Identifying the factors affecting the governance of the National Iranian Oil Company with a corporate sustainability approach

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

The purpose of this study was to identify the modt important factors affecting corporate governance with a corporate sustainability approach, according to the nature of operational activities of the National Iranian Oil Company. Initially, by conducting theoretical studies including articles, G4 Global Reports Guide, and governance patterns of the worldchr('39')s major oil companies, the factors influencing governance with a corporate sustainability approach were identified from a conceptual perspective. Then, by conducting judgmental sampling, the Delphi panel consisting of 22 senior managers inside and outside the organization was formed. Then, by designing an open Delphi questionnaire and confirming its validity and reliability, seven new factors affecting corporate governance were identified at the end of the second round of Delphi method. Finally, 59 factors influencing governance with a corporate sustainability approach for the National Iranian Oil Company were agreed upon with an appropriate reliability coefficient. After prioritization, four factors were identified: updating strategic statements with corporate sustainability approach, increasing the level of knowledge and awareness of the board of international concepts of sustainability, applying long-term risks in strategic plans and evaluating the process of addressing community critical concerns.

Language:
Persian
Published:
Strategic Studies in Petroleum and Energy Industry, Volume:12 Issue: 46, 2021
Pages:
3 to 17
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