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/lp/de-gruyter/research-regarding-sound-corporate-goverance-practices-in-investors-9Ntd8LffLR
- Publisher
- de Gruyter
- Copyright
- © 2022 Ioan Ovidiu Spătăcean et al., published by Sciendo
- eISSN
- 2668-3989
- DOI
- 10.2478/amso-2022-0006
- Publisher site
- See Article on Publisher Site
Abstract
AbstractThe case study highlights the importance of post-listing conduct in line with investor expectations through statistical research on the market impact of high compliance. In this way, it explores whether a proactive approach and the quality of organisational culture can be strategic pillars for companies listed on AeRO market administered by Bucharest Stock Exchange in relation to the capital market. The main finding based on the regression methodology shows that there is a positive and statistically significant relationship between the corporate governance quality score and investor relations, i.e. the liquidity score. The regression coefficient obtained supports the hypothesis that 46% of the investment behaviour manifested in the market, expressed by the value traded, can be explained by the quality of corporate governance and investor interaction supported by issuers.
Journal
Acta Marisiensis Seria Oeconomica – de Gruyter
Published: Jun 1, 2022
Keywords: corporate governnace practices; investors’ relation; governnace score; investment behaviour; M41; M42; G41