The Inter-conditioning between Corporate Governance and Financial Performance

Author:Tatiana DANESCU, Maria-Alexandra POPA

JEL:G34, M40, M42

DOI:10.20869/AUDITF/2020/159/021

Keywords:emerging markets; corporate governance conformity; Corporate Governance Code; financial performance; Bucharest Stock Exchange

Abstract:
The current economic context, as well as previous research, highlights the importance of corporate governance over the financial performance expected by companies. Therefore, the study of the current practices in the field of corporate governance, the impact that it has on the results of the companies, but also vice versa - the identification if the financial performance achieved puts its mark on the degree of compliance with the requirements established for good corporate governance - is a representative approach in opening new priorities for the interests of companies. This is the objective of the present research in which, applying quantitative research methods, the authors tested some hypotheses that demonstrate the corporate governance and the financial performance causality of companies on the Romanian capital market.

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