Value Creation Impact: Role of Stakeholders in the Development of Sustainable Foreign Trade

Alvarez-Risco A.; Anderson-Seminario M.M.; Campos-Dávalos N.; Ángeles Castillo-Butrón L.; Cuya-Velásquez B.B.; Del-Aguila-Arcentales S.; Gómez-Prado R.; Sánchez-Palomino J. · Contributions to Management Science (2023) · DOI: 10.1007/978-3-031-43785-4_3

Resumen

Sustainable trends are on the rise within international trade as companies create value for stakeholders based on the needs of each stakeholder but aligned to sustainable flows. Therefore, the article aims to identify the impact of the role of stakeholders in the development of sustainable foreign trade incorporating the SDGs. The article shows that the development of various sustainable strategies significantly impacts corporate reputation and provides better management in various areas of a company. At the same time, sustainability in an organization increases competitive advantage by improving global value chains and the perception of consumers and other stakeholders. Internationalization in companies is very common in today’s highly competitive and saturated markets, in addition to the fact that they must adapt to the goals of the global sustainable agenda. Therefore, companies are developing different sustainable activities that involve stakeholders, government, and organizations. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2023.

Instituciones: Universidad San Ignacio de Loyola; Universidad Tecnológica del Perú; Universidad de Lima