CORPORATE GOVERNANCE
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Authors:
• Dan Alexandru SITARU, email: sitaru.alexandru@yahoo.com, Afiliation: Assistant professor, Ph.D. candidate, Law Faculty, „Nicolae Titulescu” University, Bucharest -
Keywords: corporate governance, corporate governance principles, governance forms, manager, stakeholders, guvernare corporativă, principiile guvernării corporative, formele guvernării, manager, stakeholders
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Abstract:
The work is aimed to examine the issues “corporate governance” involves, with the goal set to clarify the meanings of such notion, and to provide an overall image of the positive effects arising implementing the corporate governance principles. The first section includes a series of definitions for the purpose of explaining and outlining the concept of “corporate governance”, subsequently giving a definition that appears adequate to us, from the legal standpoint pre eminently. The second section has for purpose to state the corporate governance Principles, and briefly examine the same. Its purpose also includes concretely illustrating the efficient operation methods for a “corporation”, as well as the main dilemmas, and the existing solutions for the same within the internal structure of a joint stock company to adopt, and subject itself to, such principles. Finally, the last section of the work underlines the corporate governance importance, and states the goals to be attained for purposes of securing effective, balanced, and not in the last place profitable management.