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Corporate Governance - Leading Factor of Firm Financial Performance?

Author

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  • Dãnilã Alexandra

    ("Ovidius" University of Constanta)

Abstract

Corporate governance aims at increasing company's performance and harmonization of various interest groups. Within companies, shareholders attach great importance to corporate governance and implementation of such governance systems, and are willing to pay extra for excellent results in this field. This often happens because implementation of such governance systems is the only guarantee of fair treatment and equal rights that all shareholders have. Present paper aims to analyze the impact of corporate governance within Romanian firms on financial results. Conducted research consists, on one hand, of a survey, and on the other hand on a financial analysis of firm financial statements.

Suggested Citation

  • Dãnilã Alexandra, 2015. "Corporate Governance - Leading Factor of Firm Financial Performance?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 728-732, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:728-732
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2015/ANALE%20vol%2015_issue_1_pt%20site.pdf
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    More about this item

    Keywords

    agents; principals; survey; return on equity; correlation.;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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