CORPORATE GOVERNANCE IN NEW NORMALITY: FINDINGS AND RECOMMENDATIONS BY INTERNATIONAL ORGANIZATIONS

CORPORATE GOVERNANCE IN NEW NORMALITY: FINDINGS AND RECOMMENDATIONS BY INTERNATIONAL ORGANIZATIONS

MIROSLAV NEDELCHEV

Abstract

In analyzing effects of global crisis the international organizations identifying a series of shortcomings and outline best practices in corporate governance. The aim of the study is to identify the participants and instruments in corporate governance in the so-called new normality. The results show that it is gear more closely to the interests of stakeholders, rather than those of shareholders. It was also found that internationally there is a trend towards convergence of practices in corporate governance and in utmost to increase the liability of shareholders and increase the accountability of managers.

Key words

corporate governance, international organizations, good practices.

JEL Codes: G34, O19

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