文章基本信息

标题：The Role of Corporate Governance in Transition Countries
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作者：Fran Brahimi ; Rezart Dibra ; Geraldina Prodani 等
期刊名称：European Journal of Business and Management
印刷版ISSN：2222-2839
电子版ISSN：2222-2839
出版年度：2013
卷号：5
期号：20
页码：166-176
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：Corporate governance has come to the forefront of academic research due to the vital role it plays in the overall health of economic systems. The wave of U.S. corporate fraud in the 1990s was attributed to deficiencies in corporate governance. The recent 2008-2009 global financial crisis, triggered by the unprecedented failure of Lehman Brothers and the subprime mortgage problems, renewed interest in the role corporate governance plays in the financial sector. The development of a strong corporate governance framework is important to protect stakeholders, maintain investor confidence in the transition countries and attract foreign direct investment. This paper looks at the role of corporate governance in European transition countries in their transformation to a market economy. The paper compares the different levels of corporate governance established among the transition countries. Keywords – corporate governance, transition countries, emerging economies, legal heritage and transitional reforms, market transition.
关键词：– corporate governance; transition countries; emerging economies; legal heritage and transitional reforms; market transition.