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THE ENHANCEMENT OF A MORE TRANSPARENT ROMANIAN BUSINESS ENVIRONMENT AND ITS BENEFITS

Sebastian Vaduva, Victor Alistar, Daniel Neagoie and Robert Miklo

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2014, vol. 8, issue 1, 443-450

Abstract: Corruption represents a concerning issue worldwide where profit-seeking firms along with rent-seeking bureaucrats perceived it as the easiest and quickest method to wealth and prosperity. Oftentimes the sheer definition of corruption is debated and contested being justified by cultural norms and historical traditions. Insufficient academic and popular writings seem to adequately articulate the benefits of transparent business and administrative behavior, where the anti-corruption discussion in the Romanian context seems to be limited only to legal aspects. In the following paper we intend to analysis the Romanian companies’ transparency level and to facilitate a development strategy build upon a long-term, reputable perspective, which in turn would enable a healthier development of the Romanian business and administrative society.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:8:y:2014:i:1:p:443-450

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