We are pleased to announce the launch of the "Corporate Governance: Building Trust or Compliance Burden?" study, developed by Mazars Romania.

With this report, Mazars Romania has delved into the practices of Romanian listed companies in complying with the recommendations of the Bucharest Stock Exchange' Corporate Governance Code, disclosing corporate governance practices and presenting their evolution, together with the application of the “Comply or Explain” (CoE) principle.

A total of 75 listed companies were analyzed within the reference period of 2017 and 2018 based on available public data.

Contents: 

• The extent of compliance with the recommendations of the BVB Corporate Governance Code, as reported by the listed companies
• “Comply or Explain” Principle and recommendations that are difficult to be implemented
• Interaction between investors and the boards of companies they invest in

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