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Corporate governance quality

Author

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  • Claudiu George Bocean

    (Management-Marketing Department, Faculty of Economics and Business Administration, University of Craiova)

Abstract

Corporate governance quality in most countries has overall improved, although to varying degrees and with a few notable exceptions. Corporate governance issues are especially important in emerging countries, since these countries do not have the long-established financial institution infrastructure to deal with corporate governance issues. This paper discusses how emerging countries are dealing with corporate governance quality issues. In emerging countries the impact of improvements in corporate governance quality on traditional measures of real economic activity was positive, significant, and quantitatively relevant, and the growth effect is particularly pronounced for industries that implemented principles and codes of corporate governance.

Suggested Citation

  • Claudiu George Bocean, 2008. "Corporate governance quality," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 55, pages 30-36, November.
  • Handle: RePEc:aic:journl:y:2008:v:55:p:30-36
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    References listed on IDEAS

    as
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    6. Mark J. Roe, 2008. "The Institutions of Corporate Governance," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 15, pages 371-399, Springer.
    7. Rafael La Porta & Florencio Lopez‐De‐Silanes & Andrei Shleifer, 1999. "Corporate Ownership Around the World," Journal of Finance, American Finance Association, vol. 54(2), pages 471-517, April.
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    Cited by:

    1. Mihai Constantin Razvan BARBU & Liviu CRACIUN, 2012. "Considerations On Managerial Ethics In Sports Organizations," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 59-68, May.
    2. Miron Vasile-Cristian-Ioachim, 2015. "Social Responsability And Corporate Governance In Evaluating The Performance Of Economic Entities," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 151-159, October.

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