CORPORATE GOVERNANCE REGULATION IN EMERGING COUNTRIES. CASE OF ROMANIA
Most of the literature on corporate governance emphasizes that firms should be run in the interests of shareholders. This is a suitable objective function when markets are perfect and complete. In many emerging economies this is not the case: markets are imperfect and incomplete. Corporate governanc...
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Format: | Article |
Language: | English |
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Universitaria Press Craiova
2010-01-01
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Series: | Management & Marketing |
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Online Access: | http://www.mnmk.ro/documents/2010ed2/22_Bocean%20FFF.pdf |