Evaluation of Corporate Governance Influence on Performance of roumanian Companies

Ph. D Professor Georgeta VINTILǍ
Ph.D.Student Floriniţa DUCA
The Bucharest University of Economic Studies, Romania

Abstract

The main purpose of this study is to examine the impact of the corporate governance mechanism on financial performance of the company. Previous research, largely conducted using international data, has suggested that better governed firms outperform poorer governed firms in a number of key areas. In this paper the authors studied the correlation between corporate governance, measured as an index of corporate governance and corporate performance on a representative sample on Bucharest Stock Exchange listed companies in Romania. Empirical study results are partially consistent with those of previous studies in the literature.

JEL: C10, G10, G30, G34.

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Sumar RRSS 1/2015