Korporativno upravljanje podjetij v lasti Republike Slovenije

Kukovič, Gregor (author), Rus, Andrej (mentor)

Magistrsko delo obravnava korporativno upravljanje podjetij v lasti Republike Slovenije s pregledom pravnih, institucionalnih in strateških okvirov upravljanja kapitalskih naložb države. V teoretičnem delu so predstavljene ključne teorije korporativnega upravljanja, modeli lastniškega upravljanja ter enotirni in dvotirni sistem upravljanja. Sledi opredelitev vloge državnih podjetij in razvoja njihovega upravljanja v Sloveniji. Delo obravnava zakonodajni okvir, pomembne institucije in ključne dokumente upravljanja kapitalskih naložb države ter pregled Smernic OECD za korporativno upravljanje podjetij v državni lasti, ki obravnavajo preglednost, odgovornost, konkurenčnost, trajnost ter sestavo organov upravljanja podjetij v lasti države. Empirični del temelji na obravnavi konkretnih primerov družb s kapitalsko naložbo države: Farme Ihan – KPM, d. o. o., 2TDK d. o. o., Petrol d. d. in CSS, d. o. o., pri katerih so analizirani lastniška struktura in upravljavski mehanizmi ter predstavljene njihove posebnosti. Namen dela je predstaviti značilnosti in ključne elemente korporativnega upravljanja podjetij s kapitalsko naložbo države v Sloveniji.

• Language: Slovenian
• Keywords: korporativno upravljanje, podjetja v lasti države, upravljanje kapitalskih naložb države, OECD, Slovenski državni holding.
• Work type: Master's thesis/paper
• Organization: FDV - Faculty of Social Sciences
• Year: 2026
• PID: 20.500.12556/RUL-190111
• Publication date in RUL: 22.10.2026

Secondary language

• Language: English
• Title: Corporate governance of state-owned enterprises owned by the Republic of Slovenia

Abstract

This master's thesis examines the corporate governance of state-owned enterprises in the Republic of Slovenia, providing an overview of the legal, institutional, and strategic frameworks governing state equity holdings. The theoretical part presents the principal theories of corporate governance, models of state ownership governance, and the one-tier and two-tier governance systems. It further defines the role of state-owned enterprises and outlines the development of their governance in Slovenia. The thesis examines the legislative framework, the key institutions, and the principal governance documents relating to state equity holdings, as well as the OECD Guidelines on Corporate Governance of State-Owned Enterprises, focusing on transparency, accountability, competitiveness, sustainability, and the composition of governing bodies. The empirical part is based on case studies of state-owned enterprises, namely Farme Ihan–KPM d. o. o., 2TDK d. o. o., Petrol d. d., and CSS, d. o. o., analysing their ownership structures, governance mechanisms, and specific characteristics. The aim of the thesis is to present the main characteristics and key elements of the corporate governance of state-owned enterprises in Slovenia.

• Keywords: corporate governance, state-owned enterprises, management of state capital assets, OECD, Slovenian Sovereign Holding