Indicator
Independent and professional boards
Implemented
Not Implemented
Not Applicable
Level | ALB | BIH | KOS | MNE | MKD | SRB |
---|---|---|---|---|---|---|
SOE boards are granted sufficient legal responsibilities to effectively oversee management, including the right to appoint and dismiss the CEO. | State RS FBiH | |||||
Public officials nominated to sit on boards are expected to vote according to the best interests of the company and its shareholders. | State RS FBiH | |||||
There are boards of directors for all or most SOEs. | State RS FBiH | |||||
All SOEs require a minimum number of independent board members. *Only specific categories | State RS FBiH | |||||
Safeguards are in place to prevent the government from intervening in the day-to-day management of SOEs. | State RS FBiH | |||||
SOE boards have diverse membership in terms of ensuring a mix of profiles with relevant commercial and financial expertise, and in terms of gender balance. | State RS FBiH | |||||
SOE board members are subject to the same legally enforceable requirements as the directors of private companies. | State RS FBiH | |||||
A system is in place to evaluate the performance of SOE boards. | State RS FBiH |
Note that for Bosnia and Herzegovina, “State” stands for the state level, while “FBiH” stands for the Federation of Bosnia and Herzegovina and “RS” stands for Republika Srpska - the two entities of Bosnia and Herzegovina. Note that the presented scoring criteria system is not a full representation of the scoring methodology used to determine the score for an indicator. For more information, see the Methodology section.