ASSESSING COMPLIENCE WITH CORPORATE GOVERNANCE PRINCIPLES IN CASE OF ROMANIAN FINANCIAL INVESTMENT COMPANIES

Tatiana Dănescu and Ovidiu Spătăcean

Annales Universitatis Apulensis Series Oeconomica, 2011, vol. 2, issue 13, 18

Abstract: Corporate governance includes structures that combine relationships between parties who invest resources and persons that monitor and manage businesses. These relationships are both formal, defined by rules and regulations and informal, materialized in business practices or ethical codes. The paper intends to assess the compliance level with corporate governance principles in case of Financial Investment Companies as institutional investors traded on Romanian capital market (Bucharest Stock Exchange). The research methodology mainly consists in processing data obtained from questioners addressed to these investment companies as well as observing corporate governance statements issued by each of these entities. As presented in the conclusion section, the authors reached valuable conclusions regarding a satisfactory compliance level with corporate governance requirements that apply to Financial Investment Companies.

Keywords: Financial Investment Companies; corporate governance; principles; ethical codes; regulations (search for similar items in EconPapers)
JEL-codes: M14 M42 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://oeconomica.uab.ro/upload/lucrari/1320112/18.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:alu:journl:v:2:y:2011:i:13:p:18

Access Statistics for this article

More articles in Annales Universitatis Apulensis Series Oeconomica from Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia
Bibliographic data for series maintained by Dan-Constantin Danuletiu ().