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For a long time, corporate governance has been presented as a universal solution for all problems. Economic and financial disasters have been a cold shower for the global society, showing that the mere statement of leadership based on corporate governance principles does not award objectivity and professionalism to activities by itself. Much has been said and little has been implemented along the times, so that the global society has had to accept that a correlation is needed between what is declared and what is i...

Administrative authorities and autonomous administrative authorities are public institutions included in the administrative system of the state. Each of these two types of authorities aim at enforcing laws and ensuring the proper development of the social environment. Administrative and autonomous administrative authorities have a joint purpose; however, they are different through various elements that reflect their very essence. From a time-related perspective, autonomous administrative authorities are legal enti...