Promoting the corporate governance in a performing management

Author:University Professor, PhD. Ana MORARIU, PhD. student Flavia STOIAN

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Keywords:responsibility, transparency, deadlines, integrity, control environment, monitoring, risks

Abstract:
A good corporate governance …„helps to ensure a degree of trust necessary for the appropriate functioning of a market economy” (OECD; Principles of Corporate Governance, 2004), because the cost of capital is more reduced, resources are effectively used and development is encouraged.\r\n\r\nBoth the public and private entities have the same needs of Corporate Governance because they have common purposes: they are concerned by efficiency and profitability; by creating jobs and wealth, by remaining competitive on internal and external markets. These are the reasons why information presentation is the most powerful instrument for management monitoring and influencing the corporate behavior.\r\n

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