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Methods of optimizing corporate governance performance

Author

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  • Mihai C. SAVIN

    (VALAHIA University of Targoviste,Romania)

Abstract

In the context of corporate governance in almost all countries is increasing concern for the protection of shareholders, ensuring the balance of power in the governing bodies companies, the establishment and, where appropriate, extending the powers of the statutory audit, the establishment audit committees, transparency and quality of information, etc Good governance in a company mitigate risk, improve performance, open path to efficient financial markets, enhances leadership style sets a climate attractive investment, showing transparency and social responsibility. Both macroeconomic and microeconomic level is absolutely necessary renewal and improvement of tools for measuring and analyzing economic and financial performance in order to better reflect the results of an economic and consistent with the requirements of various stakeholders. This article presents methods for optimizing the performance of corporate governance at the micro level.

Suggested Citation

  • Mihai C. SAVIN, 2013. "Methods of optimizing corporate governance performance," Management Intercultural, Romanian Foundation for Business Intelligence, Editorial Department, issue 29, pages 313-320, October.
  • Handle: RePEc:cmj:interc:y:2013:i:29:savin
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    More about this item

    Keywords

    Corporate Governance; stakeholders; performance; Governance models; efficiency;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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