Identifying Components of the Corporate Governance Model with a Commercialization Approach for Airports in the Country
Keywords:
Corporate governance, airport commercialization, organizational culture, financial transparency, governance structures, accountability, sustainable developmentAbstract
This study aims to develop a corporate governance model with a commercialization approach for airports in Iran, focusing on enhancing operational efficiency and financial performance. A qualitative research design was employed, utilizing semi-structured interviews with 14 experts, including organizational specialists and university professors with extensive experience in corporate governance and airport operations. Data was collected through snowball sampling, where initial participants were selected based on their expertise, and subsequent participants were referred by them. Thematic analysis was used to analyze the interview data, identifying key themes and categories related to governance structures, accountability, organizational culture, and the commercialization of airports. The study identified several critical dimensions for the corporate governance model of airport commercialization, including the design of effective governance structures, the importance of accountability and transparency, the role of organizational culture in enhancing team collaboration, and the necessity of robust financial and technical infrastructures. The findings highlighted that clear reporting structures, independent auditing committees, and a focus on social responsibility were essential for the successful commercialization of airports. Furthermore, fostering a culture of collaboration and enhancing investor confidence through transparent financial practices were key elements for sustainable development in the aviation sector. The research concludes that a well-structured corporate governance framework, tailored to the specific needs of airport commercialization, is crucial for improving operational efficiency and attracting investment. A focus on clear roles, responsibility structures, and effective financial oversight is necessary to ensure the long-term success and sustainability of commercialized airports.
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