Ouverture de ‘CSR and Multi-Stakeholder Management’

• Main Authors: Silvio M. Brondoni, Luisa Bosetti, Chiara Civera
• Format: Article
• Language: English
• Published: Niccolò Cusano University-Rome 2019-09-01
• Series: Symphonya
• Subjects: multi-stakeholder management; sustainability; corporate governance; transparency; global markets; agrochemical companies; climate change risk management
• Online Access: https://symphonya.unicusano.it/article/view/13177

For a long time, boardroom decision-making focused almost exclusively on economic expectations of major shareholders.  During the last thirty years, this approach to corporate governance progressively changed and now responsible companies strive to meet all relevant stakeholders’ expectations, and this requires acknowledging the close links among economic, social and environmental performance for the creation of shared value and lasting prosperity.  More and more, in the ‘oversize economy’, robust corporate governance is based on the awareness that long-term value creation for shareholders cannot exist without a multi-stakeholder management approach. On the contrary, multistakeholder satisfaction generates positive effects on the relationships with employees, customers, suppliers and financiers.