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European Level Test of Romanian Enterprise Governance

Author

Listed:
  • Niculae Feleaga

    (Academy of Economic Studies, Bucharest)

Abstract

The corporate governance is a central and dynamic aspect of the businesses. The term governance comes from the latin “gubernare”, meaning to guide and supposes that the corporate governance imply equally both the leadership function and that of control. As is known there are more ways of defining the enterprise governance starting from the simple stones, which focus on the enterprise and its shareholders, to the most complex ones incorporating individual or departamental responsability to implement a given function of the companies and which implies many other groups of persons. Responsability is the consequence of the law and reglementation application or contract agreements.

Suggested Citation

  • Niculae Feleaga, 2006. "European Level Test of Romanian Enterprise Governance," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 2(2(497)), pages 7-12, April.
    • Handle: RePEc:agr:journl:v:2(497):y:2006:i:2(497):p:7-12
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