Corporate Governance and Sustainability in the Healthcare Industry. The Impact of Diversity and Transparency on Social and Environmental Performance Cover Image

Guvernanța corporativă și sustenabilitatea în industria sănătății. Impactul diversității și transparenței asupra performanței sociale și de mediu
Corporate Governance and Sustainability in the Healthcare Industry. The Impact of Diversity and Transparency on Social and Environmental Performance

Author(s): Petrică-Dumitru Becheș
Subject(s): Economy, Accounting - Business Administration, Socio-Economic Research
Published by: Corpul Experților Contabili și Contabililor Autorizați din România (CECCAR)
Keywords: corporate governance; social performance; environmental performance; healthcare industry;

Summary/Abstract: This study explores the relationship between corporate governance, focusing on board size, board independence, board gender diversity and CEO duality as key indicators, and its impact on the social and environmental performance of companies in the healthcare industry. The research uses secondary data from the Refinitiv Eikon database, covering 6,550 companies from 2020-2024, using descriptive statistics, correlation matrix, and multiple regression models to analyse the connection between corporate governance and social and environmental performance. The findings show that corporate governance characteristics significantly influence sustainability performance, gender diversity, and board size, these issues being positively related with improved social and environmental outcomes. Additionally, the study highlights the importance of corporate governance mechanisms in mitigating issues like greenwashing and enhancing transparency in sustainability reporting.

  • Issue Year: 6/2025
  • Issue No: 3
  • Page Range: 2-14
  • Page Count: 13
  • Language: Romanian
Toggle Accessibility Mode