Petrevski, Goran and Petrevska, Biljana (1998) Transformation of tourism and hospitality industry in Macedonia. In: 14th Biennial International Conference - Hotel in Tourism Destination, 5-6 Oct 1998, Opatija, Croatia.
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Abstract
In this paper, we address the problem of transformation of the tourism and hospitality industry in Macedonia. Despite the stable macroeconomic environment and the progress in the privatization process, the so called "transition recession" in the tourism and hospitality industry is still present. The post-privatization experience shows that the insider-oriented privatization has negative impact on the corporate governance and post-privatization financing and therefore, it seems to be the most important constraint in the restructuring of the privatized enterprises.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Transition recession; Insider-privatization; Corporate governance; Post-privatization finance; Enterprise restructuring |
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Tourism and Business Logistics |
| Depositing User: | Biljana Petrevska |
| Date Deposited: | 24 Oct 2013 08:26 |
| Last Modified: | 24 Oct 2013 08:28 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/7704 |
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