Agency Conflict in Corporate Governance and its Relation to Sustainability in Agribusiness
DOI:
https://doi.org/10.36363/rever.v14i1.19474Abstract
This research investigates corporate governance and sustainability in agribusiness, focusing on agency conflicts that arise when there is a divergence between the interests of managers and shareholders. The research is contextualized by the growing pressure on agribusiness companies to adopt more sustainable practices, balancing economic, social and environmental aspects. The overall objective is to explore how corporate governance can mitigate these conflicts and promote sustainability in the sector. The methodology adopted includes the Gifetean neoperspectivist paradigm, which considers objective and subjective truths, the hypothetical-deductive method for testing hypotheses and the Narrative Bibliographic and Documentary Review (NBDR), complemented by an analysis of multiple cases of large agribusiness companies. The main findings reveal that robust governance practices, such as technical assistance, certification, traceability, and agricultural innovation, are effective in aligning interests and promoting sustainability. Gaps were found in the need for greater farmer involvement and in the reliance on certifications. Theoretical contributions include advancing the understanding of governance and sustainability, while empirical contributions offer concrete applicable examples. Methodologically, the research presents an integrated approach that can be replicated in other contexts. The added value ranges from academia to business practice, promoting sustainable and responsible development in agribusiness.
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.