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This paper aims to provide an overview of the quality of corporate governance (CG) disclosures in the framework of CGS and the “comply or explain” code principle in Slovenia. It aims to observe the differences among companies of the prime, standard and entry markets in terms of the differences in governance standards and regulatory frameworks.

This paper analyzes the historical development, legal approach and methods used in the regulation of the “comply or explain” principle in Slovenia. In the 2014 SEECGAN research – Slovenia, we measured the quality of CG by applying the newly created SEECGAN index methodology covering seven segments of CG and assessing 98 attributes. This paper upgrades the results of this research with additional case study research.

The analysis from 2011 to 2014 on the “comply or explain” principle showed a gradual improvement of transparency in Slovenian public companies. The 2014 SEECGAN research – Slovenia revealed that the number of specific and high-quality explanations of deviations has increased. The study in this paper showed that the governance practice in some cases is still not in line with code recommendations and does not disclose the deviations from the code.

Disclosures of the Slovenian public companies are presented for the period 2004-2018. This paper points out the improvements to be realized to change unsatisfactory practices. The measurement of the quality of CG by the 2014 SEECGAN research – Slovenia introduced a methodology, which could be recognized and improved by the EU and/or its member states.

The purpose of this paper is to establish whether succession problems in family businesses contribute to more modest growth aspirations compared to family businesses where succession solutions are gained. It aims to focus especially on transition countries, where studies on this topic are very rare.

The main data source for the study was a telephone survey of 350 small to medium‐sized enterprises (SMEs) in Slovenia. To obtain population estimates, 95 percent confidence intervals were calculated. To test the differences in the case of two independent samples, the t‐test and χ²‐test were used. The general criterion for accepting the hypothesis that differences exist was the statistical signification at the 5 percent level (p< 0.05; two‐tailed).

The research shows that a high proportion of family enterprises in Slovenia are going to face the problem of succession in the near future. Research results also suggest that anticipation of an increase in the number of new jobs is higher, on average, among entrepreneurs in family enterprises that have gained succession solutions, compared to those that have not.

It is very important for transition countries to continue with research and to regularly start collecting data on succession and start raising the awareness of family business owners about the importance of managers preparing succession on time. An extension of the research is also to establish whether, and to what extent, growth aspirations turn into the actual growth of ventures.

This is one of the first researches on the impact of unsolved succession problems on entrepreneurs' ambitions to grow their business in transition countries in general, with particular focus on the case of Slovenia.

The purpose of this paper is to broaden the understanding of family business succession as organizational knowledge creation process.

The paper is built on organizational knowledge creation theory and reviews literature on family business succession. Four modes of knowledge conversion are followed to identify knowledge creation activities contributing to family business's knowledge base and to develop propositions.

Successful realization of succession depends not only on “traditional” knowledge creation activities of socialization and internalization, but as well as on active involvement of successor(s) in many aspects of business functioning. This contributes not only to widening successor(s) knowledge base but as well as to the firm's tacit and explicit knowledge triggering a new spiral of knowledge.

The paper limits the research on leadership succession as one of the most challenging tasks in family business's life cycle. Moreover, research findings have implications for small- and medium-sized family businesses due to the strong preference of keeping the leadership within a family.

Propositions developed provide useful cognitions to professionals and stakeholders involved in succession process. If they understand the complexity of knowledge creation process, they can stand a better chance of improving the process of successor(s)’ development and leadership transfer in such a way that family business will have better chance to survive and progress after the transition.

The research provides a comprehensive framework of knowledge creation activities during succession thus indicating the requisitely holistic approach to succession from organizational knowledge creation perspective. The study contributes to the organizational knowledge creation theory and the succession theory.

Ethical behaviour of enterprises can be attained only by planning of ethics. The purpose of this paper is to show the need for the business ethics planning, to disclose the need for the requisitely holistic planning of enterprise ethics, and to offer the concept of the requisitely holistic planning of enterprise ethics.

The research cognitions on the importance of ethical core values, enterprise culture, ethical climate and informal as well as formal measures of business ethics are discussed and argued in application of the dialectical systems theory. The various research insights are used and applied in concluding concept of requisitely holistic planning of enterprise ethics.

For successful implementation of the ethics program or plan, it is important that the program is internalized by all enterprise's stakeholders. The paper shows that credibility and ethical behaviour of an enterprise can be achieved only through requisitely holistic planning of enterprise ethics.

This paper gives us the insights in the state of the importance and interconnection between ethical core values, culture and ethical climate as well as informal and formal measures of business ethics in relation to enterprise ethics implementation. The present research paper also has important practical implications since it shows the importance of the requisitely holistic planning of enterprise ethics in a sense of sustainable development of enterprises as well as enterprises' long‐term success.

The available literature does not provide for a similar research or concept of requisitely holistic planning of enterprise ethics. The paper also models the interconnection between core values, culture, climate and informal as well as formal measures of business ethics in order to understand the importance of enterprise ethics.