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Corporate Governance Systems used in European Union

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  • Daniela Croitoru

    ()
    (Alexandru Ioan Cuza University of Iasi, Faculty of Economic and Business Administration)

Abstract

Article points out conflicts of interest that might arise in an enterprise between different actors involved in carrying out specific activities. Is also pursuing and decisions taken on the implementation of codes of corporate governance to resolve disagreements between the majority and minority shareholders, between shareholders and managers, and not the last time the company management and employees. The basic idea of which starts is that the harmonization objectives of all persons involved in business operation is a basic criterion for achieving high economic performance. This study considers the way in which governments and business yourself are willing to accept a change to the management and control system so that all involved to obtain the satisfaction of their expectations without the intervention of specialized bodies to to resolve problems that may occur between different categories of participants in the development enterprise.

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File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/778/705
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Bibliographic Info

Article provided by Danubius University of Galati in its journal Euroeconomica.

Volume (Year): (2011)
Issue (Month): 27 (February)
Pages: 7-12

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Handle: RePEc:dug:journl:y:2011:i:27:p:7-12

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Web page: http://www.euroeconomica-danubius.ro/
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Related research

Keywords: Cadbury Code; conflict of interests; MEBO; agent theory;

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