Corporate Governance im Praxistest
In this volume, authors from various countries present innovative, practice-relevant concepts for the effective management and supervision of companies and provide recommendations for governance practice. Renowned representatives of board practice such as Prof. Dr. Pius Baschera (Hilti AG), Dr. h.c. Franz Marty (Raiffeisen Group), Dr. h.c. Helmut Maucher (Nestlé SA), and Dr. Jürg Witmer (Clariant AG and Givaudan SA) provide critical comments.
Board ViewsFrom Corporate Governance of Sustainability to Sustainable Corporate Governance
What is the best way to integrate sustainability into the corporate governance framework? Boards of directors have chosen two distinct paths: the functional way, which focuses on corporate governance of sustainability, and the foundational approach, which leads to sustainable corporate governance. This article assesses the merits and limitations of both approaches and calls for a transition to sustainable governance. This requires board members to engage regularly with stakeholders and to continuously debate the underlying assumptions to further develop the governance framework as required.
