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2019, vol. 13, iss. 1, pp. 63-80
Assessment of the application of standards of corporate governance in Republika Srpska
Megatrend University, Faculty of Business Economy, Valjevo, Serbia

emailzoranlukicbl@gmail.com
Keywords: corporation; corporate governance; stakeholders; for-profit corporation
Abstract
This paper will discuss a specific type of companies - corporation. Due to the specific organizational solutions of this business model many groups or stakeholders have their interest in its functioning: owners of the company, the management, employees, creditors, investors, other customers, business partners, government, government bodies, general and professional public. The corporation is an organization engaged in economic activity. It is a for-profit type of company. The corporation is managed toward the goal of achieving the highest possible profit. Also, all stakeholders are interested in successful business activities of a corporation. It is essential that any for-profit entity in the corporation has sufficient independence. This paper presents research on corporate governance, which should improve the quality of domestic companies, increase competitiveness in the domestic and international markets, as well as to attract new domestic and foreign investments and investors.
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About

article language: Serbian
document type: Original Scientific Paper
DOI: 10.5937/poseko15-20789
published in SCIndeks: 10/10/2019

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