Corporate Governance Country Assessment : Croatia

This report assesses Croatia's corporate governance policy framework for publicly traded companies. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark aga...

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Bibliographic Details
Main Author: World Bank
Format: Corporate Governance Assessment (ROSC)
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2008/03/20225987/croatia-report-observance-standards-codes-rosc-corporate-governance-country-assessment
http://hdl.handle.net/10986/20435
id okr-10986-20435
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO INFORMATION
ACCOUNTING
ACTIVE MARKET
AUDIT COMMITTEE
AUDIT COMMITTEES
BANKING ASSETS
BANKING LAW
BANKING SECTOR
BANKRUPTCY
BENEFICIARIES
BIDS
BOND
BONDS
BROKERAGE
BROKERAGES
BROKERS
BULL MARKET
BUY BACK
CAPITAL FUNDS
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CAPITAL STRUCTURE
CENTRAL DEPOSITORY
CIVIL LAW
CLOSED END INVESTMENT
COMMERCIAL PAPER
COMMON LAW
COMPANY INFORMATION
COMPANY LAW
CONFLICT OF INTEREST
CONFLICTS OF INTEREST
CONFLICTS OF INTERESTS
CONTRACT ENFORCEMENT
CORPORATE BONDS
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE FRAMEWORKS
CORPORATE GOVERNANCE REFORMS
CORPORATE INSIDERS
CORPORATE LAW
COST OF CAPITAL
CREDIBILITY
CREDITOR
CREDITOR RIGHTS
CREDITORS
CUSTODY
CUSTODY SERVICES
DEBT
DEPOSITS
DERIVATIVE
DISCLOSURE REQUIREMENTS
DISCLOSURE STANDARDS
DIVIDEND PAYMENT
DUE DILIGENCE
ECONOMIC DEVELOPMENT
ECONOMIC PERFORMANCE
EFFICIENT MARKETS
EMERGING MARKET
EMERGING MARKET COUNTRIES
ENFORCEMENT MECHANISMS
EQUITIES
EQUITY INVESTMENTS
EQUITY MARKET
EQUITY MARKET DEVELOPMENT
EQUITY MARKETS
EQUITY PRICES
ETHICAL BEHAVIOR
EXCHANGE RULES
FINANCIAL CONGLOMERATES
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL INTERMEDIARIES
FINANCIAL MARKET
FINANCIAL MARKET PARTICIPANTS
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL STATEMENTS
FINANCIAL STRUCTURE
FIXED SHARE
FOREIGN ASSETS
FOREIGN BANK
FOREIGN INVESTMENT
FOREIGN INVESTORS
FUND ASSETS
FUND MANAGEMENT
GOOD GOVERNANCE
GOVERNANCE PRACTICES
GOVERNANCE REGULATION
GOVERNMENT BONDS
GOVERNMENT OWNERSHIP
HOLDING
HOLDINGS
INSIDER TRADING
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL INVESTORS
INSURANCE
INSURANCE COMPANIES
INSURERS
INTERNATIONAL STANDARDS
INVESTING
INVESTMENT BANKING
INVESTMENT BANKS
INVESTMENT FUND
INVESTMENT FUNDS
INVESTOR CONFIDENCE
INVESTOR PROTECTION
ISSUANCE
ISSUERS OF SECURITIES
JOINT STOCK COMPANIES
JOINT STOCK COMPANY
LEGAL FRAMEWORK
LEGAL PROVISIONS
LEGAL REFORM
LEGAL RIGHTS
LEGAL TRADITION
LEGAL TRADITIONS
LIMITED LIABILITY
LIMITED LIABILITY COMPANIES
LIMITED LIABILITY COMPANY
LIMITED PARTNERSHIPS
LIQUIDATION
LOCAL GOVERNMENTS
MANDATORY PENSION FUNDS
MARKET CAPITALIZATION
MARKET INTERMEDIARIES
MARKET MANIPULATION
MARKET PARTICIPANTS
MARKET TRANSPARENCY
MARKET VALUE
MINORITY SHAREHOLDERS
MONETARY FUND
MONETARY INSTRUMENTS
MUNICIPAL BONDS
NATIONAL BANK
NOTARY
OPEN-END FUNDS
OWNERSHIP DATA
OWNERSHIP RIGHTS
OWNERSHIP STRUCTURE
