STANDARDIZATION IN THE FIELD OF MANAGEMENT CONSULTING SERVICES

Tudor Ciumara ()

Studii Financiare (Financial Studies), 2009, vol. 13, issue 4, 200-207

Abstract: The EU recognizes the importance of management consultancy, part of the services sector. To facilitate the matching of management consulting services at European level, work is carried out to develop an industry standard, which is meant to become a best practice guide for providers of these services. The proposed standard has both clear advantages and disadvantages. It represents essentially a solution for reducing information asymmetry between providers of consultancy services and their customers, an alternative to the implementation of legal regulations.

Keywords: management consultancy; standardization; CEN; ICMCI; regulation (search for similar items in EconPapers)
JEL-codes: D81 D82 D83 L15 L84 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:vls:finstu:v:13:y:2009:i:4:p:200-207

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