DEMATEL ANALYSIS OF CORPORATE AND PUBLIC GOVERNANCE: IDENTIFYING KEY FACTORS FOR GOOD GOVERNANCE

Charbel EL Ammar (), Wissam EL Hajj () and Ali Mroueh ()
Additional contact information
Charbel EL Ammar: PhD; Lebanese International University; School of Business; Mouseitbeh, Main Street, PO Box:146404 Mazraa, Beirut, Lebanon
Wissam EL Hajj: PhD; Lebanese International University; School of Business; Mouseitbeh, Main Street, PO Box:146404 Mazraa, Beirut, Lebanon
Ali Mroueh: PhD Candidate; Bucharest University of Economic Studies; Piata Romana 6, Bucuresti 010374, Romania

REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, 2023, vol. 2023, issue 41, 107-124

Abstract: This paper aims to clarify the concepts of corporate governance and public governance, the principles and practices of governance, with an emphasis on the role and responsibility of management and on decision-making transparency. An extensive review of scholarly literature has pinpointed ten factors known to exert an influence on good governance. Following this, expert opinions were leveraged to establish the causal interrelationships among these factors, employing the Decision-Making Trial and Evaluation Laboratory (DEMATEL) methodology. The conclusions of the paper show that corporate governance can also be better applied in the field of public affairs, an approach so current under the difficulties and contemporary economic and social changes and under the extraordinary transformational pressure exerted by the new technologies and mentalities that do not bypass the relatively reluctant to change the sector of public administration. The development and diversification of public services, which must ensure a high degree of quality and efficiency under conditions of limiting the financial resources of the administrative-territorial units, obliges the efficiency of the management systems of these institutions, emphasizing their role, responsibility, transparency, and decision-making and credibility in front of the citizens.

Keywords: Corporate governance; DEMATEL; public governance; public administration. (search for similar items in EconPapers)
JEL-codes: M10 M14 O10 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ramp.ase.ro/vol41/41-06.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:rampas:v:2023:y:2023:i:41:p:107-124

Access Statistics for this article

REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC is currently edited by Androniceanu Armenia

More articles in REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC from Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Androniceanu Armenia ().