Corporate Governance Intervention for a Sustainable Socio-Economic Model
Corporate Governance Intervention for a Sustainable Socio-Economic Model
Author(s): Carmen Valentina Radulescu, Florina Bran, Ildiko IOAN, Dumitru-Alexandru BodislavSubject(s): Social Sciences
Published by: Expert Projects Publishing
Keywords: capitalism; competitive advantage; corporate governance; developed country; emergent country; sustainable economic growth;
Summary/Abstract: In our days the global society is facing the following problem: the wealth was created through capitalism based on the market, although the market system creates insecurity and inequality for the social classes. Under the social pressure that is shifted on the political class, the last one is obligated to execute the “change for a better future”; the public sector and the private sector must share their strategies and development politicies to restart the capitalist system and put it back on the right road. This research paper presents the factors that create the basic problems: social inequality and unsustainable economic growth and development of a country, and the feasible solutions that include the implementation of corporate business principles that are combined with social problems through the development of public-private partnerships and of an integrated proactive governance system of the unstable situation of an emergent country.
Journal: Revista de Cercetare şi Intervenţie Socială
- Issue Year: 2014
- Issue No: 46
- Page Range: 216-226
- Page Count: 11
- Language: English