Practices on Accountability and Transparency of State-Owned Enterprises

Authors:

Pages: 241-247
DOI: https://doi.org/10.54664/ITOW6240

Abstract:

The accountability and transparency of state-owned enterprises have traditionally been criticized in theory and practice. This motivates us to conduct a study in which to select and summarize various practices of accountability and transparency of state-owned enterprises used in member countries of the Organization for Economic Co-operation and Development and other countries. These practices represent a useful basis for application in Bulgaria, which will contribute to reducing agency problem and improving the corporate governance of state-owned enterprises.

Keywords:

information asymmetry; good practices; corporate governance; agency problem

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