Theoretical and Applied Economics
No. 9 / 2011 (562)
Corporate Governance in Emerging Economies: The Case of Romania
Bucharest Academy of Economic Studies
Liliana FELEAGĂ
Bucharest Academy of Economic Studies
Voicu Dan DRAGOMIR
Bucharest Academy of Economic Studies
Adrian Doru BIGIOI
Bucharest Academy of Economic Studies
Abstract. In Romania corporate governance has emerged beginning with the early 2000s. The delay is explainable by the difficult steps taken on the line of political, legal, economic and social reform. In recent years, however, the corporate governance environment in Romania has changed. Transparency and accountability have become key factors not only for shareholders, but also for investors, buyers, suppliers, and other stakeholders.
In this context, it is worth to consider, based on statistical data, the degree of development of corporate governance in Romania. The selected indicators are linked to attributes of the Board of directors, in particular Board structure, size, independence, frequency of meetings, and other factors. The sources used are based on the official data published by companies listed on the Bucharest Stock Exchange (BSE). The results will be compared with results of other case studies of emerging countries and the European best practice.
Contents
Corporate Governance in Emerging Economies: The Case of Romania
Banat-Crişana as Micro-destination – Elements of Tourism Image and Tourism Identity
News in Competition Regulation in Romania. Institutional Consolidation of the Competition Council
Education and the Characteristics of Public Goods. Overlaps and Differences
The Remittance-GDP Relationship in the Liberalized Regime of Bangladesh: Cointegration and Innovation Accounting
Limiting Civil Liability in the Sphere of Business Auditing
Analysis of the Possibility to Organize the Management Accounting through the Target Costing (TC) Method in the Romanian Entities
Enhancement of Cooperation and Communication between Universities and the Business Environment, Requirement for a Good Functioning of the Knowledge Triangle: Education, Research, Innovation
Predicting Bankruptcy in Pakistan
Analysis of the Correlation between GDP and the Final Consumption
German SMEs Affected by the World Crisis
Contributions to the Legislative Provisions Governing the Management of Waste Containing Asbestos in Romania and EU
Tourism Competitiveness Index – An Empirical Analysis Romania vs. Bulgaria
Socio-economic Models During the Period of Crisis