White book and the two ROSCs for Cor¬po¬rate Governance in Bulgaria. It gives an opportunity to evaluate the degree of concur¬rence of Bulgarian code to the...
Persistent link: https://www.econbiz.de/10010788978
The paper critices two hipothetical trajectories for development of the Bulgarian corporate governance model (BCGM) as not feasible, and offers a different solution. The first opposed variant assertsthat BCGM would imitate a converging model, which follows the convergence of the two global CG...
Persistent link: https://www.econbiz.de/10004990927
Bulgarian stock market experienced sharp and continuous decline in 2008 causing this way a heavy pressure and turmoil among its investors. The decline hit the confidence in the prospects for its development raising a lot of concerns. This paper addresses some questions about the contingency of...
Persistent link: https://www.econbiz.de/10004990933
In April 2010 Bulgarian government announced an economic and social plan targeted on counteracting the swift economic downfall and hopefully, on helping the economic recovery. The way the plan was launched and the character of some of the measures created a lot of comments, rejection and...
Persistent link: https://www.econbiz.de/10009144185
The pressure for change and synchronization in the accession process affected, practically, all the aspects of Bulgarian corporate governance (CG), one of them outstanding - the relevance and synchronization of the Bulgarian corporate boards (CB) to the European ones. The corporate boards'...
Persistent link: https://www.econbiz.de/10005569979
The mass privatization exercised and is still exercising a serious and wide influence on the process of restructuring the national economy. One of the most serious directions of this influence is the forming of a new structure of forms of corporate control in the enterprises that have been...
Persistent link: https://www.econbiz.de/10005422792
The modern corporate governance structure in any country includes as its key factor the structure and functionality of the corporate boards. Currently, the boards experience a more or less radical change of their traditional activities and structure, acquiring new features and diversifying the...
Persistent link: https://www.econbiz.de/10005230677