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Efficiency in Corporate Governance – the Sustainability and Accountability Nexus

Author

Listed:
  • Munteanu Ionela

    (The Bucharest University of Economics Studies)

  • Mirea Marioara

    (“Ovidius†University of Constanta)

Abstract

Corporate governance techniques and their efficiency resonate on both the entity's financialindicators and also on non-financial results. Over the past few years, the quality of the managerialdecision is measured by a range of indicators defined in correlation with the nature of the entity'soperations, the economic sector of the activity, acknowledging the regulations in force or takinginto consideration various political reasons. This paper in concerned on assessing the causal relationship between the quality of managerialdecision in Romania and compliance to the global regulations on sustainability and claimingresponsibility. At the same time, debates regarding the act of accountability or the process ofdecision making, as the essence of the integrated corporate system, should be explored in order tobring added value to the economy of an entity.

Suggested Citation

  • Munteanu Ionela & Mirea Marioara, 2017. "Efficiency in Corporate Governance – the Sustainability and Accountability Nexus," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 551-555, June.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:551-555
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    More about this item

    Keywords

    sustainable development; accountability; sustainability regulations;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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