The Corporate Governance Impact on Banking Performance Increase Cover Image

The Corporate Governance Impact on Banking Performance Increase
The Corporate Governance Impact on Banking Performance Increase

Author(s): Mariana G. Bunea
Subject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Corporate Governance; Banking system; Supervisory authorities; Risk management; Audit; Shareholder structure

Summary/Abstract: The gradual collapse of financial markets in the European Union since the fall of 2008 and the economic crisis in the area of the credit sportfolio level that followed, were generated by several factors, often interdependent, both on a macroeconomic and microeconomic level, and finally leading to the accumulation of excessive risk in the financial system. This excessive risk has been partially caused by the deficiencies in Corporate Governance of the Financial Institutions and especially by banks deficiencies. Even if we can’t put down when the Corporate Governance crisis has started, non-existent or inadequacy of effective control mechanisms determined the excessive risk-taking by most credit institutions. This article aims to evaluate the application of Corporate Governance Principles of the significant players within the Romanian banking system. The research methodology was essentially based on using the questionnaire technique, on published Corporate Governance’s documents, on analysed banks’ websites and on and on the scoring methods utilized) in evaluating the application of Corporate Governance principles.

  • Issue Year: XV/2013
  • Issue No: 02 (28)
  • Page Range: 11-21
  • Page Count: 11
  • Language: English