Journal of Public Administration, Finance and Law Issue 7/2015 89 COMPARATIVE ANALYSIS REGARDING THE PRINCIPLES CONTAINED IN THE CORPORATE GOVERNANCE CODE IN ROMANIA AND OTHER CODES OF EMERGING MARKETS Georgeta VINTILĂ The Bucharest University of Economics Studies Bucharest, Romania vintilageorgeta@yahoo.fr Raluca Georgiana MOSCU The Bucharest University of Economics Studies Bucharest, Romania moscu.raluca@yahoo.com In Romania, the principles of corporate governance apply only to large private or public companies, due to lack of information, transparency, poor training of managers, legislative incoherence. The research has as purpose some international comparisons on common principles existing in Romania’s Corporate Governance Code and in other codes of developed or developing countries (Great Britain, France, Germany, Austria, Italy, Spain, Portugal, Greece, Belgium, Sweden, Denmark, Bulgaria, USA), with additions of principles / recommendations existing only in codes of developed countries. 1. INTRODUCTION The research carried out begins with a brief comparison between the corporate governance codes of some developed or developing countries, to observe whether the principles of corporate governance in Romania are assorted with international principles. The main features analyzed were the administration system used - single or dual, composition and structure (existence of non-executive members, independent members) control systems, general manager’s duality functions (CEO) and Chairman of the Board of Directors, representation of employees, managers, shareholders in the Board. Concurrently it was analyzed the presence and role of committees / advisory boards - nomination, remuneration or audit committee. Comparative analysis was performed for 14 countries (Great Britain, France, Germany, Austria, Italy, Spain, Portugal, Greece, Belgium, Sweden, Denmark, Bulgaria, and USA) that have adopted the Continental / Anglo-Saxon model or the German corporate governance model. 2. REGULATIONS OF GOVERNANCE CODES AND STATISTICAL RESULTS The general framework of corporate governance should promote transparency and efficiency of financial markets, to protect and respect the interests of investors, to ensure equal treatment of all shareholders, including to minority shareholders, to ensure transparency of information relating to the financial statements, profitability, the