Private Enterprise
Riinvest Institute
December 15, 2009
Article at a Glance:
Riinvest Institute’s survey of corporate governance practices in the Kosovar financial system reveals improvements in transparency, disclosure, and shareholder rights over the last decade.
Improvements are lacking in the area of board composition and relations with stakeholders, especially the business community.
Lack of attention on the part of financial institutions to the views and needs of businesses is damaging to Kosovo’s economic development prospects.
Government should encourage more competition in the financial sector and take actions to improve the supply and affordability of credit to the private sector.
Read this and other Economic Reform Feature Service articles online at http://www.cipe.org/featureservice
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