Practice of good governance and corporate governance

Cristina BĂLĂCEANU, Doina TILEA, Andreea Monica PREDONU


Corporate governance reforms are implemented around the world and may impact upon the population worldwide. In developing countries, such reforms are implemented in a broader context that is primarily defined by previous attempts of promoting “development” and recent processes of economic globalization. In this context, corporate governance reforms (in combination with the liberalization reforms associated with the economic globalization), in effect, represent a new development strategy for third world countries. The basic questions arising with respect to this situation are: what are the prospects for this new development model and whether alternatives should be considered.


G34, M12, M14

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