Guest editorial: Navigating stakeholder capitalism: exploring holistic business conduct and guiding principles

[...]of such endeavors, sustainability is now a mainstream term and has taken center stage on the agenda of most businesses. [...]complementary to the first one, a set of conceptual and practical inquiries on what constitutes Responsible Business Conduct and what principles should guide it. Accordin...

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Bibliographic Details
Published in:Corporate governance (Bradford) 2025-01, Vol.25 (1), p.1-6
Main Authors: Matser, Ivo, Gring-Pemble, Lisa, Brusoni, Manuela
Format: Article
Language:English
Subjects:
Business models
Capitalism
Case studies
International organizations
Leadership
Principles
Small & medium sized enterprises-SME
Stakeholders
Sustainability
Value creation
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Summary:[...]of such endeavors, sustainability is now a mainstream term and has taken center stage on the agenda of most businesses. [...]complementary to the first one, a set of conceptual and practical inquiries on what constitutes Responsible Business Conduct and what principles should guide it. According to the authors, traditional theories of capitalism, while acknowledging various stakeholders, often fall short in achieving a balanced approach, as they tend to prioritize the interests of a specific stakeholder group. [...]theories are challenged by the relationship between capitalism and democratic principles, which underscore the importance of finding sustainable compromises to accommodate diverse interests. The authors contribute to a more holistic understanding of business by exploring how reputational capital is affected by conscious business practices and generational differences.
ISSN:1472-0701
1758-6054
DOI:10.1108/CG-02-2025-581