EIRP Proceedings, Vol 11 (2016)

Corporate Governance - Enterprise Performance Assessment Tool

Nicoleta Constandache, Carmen-Mihaela Crețu, Gheorghe Chiru


Within an enterprise, whether public or private, there are interests between managers and partners: shareholders, creditors, employees, suppliers, customers etc. It is imperative that these interests be harmonized because the company's performance is significantly influenced by the form of corporate governance. Performance and sustainable growth in the long term are essential attributes of corporate governance, which depend on concern of companies on social responsibility towards the environment, satisfaction of shareholders, customer satisfaction, ensuring good working conditions for employees, concerns which must be incorporated into processes of decision making.

In this study, the purpose of research is to analyze corporate governance issues and objectives involved to provide an overview of the positive effects generated by the implementation of its principles.


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