Discussing three pillars of corporate governance

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Andrei STĂNCULESCU ; Eugen MITRICĂ (2015)
  • Journal: Theoretical and Applied Economics, volume XXII, issue Special(II), pages 93-96
  • Subject: board of directors, corporate governance, corporation, employees, shareholders.

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.
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