20.500.12556/DKUM-99011 Development of a model for measuring the quality of corporate governance in insurance groups in the context of cross-border operations Insurance companies play a systemic role in capital allocation and sustainable risk management, making corporate governance quality crucial for financial stability. This study develops a comparative Corporate Governance Index (CGI) for insurers, positioning ESG as its central analytical pillar. The model is structured around five dimensions: board composition and functioning, transparency and disclosure, shareholder rights, ESG integration, and the organisation of key functions under Solvency II. Using panel data for 2014–2024 covering insurers in Slovenia and selected South-East European countries, with particular focus on the Triglav and Sava Re groups, the research applies correlation and multivariate regression analysis to test the relationship between CGI values, ESG integration, company size, and market development. The findings conceptualise ESG as a structural determinant of governance quality rather than merely a reporting practice and offer a practical analytical tool for regulators and corporate decision-makers. corporate governance sustainable corporate governance insurance groups ESG integration corporate governance index true false true Angleški jezik Angleški jezik Znanstveno delo 2026-07-24 13:55:54 2026-07-24 13:55:54 2026-07-25 03:08:13 0000-00-00 00:00:00 2026 0 0 Str. 465-500 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 2026-07-03 658.114:368 283282435 286005507 10.18690/um.epf.7.2026.25 https://press.um.si/index.php/ump/sl/catalog/book/1126/chapter/1310 1 a1d08f5d-8756-11f1-8243-00155d0001be https://dk.um.si/Dokument.php?lang=slv&id=208601 RAZ_Kovacic_Sasa_2026.pdf RAZ_Kovacic_Sasa_2026.pdf 1 56EAF5B16FBA42CFC3F7A1A4696DDD41 37db9a6e692fdff803f061227a17a83f98cae8ee0a94414f33919571e3fd7c71 b46ad43d-8756-11f1-8243-00155d0001be https://dk.um.si/Dokument.php?lang=slv&id=208602 Ekonomsko-poslovna fakulteta 0 0 0