Theoretical and Applied Economics
No. 4 / 2014 (593)
Corporate Governance in Eastern Europe: Case of Romania and Russian Federation
Bucharest University of Economic Studies, Romania
Abstract. Corporate governance has been well known in the last two decades for making the attraction of investors its main objective. During communism, corporate governance was absent from economical life and thus quick steps were taken by former communist countries to adopt corporate governance, Romania and the Russian Federation are two countries that realized the strategy. Eventually after the collapse of the communist bloc both countries have moved in different directions based on internal and external factors. Romania has moved toward the European Union Model, while Russia experimented with building a different model by borrowing parts from Western values and at the same time using traditional values. These perspectives are clearly differentiated in Romanian Petrom OMV and Russia’s Gazprom.
Keywords: corporate governance, Romania, Russia, OMV-Petrom, Gazprom.
Contents
- Banking relationship management – A new paradigm?
Vasile DEDU
Dan Costin NIȚESCU
- The analysis of time intervals for establishing types of users
Ion IVAN
Alin ZAMFIROIU
Bogdan VINTILĂ
- VAR analysis on Foreign Direct Investment in Romania
Marinela GEAMĂNU
- Using the regression model for the portfolios analysis
and management
Constantin ANGHELACHE
Mădălina Gabriela ANGHEL
- The role of small and medium enterprises
and poverty in Pakistan: An empirical analysis
Sharafat ALI
Humayun RASHID
Muhammad Aamir KHAN
- Dimensions of the destination’s sensory profile. Case study: Muntenia
Aurelia-Felicia STĂNCIOIU
Mihail-Cristian DIŢOIU
Nicolae TEODORESCU
Lucian-Florin ONIŞOR
- Study on the competitiveness of Small and Mediumsized Enterprises (SMEs) in Vâlcea County
Daniel Sorin MANOLE
Elena NISIPEANU
Răzvan DECUSEARĂ
- Relation between monetary announcement
and Phillips Curve?
An empirical study from Malaysia
Abey P. PHILIP
- Management priorities to increase labor force flexibility
in the Romanian organizations
Ionuţ CĂŞUNEANU
- Behavioral finance: new research trends, socionomics
and investor emotions
Adrian MITROI
Alexandru OPROIU