Hidroelectrica: A Case Study in Public Sector Governance During Crisis
This paper maintains its focus on examining Hidroelectrica, Romania's leading energy producer, as a case study to enhance understanding of governance dynamics in the public sector. Corporate governance has a significant role in ensuring sustainable development, resilience, and accountability...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Ovidius University Press
2025-02-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | https://stec.univ-ovidius.ro/html/anale/RO/2024i2/Section%203/11.pdf |
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| Summary: | This paper maintains its focus on examining Hidroelectrica, Romania's leading energy producer,
as a case study to enhance understanding of governance dynamics in the public sector. Corporate
governance has a significant role in ensuring sustainable development, resilience, and
accountability. The study examines the company`s responses to three significant crises: the Great
Recession, the insolvency from 2012, and the COVID-19 pandemic. Analyzing governance structures
and financial indicators, the paper shows how robust frameworks contribute to adaptation and
resilience. The paper also addresses challenges like gender diversity. The findings emphasize the
importance of transparency, inclusivity, and proactive governance in achieving long-term stability
and growth. |
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| ISSN: | 2393-3127 |