| Abstrakt: |
This study examines corporate governance and ESG (Environmental, Social, and Governance) in Romania, focusing on current awareness and implementation while suggesting improvements. Using a qualitative approach, it reviews relevant laws, reports, and regulations. Global economic development varies, and corporate governance provides rules to ensure investor transparency and security. Non-financial reporting is crucial, with companies increasingly evaluated on social and financial metrics, leading to more sustainability reports in line with GRI standards. Romania's corporate governance began in the early 2000s, with governance codes adopted in 2001, updated in 2008, and a new code by the Bucharest Stock Exchange in 2015, supported by the EBRD. The EU Directive 2014/56, integrated into Romanian Law 162/2017, requires accounting professionals on audit committees to enhance transparency, though implementation is ongoing. This study aims to clarify the current state and suggest improvements for corporate governance and ESG in Romania. [ABSTRACT FROM AUTHOR] |
