Stakeholder Conflict and Coordination Theory in Esg Governance

This article focuses on the issues of stakeholder conflicts and coordination in ESG governance. Firstly, the connotation and significance of ESG governance were expounded. Then, the interest demands of different stakeholders in ESG governance and the conflicts among them were deeply analyzed, including conflicts between shareholders and creditors, enterprises and employees, enterprises and consumers, enterprises and communities, as well as enterprises and the government. Subsequently, the application of stakeholder theory, corporate social responsibility theory, game theory and synergy theory in coordinating stakeholder conflicts in ESG governance was explored. Finally, a series of strategies to promote effective coordination among stakeholders in ESG governance were proposed, aiming to drive enterprises to achieve sustainable development and enhance overall social well-being.