The Importance of Corporate Governance in the South Est Europe Countries

Sergiu Sarchizian ()
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Sergiu Sarchizian: Doctoral School of Economics, "Al. I. Cuza" University of Iasi

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 164-167

Abstract: Corporate governance is the set of procecesses, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled. Corporate governance also includes the relationships among the shareholders, management, the board of directors and other stakeholders (employees, suppliers, customers, banks). Policy makers in both developed and emerging economies face challenges in ensuring good corporate governance. The OECD Principles of Corporate Governance set out a framework for good practice which has been agred by the governments of all 30 countries that are members of OECD. The White Paper on Corporate Governance in South Est Europe is the result of four Roundtable between 2001-2003 and it is the emulation of experiences of all participants based on the OECD Principles of Corporate Governance.

Keywords: corporate governance; policy makers; South Est Europe (search for similar items in EconPapers)
JEL-codes: G34 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:164-167

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