CORPORATE GOUVERNANCE IN CENTRAL AND EASTERN EUROPE.

The last few decades have showed that corporate governance can change the life of companies and even of global economies. As competition increases in all fields of economic life, the better approach to business can make a significant change. Therefore, in the last few decades we have been faced with new types of corporate governance models, more and more adapted to the economic environment where they were to be applied. The purpose of our paper is to identify the main corporate governance models that are applied in the geographical area of the Central and Eastern Europe, as well as to establish which are the differences between them and how the quality of such models influences the evolution of the national economies. Even though we are aware that classifying and including the corporate governance model of a country into a certain category cannot be extremely accurate, we believe that such a classification offers the background for researches concerning the inter-countries interactions. [ABSTRACT FROM AUTHOR]