Principal-Agent Problems in Public Enterprises in Kosovo

Inhaltsverzeichnis (Table of Contents)

• DECLARATION OF AUTHORSHIP AND INDICATION OF THE PROOFREADER
• Abstract
• List of Abbreviations
• List of Tables
• List of Figures
• List of Graphs
• 1 INTRODUCTION
• 1.1 BACKGROUND
• 1.2 RESEARCH PROBLEM
• 1.3 PREVIOUS RESEARCH ASSESMENT
• 1.4 RESEARCH METHODOLOGY
• 1.4.1 Sampling
• 1.4.2 Data collection and analysis
• 1.5 OUTLINE
• 2 AGENCY THEORY AND AGENCY LAW
• 2.1 AGENCY THEORY AS RATIONAL CHOICE
• 2.1.1 Definition of Rationality
• 2.1.2 Rational Choice Theory
• 2.1.3 Resourceful Evaluative Maximising Model (REMM)
• 2.1.4 Pain Avoidance Model
• 2.1.5 Public Choice
• 2.2 PRESANTATION OF THE AGENCY THEORY
• 2.2.1 Theoretical Approaches to Agency Theory
• 2.2.2 The Positive Theory of Agency
• 2.2.3 Principal-Agent Theory
• 2.2.4 Principal-Agent Problems (PAPs)
• 2.2.5 Applicability of Agency Theory in Public Enterprises
• 2.3 THE LAW OF AGENCY
• 2.3.1 Relationship between the Principal and the Agent
• 2.3.2 Agency Law in Kosovo and Slovenia

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

The research focuses on the application of Principal-Agent Theory in Publicly Owned Enterprises (POEs) in Kosovo. It investigates the presence of principal-agent problems and their impact on the performance of POEs. The study aims to understand why these enterprises often struggle with weak governance, management, and financial performance, despite receiving substantial subsidies from the government.

• Applicability of Principal-Agent Theory in POEs in Kosovo
• Identification and analysis of principal-agent problems in POEs
• Correlation between principal-agent problems and poor performance of POEs
• Role of legislation and law enforcement in addressing principal-agent problems
• Impact of principal-agent problems on transparency, accountability, and supervision in POEs

Zusammenfassung der Kapitel (Chapter Summaries)

The first chapter introduces the background of the research problem, reviewing previous studies on the topic. It outlines the methodology employed, including the sampling strategy and data collection methods. The second chapter delves into Agency Theory, exploring its theoretical foundations and practical applications. It examines various theoretical approaches to Agency Theory, including the Positive Theory of Agency and Principal-Agent Theory. The chapter also analyzes Principal-Agent Problems (PAPs) and their implications for public enterprises.

Schlüsselwörter (Keywords)

This research explores the relationship between State-Owned Enterprises, Agency Theory, and performance. Key topics include principal-agent problems, accountability, transparency, law, and the impact of these factors on the effectiveness of POEs in Kosovo.