Governance Code - Solution to a Better Corporate Life

Tudose Geanina Gabriela () and Petroianu Grazia-Oana ()
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Tudose Geanina Gabriela: "Constantin Brancoveanu" University of Pitesti Bucharest University of Economic Studies
Petroianu Grazia-Oana: "Constantin Brancoveanu" University of Pitesti Bucharest University of Economic Studies

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 617-622

Abstract: Transparency of financial information is an indispensable component for competitive capital market. Governance is the answer to what should be annulled idea of possible fraud due to lack of information transparency. All models of corporate governance places in center effectiveness of controls, but it remains the responsibility of entities to adopt a mechanism to ensure transparency of communication. All steps in this paper come to show how, why, and how relevant is the role of governance code for business today and especially the future. The need to ensure the transparency of investment potential financial position and financial performance of the business, they want to invest, may be one of the solutions to attract foreign capital for the development of the strategic points of the Romanian economy, Romanian capital with a vision to provide lasting support in terms of efficiency trivalent and points where there economies of scale.

Keywords: corporate governance; governance code; management; performance (search for similar items in EconPapers)
JEL-codes: M (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:617-622

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