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Equity represents an important element reflecting company's performance and the efforts of the shareholders and management in the economic development of the entity. This paper brings in a novelty element by the structured analysis of the economic performance, as compared to equity accumulation, but also through the point of view of approaching some pragmatic aspects on the accountability and audit of shareholders' equity. In this context, this paper aims at performing a complete radiography of equity holding, including through the study of performance coming from its usage, through the study performed on a sample made out of the companies listed at Bucharest Stock Exchange, a full diagnosis of the performances by placing this theme in the context of some scientific researches in this area, but also in the transdisciplinary and interdisciplinary context. [ABSTRACT FROM AUTHOR]

The purpose of this article is to review the results of research papers conducted in the area of foreign ownership impact on company's performance and to highlight the specifics of this linkage in the environment of transition economies. Several authors have documented greater efficiency of private companies compared to state-owned. According to different studies, an alternative option for transition economies is foreign ownership. Recent studies show that the effect of ownership forms on companies and financial performance is more significant in Eastern European countries compared to developed countries. However, study results are often contradictory, therefore they require additional research. [ABSTRACT FROM AUTHOR]

The main purpose of this study was to explore whether the current corporate governance mechanisms have an impact on the company's performance in Romania. The importance of this study is given by the following reasons. Firstly, the study will contribute to the existing literature concerning corporate governance impact on firm performance of listed firms in Romania. Secondly, the result of this study will help interested parties to evaluate the level of compliance of recommendations made in the Corporate Governance Code. The study was conducted for the companies listed on BSE, in the first category. The financial companies and the credit institutions were excluded from the sample. The final sample included 15 companies. Return on Assets, Return on Equity and Return on Sales were used for measuring the performance of the firm. The corporate governance was measured with three variables: total numbers of board members, the percentage of independent members on the board and CEO duality. The ownership concentration was measured with the fraction of shares held by the largest top three shareholders having over 10% and Herfindal index. Econometric tools like multiple linear regressions were used for analysis. The results of the study suggest that there is a positive significant link between firm performance and proportion of independent members of the board. [ABSTRACT FROM AUTHOR]

The main objective of this paper is to investigate the relation between the foreign ownership and manufacturing firm performance. The study was conducted for the companies listed on Bucharest Stock Exchange, in both segments regulated and non-regulated. The final sample included 261 companies. Return on Assets (ROA), Return on Equity (ROE) and Return on Sales (ROS) were used for measuring the economic and financial performance of the firms. The foreign ownership was measured by the percentage of shares held by foreign investors. Econometric tools like linear regression analysis were used for the analysis. The results of the study suggest that there is a non-significant link between economic and financial performance and the existence of foreign ownership. [ABSTRACT FROM AUTHOR]

The main objective of this paper is to investigate the relation between the foreign ownership and firm performance. The study was conducted for the companies listed on Bucharest Stock Exchange, in the first, second and third categories. The financial companies and the credit institutions were excluded from the sample. The final sample included 63 companies. Return on Assets and Return on Equity are used for measuring the financial and economic performance of the firm. The foreign ownership is measured by the percentage of shares held by foreign investors. Econometric tools like linear regression analysis are used for analysis. The results of the study suggest that there is no significant link between firm performance and the existence of foreign capital. [ABSTRACT FROM AUTHOR]