Financial Structure in the Context of Corporate Governance

Visinescu Sorin Mihai () and Micuda Ion-Dan ()
Additional contact information
Visinescu Sorin Mihai: Academy of Economic Studies, Bucharest
Micuda Ion-Dan: „Constantin Brancoveanu” University, Management Marketing in Economic Affairs Faculty, Pitesti

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 1745-1749

Abstract: The company financing decision defines one of the most controversial areas of research in corporate finance theory. Identifying the optimal capital structure involves determinants of financing policy but also aspects that relate to corporate governance practices adopted by the firms. Studies of corporate governance focus on how corporate capital providers make sure that they gain from the investment in the company. Since managers are tempted to exploit weaknesses in the management contracts in order to increase their utility, the shareholders must carefully monitor them. The scope of the present research is to make a review on current corporate governance models and practices and also of their impact on firm financial structure. It also aims to develop links between the various financing sources and firm value, under the operation of corporate governance mechanisms

Keywords: corporate governance; financial structure (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p1.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:ovi:oviste:v:xii:y:2012:i:12:p:1745-1749

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().