Corporate Governance Decisions in Accounting Business Field for Increasing Competitiveness. Romania, France and Europe Comparison

Authors

  • Sorin Romulus Berinde Babes-Bolyai University, Cluj-Napoca, Romania

DOI:

https://doi.org/10.5755/j01.ee.29.3.17269

Keywords:

Accounting, Competitiveness, Corporate governance, Financial indicators, Financial Analysis

Abstract

Creating value for shareholders in terms of equity value growth significantly depends on the corporate governance’s ability to make optimal decisions for the company’s competitiveness. The article conducts a comparative study between Romania, France and the average recorded in the European Union regarding competitiveness in companies from the accounting business field for the period 2008–2013. Competitiveness is measured as average for the domestic-owned companies and separately for the foreign-owned companies. Competitiveness assessment is based on assets related elements, processes and performance. The data are collected through the European Statistical System and processed by means of competitiveness analysis methods used in the literature. The findings show that the competitiveness of Romanian and French companies from the accounting business field is above the European Union average. The hypothesis according to which the foreign-owned companies are more competitive than domestic-owned companies is partially confirmed.

DOI: http://dx.doi.org/10.5755/j01.ee.29.3.17269

Author Biography

Sorin Romulus Berinde, Babes-Bolyai University, Cluj-Napoca, Romania

Department of Business, Associate Professor

Additional Files

Published

2018-06-25

Issue

Section

THE ECONOMIC CONDITIONS OF ENTERPRISE FUNCTIONING