NATIONAL EXPERIENCES REGARDING CORPORATE GOVERNANCE - "PROPER PRACTICE" CODES

This paper is about the principles of proper governance codes, which even tough have blossomed in all parts of the world for more than a decade, the degree in which companies adopt the codes vary in different countries, and the decision to adopt a certain code does not automatically guarranty efficient corporate governance. The paper trys to identify the mechanisms needed for implementing the codes and that will lead to higher efficiency.corporate governance, proper practice codes, efficient management

THE ACCOUNTING PROCESS FOR ACCESSING EUROPEAN FUNDS

The beneficiaries of structural funds are various entities that can be classified on different criteria, and keeping the accounts for these entities can raise certain problems. Keeping accounts in Romania is organized in a double circuit. Information given to third parties, also used by the economic entity is supplied by financial accounting, and the confidential information, used only by the economic entity is supplied by management accounting. In accounting, reflecting the accession and the use of European funds by the economic entity, taking into consideration the classification of various entities, is done distinctly.structural funds, funds accounting, beneficiary entities

THE CORPORATE GOVERNANCE OF PUBLIC ENTITIES IN ROMANIA

The paper aims to examine the application of principles of corporate governance fortransparency and efficiency of decision and control at the level of local public entities. We intend toargue the importance of these principles of governance in the public entities to determineresponsibility and management decision-making bodies in achieving the objectives in terms ofreliability of financial reporting, effectiveness and efficiency of operations, compliance withapplicable legislation.corporate governance, public efficiency, public governance.

APPLYNG THE PRINCIPLES OF CORPORATE GOVERNANCE IN CENTRAL AND EASTERN EUROPEAN COUNTRIES, THE NATIONAL CHARACTERISTICS AND PARTICULARITIES OF CORPORATE GOVERNING IN THE ROMANIAN ECONOMY

With direct support of the OECD and the World Bank the East-Central European stateshave been encouraged to adopt and implement codes of conduct and corporate governance principlesto minimize risk, boost performance, improve business access on stock markets, strengthening themarket position of firms, professional management, demonstrating transparency and socialresponsibility.corporate governance, governance principles, stakeholders, Romanian companies

Citizens’ involvement in public decisions: between normative framework and actual findings (I – Theoretical overview)

Public institutions should be driven both by efectiveness and financial targets, and by ethical rules principles governing their activities. In a democratic state, all public institutions and all public decisions should function based on mechanisms applying the principles of participation, accountability, transparency, rule of law, subsidiarity and equality of opportunity and treatment. This paper focuses on emphasizing main contributions in the theory of participatory democracy in local governance institutions, but also some practical considerations, including results and restrictions concerning how they are actually implemented in the Romanian public institutions

Citizens’ involvement in public decisions: between normative framework and actual findings (I – Theoretical overview)

Public institutions should be driven both by efectiveness and financial targets, and by ethical rules principles governing their activities. In a democratic state, all public institutions and all public decisions should function based on mechanisms applying the principles of participation, accountability, transparency, rule of law, subsidiarity and equality of opportunity and treatment. This paper focuses on emphasizing main contributions in the theory of participatory democracy in local governance institutions, but also some practical considerations, including results and restrictions concerning how they are actually implemented in the Romanian public institutions

CITIZENS INVOLVEMENT IN PUBLIC DECISIONS: BETWEEN NORMATIVE FRAMEWORK AND ACTUAL FINDINGS (II - RESEARCH RESULTS)

Local communities’ needs must be addressed by an effective, loyal and transparent action of local institutions in the direction of ensuring participation of the citizens in undertaking decisions concerning that particular community. It is therefore necessary a good communication with the citizens of the local public institutions, and a proper and adequate information of citizens. After presenting in our previous research the main theoretical contributions in the theory of participatory democracy in local governance institutions, but also some practical considerations, including results and restrictions concerning how they are actually implemented in the Romanian public institutions, this paper focuses on presenting and analysing the results of our own researches. We present the results of the research carried out during 2014 on investigationg relevant concerning the public governance in local administration, and particularly in this paper how local administration facilitates the involvement of citizens in decision-making process and their participation in debating the main community issues

NATIONAL EXPERIENCES REGARDING CORPORATE GOVERNANCE PROPER PRACTICE CODES

This paper is about the principles of proper governance codes, which even tough have blossomed in all parts of the world for more than a decade, the degree in which companies adopt the codes vary in different countries, and the decision to adopt a certain code does not automatically guarranty efficient corporate governance. The paper trys to identify the mechanisms needed for implementing the codes and that will lead to higher efficiency

THE ACCOUNTING PROCESS FOR ACCESSING EUROPEAN FUNDS

The beneficiaries of structural funds are various entities that can be classified on different criteria, and keeping the accounts for these entities can raise certain problems. Keeping accounts in Romania is organized in a double circuit. Information given to third parties, also used by the economic entity is supplied by financial accounting, and the confidential information, used only by the economic entity is supplied by management accounting. In accounting, reflecting the accession and the use of European funds by the economic entity, taking into consideration the classification of various entities, is done distinctly