Abstract
Research Purpose: In a world grappling with climate change and social inequality, businesses face increasing pressure to operate sustainably. This study explores stakeholder capitalism as a potential driver of enhanced corporate performance, examining whether inclusive decision-making processes translate into tangible benefits.
Methodology: This research undertakes a comprehensive review of existing literature on stakeholder capitalism and its impact on business performance.
Findings: The review reveals that engaging stakeholders in decision-making fosters a sense of value and belonging within these stakeholder groups. This heightened sense of inclusion translates into increased commitment and dedication to the company’s success, ultimately driving improved performance.
Conclusion: Stakeholder capitalism offers a compelling framework for achieving both corporate sustainability and enhanced performance. By prioritising the interests of all stakeholders, businesses can create a virtuous cycle of shared value and collective prosperity.
Key words: Capitalism, Company, Performance, Stakeholders, Sustainability.
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