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Minority Shareholders’ Protection: the Romanian Experience

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Author Info
Victor Dragota (Academy of Economic Studies, Bucharest)
Anamaria Ciobanu (Academy of Economic Studies, Bucharest)
Delia Catarama (Academy of Economic Studies, Bucharest)
Andreea Semenescu (Academy of Economic Studies, Bucharest)
Carmen Maria Lacatus (Academy of Economic Studies, Bucharest)

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Abstract

This paper performs an analysis of the regulation regarding minority shareholders protection in Romania. The paper estimates the level for minority shareholders protection based on the Pistor, Raiser and Gelfer (2000) index during the period 1996-2008. This index improved from 13 (January 1996) to 17.25 (March 2008) having a maximum value of 17.75 during May 2002- November 2006.

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Publisher Info
Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): 02(531) (2009)
Issue (Month): 02(531) (February)
Pages: 35-48
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Handle: RePEc:agr:journl:v:02(531):y:2009:i:02(531):p:35-48

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Related research
Keywords: corporate governance; minority shareholders protection; Romania.;

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This page was last updated on 2009-11-25.

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