ANALYSIS OF THE NEW LAW ON CORPORATE GOVERNANCE IN STATE-OWNED ENTERPRISES IN SERBIA IN THE LIGHT OF OECD GUIDELINES

Nada V. Todorović; Jovana R. Brašić Stojanović

doi:10.56461/SPZ_24202KJ

Autori

Nada V. Todorović, PhD Redovni profesor, Pravni fakultet Univerziteta u Kragujevcu https://orcid.org/0000-0002-3654-4849
Jovana R. Brašić Stojanović, PhD Docent, Pravni Fakultet Univerziteta u Kragujevcu https://orcid.org/0000-0003-2321-6085

DOI:

https://doi.org/10.56461/SPZ_24202KJ

Ključne reči:

državna preduzeća, korporativno upravlјanje, društvo kapitala čiji je vlasnik država, centralizovano vlasničko upravlјanje, opšti interes, Smernice OECD-a.

Apstrakt

Autorke razmatraju pitanja vezana za reformu državnih preduzeća u Srbiji kroz analizu usklađenosti novog regulatornog okvira korporativnog upravlјanja u javnom sektoru sa Smernicama OECD-a. Predmet razmatranja su principi i preporuke za efikasnije sprovođenje reforme privrednih subjekata u vlasništvu države sadržani u Smernicama OECD-a i odredbe novog Zakona o upravlјanju privrednim društvima koja su u vlasništvu Republike Srbije. Analiza treba da pokaže da li je novim rešenjima postignuta jedinstvenost pravnog okvira, kao i u kojoj meri nova rešenja doprinose ostvarenju vlasničkih interesa države, kreiranju vrednosti u javnom sektoru i opštem dobru.

##plugins.generic.usageStats.downloads##

##plugins.generic.usageStats.noStats##

Reference

Cigna, G. P., Đurić, P., Koczan, Z. & Zemlytska, Y. 2021. Law in Transition Journal. In: Nussbaumer, M. (ed.), Corporate Governance of State-Owned Enterprises: Can They Rise to the Challenge, EBRD, pp. 51-57.

Čeliković, Z. 2017. Od dobrih smernica do dobre prakse: Novi model korporativnog upravljanja u javnim preduzećima u Srbiji. Ekonomske ideje i praksa, 25, pp. 51-68.

Dedeić, P. Gasmi, G. 2015. Corporate Governance in State-Owned Enterprises – Relevant European Standards. Strani pravni život, 59(4), pp. 43-50.

Hagen, I. M. 2011. Employee-Elected Directors on. Company Boards: Stakeholder Representatives or the Voice of Labor?, Rethinking Corporate Governance, From Shareholder Value to Stakeholder Value. Bulletin of Comparative Labour Relations, 77, pp. 121-138.

Hilb, M. 2008. New Corporate Governance: From Good Guidelines to Great Practice. Corporate Governance: An International Review, 13, pp. 569-581. https://doi.org/10.1111/j.1467-8683.2005.00452.x

Jovanović, N., Radović, R. & Radović, V. 2020. Kompanijsko pravo - Pravo privrednih subjekata, Beograd.

Мankiw, G. 2006. Osnove ekonomije. Zagreb: MATE.

Matei, А. & Drumasu, С. 2015. Corporate Governance and Public Sector Entities. Procedia Economics and Finance, 26, pp. 495-504. https://doi.org/10.1016/S2212-5671(15)00879-5

Miazek, R. 2021. Corporate Governance in State-Owned Enterprises. A Systematic Literature Review: An International Perspective. International Journal of Contemporary Management, 57(4), pp. 1-13. https://doi.org/10.2478/ijcm-2021-0011

Opačić, А. & Marinković, В. 2022. Public Enterprises - Specificities оf Functioning in the Light of Corporate Governance. International Journal of Economics & Law, 36(12), pp. 81-90.

Raval, V. 2020. Corporate Governance A Pragmatic Guide for Auditors, Directors, Investors and Acountants. London-New York: CRC Press, Taylor & Francis Group, Boca Raton. https://doi.org/10.1201/9781003031796

Stefanović, Z. 2020. Korporativno upravljanje u javnim preduzećima u kontekstu OECD preporuka, Računovodstvo, 1-2, pp. 109-140.

Stiglitz, J. 2008. Ekonomija javnog sektora, Beograd: Ekonomski fakultet.

Todorović, N. 2021, Ekonomska nejednakost u vreme pandemije. U: Soković, S. (ur.), Usklađivanje pravnog sistema Srbije sa standardima Evropske unije. Kragujevac: Pravni fakultet Kragujevac, pp. 657-666. https://doi.org/10.46793/UPSSIX.657T

Todorović, N. 2009. Korporativno upravljanje i ekonomska kriza. Pravo i privreda, 1-4, pp. 129-141.

Vasiljević, M. 2013. Korporativno upravljanje: izabrane teme. Beograd: Udruženje pravnika u privredi Republike Srbije.

Vukolić, Z. 2019. Korporativno upravljanje u javnim preduzećima. Revizor, 22(85), pp. 71-87. https://doi.org/10.5937/Rev1885071V

Williams, С. 2021. Comparative and Transnational Developments in Corporate Social Responsibility. In: Afsharipour, A. & Gelter, M. (eds.). Comparative Corporate Governance. Edward Elgar, pp. 92-114. https://doi.org/10.4337/9781788975339.00014.

Legal Sources

Explanation of the Proposal of the Law on the Management of Companies Owned by the Republic of Serbia. Available at: https://privreda.gov.rs/sites/default/files/documents/2022-12/%D0%9E%D0%B1%D1%80%D0%B0%D0%B7%D0%BB%D0%BE%D0%B6%D0%B5%D1%9A%D0%B5.pdf (15. 7. 2023).

Explanation of the Law on the Management of Companies Owned by the Republic of Serbia. 2023. Available at: http://www.parlament.gov.rs/upload/archive/files/lat/pdf/predlozi_zakona/13_saziv/1487-23%20-%20LAT%20PDF.pdf (25. 10. 2023).

Government of the Republic of Serbia. 2021. Strategy of state ownership and management of entities owned by the Republic of Serbia 2021-2027, Available at: https://privreda.gov.rs/sites/default/files/documents/2021-08/Strategija-Drzavno-Vlasnistvo-003.pdf (6. 11. 2023).

Law on Public Enterprises, Official Gazette of the RS, Nos. 15/2016 and 88/2019.

Law on the Management of Companies Owned by the Republic of Serbia, Official Gazette of the RS, No. 76/2023.

Ministry of Economy. 2023. Report on public debate on the Draft Law on the Management of Companies Owned by the Republic of Serbia. Available at: https://privreda.gov.rs/dokumenta/propisi/u-pripremi/naziv-dokumenta-na-koji-upucujete-predloge-i-sugestije-nacrt-zakona-o-upravljanju-privrednim (10. 7. 2023).

OECD Principles of Corporate Governance, 2004. Available at: https://doi.org/10.1787/9789264015999-en.

OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2005, updated in 2015. Available at: https://www.oecd.org/daf/ca/41814777.pdf (2. 7. 2023).