CORPORATE GOVERNANCE IN THE TRANSITION ECONOMIES

Miruna Nachescu, Flavia-Mirela Barna and Marin Popescu
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Flavia-Mirela Barna: WEST UNIVERSITY OF TIMISOARA, FEAA, TIMISOARA, ROMANIA
Marin Popescu: WEST UNIVERSITY OF TIMISOARA, FEAA, TIMISOARA, ROMANIA

Annals - Economy Series, 2015, vol. 1I, 106-111

Abstract: Corporate governance has been an important issue in the economic literature of the last decades, a strong corporate governance framework being extremely important in order to increase the confidence of the stakeholders. Also, the transition economies are an important issue of research, especially after the 80s’. The aim of the present paper is to see which are the main theories regarding the corporate governance and how they can be described, as well as which are the main corporate governance systems put into place in the transition economies. Our paper also focuses on the particular characteristics of the transition economies and what impact they have on the quality of the corporate governance. These aspects are important in the context of a larger research through which we try to establish ways of evaluating the quality of corporate governance practices and systems.

Keywords: corporate governance; transition economy; governance structure; privatization process (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2015:v:1i:p:106-111

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