Towards a relational view of corporate ...
Document type :
Autre communication scientifique (congrès sans actes - poster - séminaire...): Communication dans un congrès avec actes
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Title :
Towards a relational view of corporate governance to preserve the biosphere
Author(s) :
Saves, Magali [Auteur]
Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 [CLERSÉ]
Bastianutti, Julie []
Lille University Management Lab - ULR 4999 [LUMEN]
Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 [CLERSÉ]
Bastianutti, Julie []

Lille University Management Lab - ULR 4999 [LUMEN]
Conference title :
EURAM (European Academy of Management ) 2023 :Transforming business for good
Conference organizers(s) :
European Academy of Management
City :
Dublin
Country :
Irlande
Start date of the conference :
2023-06-14
English keyword(s) :
corporate governance
environmental sustainability
boards of directors
biosphere
collective action
environmental sustainability
boards of directors
biosphere
collective action
HAL domain(s) :
Sciences de l'Homme et Société/Gestion et management
Sciences de l'Homme et Société/Economies et finances
Sciences de l'Homme et Société/Economies et finances
English abstract : [en]
Given the ecological emergency, companies have to consider the interests of the biosphere in their decision-making processes. Protecting the biosphere implies adopting a vision of the world in which this sphere embraces ...
Show more >Given the ecological emergency, companies have to consider the interests of the biosphere in their decision-making processes. Protecting the biosphere implies adopting a vision of the world in which this sphere embraces and restricts the social sphere, which itself frames the economic sphere, and in which all human and non-human actors should be considered (Petit et al., 2022). We show that recent developments in French corporate governance practices, while allowing them to better address ecological issues, do not embrace this worldview developed by the field of Ecological Economics that we adopt in this article. According to this framework, corporate governance needs to include representatives of the biosphere in its decision-making structures, which poses challenges insofar as it implies allowing non-humans to have their say. Several proposals have been put forward to "green" companies by including employees, local populations or scientists in their decision-making processes. We show that each category of stakeholder cannot ensure the representation of the biosphere's interests on its own. Since talking about the biosphere implies considering the interdependencies within it, only a diverse collective, a common, seems relevant to represent its interests. However, giving a place to biosphere representatives does not prefigure the real political power of these representatives over corporate decisions. As the consensus-building process tends to lead to the triumph of economic interests over ecological interests (Nyberg and Wright, 2013), it seems justified to us to allow a veto right to these representatives, in line with Banerjee's (2018) proposals.Show less >
Show more >Given the ecological emergency, companies have to consider the interests of the biosphere in their decision-making processes. Protecting the biosphere implies adopting a vision of the world in which this sphere embraces and restricts the social sphere, which itself frames the economic sphere, and in which all human and non-human actors should be considered (Petit et al., 2022). We show that recent developments in French corporate governance practices, while allowing them to better address ecological issues, do not embrace this worldview developed by the field of Ecological Economics that we adopt in this article. According to this framework, corporate governance needs to include representatives of the biosphere in its decision-making structures, which poses challenges insofar as it implies allowing non-humans to have their say. Several proposals have been put forward to "green" companies by including employees, local populations or scientists in their decision-making processes. We show that each category of stakeholder cannot ensure the representation of the biosphere's interests on its own. Since talking about the biosphere implies considering the interdependencies within it, only a diverse collective, a common, seems relevant to represent its interests. However, giving a place to biosphere representatives does not prefigure the real political power of these representatives over corporate decisions. As the consensus-building process tends to lead to the triumph of economic interests over ecological interests (Nyberg and Wright, 2013), it seems justified to us to allow a veto right to these representatives, in line with Banerjee's (2018) proposals.Show less >
Language :
Anglais
Peer reviewed article :
Oui
Audience :
Internationale
Popular science :
Non
Collections :
Source :
Submission date :
2023-09-07T06:07:57Z
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