Corporate Governance Intervention for a Sustainable Socio-Economic Model

In our days the global society is facing the following problem: the wealth was created through capitalism based on the market, although the market system creates insecurity and inequality for the social classes. Under the social pressure that is shifted on the political class, the last one is obliga...

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Bibliographic Details
Published in:Revista de cercetare si interventie sociala 2014-09, Vol.46, p.216-226
Main Authors: BRAN, Florina, Dumitru-Alexandru BODISLAV, RADULESCU, Carmen Valentina, IOAN, Ildiko
Format: Article
Language:English
Subjects:
Capitalism
Corporate governance
Development Strategies
Economic Development
Economic growth
Economic models
Economics
Governance
Markets
Private sector
Public private partnerships
Public Sector
Social conditions
Social conflict
Social Inequality
Social Pressure
Social Problems
Socioeconomic factors
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Summary:In our days the global society is facing the following problem: the wealth was created through capitalism based on the market, although the market system creates insecurity and inequality for the social classes. Under the social pressure that is shifted on the political class, the last one is obligated to execute the "change for a better future"; the public sector and the private sector must share their strategies and development politicies to restart the capitalist system and put it back on the right road. This research paper presents the factors that create the basic problems: social inequality and unsustainable economic growth and development of a country, and the feasible solutions that include the implementation of corporate business principles that are combined with social problems through the development of public-private partnerships and of an integrated proactive governance system of the unstable situation of an emergent country.
ISSN:1583-3410
1584-5397