In some cases, they have a direct vote: shareholders aligned with activist groups have been increasingly successful at forcing proxy votes on social and environmental issue" (Savitz & Weber, 2006).

Even more, politics are indirectly connected with TBL practices and stakeholders. The connection is made by stakeholders that may vote for or against candidates that favor or not the company in case, thus affecting the future activity of the company.

As mentioned above, it is difficult to make profit and protect the environment or support the community at the same time. But there may be solutions to this problem. For example, companies interested in including TBL in their Financial Reporting practices can try to find unexplored niche areas presenting opportunities of connections between social benefits and achieving profit.

For example, companies providing certain types of services may provide pro bono counseling for certain customer categories. However, there are cases in...
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