IMPLEMENTATION OF CORPORATE GOVERNANCE MECHANISMS IN TOURISM

Fuad Jabbarov ()
Additional contact information
Fuad Jabbarov: Azerbaijan Tourism and Management University,

Annals of Spiru Haret University, Economic Series, 2018, vol. 18, issue 4, 113-122

Abstract: The article is devoted to forming of effective mechanisms that regulate economic activity of subjects. The economic state affects activity of companies, especially in tourism. The aim of this paper is to show how implementation of corporate governance mechanisms provides greater transparency in the tourism sector, as well as a higher level of alignment of the domestic regulatory framework with the principles applied in the developed economies in this industry; different internal and external factors affecting the steady evolution and development of companies; currency parity and increase of bank interest rates and their influence on a tourist stream; forming of steady mechanisms by means of implementation of elements and principles of corporate management, possibilities of adaptation and implementation of mechanisms of corporate management

Keywords: corporate governance; consumer basket; economic condition; currency parity; diversification; rate of bank in interest (search for similar items in EconPapers)
JEL-codes: G30 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://anale.spiruharet.ro/index.php/economics/article/view/1846/pdf Full text (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:ris:sphecs:0347

Access Statistics for this article

Annals of Spiru Haret University, Economic Series is currently edited by Elena Gurgu and Constantin Mecu

More articles in Annals of Spiru Haret University, Economic Series from Universitatea Spiru Haret no. 13 Street Ion Ghica, Quarter 3, Bucharest, Cod postal: 030045, tel: (004021) 455.1000; 314.00.75; 314.00.76, fax: (004021) 314.39.08, e-mail: info@spiruharet.ro. Contact information at EDIRC.
Bibliographic data for series maintained by Aurelian A BONDREA () and Constantin Mecu ( this e-mail address is bad, please contact ).