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In today&rsquo, s business environment, corporate governance and financial transparency have an impact on the performance of firms. These changes are important for understanding the widespread accessibility of relevant and reliable information regarding an entity&rsquo, s financial and nonfinancial aspects. The purpose of this study was to show how the environmental, social, and governance disclosure performance of companies has gained a reputation of having a fundamental role in financial transparency and how it varies by stakeholder orientation and economic sector. In this regard, we developed a new model based on stakeholders&rsquo, perceptions to analyze the impact of environmental, social, and governance disclosure on financial transparency using the Analytic Hierarchy Process (AHP) method and select the economic sector that ensures transparency in sustainable and financial reporting. This model was applied over the 2008&ndash, 2018 period to 143 companies from eight countries in the most representative economic sectors: finance, energy, and telecommunication services. Our results portray that environmental, social, and governance reporting are a company&rsquo, s means of communication with stakeholders, as part of their accountability and stewardship obligations, and at the same time, they are a tool for achieving transparency regarding the financial performance of a firm. Furthermore, our findings also showed whether environmental, social, and governance (ESG) disclosures act as a vector of financial communication for enterprises, and this relationship will also be evident in their role in financial transparency.

In the past few decades, business performance has been approached from a multidimensional perspective, because a pro-active corporate sustainability reporting system for assessing the financial performance of an organization should at least address impacts at the organization and community levels, as well as the resulting associated social impacts. The purpose of this research was to identify the accessibility of corporate sustainability reporting instruments for Romanian managers and their role in increasing the financial performance of organizations. This study concludes that corporate social reporting indicators can be integrated into the reporting of the financial performance of a company and can transform sustainability into tangible value for all interested parties. In addition, the empirical results contribute to the understanding of corporate social responsibility practices, although being non-financial, these seem to be financially meaningful at a certain level after other financial factors are controlled for.

In an increasingly globalized society managing remote work allows entrepreneurs to compete favorably and increase profit. Moreover, with the rapid development of information and electronic media, decentralized work has become much more comfortable, faster, and more efficient in response to the globalization of work processes. Dynamic environments have introduced virtual work teams that collaborate through communication technologies across geographical, temporal, cultural, and organizational boundaries to achieve a common goal in the results of their organizations. Remote working grows in popularity, but with it also increases the need of the organization to demand high performance from their members through their projects and activities. All over the world, statistics showed in 2019 a steep increase in the number of virtual workers. Both managers and companies face a high number of challenges to keep their employees satisfied and their “numbers” up. This article focuses on the emergence of Virtual Teams in Romania, primarily through the real necessity of remote workers. We highly discuss the advantages and disadvantages of working from home for Romanian Entrepreneurs, especially in the current pandemic state of the entire world.

In our complex society, based on knowledge, is important the introduction and development in formal and informal training of transversal competences especially entrepreneurship, to provide competences, knowledge and attitudes which are essential for the development of an entrepreneurial culture in Europe. Starting from this premise, although some countries have already committed to encourage entrepreneurial education for more than a decade, others are just starting. The present article focuses on identifying the impact that entrepreneurial development has both in Romania and in the EU countries, and the results shown that the measures taken follow the reaching of Target Europa 2020. The paper presents the social context regarding the introduction of entrepreneurship in initial training and in non-formal training, the causes, the actors involved and the measures taken by the EU Member States regarding this phenomenon. The conclusion of the study show that entrepreneurial education in initial training represents a complex task, as more than three quarters of the countries/regions of Europe give autonomy to training institutions regarding the curricular aspects or have no regulations/recommendation at all regarding entrepreneurial education during initial training.

Health management consultancy has become an important source of innovation in management, a bridge between the academic environment, companies and opinion-makers in the field. The objective of this work is to identify the success factors of a consultancy mission within the health system, with the proposal of direct investigation of the hypothesis regarding the positive association between the success of consultancy missions and the consultant’s professional integrity. The survey was carried out during January and February 2017, in Bucharest health units, by applying questionnaires to 68 managers both in the public and private system. The analyzed parameters were: the consultant’s professional integrity, the consultant's competency, the relations with the consultant, the correct definition of the mission, available financial resources, term observance, and related costs. The information obtained was statistically processed using the SPSS system. The answer options to the items in the questionnaire allowed statistical correlations, verifying the survey hypothesis regarding the association between success and professional integrity. Any consultancy mission entails negotiation skills from the consultant, as well as an open attitude, listening and communications skills. The environment created by the manager can even further influence the change acceptance.

The new economic environment, characterized as volatile, uncertain, complex, and ambiguous, has been generated through the evolution of a world in which online reputation and corporate social responsibility have become closely interconnected. In this study, we assessed whether corporate social responsibility is a goal with multiple implications for the image of the organization and its financial results, which present a model for measuring online reputation in the context of optimizing corporate sustainability. We used an econometric approach that showed that the main purpose of the model is to determine the best value of the dependent variable by providing a number of new sets of explanatory variables on the exact quantification of the company&rsquo, s online reputation. The main results can support the decision-making process in building and maintaining online reputation in the short or long term, and the information provided is useful for implementing online reputation management programs. We provide a rather nuanced picture of the relationship between the credibility of corporate sustainability claims, financial security, and the chance of preserving the online reputation built. The research shows that online reputation risk management is no longer optional, online reputation must become a strategic resource for sustainable business.