Sustainable Negotiation as a Sustainable Business Practice

  • Līga Briķena (Speaker)

Activity: Talk or presentation typesPoster presentation

Description

Novel research suggests that negotiation plays a vital role in succeeding of sustainable transitions. Sustainable negotiation is characterized by a focus on creating mutually beneficial outcomes. Furthermore, integration of environmental, social and governance criteria into dealmaking leads to long-term sustainability of a deal as a negotiation outcome. Negotiation fosters an establishment of sustainable business partnerships. Sustainable business practices are typically conceptualizing in research as a combination of economic, social, environmental, and governance dimensions. The objectives of this study is to identify a notion of sustainability aspects of negotiation as a sustainable business practice and distinguish main characteristics of sustainable negotiation. A scientific literature analysis was conducted for setting a theoretical base of sustainability aspects of sustainable negotiation as a sustainable business practice. Structured interviews with entrepreneurs and managers were conducted to study main characteristics of sustainable negotiation process in business environment. The article consists of introduction, two parts, conclusion, and discussion. . The results of the study reveal that negotiation process is a subject of incorporating sustainability considerations as a sustainable business practice.. The study concludes that further research on integrative negotiation framework development  and more guidance  on integration of sustainability dimensions into the negotiation process of business environment are needed
Period29 Mar 2023
Event titleRSU Research week 2023: PLACES
Event typeConference
Conference number3
OrganiserRīga Stradiņš University
LocationRīga, LatviaShow on map
Degree of RecognitionInternational