IDEAS home Printed from https://ideas.repec.org/a/alu/journl/v2y2011i13p18.html
   My bibliography  Save this article

Assessing Complience With Corporate Governance Principles In Case Of Romanian Financial Investment Companies

Author

Listed:
  • Tatiana Dănescu
  • Ovidiu Spătăcean

Abstract

Corporate governance includes structures that combine relationships between parties who invest resources and persons that monitor and manage businesses. These relationships are both formal, defined by rules and regulations and informal, materialized in business practices or ethical codes. The paper intends to assess the compliance level with corporate governance principles in case of Financial Investment Companies as institutional investors traded on Romanian capital market (Bucharest Stock Exchange). The research methodology mainly consists in processing data obtained from questioners addressed to these investment companies as well as observing corporate governance statements issued by each of these entities. As presented in the conclusion section, the authors reached valuable conclusions regarding a satisfactory compliance level with corporate governance requirements that apply to Financial Investment Companies.

Suggested Citation

  • Tatiana Dănescu & Ovidiu Spătăcean, 2011. "Assessing Complience With Corporate Governance Principles In Case Of Romanian Financial Investment Companies," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(13), pages 1-18.
    • Handle: RePEc:alu:journl:v:2:y:2011:i:13:p:18
    as

    Download full text from publisher

    File URL: http://oeconomica.uab.ro/upload/lucrari/1320112/18.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hellman, Niclas, 2005. "Can we expect institutional investors to improve corporate governance?," Scandinavian Journal of Management, Elsevier, vol. 21(3), pages 293-327, September.
    2. Ioana Maria Ghidiu Bîta & Tatiana Danescu, 2010. "Information Society - Sustainable Development Premise In A Competitive Economy," STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA, Petru Maior University, Faculty of Economics Law and Administrative Sciences, vol. 1, pages 21-34, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ferenc Bognár & Petra Benedek, 2021. "Case Study on a Potential Application of Failure Mode and Effects Analysis in Assessing Compliance Risks," Risks, MDPI, vol. 9(9), pages 1-16, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zamri Ahmad & Haslindar Ibrahim & Jasman Tuyon, 2017. "Institutional investor behavioral biases: syntheses of theory and evidence," Management Research Review, Emerald Group Publishing Limited, vol. 40(5), pages 578-603, May.
    2. Tatiana Dănescu & Paula Nistor, 2012. "Foreign Direct Investment In Emerging And Developed Economies," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 1-20.
    3. Du Rietz, Sabina, 2014. "When accounts become information: A study of investors’ ESG analysis practice," Scandinavian Journal of Management, Elsevier, vol. 30(4), pages 395-408.
    4. Graaf, Johan & Johed, Gustav, 2020. "“Reverse brokering” and the consumption of accounting: A broker desk ethnography of an investment case," Accounting, Organizations and Society, Elsevier, vol. 85(C).

    More about this item

    Keywords

    Financial Investment Companies; corporate governance; principles; ethical codes; regulations;
    All these keywords.

    JEL classification:

    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:2:y:2011:i:13:p:18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dan-Constantin Danuletiu (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.