Some Considerations on The Role of Financial Communication Within Corporate Governance
On the background of a climate dominated by mistrust, suspicion and uncertainty, incontemporary society an increasing emphasis is put on financial communication as the main pillarthat ensures transparency and helps the economic entity to gain credibility among stakeholders. Financial communication h...
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Format: | Article |
Language: | English |
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Ovidius University Press
2017-01-01
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Series: | Ovidius University Annals: Economic Sciences Series |
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Online Access: | http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/1.pdf |
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author | Avram Costin Daniel |
author_facet | Avram Costin Daniel |
author_sort | Avram Costin Daniel |
collection | DOAJ |
description | On the background of a climate dominated by mistrust, suspicion and uncertainty, incontemporary society an increasing emphasis is put on financial communication as the main pillarthat ensures transparency and helps the economic entity to gain credibility among stakeholders.
Financial communication has become a strategic concern, managed at top management level.
The management of any entity is characterized by at least three fundamental processes: thinking,decision making and communication. Without proper thinking, no decision could be made. Withoutmaking decisions, we cannot talk about management. Without communicating the decisions made,we cannot put them in practice.
Communication is a natural process, but within the corporate governance, it occupies asignificant share on the behalf of both issuers and receivers on one hand, with great care to ensurea continuous feed-back on the other hand. |
first_indexed | 2024-12-22T10:00:49Z |
format | Article |
id | doaj.art-edbe9a71974f43b994580b18596faac8 |
institution | Directory Open Access Journal |
issn | 2393-3127 2393-3127 |
language | English |
last_indexed | 2024-12-22T10:00:49Z |
publishDate | 2017-01-01 |
publisher | Ovidius University Press |
record_format | Article |
series | Ovidius University Annals: Economic Sciences Series |
spelling | doaj.art-edbe9a71974f43b994580b18596faac82022-12-21T18:30:09ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272017-01-01XVII1398402Some Considerations on The Role of Financial Communication Within Corporate GovernanceAvram Costin Daniel0University of CraiovaOn the background of a climate dominated by mistrust, suspicion and uncertainty, incontemporary society an increasing emphasis is put on financial communication as the main pillarthat ensures transparency and helps the economic entity to gain credibility among stakeholders. Financial communication has become a strategic concern, managed at top management level. The management of any entity is characterized by at least three fundamental processes: thinking,decision making and communication. Without proper thinking, no decision could be made. Withoutmaking decisions, we cannot talk about management. Without communicating the decisions made,we cannot put them in practice. Communication is a natural process, but within the corporate governance, it occupies asignificant share on the behalf of both issuers and receivers on one hand, with great care to ensurea continuous feed-back on the other hand.http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/1.pdffinancial communicationinvestorscorporate governanceeconomic entitystakeholders |
spellingShingle | Avram Costin Daniel Some Considerations on The Role of Financial Communication Within Corporate Governance Ovidius University Annals: Economic Sciences Series financial communication investors corporate governance economic entity stakeholders |
title | Some Considerations on The Role of Financial Communication Within Corporate Governance |
title_full | Some Considerations on The Role of Financial Communication Within Corporate Governance |
title_fullStr | Some Considerations on The Role of Financial Communication Within Corporate Governance |
title_full_unstemmed | Some Considerations on The Role of Financial Communication Within Corporate Governance |
title_short | Some Considerations on The Role of Financial Communication Within Corporate Governance |
title_sort | some considerations on the role of financial communication within corporate governance |
topic | financial communication investors corporate governance economic entity stakeholders |
url | http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/1.pdf |
work_keys_str_mv | AT avramcostindaniel someconsiderationsontheroleoffinancialcommunicationwithincorporategovernance |