Financial performance of major public enterprises in Croatia from 2006 to 2014

Titolo Rivista: ECONOMIA PUBBLICA
Autori/Curatori: Anto Bajo, Marko Primorac
Anno di pubblicazione: 2016 Fascicolo: 3 Lingua: Italiano
Numero pagine: 32 P. 117-148 Dimensione file: 346 KB
DOI: 10.3280/EP2016-003005
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più clicca qui

Qui sotto puoi vedere in anteprima la prima pagina di questo articolo.

Se questo articolo ti interessa, lo puoi acquistare (e scaricare in formato pdf) seguendo le facili indicazioni per acquistare il download credit.
Acquista Download Credits per scaricare questo Articolo in formato PDF

anteprima articolo

FrancoAngeli è membro della Publishers International Linking Association, Inc (PILA)associazione indipendente e non profit per facilitare (attraverso i servizi tecnologici implementati da CrossRef.org) l’accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche

The aim of this paper is to present basic characteristics of state-owned enterprises in Croatia, assess their financial operations and identify major trends in their operations and long-term development prospects. The analysis is carried out for the period from 2009 to 2014. The paper gradually examines financial operations, management system and the systems of accountability and transparency in state owned enterprises. The particular emphasis is on the comparative overview of major state-owned enterprises’ missions and the extent to which they serve public purposes. Moreover, the paper evaluates capital investment plans and provides proposals for the reform of state-owned enterprises in Croatia. In all state-owned enterprises, a serious organizational restructuring - adjustment of the organizational structure and number of employees is still expected.

  1. Bajo A. (2011). Prudent management of government financial assets and the stability of public finance in Croatia. Newsletter, 60: 1-13.
  2. Bajo A., Ott K. and Klemenčić I. (2014). Quasi Fiscal Activities in Croatia - Case Study. Washington D.C.: International Budget Project.
  3. Borrmann J. et al. (2014). Privatisation potential in the European Union, Research report. Economica. --Available at: https://www.united-europe.eu/wp-content/uploads/2014/10/UnitedEurope-Privatisation-Potential-Economica-Studie-FINAL-14.10.15.pdf.
  4. CNB (2016). Main macroeconomic indicators. Zagreb: Croatian National Bank. Available at: – http://www.hnb.hr/en/statistics/main-macroeconomic-indicators.
  5. Companies Act, OG 152/2011.
  6. EBRD (2013). Strategy for Croatia. London: EBRD.
  7. European Commission (2015). State Owned Enterprises in Member States. ECFIN paper prepared for a thematic review in the Economic Policy Committee.
  8. European Commission (2016). State-owned enterprises in the EU – Lessons learnt and Ways Forward in a Post-Crisis Context. Institutional paper, No. 031.
  9. Grgurek M. (2001). Stupanj i učinci privatizacije u Hrvatskoj. Ekonomski pregled, 1-2: 155-188.
  10. IMF (2015). Republic of Croatia – Staff Report for the 2015 Article IV Consultation. Washington D.C.: IMF.
  11. Law on the Centre for monitoring of the operations of energy sector and investments, OG 25/12, OG 120/12.
  12. Law on the management and disposal of assets in the ownership of the Republic of Croatia, OG 94/2013.
  13. Ministry of finance of the Republic of Croatia (2015). Time series data. Available at: – http://www.mfin.hr/en/time-series-data.
  14. Nestić D., Rubil I. and Tomić I. (2014). An Analysis of Wage Level and Wage Structure In Croatia. Zagreb: Institute of Economics.
  15. Privatisation barometer (2014). The PB Report 2013/2014. Milano.
  16. Strategic plan of the State office for the management of government assets for 2013-2015.
  17. Strategic plan of the State office for the management of government assets for 2014-2016.
  18. Strategic plan of the State office for the management of government assets for 2015-2017.
  19. Strategy for the management and disposal of assets in the ownership of the Republic of Croatia for the period 2013-2017, OG 76/2013.
  20. The Decision of the Croatian Parliament on determining the list of companies and other legal entities of strategic and special interest for the Republic of Croatia, OG 120/2013.

  • Is Corporate Social Responsibility (CSR) a New Alternative to Governance Challenges of State-Owned Enterprises (SOEs)?3 Davit Maisuradze, Giorgi Narmania, Magda Lazishvili, Mariam Tkeshelashvili, Irakli Shakiashvili, in Central European Journal of Public Policy /2020 pp.28
    DOI: 10.2478/cejpp-2020-0007
  • Rationales, performance and governance of public entreprises. Editorial introduction Luc Bernier, Massimo Florio, Johan Willner, in ECONOMIA PUBBLICA 3/2017 pp.5
    DOI: 10.3280/EP2016-003001

Anto Bajo, Marko Primorac, Financial performance of major public enterprises in Croatia from 2006 to 2014 in "ECONOMIA PUBBLICA " 3/2016, pp 117-148, DOI: 10.3280/EP2016-003005