The impact of the quality of corporate governance on sustainable development
An analysis based on development level
Bibliographic Data
| ID | 15067148 |
|---|---|
| Authors | Monica Violeta Achim (0000-0003-4701-041X, Babeș-Bolyai University, corresponding author), Viorela Ligia Văidean (0000-0001-6481-137X, Babeș-Bolyai University), Andrada Ioana Sabau (0000-0002-0246-2378, Babeș-Bolyai University), Ioana Lavinia Safta (0000-0002-0182-1404, Babeș-Bolyai University) |
| Year | 2023 |
| Volume | 36 |
| Issue | 1 |
| Pages | 930-959 |
| Publication date | 2023-03-31 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2022.2080745 |
| OpenAlex | W4281671474 |
| Language | EN |
| Citations received | 5 |
| References cited | 42 |
Sustainable development has gained the attention of researchers worldwide and is becoming an important topic, especially in relation to corporate governance principles. This study investigates the influence of corporate governance on sustainable development in a sample of 185 countries over 2005–2020 using a panel linear regression model. Separate analyses are also conducted on subsamples of high- and low-income countries. Our findings highlight the positive influence of corporate governance, as measured by board efficacy, the strength of audits and reports, and digitalisation, on sustainable development, as measured by the Human Development Index, Human Capital Index, and Environmental Performance Index. Moreover, we find a higher positive and marginal effect of the influence of corporate governance on sustainable development for low-income countries than for high-income countries. The robustness checks performed using variables related to the happiness index, women in top management positions, and technology adoption verify our results. Our findings are important for managers and policymakers to consolidate sustainable development through the incentive brought about by high-quality corporate governance
Business · Corporate governance · Economics · Environmental economics · Political science · Process management · Sustainable development · Business and Economic Development · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Finance
Ownership, regulation, and ESG in transport and logistics
Achieving sustainable development goals
Female economic participation and sustainable development in African countries
Exploring the dynamic capability of green technology innovation for achieving sustainable development
Lifelong gender inclusive education, productive capacity, and governance quality in Africa
| Unique citing works | 5 |
|---|---|
| Citations per year | 2,5 |
| Citation span | 2024 - 2026 (3) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 5 |