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Corporate Governance: Banking Sector and Economic Development

Author

Listed:
  • Ion Croitoru

    (Athenaeum University of Bucharest)

  • Issam MF Saltaji

    (Athenaeum University of Bucharest)

Abstract

Corporate governance is concerned as the most important topic to be discussed by financial entities and economic institutions in developed and transition economic countries during the last decade especially several financial crisis took places around the world especially, the ninetieth was full of crises and scandals that highlighted the low quality of monitoring and related weak accounting system beside the poor experience and transparency. These crises and scandals made many shareholders and citizens to lose their wealth and due to that shareholders and citizens look for corporations applying corporate governance. Besides that, developed economic countries employ governance mechanisms aggressively in order to increase the investment possibilities in their corporations and territories. Overall, corporate governance has its role in economic reformation and economic development.

Suggested Citation

  • Ion Croitoru & Issam MF Saltaji, 2017. "Corporate Governance: Banking Sector and Economic Development," Working papers Globalization - Economic, Social and Moral Implications, April 2017 6, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:wpaper:6
    DOI: 10.5281/zenodo.581761
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    References listed on IDEAS

    as
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    3. Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June.
    4. Paul Gompers & Joy Ishii & Andrew Metrick, 2003. "Corporate Governance and Equity Prices," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(1), pages 107-156.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Corporate Governance; Economic Development; Banking Sector; High Quality Performance;
    All these keywords.

    JEL classification:

    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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