
The World Bank ranked Serbia 37th, when it comes to minority shareholders’ rights in related-party transactions and in corporate governance, in its Doing Business 2020 report within the Economy Profile of Serbia. This topic measures the strength of minority shareholder protections against misuse of corporate assets by directors for their personal gain as well as shareholder rights, governance safeguards and corporate transparency requirements that reduce the risk of abuse. The improvement achieved in this area is the highest leap and represents a progress from the 83rd to 37th rank.