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Corporate Governance In Oecd Member Countries

Author

Listed:
  • Alina HAGIU

    (Faculty of Economics and Law, University of Pitesti, Romania)

  • Marinela BARBULESCU

    (Faculty of Economics and Law, University of Pitesti, Romania)

Abstract

Corporate governance reflects how a company is managed and controlled. In defining this concept it goes on the idea that the global performance of the company is based on the theory of interest holders. The value of the firm is maximized to the extent that managers manage to identify and harmonize conflicts of interest that arise between the company's social partners, especially between shareholders and managers. Harmonization of these interests is ensured through the corporate governance system. In this paper we aim to analyze the corporate governance in the OECD member countries with a focus on the rights of shareholders and key ownership functions.

Suggested Citation

  • Alina HAGIU & Marinela BARBULESCU, 2018. "Corporate Governance In Oecd Member Countries," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 17(3), pages 177-186.
  • Handle: RePEc:pts:journl:y:2018:i:3:p:177-186
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    References listed on IDEAS

    as
    1. Gur Aminadav & Elias Papaioannou, 2020. "Corporate Control around the World," Journal of Finance, American Finance Association, vol. 75(3), pages 1191-1246, June.
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    More about this item

    Keywords

    Corporate governance; Shareholders; Performance; Conflicts; Interest.;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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