Dynamics Of Corporate Governance Reform In Europe
Dan Chirlesan () and
Bogdan Ilut ()
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Dan Chirlesan: Faculty of Economics and Business Administration, "Al. I. Cuza" University, Iasi, Romania
Bogdan Ilut: Faculty of Economics and Business Administration, "Al. I. Cuza" University, Iasi, Romania
Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), 2010, vol. 57, 117-128
Corporate governance represents a major topic in the field of economics. On the basis of litera-ture written on this topic so far, this article presents the main characteristics of corporate governance in Europe and in the US. It then proceeds to present the problems that emerge as an effect of concen-trated ownership, and draws on the Parmalat scandal as an illustrative case in point. Without claiming to be exhaustive, the paper finally emphasises the changes that are needed and that have been undertook in order to meet the challenges of European firms’ corporate governance.
Keywords: Corporate Governance; Internal Governance; Disclosure; Private Enforcement; Public Enforcement (search for similar items in EconPapers)
JEL-codes: G18 G32 G34 G38 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:aic:journl:y:2010:v:57:p:117-128
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