Some Considerations on The Role of Financial Communication Within Corporate Governance

Avram Costin Daniel ()
Additional contact information
Avram Costin Daniel: University of Craiova

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 1, 398-402

Abstract: On the background of a climate dominated by mistrust, suspicion and uncertainty, incontemporary society an increasing emphasis is put on financial communication as the main pillarthat ensures transparency and helps the economic entity to gain credibility among stakeholders. Financial communication has become a strategic concern, managed at top management level. The management of any entity is characterized by at least three fundamental processes: thinking,decision making and communication. Without proper thinking, no decision could be made. Withoutmaking decisions, we cannot talk about management. Without communicating the decisions made,we cannot put them in practice. Communication is a natural process, but within the corporate governance, it occupies asignificant share on the behalf of both issuers and receivers on one hand, with great care to ensurea continuous feed-back on the other hand.

Keywords: financial communication; investors; corporate governance; economic entity; stakeholders (search for similar items in EconPapers)
JEL-codes: G10 G19 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:398-402

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().