CORPORATE GOVERNANCE RULES IN THE FUNCTION OF LONG TERM SAFETY OF INSURER


DOI: https://doi.org/10.15308/finiz-2014-121-124
Authors:
Ivona Vrdoljak Raguž
Lidija Barjaktarović
Dejan Drljača

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Keywords:
corporate governance, risks, disclosure, public information, insurance.


Abstract:
Spreading corporate culture and accepting corporate governance rules are preconditions for performing insurance activity of insurer in accordance with contemporary market business and providing adequate market appearance. Moreover, corporate governance rules obtain transparency in announced information about accepted risks of insurer. Corporate governance rules and pillars insist on improvement of risk management and internal audit within the company. Accordingly, establishment of adequate risk management is precondition for objective, reliable, comprehensive and objective reporting. Subject of this research is to determine the level of transparency in disclosing information in insurance sector in Republic of Serbia. The aim of research it to obtain data what can be improved in the process of implementing the Third Pillar of Solvency II.

CITATION:

IEEE format

I. Vrdoljak Raguž, L. Barjaktarović, D. Drljača, “CORPORATE GOVERNANCE RULES IN THE FUNCTION OF LONG TERM SAFETY OF INSURER,” in FINIZ 2014 - The Role of Financial Reporting in Corporate Governance, Belgrade, Singidunum University, Serbia, 2014, pp. 121-124. doi: 10.15308/finiz-2014-121-124

APA format

Vrdoljak Raguž, I., Barjaktarović, L., Drljača, D. (2014). CORPORATE GOVERNANCE RULES IN THE FUNCTION OF LONG TERM SAFETY OF INSURER. Paper presented at FINIZ 2014 - The Role of Financial Reporting in Corporate Governance. doi:10.15308/finiz-2014-121-124

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