Theoretical Approach between the Soft and Hard Law in the Context of Corporate Governance

Author:Nicolae MAGDAS, Melinda Timea FULOP

JEL:M40, M42

DOI:10.20869/AUDITF/2019/153/006

Keywords:corporate governance, law, capital market, financial crisis

Abstract:
The proposed study analyzes developments and perspectives of soft and hard law in the context of corporate governance. Thus, at the level of the specialized literature, a series of studies were conducted on the role of effective corporate governance as well as on the evolution and prospects of soft and hard law on information transparency. For the purpose of the analysis, the authors conducted a qualitative study on the evolution and prospect of soft and hard law in the context of corporate governance. The results show that corporate governance has evolved more and more in the post-economic crisis and a greater emphasis is placed on the transparency of the information provided in conjunction with the revival legislation.

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