The Baltic Course

International Internet Magazine. Baltic States news & analytics Thursday, 29.10.2020, 12:45

The cornerstone of the port reorganization - the implementation of good corporate governance principles

The cornerstone of the port reorganization - the implementation of good corporate governance principles

29.10.2020.

Approximately a year ago, thanks to the active work of foreign organisations, discussions about the ports in Latvia, their importance in our national economy and the need to improve the existing port governance model, resumed in our society. In my practice, I have analysed more than 70 ports and their governance models around the world, but the legal solution adopted in Latvia is somehow unique- a derived public entity, in fact non-profit organisation, which is inconsistent with basic market economy principles.

Keyword tags: Direct Speech, Latvia, Port, Transport


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