DIGITALIZATION AND SUSTAINABILITY IN PUBLIC SECTOR CORPORATE GOVERNANCE

Iorgulescu Ana-Maria-Lorena, Draganescu Marius Augustin and Avram Alexandru
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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

Annals - Economy Series, 2024, vol. 6I, 132-143

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.

Keywords: corporate governance; public sector; digitalization; sustainability (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2024:v:6i:p:132-143

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