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Theoretical Approach between the Soft and Hard Law in the Context of Corporate Governance

Author

Listed:
  • Nicolae MAGDAS

    (Babe?-Bolyai University, Cluj-Napoca, Romania)

  • Melinda Timea FULOP

    (Babe?-Bolyai University, Cluj-Napoca, Romania)

Abstract

The proposed study analyzes developments and perspectives of soft and hard law in the context of corporate governance. Thus, at the level of the specialized literature, a series of studies were conducted on the role of effective corporate governance as well as on the evolution and prospects of soft and hard law on information transparency. For the purpose of the analysis, the authors conducted a qualitative study on the evolution and prospect of soft and hard law in the context of corporate governance. The results show that corporate governance has evolved more and more in the post-economic crisis and a greater emphasis is placed on the transparency of the information provided in conjunction with the revival legislation.

Suggested Citation

  • Nicolae MAGDAS & Melinda Timea FULOP, 2019. "Theoretical Approach between the Soft and Hard Law in the Context of Corporate Governance," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 17(153), pages 134-134.
    • Handle: RePEc:aud:audfin:v:17:y:2019:i:153:p:134
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    References listed on IDEAS

    as
    1. Niamh M. Brennan & Jill Solomon, 2008. "Corporate governance, accountability and mechanisms of accountability: an overview," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 21(7), pages 885-906, September.
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    More about this item

    Keywords

    corporate governance; law; capital market; financial crisis;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

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