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MESIC ADVOCATES ADOPTION OF LAW ON ESOP

ZAGREB, Sept 30 (Hina) - Croatian President said that employee stockownership plans (the so-called ESOP) and participation indecision-making in Croatian companies should be regulated by a specialact.
ZAGREB, Sept 30 (Hina) - Croatian President said that employee stock ownership plans (the so-called ESOP) and participation in decision-making in Croatian companies should be regulated by a special act.

Mesic, who took part in a conference organised by the Croatian Employers' Association (HUP) and the Croatian-Austrian Chamber of the Economy in Zagreb on Thursday, said he would personally advocate the adoption of the said law.

He believes that employee ownership and participation in decision-making are the best model for developing human potentials and establishment of good relations between the labour and the capital.

Several Croatian and Austrian business people also addressed the one-day conference.

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