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The Importance of Corporate Governance Codes in European Union Countries

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

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 701-704

Abstract: Globalization, the treatment of investors and major corporate scandals have been major driving forces behind corporate governance developments. The corporate governance code is a set of principles, standards and best practices issued by an organization. Codes are flexible and nonbinding.

Keywords: corporate governance; best practices; codes of conduct (search for similar items in EconPapers)
JEL-codes: G30 (search for similar items in EconPapers)
Date: 2010
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