CORPORATE GOVERNANCE AND CREATIVE ACCOUNTING: TWO
 CONCEPTS STRONGLY CONNECTED? SOME INTERSTING INSIGHTS
 HIGHLIGHTED BY CONSTRUCTING THE INTERNAL HISTORY OF A
                      LITERATURE

                 Alina Beattrice Vladu, „Babeş-Bolyai” University of Cluj-Napoca
                    Dumitru Matiş, „Babeş-Bolyai” University of Cluj-Napoca


ABSTRACT: Corporate governance is concerned with the relationships between a business’s
management and its board of directors, shareholders and lenders and its other stakeholders such as
employees, customers, suppliers, and the community in which activates. The connection between
this topic and creative accounting was debated in the literature since the latter occurrence is
related to the weakness of the first. Our study offers interesting insights into this strong connection
by examining the relevant ideas developed previously in the literature with the scope of
understanding, reinterpreting and rediscovering from interesting points of view this association in
our search for responsibility in the economic environment. By conducting this study we wanted to
reinforce the role of literature analyst as an interpreter who contributes meaning to the present
state of the art.

Key words: corporate governance, creative accounting, Papineau`s hierarchy

JEL codes: M41