Contribuições da adoção da política corporativa de sustentabilidade para a governança corporativa das empresas estatais

Abstract

This work, entitled Contributions of the Adoption of a Corporate Sustainability Policy for the Corporate Governance of State-Owned Companies, is part of a delimited study on the adoption of a corporate sustainability policy for the corporate governance of state-owned companies. In this sense, this research, which is characterized as bibliographic and documentary due to the way in which the research object points to the method, seeks to identify state-owned companies that have a sustainability policy proactively, thus maximizing both their market value and its contribution to the society in which it is established. Therefore, in this study, there is an interest in establishing the contributions of this policy. In this context, this research verifies that, considering the social function of public companies, an improvement is necessary to adapt to ESG and the current stakeholder capitalism, initially through a sustainability policy in all state-owned companies. The conclusion reveals that the evolution of capitalism places companies, whether private or state-owned, in a new paradigm: stakeholder capitalism. Therefore, the development of organizations in ESG is essential. Therefore, in the perception that, in this new panorama, the company is responsible for the impacts caused by its actions before all interested parties, the adoption of a corporate sustainability policy is necessary, with the aim of contributing to the development of the company's ESG. organization. However, based on the principle of legality, which establishes that the public servant can only do what is provided for in the legislation, to increase the adoption of corporate sustainability policy by state-owned companies, it is necessary to approve a law that, among other sustainability issues in state-owned companies, provides for the obligation for public companies to adopt a sustainability policy, so that the issue of sustainability in state-owned companies is treated as a priority and advanced into the company's strategy.