Corporate governance and bank performance in Romanian banking system
Authors
Dan Lupu
Alexandru Ioan Cuza University of Iaşi
Andra Nichitean
Alexandru Ioan Cuza University of Iaşi
Abstract
The article aims to provide an analysis of Romanian bank performance in the context of corporate governance. In order to complete the research the authors used financial indicators such as ROA, ROE and others for 2003-2009 period and each financial institute’s status regarding good governance practices. The study consists in establishing an econometric correlation between the appliance of sound corporate governance principles and economic performance. We consider the comparative analysis of Romanian banking system performance a secondary result of the research.
