Corporate governance is gaining interest not only from investors but companies that want to operate in international markets, prompting a more thorough analysis of the field to prioritise stakeholder interests alongside shareholder value. By adopting a holistic approach that considers stakeholders’ diverse needs and expectations, companies can build resilience, foster trust, and create sustainable value for all stakeholders, ensuring long-term success and societal impact. This paper analyses corporate governance principles applied at the international, European, and national levels, emphasising the importance of the field for the stakeholders. The practical approach of the paper analyses the application and compliance of the corporate governance code of 18 companies in the field of financial intermediation and insurance, which are listed on the Bucharest Stock Exchange, underlining the crucial role of transparency of operations in instilling confidence and reassurance in stakeholders. The conclusions present proposals for measures to improve corporate governance practices at the level of companies.
By operating with the Scale Relativity Theory by means of two scenarios (Schrӧdinger and Madelung-type scenarios) in the dynamics of complex systems, we can achieve a description of these complex systems through a holographic-type perspective. Then, a gauge invariance of the Riccati type becomes functional in complex-system dynamics, which implies several consequences: conservation laws (in particular, for dynamics, the kinetic momentum conservation law), simultaneity and synchronization among the structural units’ (belonging to a complex system) dynamics, and temporal patterns through harmonic mappings. Finally, an economic case analysis is highlighted.