Corporate governance implementations and sustainability in international NGOs
Abstract
This research work aims at examining the theoretical and empirical impacts of corporate governance on sustainable development initiatives in international non-governmental organizations (INGOs). Applying Stakeholder Theory, Institutional Theory, Resource Dependence Theory, and Agency Theory, the research advances a theoretical framework that explains the intricate connection between governance practices and stakeholder relations to build trust and collaborate for the long term. The research evidence suggests that good governance not only enhances stakeholder relations, but also helps NGOs to safeguard resources and meet external requirements, as part of their sustainability initiatives. These practices ensure that INGOs align their initiatives with global sustainability goals, thus enhancing their credibility and operational efficiency. Several limitations are listed such as the lack of distinction between sectoral and cultural differences. These differences may have an impact on the applicability of the proposed theoretical models in different regional or cultural settings. Potential practical implications of the theoretical models such as the need for adaptable governance strategies to address local complexities, also described and further research considerations are introduced. Finally, this research highlights the value of robust governance in promoting sustainable development initiatives among INGOs operating in an increasingly connected world.
Keywords:
Corporate Governance Sustainable Development Non-Governmental Organizations Stakeholder Theory Resource Dependence Theory Agency TheoryDownloads
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