The issue on whether foreign owners bring prosperity to individual firms and to society is highly debated in Croatia. It arises especially at times when there is a sell-out of a larger Croatian company to a foreign business group. In this paper we study the influence of ownership structures on...

In this paper we review recent developments concerning ESOPs and present some theoretical framework for reviewing three diverging propositions for institutionalizing ESOPs in Croatia. The issues to be discussed involve rationales for ESOPs (how do ESOPs benefit employees, companies and the...

This research aims at gaining a better understanding of the interconnectedness between organizational structuring and the contemporary (changing) business environments. In the paper we address the notion of "strategic fit" and try to observe to what extent this perception affects organizational...

Since the conceptual framework of the European Administrative Space (EAS) in 1990s, at least two convergent trends may be found out. The first trend refers to EAS operationalisation as instrument and mechanism for assessing the reforms of the national public administrations. Herewith, we refer...

Local government, as administrative units, performs a broad range of services that require to establish relations with outside partners, including those belonging to the private sector. Public procurement, due to the size of the involved financial flows, is government activity especially exposed...

The research aims of this paper are: to give the global framework of internal models for risk management in banks according to Basel II , to research the compatibility of Croatian banking regulation and practice with the Basel Accord, and specify future development expectations. The achieved...

The current volume reproduces papers presented in the Workshop which was organized in Athens, in February 2010 by the European Public Law Organization (EPLO) and the Faculty of Public Administration – National School of Political Studies and Public Administration (NSPSPA), Bucharest. The...

Mergers and acquisitions (M&As) are one of the most widely used means in achieving growth and development of firms. There have been numerous empirical studies questioning the success of M&As in increasing the firms' value for their owners, both in the short and long run, and in increasing...

Mergers and acquisitions (M&As) are one of the most widely used means in achieving growth and development of firms. There have been numerous empirical studies questioning the success of M&As in increasing the firms' value for their owners, both in the short and long run, and in increasing...

Sixty years ago, Samuelson's “Pure Theory of Public Expenditure” expounded the classification of goods, and Bain's “Economies of Scale, Concentration and the Condition of Entry in Twenty Manufacturing Industries” expounded the structure-conduct-performance paradigm. To the present day,...