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Where do we go from here? : economic trends, social trajectories and policies of identities in post communist capitalism : collection of papers from the 4th Forum of PhD Students International Seminar, Bratislava, Slovak Republic, October 1-2, 2010
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WHERE DO WE GO FROM HERE? Economic trends, social trajectories and policies of identities in post communist capitalism. G OVERNANCE AND E NTERPRISE R ESTRUC­TURING IN S OUTHEAST E UROPE POLICIES ; GROSS DOMESTIC PRODUCT AND FOREIGN DIRECT INVESTMENTS Mico Apostolov, Abstract: The research in this paper is to be focused on examining govern­ance and enterprise restructuring in Southeast Europe(Western Balkans) transition economies. International organizations classify the following coun­tries in Southeast Europe(Western Balkans): Albania, Bosnia and Herze­govina, Croatia, Macedonia, Montenegro and Serbia. The European Bank for Reconstruction and Development(EBRD) has governance and enterprise restructuring as basic indicator of economic transition and defines it as effective corporate governance and corporate control exercised through do­mestic financial institutions and markets, fostering market-driven restructuring. The corporate governance is most often defined in terms of the roles, responsibili­ties, and interactions of top management and the board of directors. Using data of South-East European economies, will be examined the interrela­tionships between governance and enterprise restructuring, set of policies that influence the governance patterns, gross domestic product and foreign direct investments. JEL Classifications: G30, G32, G38; L33; O11; P31 Keywords: governance, enterprise restructuring, corporate governance, transition, Southeast Europe Introduction The research in this paper is to be focused on examining governance and enterprise restructuring in Southeast Europe(Western Balkans) transition economies. International organizations classify the following countries in Southeast Europe(Western Balkans): Al­bania, Bosnia and Herzegovina, Croatia, Macedonia, Montenegro and Serbia. Acknowledgements: I would like to thank Prof. Nicola Bellini for the continuous support, as well as, the PhD Program in Management and MAIN Lab of Scuola Superiore Sant'Anna, Pisa, Italy 22