Implementation of corporate governance mechanisms in tourism

Authors

  • Fuad Jabbarov Senior lecturer of Azerbaijan Tourism and Management University

DOI:

https://doi.org/10.26458/1846

Keywords:

corporate governance, consumer basket, economic condition, currency parity, diversification, rate of bank in interest

Abstract

The article is devoted to forming of effective mechanisms that regulate economic activity of subjects. The economic state affects activity of companies, especially in tourism. The aim of this paper is to show that how implementation of corporate governance mechanisms provides greater transparency in the tourism sector, as well as a higher level of alignment of the domestic regulatory framework with the principles applied in the developed economies in this industry.  Different internal and external factors affecting the steady development and development of companies. Currency parity and increase of bank interest rates and their influence on a tourist stream. Forming of steady mechanisms by means of implementation of elements and principles of corporate management. Possibilities of adaptation and implementation of mechanisms of corporate management.

Author Biography

Fuad Jabbarov, Senior lecturer of Azerbaijan Tourism and Management University

Senior lecturer of Azerbaijan Tourismand Management University

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Published

2018-12-18

How to Cite

Jabbarov, F. (2018). Implementation of corporate governance mechanisms in tourism. Annals of Spiru Haret University. Economic Series, 18(4), 113–122. https://doi.org/10.26458/1846

Issue

Section

DOCTORAL AND POSTDOCTORAL PAPERS