World Bank2013-03-122013-03-122008-02https://hdl.handle.net/10986/12680The financial crises of the late 1990s in East Asia and Eastern Europe, as well as the recent corporate governance scandals in Europe and America, have highlighted the need for strong corporate governance in ensuring a sound and stable financial sector. The governance practices of banks are important because banks accept deposits from the public, whose funds the government has an implicit (and often an explicit) obligation to protect. Banks are also subject to information asymmetries and high leverage, both of which make banks vulnerable to a sudden run on deposits where public confidence fails. The Slovenian bank governance review has three objectives to: 1) conduct a review of the Slovenian bank governance framework, 2) make recommendations on provisions that would help to strengthen the governance structure of banks in Slovenia, and 3) refine the good practices developed for the pilot banking governance review program. In addition, the international community has encouraged the strengthening of governance in the banking sector. The Slovenian banking sector has successfully weathered the financial crisis seen in other countries in 1997-1998, and has improved its stability. However some shortcomings in bank governance remain. The government remains the dominant owner of banks in Slovenia.en-USCC BY 3.0 IGOABUSEABUSESACCOUNTABILITYACCOUNTINGACQUISITIONACQUISITIONSARBITRAGEASSET MANAGEMENTASSETSAUDIT COMMITTEEAUDIT COMMITTEESAUDITINGAUDITORAUDITSBALANCE SHEETBANK CREDITBANK FAILURESBANK MANAGEMENTBANK OF SLOVENIABANK SUPERVISORSBANKING CRISESBANKING LAWBANKING LEGISLATIONBANKING REGULATIONBANKING SECTORBANKING SUPERVISIONBANKING SYSTEMBANKRUPTCYBANKSBENEFICIAL OWNERSBEST PRACTICEBEST PRACTICESBOARD MEETINGSBOARD MEMBERBOARD MEMBERSBOARDS OF DIRECTORSBONDSBRANCH OFFICEBRANCH OFFICESBUSINESS ETHICSBUSINESS RISKSBUSINESS STRATEGYCAPITAL ACCORDSCAPITAL ADEQUACYCAPITAL BASECAPITAL FUNDCAPITAL MARKETSCAPITAL REQUIREMENTSCAPITAL STANDARDSCENTRAL BANKCENTRAL BANK OF BOSNIA AND HERZEGOVINACEOCHIEF EXECUTIVECHIEF FINANCIAL OFFICERCLEARING CORPORATIONCODE OF CONDUCTCOLLAPSECOLLECTIVECOLLECTIVE INVESTMENTCOMMERCIAL TRANSACTIONSCOMPANIES ACTCOMPANYCOMPANY LAWCONFIDENCECONFLICT OF INTERESTCONFLICT OF INTERESTSCONFLICTS OF INTERESTCONTROLLING SHAREHOLDERSCORPORATE GOVERNANCECORPORATE GOVERNANCE ARRANGEMENTSCORPORATE GOVERNANCE CODECORPORATE GOVERNANCE FRAMEWORKCORPORATE GOVERNANCE PRINCIPLESCORPORATE GOVERNANCE STANDARDSCORPORATIONCORPORATIONSCREDIT INSTITUTIONSCREDIT RISKCREDIT-WORTHINESSCRIMINALDEBTDEPOSITARY RECEIPTDEPOSITSDIRECT ACCESSDISCLOSURE DOCUMENTSDOMESTIC BANKSDUE CAREECONOMIC DEVELOPMENTEMERGING MARKETEMERGING MARKETSEXCHANGE RATESEXTERNAL AUDITORSFACE VALUEFIDUCIARY DUTIESFIDUCIARY DUTYFIDUCIARY OBLIGATIONFINANCIAL COMPANIESFINANCIAL CONGLOMERATEFINANCIAL CONGLOMERATESFINANCIAL CRISESFINANCIAL CRISISFINANCIAL DISCLOSURESFINANCIAL INFORMATIONFINANCIAL INSTITUTIONSFINANCIAL MARKETFINANCIAL PERFORMANCEFINANCIAL REPORTSFINANCIAL SECTORFINANCIAL SECTOR DEVELOPMENTFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL STATEMENTSFINANCIAL SYSTEMFINANCIAL SYSTEMSFOREIGN BANKFOREIGN BANKSFOREIGN CURRENCYFOREIGN EXCHANGEFOREIGN EXCHANGE EXPOSUREFOREIGN INVESTMENTSFOREIGN OWNERSHIPFRAUDGLOBAL CAPITALGLOBAL CAPITAL MARKETSGOOD CORPORATE GOVERNANCEGOOD GOVERNANCEGOVERNANCE GUIDELINESGOVERNANCE PRACTICESGOVERNANCE RESPONSIBILITIESGOVERNANCE SYSTEMSGOVERNMENT OWNERSHIPGROSS DOMESTIC PRODUCTHARMONIZATIONHOME BANKINGINCOMEINCOME SECURITIESINCORPORATEDINDEPENDENT DIRECTORINDEPENDENT DIRECTORSINDUSTRIAL COMPANIESINFORMATION ASYMMETRIESINSURANCEINTEGRITYINTEREST RATESINTERNAL AUDITSINTERNAL CONTROLINTERNAL CONTROLSINTERNATIONAL ACCOUNTING STANDARDSINTERNATIONAL BEST PRACTICEINTERNATIONAL STANDARDSJURISDICTIONLARGE SHAREHOLDERSLEGAL PROVISIONLEGISLATIONLIABILITYLIMITEDLOCAL BANKLOCAL LAWSLONG-TERM INVESTMENTSMAJOR SHAREHOLDERMANAGERSMARKET DISCIPLINEMARKET PARTICIPANTSMARKET SHAREMARKET VALUEMEMBER STATESMINORITY SHAREHOLDERMONEY LAUNDERINGOPERATIONAL RISKOWNERSHIP STRUCTUREOWNERSHIP STRUCTURESPAYMENTS SYSTEMPEER REVIEWPENSION FUNDPERSONSPRIVATE CORPORATIONSPRIVATE PENSIONPRIVATE SECTOR DEVELOPMENTPRIVATIZATIONPUBLIC POLICYRATING AGENCIESREGULATORY AGENCYREPUTATIONRISK EXPOSURERISK EXPOSURESRISK MANAGEMENTRISK MANAGEMENT POLICIESRISK MANAGEMENT POLICYRISK MANAGEMENT SYSTEMRISK MEASUREMENTSAVINGSSAVINGS BANKSSCANDALSSECURITIESSECURITIES MARKETSSECURITIES REGULATORSSHAREHOLDER RIGHTSSHAREHOLDERSSMALL BANKSSTAKEHOLDERSSTOCK EXCHANGESTOCK EXCHANGESSTRONG CORPORATE GOVERNANCESTRONG GOVERNANCESUBSIDIARIESSUBSIDIARYSUPERVISORY AGENCIESSUPERVISORY AGENCYSUPERVISORY AUTHORITIESSUPERVISORY BOARDSTRANSPARENCYUNIONVOLATILITYWORLD DEVELOPMENT INDICATORSWorld Bank10.1596/12680