文章基本信息

标题：Ownership Structure as a Corporate Governance Mechanism in Slovenian Hotels
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作者：Knežević Cvelbar, Ljubica ; Mihalič, Tanja
期刊名称：Croatian Economic Survey
印刷版ISSN：1330-4860
电子版ISSN：1846-3878
出版年度：2008
期号：10
页码：67-92
出版社：Institute of Economics and Ministry of Finance of the Republic of Croatia
摘要：This paper analyses ownership structure and company performance in the light of corporate governance theory and the actual privatisation process. Previous research has proven that the Slovenian state is a poor and passive owner, whereas private owners and employees are more active and more interested in their company’s economic performance. This paper shows that the transition to private ownership in the Slovenian hotel sector has not been finished. Consequently, state-owned and investment funds remain important owners of Slovenian hotels. The financial performance of hotel companies is below average in the economy and can be correlated with the current ownership structure. Since the current ownership structure has a negative impact on the hotel sector competitiveness, an ownership change is needed to boost the sector’s competitiveness and the competitiveness of Slovenia as a tourist destination.
关键词：ownership structure; performance; hotel companies; Slovenia