Milica Radovic¹, Ljiljana Fijat²

¹Fakultet za pravne i poslovne studije Novi Sad
²Vojvodjanska banka a.d. Novi Sad

MARKET ECONOMY AS A PRECONDITION ESTABLISHMENT OWNERSHIP STRUCTURE IN SPORTS ORGANIZATIONS

TRŽIŠNA PRIVREDA KAO PREDUSLOV PROMENE VLASNIČKE STRUKTURE U SPORTSKIM ORGANIZACIJAMA

Sport Mont 2011, VIII(25-26-27), 384-389

Abstract

The first step in forming a market economy with privatization is necessary and radical changes in the institutional system. In the sport as well as any activities, privatization is a process of transformation of state ownership to private ownership in order to increase economic efficiency, utilization of available resources with the aim of encouraging economic development. The authors emphasize adoption as key institutional preconditions for the transformation of ownership in sports organizations, gives overview of various models of privatization in the surrounding countries. The aim of this paper is the analysis of potential problems, depending on the ownership structure, which is the result of the privatization process. Sports organizations should know in advance the advantages and disadvantages of different ownership structures, so that in the process of restructuring the chosen one that will ensure the realization of the priority goals.

Keywords

Market economy, privatization, ownership structure, efficient business.

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