<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The role of corporate governance in achieving the financial performance in a sustainable development context is recognized. A fundamental premise in defining and applying good corporate governance is the area of the elements that describe the structure of the capital, elements that influence the guidelines and policies of the Board of Directors regarding the obtaining of the financial performance. On the equation “share capital - financial performance” we find the imprint of the compliance rate of the management statements with the requirements of the Corporate Governance Code applicable on the capital market on which the entity trades its shares. In this context, considering the compliance of the management statements published in the set of annual reports with the Corporate Governance Code, our researches investigate the relationship between the capital structure and the financial performance of the banks listed on the Bucharest Stock Exchange.</p></abstract>

The role of corporate governance in achieving the financial performance in a sustainable development context is recognized. A fundamental premise in defining and applying good corporate governance is the area of the elements that describe the structure of the capital, elements that influence the guidelines and policies of the Board of Directors regarding the obtaining of the financial performance. On the equation “share capital - financial performance” we find the imprint of the compliance rate of the management statements with the requirements of the Corporate Governance Code applicable on the capital market on which the entity trades its shares. In this context, considering the compliance of the management statements published in the set of annual reports with the Corporate Governance Code, our researches investigate the relationship between the capital structure and the financial performance of the banks listed on the Bucharest Stock Exchange.

Investigations Regarding the Influence of Corporate Governance on Financial Performance. Empirical Study on Banks Listed on the Romanian Capital Market

„George Emil Palade” University of Medicine, Pharmacy, Science and Technology of Târgu-Mureș

„1 Decembrie 1918” University of Alba Iulia

Acta Marisiensis. Seria Oeconomica

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The role of corporate governance in achieving the financial performance in a sustainable development context is recognized. A fundamental premise in defining...

Investigations Regarding the Influence of Corporate Governance on Financial Performance. Empirical Study on Banks Listed on the Romanian Capital Market

Pubblicato online: 07 feb 2020

Pagine: 35 - 42

DOI: https://doi.org/10.2478/amso-2019-0004

Parole chiave
bank performance, corporate governance, corporate governance disclosure, panel data analysis, Bucharest Stock Exchange

© 2019 Tatiana Dănescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Investigations Regarding the Influence of Corporate Governance on Financial Performance. Empirical Study on Banks Listed on the Romanian Capital Market

Pubblicato online: 07 feb 2020

Pagine: 35 - 42

DOI: https://doi.org/10.2478/amso-2019-0004

Parole chiavebank performance, corporate governance, corporate governance disclosure, panel data analysis, Bucharest Stock Exchange

© 2019 Tatiana Dănescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Parole chiave
bank performance, corporate governance, corporate governance disclosure, panel data analysis, Bucharest Stock Exchange