IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2024v6ip132-143.html
   My bibliography  Save this article

Digitalization And Sustainability In Public Sector Corporate Governance

Author

Listed:
  • IORGULESCU ANA-MARIA-LORENA

    (FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, WEST UNIVERSITY OF TIMISOARA)

  • DRAGANESCU MARIUS AUGUSTIN

    (FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, WEST UNIVERSITY OF TIMISOARA)

  • AVRAM ALEXANDRU

    (FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, WEST UNIVERSITY OF TIMISOARA)

Abstract

This paper examines the impact of digitalization and sustainability on corporate governance in Romania and the European Union. The study paper compares the digital progress of Romania with other European countries, using different specific indexes such as EGDI, SDG Index, ICT Development Index, and DESI indicators. Even if Romania is making progress regarding digital transformation and is involved in many programs that see an increase in digitalization, the results obtained in this paper show a low level compared to other countries from the EU. Romania has problems with cybersecurity, digital infrastructure, and digital inclusiveness. To increase its level of digitalization and sustainability, along with this level of corporate governance, it should be inspired by the good practices that North European countries adopted. So, with the integration of good strategies of corporate governance and measures of digitalization, this country can accelerate its transition to the best countries that have already achieved good results, creating this way a pathway to achieving objectives of sustainable development.

