CEU eTD Collection (2015); Farcas, Mihai Andrei: Comparative Analisys of the Corporate Governance Rules (Germany-Romania)

CEU Electronic Theses and Dissertations, 2015
Author Farcas, Mihai Andrei
Title Comparative Analisys of the Corporate Governance Rules (Germany-Romania)
Summary This paper focuses on the Corporate Governance Rules in two European Member States, Germany and Romania. The paper only addresses the listed stock exchange companies that should abide the Corporate Governance Codes that exist in both countries and focuses on the articles of the Codes.
Germany as an OECD member state, has a Corporate Governance Code, whereas Romania is not yet a member and has no Corporate Governance Code issued by the legislator. The hypothesis of this paper is the fact that the two codes are similar, and by this I mean that Romania derived part of its code from the German one. The only Corporate Governance Rules that must be followed in Romania are the ones contained in the Bucharest Stock Exchange Corporate Governance Code, for the Romanian listed companies.
The comparative analysis of the two Corporate Governance Codes reveals similarities and differences that will be discussed in this paper.
To respond to the international market and attract foreign investors, both systems must accept and apply the corporate governance rules that exist, taking into consideration the OECD principles.
Supervisor Stefan Messmann
Department Legal Studies LLM
Full texthttps://www.etd.ceu.edu/2015/farcas_mihai-andrei.pdf

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