THE CORPORATE GOVERNANCE IMPACT ON BANKING PERFORMANCE INCREASE
Mariana G. Bunea
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Mariana G. Bunea: Faculty of Accounting and Management Information Systems, BUCHAREST University of Economic Studies, Romania
Management Intercultural, 2013, issue 29, 41-53
Abstract:
The Gradual collapse of financial markets in the European Union since the fall of 2008 and economic crises at the credits portfolio level that followed, were generated by the several factors, often interdependent, both macroeconomic and microeconomic level, finally leading to the accumulation of excessive risk in the financial system. This excessive risk was partially caused by the deficiencies in Corporate Governance of the Financial Institutions and the especially banks deficiencies. Even if we can’t put down to the Corporate Governance crisis started, yet nonexistent or inadequacy of effective control mechanisms have determined to the excessive risk-taking by most credit institutions. This article aims to evaluate the application of Corporate Governance principles of the significant players within the Romanian banking system. The research methodology was based essentially on the technique of using the questionnaire, on Corporate Governance documents remarks published on the banks analyzed websites and on the using scoring methods in evaluating the application of Corporate Governance principles.
Keywords: Corporate Governance; Banking system; Supervisory authorities; Risk management; Audit; Shareholder structure (search for similar items in EconPapers)
JEL-codes: M42 M48 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:interc:y:2013:i:29:bunea
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