Suggested Citation

  • Iorgulescu Ana-Maria-Lorena & Draganescu Marius Augustin & Avram Alexandru, 2024. "Digitalization And Sustainability In Public Sector Corporate Governance," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 132-143, December.
    • Handle: RePEc:cbu:jrnlec:y:2024:v:6i:p:132-143
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2024-06,%20Volumul%20I/16_Iorgulescu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aleksander Aristovnik & Polonca Kovač & Eva Murko & Dejan Ravšelj & Lan Umek & Marie Bohatá & Bernhard Hirsch & Fabienne-Sophie Schäfer & Nina Tomaževič, 2021. "The Use of ICT by Local General Administrative Authorities during COVID-19 for a Sustainable Future: Comparing Five European Countries," Sustainability, MDPI, vol. 13(21), pages 1-20, October.
    2. Bogdan Aurelian Mihail & Dalina Dumitrescu, 2021. "Corporate Governance from a Cross-Country Perspective and a Comparison with Romania," JRFM, MDPI, vol. 14(12), pages 1-13, December.
    3. Igor Linkov & Benjamin D. Trump & Kelsey Poinsatte-Jones & Marie-Valentine Florin, 2018. "Governance Strategies for a Sustainable Digital World," Sustainability, MDPI, vol. 10(2), pages 1-8, February.
    4. Alexander Dahlsrud, 2008. "How corporate social responsibility is defined: an analysis of 37 definitions," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 15(1), pages 1-13, January.
    5. Covucci, Claudia & Confetto, Maria Giovanna & Ključnikov, Aleksandr & Panait, Mirela, 2024. "Unrevealing the nexus between digital sustainability and corporate digital responsibility: A dual-track systematic literature review towards a framework of corporate digital sustainability," Technology in Society, Elsevier, vol. 79(C).
    6. Ellalee, Haider & Al-Qaysi, Israa I., 2023. "Digital Government a Pathway to Sustainable Development," MPRA Paper 118178, University Library of Munich, Germany, revised Aug 2023.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Debora Scarpato & Gennaro Civero & Vincenzo Rusciano & Marcello Risitano, 2020. "Sustainable strategies and corporate social responsibility in the Italian fisheries companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 2983-2990, November.
    2. Sapanna Laysiriroj & Walter Wehrmeyer, 2020. "Intergenerational differences of CSR activities in family-run businesses in eastern Thailand," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 5(1), pages 1-15, December.
    3. Yi Wang & Yafei Yang & Zhaoxiang Qin & Yefei Yang & Jun Li, 2023. "A Literature Review on the Application of Digital Technology in Achieving Green Supply Chain Management," Sustainability, MDPI, vol. 15(11), pages 1-18, May.
    4. Agnieszka Kwarcinska, 2021. "Scope of Activities as a Criterion Determining the Type of CSR Actions with Regard to Employees: A Case Study," European Research Studies Journal, European Research Studies Journal, vol. 0(4 - Part ), pages 882-893.
    5. Ivan Hilliard, 2013. "Responsible Management, Incentive Systems, and Productivity," Journal of Business Ethics, Springer, vol. 118(2), pages 365-377, December.
    6. Zhonghua Zhao & Fanchen Meng & Yin He & Zhouyang Gu, 2019. "The Influence of Corporate Social Responsibility on Competitive Advantage with Multiple Mediations from Social Capital and Dynamic Capabilities," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    7. David Benjamin Billedeau & Jeffrey Wilson & Naima Samuel, 2022. "From Responsibility to Requirement: COVID, Cars, and the Future of Corporate Social Responsibility in Canada," Sustainability, MDPI, vol. 14(11), pages 1-16, May.
    8. Chris Hydock & Neeru Paharia & T. J. Weber, 2019. "The Consumer Response to Corporate Political Advocacy: a Review and Future Directions," Customer Needs and Solutions, Springer;Institute for Sustainable Innovation and Growth (iSIG), vol. 6(3), pages 76-83, December.
    9. Becker, Jörg & Distel, Bettina & Grundmann, Matthias & Hupperich, Thomas & Kersting, Norbert & Löschel, Andreas & Parreira do Amaral, Marcelo & Scholta, Hendrik, 2021. "Challenges and potentials of digitalisation for small and mid-sized towns: Proposition of a transdisciplinary research agenda," ERCIS Working Papers 36, University of Münster, European Research Center for Information Systems (ERCIS).
    10. Luger, Michaela & Hofer, Katharina Maria & Floh, Arne, 2022. "Support for corporate social responsibility among generation Y consumers in advanced versus emerging markets," International Business Review, Elsevier, vol. 31(2).
    11. Francesco Gangi & Antonio Meles & Eugenio D'Angelo & Lucia Michela Daniele, 2019. "Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(3), pages 529-547, May.
    12. Maria del Mar Miras & Bernabe Escobar & Amalia Carrasco, 2014. "Are Spanish Listed Firms Betting on CSR during the Crisis? Evidence from the Agency Problem," Business and Management Research, Business and Management Research, Sciedu Press, vol. 3(1), pages 85-95, March.
    13. Lingxiang Jian & Shuxuan Guo & Shengqing Yu, 2023. "Effect of Artificial Intelligence on the Development of China’s Wholesale and Retail Trade," Sustainability, MDPI, vol. 15(13), pages 1-19, July.
    14. Francesco Gangi & Mario Mustilli & Nicola Varrone & Lucia Michela Daniele, 2018. "Corporate Social Responsibility and Banks’ Financial Performance," International Business Research, Canadian Center of Science and Education, vol. 11(10), pages 42-58, October.
    15. Fernando Ubeda & Alvaro Mendez & Francisco Javier Forcadell, 2024. "Sustainable banking and trust in the global South," Global Policy, London School of Economics and Political Science, vol. 15(S1), pages 34-44, March.
    16. Hsueh, Che-Fu, 2014. "Improving corporate social responsibility in a supply chain through a new revenue sharing contract," International Journal of Production Economics, Elsevier, vol. 151(C), pages 214-222.
    17. Halit Gonenc & Bert Scholtens, 2019. "Responsibility and Performance Relationship in the Banking Industry," Sustainability, MDPI, vol. 11(12), pages 1-49, June.
    18. Alena Kocmanová & Marie Pavláková Dočekalová & Tomáš Meluzín & Stanislav Škapa, 2020. "Sustainable Investing Model for Decision Makers (Based On Research of Manufacturing Industry in the Czech Republic)," Sustainability, MDPI, vol. 12(20), pages 1-27, October.
    19. Veronica Devenin & Constanza Bianchi, 2018. "Soccer fields? What for? Effectiveness of corporate social responsibility initiatives in the mining industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 866-879, September.
    20. Feng, Zhi-Yuan & Wang, Ying-Chieh & Wang, Wen-Gine, 2024. "Corporate carbon reduction and tax avoidance: International evidence," Journal of Contemporary Accounting and Economics, Elsevier, vol. 20(2).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2024:v:6i:p:132-143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae The email address of this maintainer does not seem to be valid anymore. Please ask Ecobici Nicolae to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.