PAYMENT OF DIVIDENDS
PENSION
PENSION FUND
PENSION FUNDS
PENSIONS
PORTFOLIO
PORTFOLIO INVESTMENT
PREEMPTIVE RIGHTS
PRIVATE PARTIES
PRIVATE PENSIONS
PRIVATIZATION
PRIVATIZATION INVESTMENT
PROPERTY RIGHTS
PUBLIC COMPANIES
PUBLIC OFFERING
PUBLIC POLICY
RAPID GROWTH
REAL ESTATE
REGISTRY REGULATION
REGULATOR
REGULATORS
REGULATORY AGENCIES
REGULATORY AUTHORITY
REGULATORY CAPACITY
REGULATORY FRAMEWORK
REPUTATION
RESERVES
RETAIL INVESTORS
RETIREMENT SAVINGS
RIGHTS OF SHAREHOLDERS
RISK FACTORS
RULE OF LAW
SECURITIES
SECURITIES LAW
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGULATION
SECURITIES REGULATOR
SETTLEMENT
SETTLEMENT SERVICES
SHARE OWNERSHIP
SHAREHOLDER
SHAREHOLDER RIGHTS
SHAREHOLDERS
SHAREHOLDERS RIGHTS
STANDARD CONTRACT
STATUTORY REQUIREMENTS
STOCK EXCHANGE
STOCK EXCHANGES
STOCK MARKET
STOCK PRICES
STOCKS
STRATEGIC INVESTORS
SUPERVISORY AGENCY
SUPERVISORY AUTHORITY
SUPERVISORY BOARD
SUPERVISORY BOARDS
TRADING
TRADITIONAL BANKING
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TREASURY
TURNOVER
TURNOVER RATIO
UNDERWRITERS
VALUATIONS
VALUE OF ASSETS
VENTURE CAPITAL
VENTURE CAPITAL FUNDS
WEAK CORPORATE GOVERNANCE
spellingShingle ACCESS TO INFORMATION
ACCOUNTING
ACTIVE MARKET
AUDIT COMMITTEE
AUDIT COMMITTEES
BANKING ASSETS
BANKING LAW
BANKING SECTOR
BANKRUPTCY
BENEFICIARIES
BIDS
BOND
BONDS
BROKERAGE
BROKERAGES
BROKERS
BULL MARKET
BUY BACK
CAPITAL FUNDS
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CAPITAL STRUCTURE
CENTRAL DEPOSITORY
CIVIL LAW
CLOSED END INVESTMENT
COMMERCIAL PAPER
COMMON LAW
COMPANY INFORMATION
COMPANY LAW
CONFLICT OF INTEREST
CONFLICTS OF INTEREST
CONFLICTS OF INTERESTS
CONTRACT ENFORCEMENT
CORPORATE BONDS
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE FRAMEWORKS
CORPORATE GOVERNANCE REFORMS
CORPORATE INSIDERS
CORPORATE LAW
COST OF CAPITAL
CREDIBILITY
CREDITOR
CREDITOR RIGHTS
CREDITORS
CUSTODY
CUSTODY SERVICES
DEBT
DEPOSITS
DERIVATIVE
DISCLOSURE REQUIREMENTS
DISCLOSURE STANDARDS
DIVIDEND PAYMENT
DUE DILIGENCE
ECONOMIC DEVELOPMENT
ECONOMIC PERFORMANCE
EFFICIENT MARKETS
EMERGING MARKET
EMERGING MARKET COUNTRIES
ENFORCEMENT MECHANISMS
EQUITIES
EQUITY INVESTMENTS
EQUITY MARKET
EQUITY MARKET DEVELOPMENT
EQUITY MARKETS
EQUITY PRICES
ETHICAL BEHAVIOR
EXCHANGE RULES
FINANCIAL CONGLOMERATES
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL INTERMEDIARIES
FINANCIAL MARKET
FINANCIAL MARKET PARTICIPANTS
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL STATEMENTS
FINANCIAL STRUCTURE
FIXED SHARE
FOREIGN ASSETS
FOREIGN BANK
FOREIGN INVESTMENT
FOREIGN INVESTORS
FUND ASSETS
FUND MANAGEMENT
GOOD GOVERNANCE
GOVERNANCE PRACTICES
GOVERNANCE REGULATION
GOVERNMENT BONDS
GOVERNMENT OWNERSHIP
HOLDING
HOLDINGS
INSIDER TRADING
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL INVESTORS
INSURANCE
INSURANCE COMPANIES
INSURERS
INTERNATIONAL STANDARDS
INVESTING
INVESTMENT BANKING
INVESTMENT BANKS
INVESTMENT FUND
INVESTMENT FUNDS
INVESTOR CONFIDENCE
INVESTOR PROTECTION
ISSUANCE
ISSUERS OF SECURITIES
JOINT STOCK COMPANIES
