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Non-Financial Performance. Relationship Between Social Responsibility Of Company And Corporate Governance

Author

Listed:
  • Gabriela Sandu
  • Carmen Luiza Costuleanu

    (University “Petre Andrei” from Iasi Faculty of Economics Iasi, Romania)

Abstract

Romanian companies were privatized listed in the table, forming a highly dispersed ownership, free of activism in managing companies and the emergence of a powerful group of majority shareholders. These companies are controlled by managers and employees or shareholders at the expense of minority shareholders' interests and other social partners, in violation of their rights, which led to lower their property by shareholders. The corporate governance of listed companies makes the decisive financial and economic performance of the current and future. Therefore, the quality of administration and management is a key variable for assessing non-financial performance of companies listed on global stock market.

Suggested Citation

  • Gabriela Sandu & Carmen Luiza Costuleanu, 2011. "Non-Financial Performance. Relationship Between Social Responsibility Of Company And Corporate Governance," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 3(39), pages 134-137.
  • Handle: RePEc:aio:aucsse:v:3:y:2011:i:39:p:134-137
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    File URL: http://feaa.ucv.ro/AUCSSE/0039v3-019.pdf
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    More about this item

    Keywords

    Non-financial performance; Accounting; Financial statements; Social responsability; Corporate governance;

    JEL classification:

    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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