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Compliance or Not with the New Corporate Governance Code. A Survey at Bucharest Stock Exchange

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  • Oana Raluca Ivan

Abstract

The study had as objectives, first, the analysis of the degree of compliance with the Corporate Governance Code by the Romanian companies listed on the Bucharest Stock Exchange, from a specific field, but also the identification of potential benefits resulting from the adoption of Corporate Governance Code. According to the survey, none of the companies in the sample complies 100% with the provisions of the new Corporate Governance Code, so measures are required regarding compliance, increased transparency and dissemination of information, and increased reaction speed of companies with changes in regulations.

Suggested Citation

  • Oana Raluca Ivan, 2019. "Compliance or Not with the New Corporate Governance Code. A Survey at Bucharest Stock Exchange," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(4), pages 186-195, December.
    • Handle: RePEc:khe:scajes:v:5:y:2019:i:4:p:186-195
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    References listed on IDEAS

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    1. Adrian Grosanu & Cristina Bota-Avram & Paula Ramona Rachisan & Roumen Vesselinov, 2015. "The Influence of Country-Level Governance on Business Environment and Entrepreneurship: a Global Perspective," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 1-60, February.
    2. Stephen A. Zeff, 2013. "The objectives of financial reporting: a historical survey and analysis," Accounting and Business Research, Taylor & Francis Journals, vol. 43(4), pages 262-327, August.
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    Cited by:

    1. Cristian- Mihai ENACHI & Mihaela-Claudia ENACHI, 2020. "Regional Policy And Economic Growth - A Challenge For Sustainable Development Of Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(22), pages 90-95.
    2. Cristina TIMOFTE (COCA) & Simona-Maria TANASA (BRINZARU) & Dan-Andrei COCA, 2020. "A Bibliometric Analysis Of Creative Accounting Research," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(22), pages 96-102.
    3. Luminiţa-Claudia CORBU, 2020. "Migration, Free Movement Of Persons And Economy. Impact Study On The Effects Of Migration On The Educational Environment In Suceava Country," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(22), pages 84-89.

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    More about this item

    Keywords

    BSE; Compliance; Corporate Governance Code; survey; Statement of compliance;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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