JOINT STOCK COMPANY
LEGAL FRAMEWORK
LEGAL PROVISIONS
LEGAL REFORM
LEGAL RIGHTS
LEGAL TRADITION
LEGAL TRADITIONS
LIMITED LIABILITY
LIMITED LIABILITY COMPANIES
LIMITED LIABILITY COMPANY
LIMITED PARTNERSHIPS
LIQUIDATION
LOCAL GOVERNMENTS
MANDATORY PENSION FUNDS
MARKET CAPITALIZATION
MARKET INTERMEDIARIES
MARKET MANIPULATION
MARKET PARTICIPANTS
MARKET TRANSPARENCY
MARKET VALUE
MINORITY SHAREHOLDERS
MONETARY FUND
MONETARY INSTRUMENTS
MUNICIPAL BONDS
NATIONAL BANK
NOTARY
OPEN-END FUNDS
OWNERSHIP DATA
OWNERSHIP RIGHTS
OWNERSHIP STRUCTURE
PAYMENT OF DIVIDENDS
PENSION
PENSION FUND
PENSION FUNDS
PENSIONS
PORTFOLIO
PORTFOLIO INVESTMENT
PREEMPTIVE RIGHTS
PRIVATE PARTIES
PRIVATE PENSIONS
PRIVATIZATION
PRIVATIZATION INVESTMENT
PROPERTY RIGHTS
PUBLIC COMPANIES
PUBLIC OFFERING
PUBLIC POLICY
RAPID GROWTH
REAL ESTATE
REGISTRY REGULATION
REGULATOR
REGULATORS
REGULATORY AGENCIES
REGULATORY AUTHORITY
REGULATORY CAPACITY
REGULATORY FRAMEWORK
REPUTATION
RESERVES
RETAIL INVESTORS
RETIREMENT SAVINGS
RIGHTS OF SHAREHOLDERS
RISK FACTORS
RULE OF LAW
SECURITIES
SECURITIES LAW
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGULATION
SECURITIES REGULATOR
SETTLEMENT
SETTLEMENT SERVICES
SHARE OWNERSHIP
SHAREHOLDER
SHAREHOLDER RIGHTS
SHAREHOLDERS
SHAREHOLDERS RIGHTS
STANDARD CONTRACT
STATUTORY REQUIREMENTS
STOCK EXCHANGE
STOCK EXCHANGES
STOCK MARKET
STOCK PRICES
STOCKS
STRATEGIC INVESTORS
SUPERVISORY AGENCY
SUPERVISORY AUTHORITY
SUPERVISORY BOARD
SUPERVISORY BOARDS
TRADING
TRADITIONAL BANKING
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TREASURY
TURNOVER
TURNOVER RATIO
UNDERWRITERS
VALUATIONS
VALUE OF ASSETS
VENTURE CAPITAL
VENTURE CAPITAL FUNDS
WEAK CORPORATE GOVERNANCE
World Bank
Corporate Governance Country Assessment : Croatia
geographic_facet Europe and Central Asia
Croatia
relation Report on the Observance of Standards and Codes (ROSC);
description This report assesses Croatia's corporate governance policy framework for publicly traded companies. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Croatia. It is an update of the 2001 corporate governance Report on the Observance of Standards and Codes (ROSC). Croatia has experienced rapid and substantial reform over the last decade. New institutions have been created and the roles of private ownership and market forces have expanded. This rapid pace of reform has continued to meet the various requirements for membership in the European Union (EU). Since the 2001 ROSC there have been substantial legal and regulatory changes, many of which address shortcomings identified in the 2001 assessment. Since 2001, Croatia has undertaken substantial legal and regulatory change that has led to a number of improvements in the framework for corporate governance. The two stock exchanges were recently merged and a code of corporate governance introduced. Reform continues as Croatia works towards joining the EU. The real economy has also performed well, valuations have risen rapidly, and investment fund assets are growing strongly.
