Forms of ownership for sustainability and resilience the need for biodiversity and corporate diversity
Tackling the climate crisis is one of the most important and urgent issues facing policymakers across the globe, at both government and corporate levels. Changing management decision-making and corporate behaviour are both key issues. What are the drivers and determinants of these behaviours? Owners...
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| Veröffentlicht in: | Economic policies for sustainability and resilience |
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| 1. Verfasser: | |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
2022
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| Schlagworte: | |
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Tag hinzufügen | Zusammenfassung: | Tackling the climate crisis is one of the most important and urgent issues facing policymakers across the globe, at both government and corporate levels. Changing management decision-making and corporate behaviour are both key issues. What are the drivers and determinants of these behaviours? Ownership and governance are both fundamental. These variously shape and influence the following: the purpose and objectives of the company, its goals and objectives, its corporate culture and values and its policies and practices. Shareholder-owned firms tend to prioritise the financial interests of the shareholder, and hence profit maximisation. Companies owned by their employees, customers and local communities are more likely to focus on the long-term interests of these constituencies. Yet such co-operative, mutual and co-owned companies, whilst having a long history, remain a minority form of ownership. The paper considers whether this is inevitable, or whether there is scope for greater corporate diversity. |
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| ISBN: | 9783030842871 |