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Corporate Governance Initiative for Economic Democracy in Romania

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Summary

Starting from the principle of observing and strengthening private property rights, this Code provides a set of rules and standards to guide the management of a company with respect to its strategic planning and decision making, in order to promote the interests of shareholders and associates, creditors, customers, employers and employees. This Code is not concerned with the general rules which define business ethics, either with respect to the relationship between companies or with respect to the ethical obligations of the employees of a company.

Issuer

Romania

Year

2000

Region

Europe

Issuer (type)

University of Bucharest (Research)

Instrument type

Initiative

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Voluntary

Text analysis

    • Low 0.52%
    • Moderate 0.10%
    • E focus: environment
    • S focus: employment policies
    • G focus: business ethics, financial report, internal control, audit
    • Finance, Management, Professional services, Real estate