INVESTIGATIONS REGARDING THE INFLUENCE OF CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE. EMPIRICAL STUDY ON BANKS LISTED ON THE ROMANIAN CAPITAL MARKET Cover Image

INVESTIGAȚII PRIVIND INFLUENȚA GUVERNANȚEI CORPORATIVE ASUPRA PERFORMANȚEI FINANCIARE. STUDIU EMPIRIC ASUPRA BĂNCILOR COTATE PE PIAȚA ROMÂNEASCĂ DE CAPITAL
INVESTIGATIONS REGARDING THE INFLUENCE OF CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE. EMPIRICAL STUDY ON BANKS LISTED ON THE ROMANIAN CAPITAL MARKET

Author(s): Tatiana Dănescu, Maria-Alexandra Popa
Subject(s): Supranational / Global Economy, Business Economy / Management, Economic development
Published by: Editura University Press Targu Mures
Keywords: bank performance; corporate governance; corporate governance disclosure; panel data analysis; Bucharest Stock Exchange;

Summary/Abstract: The role of corporate governance in achieving the financial performance in a sustainable development context is recognized. A fundamental premise in defining and applying good corporate governance is the area of the elements that describe the structure of the capital, elements that influence the guidelines and policies of the Board of Directors regarding the obtaining of the financial performance. On the equation "share capital - financial performance" we find the imprint of the compliance rate of the management statements with the requirements of the Corporate Governance Code applicable on the capital market on which the entity trades its shares. In this context, taking into account the compliance of the management statements published in the set of annual reports with the Corporate Governance Code, our researches investigate the relationship between the capital structure and the financial performance of the banks listed on the Bucharest Stock Exchange.

  • Issue Year: 13/2019
  • Issue No: 13
  • Page Range: 69-84
  • Page Count: 16
  • Language: English, Romanian