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Organizations are facing a disrupted environment, which results in a need for managers who can quickly respond to volatile conditions. Such conditions lead to changes in traditional leadership and the construction of new leadership recognized by contemporary literature as digital leadership (DL). The main objective of this research paper is to examine the levels of DL and digital maturity (DM) in small and medium-sized Croatian companies in the context of digital transformation (DT). The research sample included 156 companies, and the results indicated relatively high levels of DL; indeed, nearly four companies achieved the highest level of DM. The results indicated a negative correlation between the level of DL and DM. Gender was shown to have an impact on the level of DL, while it was not indicated that gender has an impact on the level of DM.

The purpose of this study is to identify the role of digital leadership and the framework of digital maturity in the context of the digital transformation of a company. Today, the term “digital transformation” is increasingly used when talking about the management and leadership function. The aim of this paper is to define the terms “digital transformation”, “level of digital transformation maturity”, “digital leadership”, as well as to provide an extensive and systematic literature review so as to analyze previous research, draw a conclusion and give guidelines for future research. The aim of this paper is considered to be a valuable contribution to the debate in this field. The paper provides a comprehensive analysis of the contribution of different studies on leadership, digital transformation and digital maturity, identifying patterns and findings across various disciplines of social sciences, such as management and IT technology.

The main objective of this research paper is to examine the level of knowledge and implementation of lean methodology in small and medium-sized (SMEs) Croatian companies. Continual changes in the market require businesses to be flexible, which enables them to react quickly without generating unnecessary costs for the companies. The methodology of this research paper combines a literature review on lean methodology and lean startup principles with research tool development, data collection and the validation of results. Data analysis were done with cluster analysis. The target sample is 300 companies that operate from incubation centres and technology parks. The research provides insights into the current situation of Croatian SMEs in regard to applying modern approaches to improving business processes.

The main objective of this research paper is to examine the impact of board size and ownership concentration, representing corporate governance mechanisms, on agency costs in large Croatian companies. Furthermore, debt financing and firm growth are examined because those variables also have impact on agency costs. Agency theory defines a framework for the potential issue of the separation of ownership and management as well as for the conflict between stakeholders (principals) and managers (agents). The most significant principal-agent problems are agency costs, but they do not have a directly quantifiable value ; hence, in this research paper, the asset turnover ratio is used as the approximation. Therefore, this research will empirically test the significance of the impact of board size, ownership concentration, debt financing and firm growth on agency cost in the observed period from 2014 to 2018 using panel data analysis. This research was conducted with large Croatian companies using data and information from official annual accounts primarily to ensure objectivity, standardization and comparability. Specifically, the analysis was conducted on 219 companies operating in two main categories of economic activity: Manufacturing (C) and Wholesale and retail trade (G). The results indicate that board size has a significant but negative impact on agency costs. The results also indicate that debt and growth have a significant and negative impact on agency costs. Ownership concentration was not found to have significant impact.

O radu nadzornog odbora i uprave u kontinentalnom modelu korporacijskog upravljanja, odnosno upravnom odboru u američkom modelu, ovisi uspješnost poslovanja poduzeća. Stoga je sastav takvih odbora ključan te se na tu temu provode istraživanja s ciljem utvrđivanja optimalnog sastava. Spolna raznolikost spomenutih odbora u zadnje vrijeme dobiva sve veći značaj, ne samo zbog istraživanja kojima se dokazuje da je članstvo žena u takvim odborima pozitivno za uspješnost poslovanja poduzeća, već i zbog zakonskih zahtjeva, kojima se želi postaviti minimalna granica uz broj žena u takvim odborima. U ovom radu analizira se zastupljenost žena na upravljačkim pozicijama u hrvatskim poduzećima te istražuje utjecaj spolne raznolikosti u upravama i nadzornim odborima na uspješnost poslovanja poduzeća. Provedeno je istraživanje na uzorku od 400 najvećih hrvatskih poduzeća. Rezultati pokazuju mali postotak žena u upravama i nadzornim odborima hrvatskih poduzeća te kako se ne može sa sigurnošću tvrditi da spolna raznolikost u upravama i nadzornim odborima doprinosi uspješnosti poduzeća. Ipak, vidi se utjecaj spolne raznolikosti u nadzornim odborima na uspješnost poduzeća, što bi moglo biti predmet daljnjih istraživanja.

O radu nadzornog odbora i uprave u kontinentalnom modelu korporacijskog upravljanja, odnosno upravnom odboru u američkom modelu, ovisi uspješnost poslovanja poduzeća. Stoga je sastav takvih odbora ključan te se na tu temu provode istraživanja s ciljem utvrđivanja optimalnog sastava. Spolna raznolikost spomenutih odbora u zadnje vrijeme dobiva sve veći značaj, ne samo zbog istraživanja kojima se dokazuje da je članstvo žena u takvim odborima pozitivno za uspješnost poslovanja poduzeća, već i zbog zakonskih zahtjeva, kojima se želi postaviti minimalna granica uz broj žena u takvim odborima. U ovom radu analizira se zastupljenost žena na upravljačkim pozicijama u hrvatskim poduzećima te istražuje utjecaj spolne raznolikosti u upravama i nadzornim odborima na uspješnost poslovanja poduzeća. Provedeno je istraživanje na uzorku od 400 najvećih hrvatskih poduzeća. Rezultati pokazuju mali postotak žena u upravama i nadzornim odborima hrvatskih poduzeća te kako se ne može sa sigurnošću tvrditi da spolna raznolikost u upravama i nadzornim odborima doprinosi uspješnosti poduzeća. Ipak, vidi se utjecaj spolne raznolikosti u nadzornim odborima na uspješnost poduzeća, što bi moglo biti predmet daljnjih istraživanja., The success of the company’s business depends on the work of the Supervisory Board and the Management Board in the continental model of corporate management, and Management Board in the American model. Therefore, the stuff of such boards is essential, and various studies are being conducted on this subject in order to find out their optimal line-up. Sexual diversity of the mentioned boards is getting more and more significant, not only because of research which proves that participation of women in such boards has a positive impact on the success of the companies’ business performance, but also due to legal requirements, which aim to limit the minimum number of women in such boards. In this paper, we analyze the participation of women in managerial positions in Croatian companies and we research the impact of sexual diversity of the Management Board and the Supervisory Board on the success of the companies’ business performance. Empirical study was conducted on a sample of the 400 largest Croatian companies. The results show that there are a small percentage of women in the Management Board and the Supervisory Board and it cannot be considered that sexual diversity of the mentioned boards contributes to the company’s success. However, the impact of sexual diversity of Supervisory Board on the company’s success can be seen and that could be subject to the further research.