DIGITALIZATION AND SUSTAINABILITY IN PUBLIC SECTOR CORPORATE GOVERNANCE

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.

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Publication Details

Journal
RePEc: Research Papers in Economics
Published
2024-12-01
Primary Topic
Business and Economic Development
Type
article
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article

DIGITALIZATION AND SUSTAINABILITY IN PUBLIC SECTOR CORPORATE GOVERNANCE

RePEc: Research Papers in Economics
Business and Economic Development
article

DIGITALIZATION AND SUSTAINABILITY IN PUBLIC SECTOR CORPORATE GOVERNANCE

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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.

RePEc: Research Papers in Economics
West University of Timişoara (RO)
Industry, innovation and infrastructure
Openalex Percentile: Top 36%
Business and Economic Development
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