The Implementation of Corporate Governance into Brand Management Cover Image

The Implementation of Corporate Governance into Brand Management
The Implementation of Corporate Governance into Brand Management

Author(s): Claudia Cristina Ploscaru, Claudiu-Cătălin Munteanu, Dorian Laurențiu Florea
Subject(s): Business Economy / Management, Micro-Economics, Marketing / Advertising
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Brand management; Corporate governance; Brand equity;

Summary/Abstract: Integrating corporate governance into brand management is fundamental for protecting shareholders, considering the increasing importance of brands in firms’ performance and the dissociation between shareholders and managers in most large and medium firms. This paper designs a corporate governance system model on a brand level, which takes into account preventive, simultaneous and retroactive governance. Moreover, we highlight the importance of transition management when changes to brand management come into question. Finally, we propose six corporate governance instruments for brand management: performance indicators, the brand marketing plan, periodic reports, the brand council, brand audit, and transition management.

  • Issue Year: II/2014
  • Issue No: 05
  • Page Range: 527-532
  • Page Count: 6
  • Language: English