VALUE CREATION THROUGH CORPORATE GOVERNANCE
Journal Title: CES Working Papers - Year 2013, Vol 5, Issue 4
Abstract
Companies spend time and money in order to improve their corporate governance (CG) system and also do not forget to inform third parties about their efforts in this field. CG studies the separation of power at an entity level and the segregation of responsibilities between shareholders, management, and board of directors. As a mechanism CG helps to align management’s goals with those of the stakeholders in order to avoid conflict and to sustain and develop a healthy company. The objective of this article is to show how corporate governance is defined, what does it stands for and why it is important or maybe better said why companies give it so much importance.
Authors and Affiliations
Elena Chitimus
Keywords
Related Articles
- EP ID EP104680
- DOI -
- Views 106
- Downloads 0
FREE TRADE AND THE ROOTS OF MODERN IMPERIALISM
In his work, „Nation, State, and Economy” (1919), Ludwig von Mises claims that the idea of liberalism starts with the freedom of the individual and it rejects all rules of some persons over others. This paper aims to ill...
THE AUSTRIAN SCHOOL OF ECONOMICS AND MARKET INSTABILITY
Market equilibrium is an illusion. The economic reality shows us that the main characteristic of the markets is the state of instability. The complexity of the phenomenon and the strong implications engendered by the eco...
Controversial Face of Europe in the Official Discourse of Georgia After Independence
Since the dissolution of the Soviet Union independent country of Georgia was faced ultimate challenges both in internal as well as foreign political spheres. Leader of the national movement and the first president of the...
O.S.C.E. 1975-2015. 40 YEARS OF PEACEFUL CONFLICT RESOLUTION
The European Union, in light of developments in the field of crisis-management concepts, is still in the phase of institutional building and foundation of its own concepts and doctrines. This does not mean that the...
COMMON FISCAL POLICY
The purpose of this article is to demonstrate that a common fiscal policy, designed to support the euro currency, has some significant drawbacks. The greatest danger is the possibility of leveling the tax burden in all c...