Testing Compliance with Corporate Governance Principles on the Romanian Capital Market

Ioan-Ovidiu Spatacean () and Loredana Ghiorghita
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Ioan-Ovidiu Spatacean: Universitatea “Petru Maior” din Tîrgu–Mures Str. Nicolae Iorga, nr.1, Tîrgu – Mures, MURES, 540088, România
Loredana Ghiorghita: Universitatea “Petru Maior” din Tîrgu–Mures Str. Nicolae Iorga, nr.1, Tîrgu – Mures, MURES, 540088, România

Acta Marisiensis. Series Oeconomica, 2012, vol. 1, 70-85

Abstract: Corporate governance principles represent the scaffolding on which the relationships between public entities and holders of financial or non-financial interests must be built. Good corporate governance adds value to listed entities and reduces the cost of capital, ensuring effective financing from investors. This article aims to assess the compliance of listed entities composing the BET XT index with relevant principles of corporate governance.

Keywords: Corporate governance; compliance level; scoring method; stakeholders; listed companies. (search for similar items in EconPapers)
JEL-codes: M42 M48 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pmu:oecono:v:1:y:2012:p:70-85

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