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Shareholders and executives have shown their intention to make the disclosure of financial and non-financial information more transparent. This evolution of the business environment is also reflected in European Union legislation.
In Romania, corporate governance has emerged on the public agenda with EU membership, but has never had a real impact on the business environment. The creation of dedicated institutions, according to the model of the Member States, with no suitable implementation mechanisms, has led to the non-assimilation of these structures.
For more information, please see the Romanian version of the article, here.
