Hervainé Szabó, Gyöngyvér (2020) Stakeholder Capitalism and the EFQM Model 2020 for Corporate Management. POLGÁRI SZEMLE: GAZDASÁGI ÉS TÁRSADALMI FOLYÓIRAT, 16 (Spec.). pp. 368-384. ISSN 1786-6553
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Abstract
Stakeholder capitalism as an alternative to the neoliberal model of shareholder capitalism has become one of the most important issues in American, European and global business forums. It focused on the purpose of an organisation and on political programmes surrounding Prosperity, People, Planet, added to governance topics. The main driver behind business communities’ political activism is the adaptation to the UN/OECD standards for participation in global and regional investment flows related to sustainable business practices. Appropriate instruments are available for corporations committed to sustainability to adopt the best reporting systems. In contrast to these technical solutions, the national/European excellence awards offer a real and deep involvement, and true development for firms. The EFQM Model 2020 is an outstanding business management model designed for long-term purposes and easily adapted to all kinds of welfare capitalist systems, without political activism.
| Item Type: | Article |
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| Uncontrolled Keywords: | stakeholder capitalism, corporate governance, sustainability, excellence model |
| Subjects: | H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány > HB4 Dynamics of the economy / gazdasági folyamatok H Social Sciences / társadalomtudományok > HC Economic History and Conditions / gazdaság története és alapelvek > HC1 History of economic theories / közgazdasági elméletek |
| Depositing User: | Andrea Paár |
| Date Deposited: | 13 Apr 2021 10:04 |
| Last Modified: | 03 Apr 2023 07:12 |
| URI: | http://real.mtak.hu/id/eprint/123748 |
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