The contribution of corporate governance to the development of cross-border areas is determined by the fact that it ensures: that the financial, managerial and informational operations reported inner and outer is accurate, reliable and timely; plans and corporate objectives are achieved and satisfied; management actions of the corporation are in accordance with government policies, plans, standards, procedures and nowadays legislation, that all material resources are fully protected, purchased economically and efficientely in the interest of the company, used in order to prevent insolvency risk corporate insolvency and later,companies, bankruptcy, from cross-border areas. The effective activities of control helps to identify and evaluate the management of risks and to prevent corporate insolvency. They are developed after the development of control strategies and risk assessments. All this, however, in the context in which are correlated with corporate governance principles that are found in procedures, standards, formalization, harmonization, good practices applied and verified at European level and in Romania provided to reconsider the historical and socio-economic realities. from cross-border areas.