CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTOR
This paper aims to highlight the key role that corporate governance plays in increasing the efficiency and the economic growth of organiza- tions, including the public institutions. The bene- fits and effects that Corporate Governance offers have led to the expansion of the practice in questio...
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Format: | Article |
Language: | English |
Published: |
Academy of the Economic Studies of Moldova
2022-06-01
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Series: | Economica |
Subjects: | |
Online Access: | https://irek.ase.md/xmlui/bitstream/handle/123456789/2202/Angela%20BOGU%c8%98_Marina%20BAE%c8%98U_ec_2022_2.pdf?sequence=1&isAllowed=y |
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author | Angela BOGUS Marina BAIESU |
author_facet | Angela BOGUS Marina BAIESU |
author_sort | Angela BOGUS |
collection | DOAJ |
description | This paper aims to highlight the key role
that corporate governance plays in increasing the
efficiency and the economic growth of organiza-
tions, including the public institutions. The bene-
fits and effects that Corporate Governance offers
have led to the expansion of the practice in
question, including in the public sector. Although
the mission of the public sector is a social one,
it differs significantly from that of the private
sector – which is the economic one, however, a
number of corporate governance traits are spe-
cific to both sectors, and the aim of each sector is
to streamline management and improve the
internal control system.
The study highlights the reasons that have
led to growing interest in corporate governance
in the public sector, providing the possibility to
identify optimal solutions to prevent negative
practices of fraud and financial failure |
first_indexed | 2024-04-11T23:47:23Z |
format | Article |
id | doaj.art-2f5dca7d8dfa4e6b8d544eecd87be839 |
institution | Directory Open Access Journal |
issn | 1810-9136 |
language | English |
last_indexed | 2024-04-11T23:47:23Z |
publishDate | 2022-06-01 |
publisher | Academy of the Economic Studies of Moldova |
record_format | Article |
series | Economica |
spelling | doaj.art-2f5dca7d8dfa4e6b8d544eecd87be8392022-12-22T03:56:36ZengAcademy of the Economic Studies of MoldovaEconomica1810-91362022-06-01212072010.53486/econ.2022.120.007CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTORAngela BOGUS0https://orcid.org/0000-0003-0413-7154Marina BAIESU1https://orcid.org/0000-0003-1274-6347ASEMASEMThis paper aims to highlight the key role that corporate governance plays in increasing the efficiency and the economic growth of organiza- tions, including the public institutions. The bene- fits and effects that Corporate Governance offers have led to the expansion of the practice in question, including in the public sector. Although the mission of the public sector is a social one, it differs significantly from that of the private sector – which is the economic one, however, a number of corporate governance traits are spe- cific to both sectors, and the aim of each sector is to streamline management and improve the internal control system. The study highlights the reasons that have led to growing interest in corporate governance in the public sector, providing the possibility to identify optimal solutions to prevent negative practices of fraud and financial failurehttps://irek.ase.md/xmlui/bitstream/handle/123456789/2202/Angela%20BOGU%c8%98_Marina%20BAE%c8%98U_ec_2022_2.pdf?sequence=1&isAllowed=ycorporate governanceprivate and public sectorfinancial crisiscontrolcorporate responsibilitymanagementethicscoruption |
spellingShingle | Angela BOGUS Marina BAIESU CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTOR Economica corporate governance private and public sector financial crisis control corporate responsibility management ethics coruption |
title | CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTOR |
title_full | CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTOR |
title_fullStr | CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTOR |
title_full_unstemmed | CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTOR |
title_short | CORPORATE GOVERNANCE BENEFITS FOR THE PUBLIC SECTOR |
title_sort | corporate governance benefits for the public sector |
topic | corporate governance private and public sector financial crisis control corporate responsibility management ethics coruption |
url | https://irek.ase.md/xmlui/bitstream/handle/123456789/2202/Angela%20BOGU%c8%98_Marina%20BAE%c8%98U_ec_2022_2.pdf?sequence=1&isAllowed=y |
work_keys_str_mv | AT angelabogus corporategovernancebenefitsforthepublicsector AT marinabaiesu corporategovernancebenefitsforthepublicsector |