CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITY
Corporate governance is the system through which companies are directed and controlled but until today academic environment, regulators, corporations couldn’t reach a unanimous definition. Corporate governance provisions suffered changes after several largely covered financial scandals. Entities inc...
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Format: | Article |
Language: | English |
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Romanian Foundation for Business Intelligence
2015-04-01
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Series: | SEA: Practical Application of Science |
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http://seaopenresearch.eu/Journals/articles/SPAS_7_21.pdf
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author | Elena CHIȚIMUȘ |
author_facet | Elena CHIȚIMUȘ |
author_sort | Elena CHIȚIMUȘ |
collection | DOAJ |
description | Corporate governance is the system through which companies are directed and controlled but until today academic environment, regulators, corporations couldn’t reach a unanimous definition. Corporate governance provisions suffered changes after several largely covered financial scandals. Entities incur costs when complying with new regulations but not complying impacts the reputation and investors might think twice before bringing their money into the company. Accountability for business decisions, risk management, control that set the economic path of the company is mandatory for proving that the company is run in a fairly and smart way. This study aims to investigate how corporate governance relates to accountability of all parties involved in the current business of companies as any conflict of interest is detrimental to the company and affects in a negative way its performance. |
first_indexed | 2024-12-13T21:19:52Z |
format | Article |
id | doaj.art-67a79bb7b1064d4dab5b803ecfe1c47c |
institution | Directory Open Access Journal |
issn | 2360-2554 |
language | English |
last_indexed | 2024-12-13T21:19:52Z |
publishDate | 2015-04-01 |
publisher | Romanian Foundation for Business Intelligence |
record_format | Article |
series | SEA: Practical Application of Science |
spelling | doaj.art-67a79bb7b1064d4dab5b803ecfe1c47c2022-12-21T23:31:08ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542015-04-01III7 (1/2015)135140seapas:y:2015:i:7:p:135-140CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITYElena CHIȚIMUȘ0 Doctoral School of Economics and Business Administration, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University Iași Corporate governance is the system through which companies are directed and controlled but until today academic environment, regulators, corporations couldn’t reach a unanimous definition. Corporate governance provisions suffered changes after several largely covered financial scandals. Entities incur costs when complying with new regulations but not complying impacts the reputation and investors might think twice before bringing their money into the company. Accountability for business decisions, risk management, control that set the economic path of the company is mandatory for proving that the company is run in a fairly and smart way. This study aims to investigate how corporate governance relates to accountability of all parties involved in the current business of companies as any conflict of interest is detrimental to the company and affects in a negative way its performance. http://seaopenresearch.eu/Journals/articles/SPAS_7_21.pdf Corporate GovernanceBoard of DirectorsOwnershipControl |
spellingShingle | Elena CHIȚIMUȘ CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITY SEA: Practical Application of Science Corporate Governance Board of Directors Ownership Control |
title | CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITY |
title_full | CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITY |
title_fullStr | CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITY |
title_full_unstemmed | CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITY |
title_short | CORPORATE GOVERNANCE AND STAKEHOLDERS’ ACCOUNTABILITY |
title_sort | corporate governance and stakeholders accountability |
topic | Corporate Governance Board of Directors Ownership Control |
url |
http://seaopenresearch.eu/Journals/articles/SPAS_7_21.pdf
|
work_keys_str_mv | AT elenachitimus corporategovernanceandstakeholdersaccountability |