ПРИНЦИПИТЕ НА КОРПОРАТИВНОТО УПРАВЛЕНИЕ И УСТОЙЧИВОСТТА НА БАНКОВАТА СИСТЕМА В ГЛОБАЛНОТО ФИНАНСОВО ПРОСТРАНСТВО
PRINCIPLES TO THE CORPORATE GOVERNANCE AND STRENGTHENING BANK SYSTEM IN GLOBALISED FINANCIAL AREA

Summary/Abstract: Corporate governance is a process, consistent with the principles and practices of a free market and a democratic society. The reform, related to the banking sector enforces the financial discipline by strengthening the links among government, banks and corporation restricting banks to bring financial managerial and financial capabilities to the real sector. Banks are firm. They have shareholders, debt holders, board of director, competitors. They are more opaque than non-financial firms and frequently very heavy regulated. Because of the importance of banks in the economy, because of the opacity of bank assets and activities and because banks are ready source of fiscal revenue government impose an elaborate array of regulation of banks.

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