Roida, Herlina (2024) Sustainability Performance and Democracy. Proceedings of The International Symposium on Transformative Ideas in a Changing World, 2. pp. 34-40. ISSN 2897-2596
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Abstract
The common account of both the sustainability performance of companies and democracy is participation. Participation allows stakeholders to come together and be involved in decisions, align interests, and goals to achieve together. Pursuing sustainable performance requires a governance system that can generate profits on a sustained basis and a social system that provides a solution to tensions arising from unfair trade or production activities. It also recognizes the right of people impacted by companies to adequate conditions of life economically, socially, and environmentally. Although several countries have mandatory sustainability reporting, democracy is increasingly regarded as the self-determination of people, thus the basis for realizing human rights. The internationalization of democracy can provide the institutional structures needed to foster participation culture and social values essential for sustainability performance transformation. However, the theoretical and practical linkage between the sustainability performance of companies and the internationalization of democracy is a crucial area yet to be fully explored. This paper proposes an integrated approach that respects the ideas of sustainability performance of companies, as well as democratic form corporate governance perspectives, by developing intertwined pathways between sustainability performance and democracy as a global movement.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Sustainability performance; democracy; participation; involvement |
| Subjects: | Business Digital Business Management > Business |
| Divisions: | Proceeding > Faculty of Business |
| Depositing User: | Herlina Yoka Roida |
| Date Deposited: | 16 Jul 2025 08:32 |
| Last Modified: | 16 Jul 2025 08:32 |
| URI: | https://repositori.ukwms.ac.id/id/eprint/43948 |
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