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Corporate Governance within Financial Institutions: Asset or Liability?

Author

Listed:
  • Dan CHIRLESAN

    (Faculty of Economics and Business Administration, Al. I. Cuza University of Iasi, Romania)

  • Marius Constantin APOSTOAIE

    (Faculty of Economics and Business Administration, Al. I. Cuza University of Iasi, Romania)

Abstract

Solid corporate governance of the financial institutions is of a vital concern not only to the institutions themselves but also for the entire financial system. After four years of financial turbulences, the issue of corporate governance is more important than never especially for financial institutions who take on a significant role in the process of financial intermediation as they are considered to be important players in the financial system, especially in the Euro Area. The main purpose of this paper is to set out a framework for analyzing and thinking about the core meaning, the advantages and the direction of specific practices regarding corporate governance in a company in general, and specifically in financial institutions.

Suggested Citation

  • Dan CHIRLESAN & Marius Constantin APOSTOAIE, 2012. "Corporate Governance within Financial Institutions: Asset or Liability?," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 45-52.
    • Handle: RePEc:ddj:fseeai:y:2012:i:1:p:45-52
    as

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    File URL: http://www.ann.ugal.ro/eco/Doc2012.1/Chirlesean_Apostoaie.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Iuliana Oana MIHAI, 2013. "The Influence of Corporate Governance and Ownership Concentration on Company Performance - Evidence from Bucharest Stock Exchange," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 79-88.

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    More about this item

    Keywords

    Corporate governance; Financial institution; Responsible competitiveness; Strategic planning;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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