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Dias, C., Pereira, L. F. & Dias, Á. (N/A). Stakeholder capitalism: A new perspective on corporate sustainability. Corporate Governance. N/A

C. Dias et al.,  "Stakeholder capitalism: A new perspective on corporate sustainability", in Corporate Governance, vol. N/A, N/A

@article{diasN/A_1783700321611,
	author = "Dias, C. and Pereira, L. F. and Dias, Á.",
	title = "Stakeholder capitalism: A new perspective on corporate sustainability",
	journal = "Corporate Governance",
	year = "N/A",
	volume = "N/A",
	number = "",
	doi = "10.1108/CG-11-2025-0925",
	url = "https://www.emerald.com/cg"
}

TY  - JOUR
TI  - Stakeholder capitalism: A new perspective on corporate sustainability
T2  - Corporate Governance
VL  - N/A
AU  - Dias, C.
AU  - Pereira, L. F.
AU  - Dias, Á.
PY  - N/A
SN  - 1472-0701
DO  - 10.1108/CG-11-2025-0925
UR  - https://www.emerald.com/cg
AB  - Purpose
How companies operating in Europe operationalize stakeholder capitalism as a strategic and governance framework for achieving corporate sustainability.
Design/methodology/approach
A qualitative, exploratory and descriptive study using twenty semi-structured interviews with executives and sustainability managers, triangulated with corporate sustainability reports. Data were analyzed thematically and taxonomically using NVivo.
Findings
Companies exhibit a hybrid model of implementation that blends regulatory compliance (Corporate Sustainability Reporting Directive, European Sustainability Reporting Standards, GRI) with relational proximity and trust-based engagement. Leadership plays a decisive role in translating normative commitments into strategic actions, while environmental, social and governance impact measurement remains limited and fragmented.
Research limitations/implications
The study advances stakeholder theory by conceptualizing stakeholder capitalism as a dynamic capability that integrates ethical, strategic and relational dimensions within governance systems.
Practical implications
Managers should institutionalize stakeholder engagement through governance mechanisms, cross-functional coordination and transparent reporting to strengthen resilience and trust.
Originality/value
This research contributes rare empirical evidence from a European context, reframing stakeholder capitalism as an organizational capability that reconciles ethics, performance and sustainability within complex regulatory environments.
ER  -