The article consists of theoretical and empirical parts. The purpose of the theoretical part of this article is to present the concepts of governance and good governance. In the empirical part the authors demonstrate how the aggregate measure of governance quality constructed on the basis of six World Bank indicators can be used in a cross-sectional and temporal analysis. The analysis covers the time period of 2002-2012, while the cross-sectional area of research includes 28 Member States of the European Union.

1. FULLTEXT: Application of MAJR Aggregate Measure in the Management Quality Testing in the EU-28, Zip archive data, at least v2.0 to extract, 0.2MB

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