format Economic & Sector Work :: Corporate Governance Assessment (ROSC)
author World Bank
author_facet World Bank
author_sort World Bank
title Corporate Governance Country Assessment : Croatia
title_short Corporate Governance Country Assessment : Croatia
title_full Corporate Governance Country Assessment : Croatia
title_fullStr Corporate Governance Country Assessment : Croatia
title_full_unstemmed Corporate Governance Country Assessment : Croatia
title_sort corporate governance country assessment : croatia
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2008/03/20225987/croatia-report-observance-standards-codes-rosc-corporate-governance-country-assessment
http://hdl.handle.net/10986/20435
_version_ 1764445366188507136
spelling okr-10986-204352021-04-23T14:03:55Z Corporate Governance Country Assessment : Croatia World Bank ACCESS TO INFORMATION ACCOUNTING ACTIVE MARKET AUDIT COMMITTEE AUDIT COMMITTEES BANKING ASSETS BANKING LAW BANKING SECTOR BANKRUPTCY BENEFICIARIES BIDS BOND BONDS BROKERAGE BROKERAGES BROKERS BULL MARKET BUY BACK CAPITAL FUNDS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CAPITAL STRUCTURE CENTRAL DEPOSITORY CIVIL LAW CLOSED END INVESTMENT COMMERCIAL PAPER COMMON LAW COMPANY INFORMATION COMPANY LAW CONFLICT OF INTEREST CONFLICTS OF INTEREST CONFLICTS OF INTERESTS CONTRACT ENFORCEMENT CORPORATE BONDS CORPORATE GOVERNANCE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE FRAMEWORKS CORPORATE GOVERNANCE REFORMS CORPORATE INSIDERS CORPORATE LAW COST OF CAPITAL CREDIBILITY CREDITOR CREDITOR RIGHTS CREDITORS CUSTODY CUSTODY SERVICES DEBT DEPOSITS DERIVATIVE DISCLOSURE REQUIREMENTS DISCLOSURE STANDARDS DIVIDEND PAYMENT DUE DILIGENCE ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE EFFICIENT MARKETS EMERGING MARKET EMERGING MARKET COUNTRIES ENFORCEMENT MECHANISMS EQUITIES EQUITY INVESTMENTS EQUITY MARKET EQUITY MARKET DEVELOPMENT EQUITY MARKETS EQUITY PRICES ETHICAL BEHAVIOR EXCHANGE RULES FINANCIAL CONGLOMERATES FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL INTERMEDIARIES FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL STRUCTURE FIXED SHARE FOREIGN ASSETS FOREIGN BANK FOREIGN INVESTMENT FOREIGN INVESTORS FUND ASSETS FUND MANAGEMENT GOOD GOVERNANCE GOVERNANCE PRACTICES GOVERNANCE REGULATION GOVERNMENT BONDS GOVERNMENT OWNERSHIP HOLDING HOLDINGS INSIDER TRADING INSTITUTIONAL DEVELOPMENT INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURERS INTERNATIONAL STANDARDS INVESTING INVESTMENT BANKING INVESTMENT BANKS INVESTMENT FUND INVESTMENT FUNDS INVESTOR CONFIDENCE INVESTOR PROTECTION ISSUANCE ISSUERS OF SECURITIES JOINT STOCK COMPANIES JOINT STOCK COMPANY LEGAL FRAMEWORK LEGAL PROVISIONS LEGAL REFORM LEGAL RIGHTS LEGAL TRADITION LEGAL TRADITIONS LIMITED LIABILITY LIMITED LIABILITY COMPANIES LIMITED LIABILITY COMPANY LIMITED PARTNERSHIPS LIQUIDATION LOCAL GOVERNMENTS MANDATORY PENSION FUNDS MARKET CAPITALIZATION