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Corporate Governance

Chairman:
Name: Anda Todor
Company: Salans

Coordinator:
Name: Camelia Stanciu
Phone: 021 312 48 34/031 226 24 26
Email: cstanciu@amcham.ro

The Corporate Governance Committee purpose is to increase the awareness of good corporate governance within the business community by promoting and providing access to best corporate governance practices in order to improve the businesses’ competitiveness, integrity and transparency.

The most important Committee’s outcome is the AmCham Code of Corporate Governance.
The Code is providing guidance to Romanian joint-stock companies in their day-to-day management, as well as in the relationship between various corporate bodies, shareholders and other stakeholders, and establishing best practices of supervision and accountability. Its aim is to cover principles in the Romanian legislation regarding companies, as well as to introduce new recommendations where the law is silent and, thus, source of doubts.

The Code acts as a recommended set of best practices proposed to private entities and will therefore be observed on a voluntary basis by the companies.

Committee membership is comprised mainly of Romanian and foreign consultancy and law firms.

Meetings of the Corporate Governance Committee or its Subgroups are announced to registered members in advance, are posted on the AmCham webpage under the Committees’ Meetings Calendar and included in the AmCham Weekly Update.
For details, please contact the Committee Coordinator.

Next meeting: 02/21/2012