newsweek.ro/economie/alexandru-petrescu-asf-name-a

Alexandru Petrescu, the head of ASF, advocates for a shift in corporate governance from punitive measures to promoting excellence, inspired by Asian models. He emphasizes the need for a fundamental change in perspective, moving away from merely identifying failures to fostering an environment where best practices are celebrated. This approach, termed "Name and Shine," aims to encourage ambition and build trust, ultimately leading to a stronger culture of accountability. Petrescu argues that effective governance should not only focus on compliance but also on cultivating a genuine commitment to good practices.