Reflections on the controversies of the stakeholder capitalism model as a factor of value creation in the brazilian beef chain:
relevant or inoperative?
DOI:
https://doi.org/10.5585/2024.23761Keywords:
environmental, Social and Corporate Governance (ESG), UN Agenda 2030, social and environmental sustainability, capitalism stakeholdersAbstract
Objective of the study: to analyze the management possibilities for stakeholders in the creation of value in the Brazilian beef chain.
Methodology: bibliometric review referring to publications in SCOPUS database in the period between 2013 and 2023.
Originality/Relevance: lack of research on the assumptions of the Stakeholder Capitalism model and Environmental, Social and Corporate Governance (ESG) in creating value in the Brazilian beef chain. A discussion and update of the Declarations of the Business Roundtable of the Davos Forum (2020) is proposed, focusing on two epistemological approaches: the idealist perspective of Beber & Rangel (2020) and the realistic perspective of Bebchuk & Tallarita (2020).
Results: the results identified in the review point to two opposite directions in line with the interests of the two determining power groups: on the one hand, sector's entrepreneursand the federal government, and on the other hand, consumers. The former through an exclusively conservative conception that prioritizes the interests of shareholders, the latter by promoting a new culture focused on sustainability, as recommended by the assumptions of the ESG incorporated into the pillars of the Stakeholder Capitalism model.
Social/management contributions: The contribution of the research is to critically discuss the relevance or ineffectiveness of adopting reference procedures and updating models that are presented as good practices in the new contemporary competitive scenarios for the southwest region of Mato Grosso in the adoption of good practices for sustainable development in line with the precepts of the UN 2030 Agenda.
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