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A Methodology For Measuring Responsible Corporate Governance In Countries Of Emerging Europe

Author

Listed:
  • Mariana Cristina GANESCU

    (Constantin Brâncoveanu Universitaty of Piteºti, Romania)

  • Andreea Daniela GANGONE

    (Constantin Brâncoveanu Universitaty of Piteºti, Romania)

Abstract

This paper aims to create a methodology to measure responsible corporate governance with the help of an index composed of five sub-indexes, each corresponding to a certain dimension of responsible corporate governance. The research is based on a review of scholarly literature on responsible corporate governance and offers some guidelines for measuring corporate governance in developed and emerging countries. It also aims to determine a responsible corporate governance index based on the following dimensions: shareholders’ rights and equal treatment, relationships with stakeholders, responsibilities of the management team to monitor company objectives, corporate ethical behaviour and transparency, and the implementation of internal and external control systems. The methodology for determining the index of responsible corporate governance enables a ranking of emerging countries in Europe and can be used in any context.

Suggested Citation

  • Mariana Cristina GANESCU & Andreea Daniela GANGONE, 2012. "A Methodology For Measuring Responsible Corporate Governance In Countries Of Emerging Europe," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 12(2(16)), pages 129-139, December.
    • Handle: RePEc:scm:usvaep:v:12:y:2012:i:2(16):p:129-139
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    File URL: http://www.seap.usv.ro/annals/arhiva/USVAEPA_VOL.12,ISSUE_2(16),2012_fulltext.pdf
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    Cited by:

    1. Elżbieta Izabela Szczepankiewicz & Joanna Błażyńska & Beata Zaleska & Farid Ullah & Windham Eugene Loopesko, 2022. "Compliance with Corporate Governance Principles by Energy Companies Compared with All Companies Listed on the Warsaw Stock Exchange," Energies, MDPI, vol. 15(17), pages 1-28, September.
    2. Elzbieta Izabela Szczepankiewicz & Joanna Blazynska & Beata Zaleska, 2021. "Comply or Explain Principle in the Context of Corporate Governance in Companies Listed at the Warsaw Stock Exchange," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 281-310.

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