publication . Article . 2015

Discussing three pillars of corporate governance

Andrei STĂNCULESCU; Eugen MITRICĂ;
Open Access
  • Published: 01 Jan 2015 Journal: Theoretical and Applied Economics, volume XXII, issue Special(II), pages 93-96
Abstract
This paper is a meaningful attempt to critically analyze the cohesion and relationship between three fundamental pillars of the corporate governance system: the shareholders, the board of directors and the employees. We present the characteristics of each pillar and discuss its relevance in corporate governance. A couple of world-renowned corporate governance models are considered. A synthetic conclusion is drawn based on information presented.
Subjects
free text keywords: board of directors, corporate governance, corporation, employees, shareholders.
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