State-Owned Enterprises in Bosnia and Herzegovina : Assessing Performance and Oversight /

Based on a new database of State-Owned Enterprise (SOE) financial statements, we find that SOEs in Bosnia and Herzegovina are mostly in poor financial shape. We estimate the overall size and composition of the SOE sector, and identify individual companies that affect fiscal and macroeconomic perform...

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Bibliografski detalji
Glavni autor: Cegar, Bobana
Daljnji autori: Parodi, Francisco
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2019.
Serija:IMF Working Papers; Working Paper ; No. 2019/201
Online pristup:Full text available on IMF
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245 1 0 |a State-Owned Enterprises in Bosnia and Herzegovina :   |b Assessing Performance and Oversight /  |c Bobana Cegar, Francisco Parodi. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (43 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Based on a new database of State-Owned Enterprise (SOE) financial statements, we find that SOEs in Bosnia and Herzegovina are mostly in poor financial shape. We estimate the overall size and composition of the SOE sector, and identify individual companies that affect fiscal and macroeconomic performance. Financial analysis suggests that SOEs are not contributing enough to the economy. We also review the SOE governance framework and find that governments do not exercise their ownership function in line with WB/OECD guidelines. Reforms to the governance frameworks are necessary to foster transparency and improve accountability. More fundamental reform of the SOE sector might increase overall GDP by 3 percent per year. 
538 |a Mode of access: Internet 
700 1 |a Parodi, Francisco. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/201 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2019/201/001.2019.issue-201-en.xml  |z IMF e-Library