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Implementation Of Corporate Governance Mechanisms In Tourism

Author

Listed:
  • JABBAROV, Fuad

    (Azerbaijan Tourism and Management University,)

Abstract

The article is devoted to forming of effective mechanisms that regulate economic activity of subjects. The economic state affects activity of companies, especially in tourism. The aim of this paper is to show how implementation of corporate governance mechanisms provides greater transparency in the tourism sector, as well as a higher level of alignment of the domestic regulatory framework with the principles applied in the developed economies in this industry; different internal and external factors affecting the steady evolution and development of companies; currency parity and increase of bank interest rates and their influence on a tourist stream; forming of steady mechanisms by means of implementation of elements and principles of corporate management, possibilities of adaptation and implementation of mechanisms of corporate management

Suggested Citation

  • JABBAROV, Fuad, 2018. "Implementation Of Corporate Governance Mechanisms In Tourism," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 18(4), pages 113-122.
    • Handle: RePEc:ris:sphecs:0347
    as

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    File URL: http://anale.spiruharet.ro/index.php/economics/article/view/1846/pdf
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    References listed on IDEAS

    as
    1. Ahsan Akbar, 2015. "The Role of Corporate Governance Mechanism in Optimizing Firm Performance: A Conceptual Model for Corporate Sector of Pakistan," Journal of Asian Business Strategy, Asian Economic and Social Society, vol. 5(6), pages 109-115.
    2. Ahsan Akbar, 2015. "The role of corporate governance mechanism in optimizing firm performance: A conceptual model for corporate sector of Pakistan," Journal of Asian Business Strategy, Asian Economic and Social Society, vol. 5(6), pages 109-115, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corporate governance; consumer basket; economic condition; currency parity; diversification; rate of bank in interest;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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