{"id":11888,"date":"2026-04-10T06:54:20","date_gmt":"2026-04-10T06:54:20","guid":{"rendered":"https:\/\/revista.isfin.ro\/?p=11888"},"modified":"2026-04-10T06:56:22","modified_gmt":"2026-04-10T06:56:22","slug":"corporate-governance-as-a-multidimensional-framework-a-comparative-analysis-of-academic-literature-and-institutional-approaches","status":"publish","type":"post","link":"https:\/\/revista.isfin.ro\/en\/2026\/04\/10\/corporate-governance-as-a-multidimensional-framework-a-comparative-analysis-of-academic-literature-and-institutional-approaches\/","title":{"rendered":"CORPORATE GOVERNANCE AS A MULTIDIMENSIONAL FRAMEWORK: A COMPARATIVE ANALYSIS OF ACADEMIC LITERATURE AND INSTITUTIONAL APPROACHES"},"content":{"rendered":"
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Author: Liana Ioana Paraschiv<\/p>

Vol. 11 \u2022 Special Issue \u2022 2026<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Abstract<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Corporate governance is currently described as a multidimensional field central to corporate accountability, strategic direction, and long-term value creation. This article examines the concept of corporate governance through a review of institutional and academic definitions, to identify the evolution and principal convergences. Across both institutional and scholarly perspectives, recurring themes include board oversight, shareholder rights, strategic alignment, and, more recently, sustainability and stakeholder inclusion. At the same time, there is an important focus on formal structures, the predominance of board-centered and shareholder-oriented perspectives, the underrepresentation of non-financial stakeholders, and limited applicability to small and medium-sized enterprises. The study concludes that corporate governance should be understood as a dynamic and evolving system that balances financial and non-financial objectives while responding to organizational, societal, and environmental expectations. By synthesizing institutional and theoretical perspectives, the article contributes to a more comprehensive understanding of corporate governance from different yet complementary perspectives.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Keywords: <\/strong>corporate governance, board of directors, shareholders, stakeholders, accountability, sustainability, Environmental, Social, Governance, ESG, corporate sustainability frameworks<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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JEL Classification:<\/strong> G34, M14<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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DOI:\u00a0<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Author: Liana Ioana Paraschiv Vol. 11 \u2022 Special Issue \u2022 2026 View abstract PDF View article PDF Abstract Corporate governance is currently described as a multidimensional field central to corporate accountability, strategic direction, and long-term value creation. This article examines the concept of corporate governance through a review of institutional and academic definitions, to identify …<\/p>\n

CORPORATE GOVERNANCE AS A MULTIDIMENSIONAL FRAMEWORK: A COMPARATIVE ANALYSIS OF ACADEMIC LITERATURE AND INSTITUTIONAL APPROACHES<\/span> Read More »<\/a><\/p>","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[188],"tags":[],"yoast_head":"CORPORATE GOVERNANCE AS A MULTIDIMENSIONAL FRAMEWORK: A COMPARATIVE ANALYSIS OF ACADEMIC LITERATURE AND INSTITUTIONAL APPROACHES - Revista de Studii Financiare<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/revista.isfin.ro\/en\/2026\/04\/10\/corporate-governance-as-a-multidimensional-framework-a-comparative-analysis-of-academic-literature-and-institutional-approaches\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CORPORATE GOVERNANCE AS A MULTIDIMENSIONAL FRAMEWORK: A COMPARATIVE ANALYSIS OF ACADEMIC LITERATURE AND INSTITUTIONAL APPROACHES - Revista de Studii Financiare\" \/>\n<meta property=\"og:description\" content=\"Author: Liana Ioana Paraschiv Vol. 11 \u2022 Special Issue \u2022 2026 View abstract PDF View article PDF Abstract Corporate governance is currently described as a multidimensional field central to corporate accountability, strategic direction, and long-term value creation. 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