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Corporate Governance Relation With Corporate Sustainability

Author

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  • ISSAM MF SALTAJI

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

Sustainability is targeted in this article to be integrated with corporate governance presenting its importance in business world not as obligation, but as a tool be adopted. Economic challenges push companies to think twice before making decisions. Corporate governance is a success key for companies through improving performance and gain mistrust of investors serving business sustainability. Objectives direction has been changed from concentrating on shareholders’ benefits to maintain sustainability in general perspective. Sustainable economy becomes main feature of business world needs requiring strong militarization of all companies’ resources. That has been interrupted by climate change and financial crisis setting an urgent need from managements to adopt strongly sustainability and governance principles. Governance functions cannot be completed without sustainability strategy; both are affected by social, environmental, and economic aspects. That what article tries to present through collecting prime resources of leading companies in corporate governance and sustainability, and secondary data from academic researches supporting that by empirical study to proof that companies have been saved from collapsing by adopting corporate governance responsibility and sustainability principles during financial crisis.

Suggested Citation

  • Issam Mf Saltaji, 2013. "Corporate Governance Relation With Corporate Sustainability," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 30(1), pages 145-156, June.
    • Handle: RePEc:ath:journl:v:30:y:2013:i:1:p:145-156
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    Cited by:

    1. Mohammed Abdullah Ammer & Meqbel Mishary Aliedan & Mansour Abdullah Alyahya, 2020. "Do Corporate Environmental Sustainability Practices Influence Firm Value? The Role of Independent Directors: Evidence from Saudi Arabia," Sustainability, MDPI, vol. 12(22), pages 1-21, November.
    2. Margarida Rodrigues & Mário Franco, 2019. "The Corporate Sustainability Strategy in Organisations: A Systematic Review and Future Directions," Sustainability, MDPI, vol. 11(22), pages 1-22, November.
    3. Sonia Castellanos-Redondo & Domingo Nevado-Peña & Benito Yañez-Araque, 2020. "Ethics and Happiness at Work in the Spanish Financial Sector," Sustainability, MDPI, vol. 12(21), pages 1-10, November.
    4. Ricardo Vinícius Dias Jordão & Edson Pinto Ferreira & José Antônio Sousa Neto, 2018. "Financial disclosure and social environmental responsibility: An empirical study on the Brazilian market," Contaduría y Administración, Accounting and Management, vol. 63(2), pages 19-20, Junio.

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