Influência das práticas de governança corporativa na adoção de práticas ambientais e sociais: um recorte dos maiores empreendimento rurais brasileiros da “porteira para dentro

Abstract

Influence of Corporate Governance Practices on the Adoption of Environmental and So-cial Practices: A Focus on the Largest Brazilian Rural Enterprises "Inside the Gate"

Global demands for sustainable practices present both challenges and opportunities for Brazilian agribusiness, which must balance economic, social, and environmental interests while aligning with ESG expectations. Simultaneously, the country continues to contribute significantly to global food security and the supply of agricultural value chains. Corporate governance (CG) stands out as a key element in the business landscape, requiring efficient and transparent management to harmonize these interests. This study examines the influence of CG on the adoption of environmental and social practices in large Brazilian rural enterprises, utilizing data collected by the Brazilian Institute of Corporate Governance (IBGC) which were analyzed through a structural equation model. The results reveal strong and significant relationships between the latent CG variable and the variables measuring the adoption of social and environmental practices. This indicates that transparency and stakeholder balance promoted by CG require careful attention to environmental and social aspects in business management, strengthening sustainability and generating positive societal impacts. These findings carry significant implications for managers and policymakers, highlighting the importance of enhancing corporate governance mechanisms to achieve more effective social and environmental outcomes.

Keywords: ESG. Agribusiness. Corporate Governance. Socio-environmental practices.