Abstract
This study examines the impact of corporate governance on the financial performances of the banks. For this purpose, we compiled a database including 23 commercial banks in Romania. Starting from a vast reference literature there were identified three characteristics of the board which might have an impact on the financial performance and these characteristics were used as Independent variables. The Ordinary Least Squares regression from Eviews was used to estimate the relationship between bank performance measures and the independent variables. After the empiric testing, the hypotheses considered within the theoretical section were accepted. Within the first econometric model, the size of the board represented by the Supervisory board and the Executive board determined a positive and significant impact on the performance. One showed that a numerous board contributes to the increase of the financial value of the considered banks because it assures an efficient supervisory. The second considered model enforced the results provided by the first model, so that the structure of the boardBoard structure determines a positive effect on the performance by means of the non-resident members and the presence Women in Management.