IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxxivy2024i2p194-202.html
   My bibliography  Save this article

Hidroelectrica: A Case Study in Public Sector Governance During Crisis

Author

Listed:
  • Ana-Maria-Lorena Iorgulescu

    (West University of Timișoara, Faculty of Economics and Business Administration, Romania)

  • Alexandru Avram

    (West University of Timișoara, Faculty of Economics and Business Administration, Romania)

Abstract

This paper maintains its focus on examining Hidroelectrica, Romania's leading energy producer, as a case study to enhance understanding of governance dynamics in the public sector. Corporate governance has a significant role in ensuring sustainable development, resilience, and accountability. The study examines the company`s responses to three significant crises: the Great Recession, the insolvency from 2012, and the COVID-19 pandemic. Analyzing governance structures and financial indicators, the paper shows how robust frameworks contribute to adaptation and resilience. The paper also addresses challenges like gender diversity. The findings emphasize the importance of transparency, inclusivity, and proactive governance in achieving long-term stability and growth.

Suggested Citation

  • Ana-Maria-Lorena Iorgulescu & Alexandru Avram, 2024. "Hidroelectrica: A Case Study in Public Sector Governance During Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 194-202, December.
    • Handle: RePEc:ovi:oviste:v:xxiv:y:2024:i:2:p:194-202
    as

    Download full text from publisher

    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2024i2/Section%203/11.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    corporate governance; crises; financial indicators; board diversity;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

    Statistics

    Access and download statistics

    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:ovi:oviste:v:xxiv:y:2024:i:2:p:194-202. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.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.