Theoretical and Applied Economics
No. 2 / 2009 (531)
Minority Shareholders’ Protection: the Romanian Experience
Anamaria Ciobanu
Delia Catarama
Andreea Semenescu
Carmen Maria Lacatus
Academy of Economic Studies, Bucharest
Abstract. This paper performs an analysis of the regulation regarding minority shareholders protection in Romania. The paper estimates the level for minority shareholders protection based on the Pistor, Raiser and Gelfer (2000) index during the period 1996-2008. This index improved from 13 (January 1996) to 17.25 (March 2008) having a maximum value of 17.75 during May 2002- November 2006.
Contents
The Transformation of Municipal Services: towards Quality in the Public Sector
Quantitative Evaluations of Foreign Direct Investments Impact on Productivity Development of Companies from Central and Eastern Europe
Minority Shareholders’ Protection: the Romanian Experience
Quantifying Update Effects in Citizen-Oriented Software
Is there Needed an Industry Approach on Corporate Default Risk? Case Study on Companies Listed on Romanian Stock Exchange
Controversies in the Debate Regarding Economic Convergence