The Economic Crisis, A Vector of Corporate Governance`s Change

Mihaela Dumitrascu
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Mihaela Dumitrascu: The Bucharest Academy of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2011, vol. 12, issue 6, 304-308

Abstract: The current global economic crisis is a nowadays problem, settled since 2007, the United States of America and extending worldwide since anul2008. This things has got the economy going unprepared. Therefore solutions must be found embedded in the current international economic context, especially in terms of financial accounting regulations. The literature on the global economic crisis field is not yet very clear developed. We are in the middle of a major financial crisis with global implications. The financial crisis combined with other potential crises (such as energy crisis, food crisis or the policy) could lead to generalized recession globally, so do not feel that this financial crisis must be treated in isolation, but I think this is strongly linked to the current paradigm of business.

Keywords: corporate governance; economic crisis; stakeholder. (search for similar items in EconPapers)
JEL-codes: M19 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:12:y:2011:i:6:p:304-308

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