OPTIMAL MANAGEMENT IN THE CONTEXT OF CORPORATE GOVERNANCE

The main objective of the paper is to discuss the importance of dynamic optimization models for an effective management of an enterprise. In introduction, there are presented some general ideas about Corporate Governance and its implementation in Romania. In the next section, there are exposed several definitions for Corporate Governance and the principles which must be followed for implementing it. In Section 3 is presented a dynamic model of enterprise management – The Lesourne-Leban model. In the last section we applied the model described above on a corporation in Romania, in order to maximize its market value and we built a dashboard to reflect the results we obtained. The paper ends with some conclusions and with the list of references.