Corporate Governance - Leading Factor of Firm Financial Performance?

Dãnilã Alexandra ()
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Dãnilã Alexandra: "Ovidius" University of Constanta

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 728-732

Abstract: Corporate governance aims at increasing company's performance and harmonization of various interest groups. Within companies, shareholders attach great importance to corporate governance and implementation of such governance systems, and are willing to pay extra for excellent results in this field. This often happens because implementation of such governance systems is the only guarantee of fair treatment and equal rights that all shareholders have. Present paper aims to analyze the impact of corporate governance within Romanian firms on financial results. Conducted research consists, on one hand, of a survey, and on the other hand on a financial analysis of firm financial statements.

Keywords: agents; principals; survey; return on equity; correlation. (search for similar items in EconPapers)
JEL-codes: G30 (search for similar items in EconPapers)
Date: 2015
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