Implementation of corporate governance external mechanisms in maritime companies
Ratko Božić
University of Zadar, Croatia
ratko.bozic@ssm.hr
Damir Mihanović
University North, Croatia
dmihanovic1@gmail.com
Anđela Radić
University of Split, Croatia
andela.radic@gmail.com
Abstract
This paper discusses specific properties of external mechanisms of corporate governance in maritime companies. The goals of the paper are to clarify modern organisation and corporate governance, and to demonstrate internal mechanisms of corporate governance in a maritime company. The case study, selected to demonstrate the corporate governance mechanisms in the maritime industry, is related to Group Jadroplov d.d., located in Split, Croatia. The case study presents good corporate governance practices, which could serve as a benchmark within the industry and shows the external influences to the company considered.
Keywords: corporation; management; internal mechanisms; case study; Croatia