APPLYNG THE PRINCIPLES OF CORPORATE GOVERNANCE IN
     CENTRAL AND EASTERN EUROPEAN COUNTRIES, THE
   NATIONAL CHARACTERISTICS AND PARTICULARITIES OF
    CORPORATE GOVERNING IN THE ROMANIAN ECONOMY

              Zapodeanu Daniela, University of Oradea, Faculty of Economics
                         Kolozsi Lucia, The Chamber of Auditors, Bihor
                      Durgheu Liliana, The Chamber of Auditors, Bihor


ABSTRACT: With direct support of the OECD and the World Bank the East-Central European states
have been encouraged to adopt and implement codes of conduct and corporate governance principles
to minimize risk, boost performance, improve business access on stock markets, strengthening the
market position of firms, professional management, demonstrating transparency and social
responsibility.

Key words: corporate governance, governance principles, stakeholders, Romanian companies

JEL codes: G38