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Corporate Governance In The Transition Economies

Author

Listed:
  • MIRUNA-LUCIA NACHESCU

    (WEST UNIVERSITY OF TIMISOARA, FEAA, TIMISOARA, ROMANIA)

  • FLAVIA-MIRELA BARNA

    (WEST UNIVERSITY OF TIMISOARA, FEAA, TIMISOARA, ROMANIA)

  • MARIN POPESCU

    (WEST UNIVERSITY OF TIMISOARA, FEAA, TIMISOARA, ROMANIA)

Abstract

Corporate governance has been an important issue in the economic literature of the last decades, a strong corporate governance framework being extremely important in order to increase the confidence of the stakeholders. Also, the transition economies are an important issue of research, especially after the 80s’. The aim of the present paper is to see which are the main theories regarding the corporate governance and how they can be described, as well as which are the main corporate governance systems put into place in the transition economies. Our paper also focuses on the particular characteristics of the transition economies and what impact they have on the quality of the corporate governance. These aspects are important in the context of a larger research through which we try to establish ways of evaluating the quality of corporate governance practices and systems.

Suggested Citation

  • Miruna-Lucia Nachescu & Flavia-Mirela Barna & Marin Popescu, 2015. "Corporate Governance In The Transition Economies," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 106-111, January.
    • Handle: RePEc:cbu:jrnlec:y:2015:v:1i:p:106-111
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