COORDINATES OF CORPORATE GOVERNANCE IN THE CONTEXT OF GLOBALIZATION

Abstract

The concept of corporate governance has emerged in the last century, but its significance and objectives are part of the recent phenomenon in most countries. The concept continues to be constantly adapting to the requirements of a modern economy under significant impact of globalization as a phenomenon overall. The subject of corporate governance is more relevant than ever at European and world level because multiple international organizations show intense concern in the field and focus their efforts towards globalization governance rules.

Keywords

• Corporate governance
• globalization
• interested parties
• stakeholders
• shareholders
• participative management.