IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v1(566)y2012i1(566)p113-126.html
   My bibliography  Save this article

The New Governance and Globalization

Author

Listed:
  • Costantin ROMAN

    (Bucharest Academy of Economic Studies)

  • Aureliana Geta ROMAN

    (Bucharest Academy of Economic Studies)

  • Alexandru BOGHIU

    (Controller Institut Romania)

Abstract

The changes in economy and the society require a new theory of value based on knowledge. A piece of information which is well documented and as well assimilated may be a substitute for substance, energy and another piece of information. After receiving the piece of information, our thinking needs to change dramatically, in order to consider the factors that make from it such a special value. In order to be able to face the uncertainty and complexity of modern world, a new type of governance appeared, which considers not only the need for informing stakeholders and satisfying them but also the ability of an entity to answer the new restrictions stated by the market through external bodies, the personnel of the said entity and its representatives, public opinion, etc. An entity shall not be assessed only based on some economic or profitability criteria, but also based on its ability to adapt and react, the ability to meet the expectations of the persons it uses, through a model attitude towards topics of general interest (ecology, ethics, inspecting people, rejection of any discrimination, etc.), in short, through its ability to become a citizen of the world.

Suggested Citation

  • Costantin ROMAN & Aureliana Geta ROMAN & Alexandru BOGHIU, 2012. "The New Governance and Globalization," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(566)), pages 113-126, January.
    • Handle: RePEc:agr:journl:v:1(566):y:2012:i:1(566):p:113-126
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/682.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=682&rid=82
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adelina DUMITRESCU PECULEA, 2019. "Performance in public administration: Doing outside the box under the rule of procedures," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(618), S), pages 151-158, Spring.
    2. repec:agr:journl:v:1(618):y:2019:i:1(618):p:151-158 is not listed on IDEAS

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:1(566):y:2012:i:1(566):p:113-126. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.