MARKET INTERMEDIARIES MARKET MANIPULATION MARKET PARTICIPANTS MARKET TRANSPARENCY MARKET VALUE MINORITY SHAREHOLDERS MONETARY FUND MONETARY INSTRUMENTS MUNICIPAL BONDS NATIONAL BANK NOTARY OPEN-END FUNDS OWNERSHIP DATA OWNERSHIP RIGHTS OWNERSHIP STRUCTURE PAYMENT OF DIVIDENDS PENSION PENSION FUND PENSION FUNDS PENSIONS PORTFOLIO PORTFOLIO INVESTMENT PREEMPTIVE RIGHTS PRIVATE PARTIES PRIVATE PENSIONS PRIVATIZATION PRIVATIZATION INVESTMENT PROPERTY RIGHTS PUBLIC COMPANIES PUBLIC OFFERING PUBLIC POLICY RAPID GROWTH REAL ESTATE REGISTRY REGULATION REGULATOR REGULATORS REGULATORY AGENCIES REGULATORY AUTHORITY REGULATORY CAPACITY REGULATORY FRAMEWORK REPUTATION RESERVES RETAIL INVESTORS RETIREMENT SAVINGS RIGHTS OF SHAREHOLDERS RISK FACTORS RULE OF LAW SECURITIES SECURITIES LAW SECURITIES MARKET SECURITIES MARKETS SECURITIES REGULATION SECURITIES REGULATOR SETTLEMENT SETTLEMENT SERVICES SHARE OWNERSHIP SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDERS SHAREHOLDERS RIGHTS STANDARD CONTRACT STATUTORY REQUIREMENTS STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK PRICES STOCKS STRATEGIC INVESTORS SUPERVISORY AGENCY SUPERVISORY AUTHORITY SUPERVISORY BOARD SUPERVISORY BOARDS TRADING TRADITIONAL BANKING TRANSACTION TRANSACTION COSTS TRANSPARENCY TREASURY TURNOVER TURNOVER RATIO UNDERWRITERS VALUATIONS VALUE OF ASSETS VENTURE CAPITAL VENTURE CAPITAL FUNDS WEAK CORPORATE GOVERNANCE This report assesses Croatia's corporate governance policy framework for publicly traded companies. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Croatia. It is an update of the 2001 corporate governance Report on the Observance of Standards and Codes (ROSC). Croatia has experienced rapid and substantial reform over the last decade. New institutions have been created and the roles of private ownership and market forces have expanded. This rapid pace of reform has continued to meet the various requirements for membership in the European Union (EU). Since the 2001 ROSC there have been substantial legal and regulatory changes, many of which address shortcomings identified in the 2001 assessment. Since 2001, Croatia has undertaken substantial legal and regulatory change that has led to a number of improvements in the framework for corporate governance. The two stock exchanges were recently merged and a code of corporate governance introduced. Reform continues as Croatia works towards joining the EU. The real economy has also performed well, valuations have risen rapidly, and investment fund assets are growing strongly. 2014-10-15T16:49:13Z 2014-10-15T16:49:13Z 2008-03 http://documents.worldbank.org/curated/en/2008/03/20225987/croatia-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/20435 English en_US Report on the Observance of Standards and Codes (ROSC); CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Corporate Governance Assessment (ROSC) Europe and Central Asia Croatia