<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The corporate governance pillars have been intensively discussed in the literature and the formation and functioning of the audit committees have a special place in this world. Considering the existing conclusions retained by the literature on the influence of the audit committees on the performance of the companies, we intend to analyse the current status quo of the level of compliance for the listed Romanian companies in this field. Corroborating the recommendations of the corporate governance code provided by the Bucharest Stock Exchange along with the provisions of the norms that regulate statutory audit in Romania, we find a positive evolution of the level of compliance for the Romanian companies with respect to the formation and functioning of the audit committees.</p>
</abstract>

The corporate governance pillars have been intensively discussed in the literature and the formation and functioning of the audit committees have a special place in this world. Considering the existing conclusions retained by the literature on the influence of the audit committees on the performance of the companies, we intend to analyse the current status quo of the level of compliance for the listed Romanian companies in this field. Corroborating the recommendations of the corporate governance code provided by the Bucharest Stock Exchange along with the provisions of the norms that regulate statutory audit in Romania, we find a positive evolution of the level of compliance for the Romanian companies with respect to the formation and functioning of the audit committees.

Compliance with the provisions of the Corporate Governance Code by companies listed on the Romanian capital market with respect to the formation and functioning of audit committees

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

The corporate governance pillars have been intensively discussed in the literature and the formation and functioning of the audit committees have a special...

Compliance with the provisions of the Corporate Governance Code by companies listed on the Romanian capital market with respect to the formation and functioning of audit committees

Published Online: Dec 31, 2021

Page range: 737 - 748

DOI: https://doi.org/10.2478/picbe-2021-0069

Keywords
corporate governance, audit committee, comply or explain, audit, Romanian capital market

© 2021 Marius-Eugen Rogoz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Compliance with the provisions of the Corporate Governance Code by companies listed on the Romanian capital market with respect to the formation and functioning of audit committees

Published Online: Dec 31, 2021

Page range: 737 - 748

DOI: https://doi.org/10.2478/picbe-2021-0069

Keywordscorporate governance, audit committee, comply or explain, audit, Romanian capital market

© 2021 Marius-Eugen Rogoz et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
corporate governance, audit committee, comply or explain, audit, Romanian capital market