EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 9, Number 1, Year 2021

THEORETICAL PERSPECTIVES OF CORPORATE GOVERNANCE
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Author(s): Cristina Gabriela Cosmulese
DOI: 104316/EJAFB.2021.912
Abstract: Corporate governance is primarily concerned with the way in which investors "hire" managers in order to provide them with a return on investment. This problem is affected by the theory of the agency trying to flatten and moderate the consortium of managers towards efficient management activities that ensure performance as investments. This paper focuses mainly on the analysis of the concept of corporate governance in terms of existing theoretical and practical approaches, and captures the evolution of the notion as well as the principles and theories that complete the complexity of the phenomenon.
Keywords: Corporate Governance, Stakeholders, Performance, Theories
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