Critical Perspectives of Organisational Behaviour towards Stakeholders through the Application of Corporate Governance Principles

Autor: Florin-Alexandru Luca, Claudiu-Gabriel Tiganas, Claudia-Elena Grigoras-Ichim, Dumitru Filipeanu, Lucia Morosan-Danila
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Administrative Sciences, Vol 14, Iss 5, p 84 (2024)
Druh dokumentu: article
ISSN: 2076-3387
DOI: 10.3390/admsci14050084
Popis: Corporate governance is gaining interest not only from investors but companies that want to operate in international markets, prompting a more thorough analysis of the field to prioritise stakeholder interests alongside shareholder value. By adopting a holistic approach that considers stakeholders’ diverse needs and expectations, companies can build resilience, foster trust, and create sustainable value for all stakeholders, ensuring long-term success and societal impact. This paper analyses corporate governance principles applied at the international, European, and national levels, emphasising the importance of the field for the stakeholders. The practical approach of the paper analyses the application and compliance of the corporate governance code of 18 companies in the field of financial intermediation and insurance, which are listed on the Bucharest Stock Exchange, underlining the crucial role of transparency of operations in instilling confidence and reassurance in stakeholders. The conclusions present proposals for measures to improve corporate governance practices at the level of companies.
Databáze: Directory of Open Access Journals
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