@article{vintil2023does,
  title = {Does Corporate Governance Influence the Performance  of Romanian Companies in A Period of Maximum Uncertainty? Empirical Analysis on The Case  of Companies Listed on The Bucharest Stock Exchange},
  author = {Georgeta VINTILĂ and Ioana RADU},
  year = 2023,
  url = {https://ibimapublishing.com/articles/JESR/2023/871797/},
  journal = {Journal of Economics Studies and Research},
  volume = 2023,
  pages = 9,
  doi = 10.5171/2023.871797,
  abstract = {This article aims to highlight the impact that a company's management structure has on the profitability of an enterprise during the period of uncertainty that the emergence of the new COVID-19 virus has created. In order to achieve the objective, a series of panel regressions is carried out, following which an analysis over a period of 3 years (more precisely the years 2019, 2020 and 2021) will be outlined. In Romania, this virus appeared at the beginning of 2020, more precisely on 26.02.2020. The year 2019 was also analyzed, as this is the year in which the virus appeared for the first time in the world. The analysis is based on 41 companies listed on the Romanian stock exchange. The statistical results mainly show the negative and statistically significant relationship between the corporate governance indicator, the percentage of female board members and the financial and economic rates of return, respectively, this result being in line with previous studies. The results obtained are intended to be significant for investors, but also for future researchers, as this paper captures how a company's management is controlled and coordinated during the Covid-19 pandemic, through its ability to adapt to an unstable and uncertain market.
JEL Classification: O16, G34
 
 
 
 
 
 
 },
  keywords = {Corporate Governance, Economic Profitability and Finance Profitability},
  note = Article ID: 871797
}