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Corporate Behavior and Sustainability

Corporate Behavior and Sustainability
Author: Güler Aras
Publisher: Taylor & Francis
Total Pages: 284
Release: 2016-10-04
Genre: Business & Economics
ISBN: 1317159551

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Companies can no longer expect to engage in dubious or unethical corporate behaviour without risking their reputation and damaging, perhaps irrevocably, their market position. Irresponsible corporate behavior not only deprives shareholders of long-term returns but also ultimately imposes a cost on society as a whole. Sustainable business is about ensuring that entities contribute toward positive social, environmental, and economic outcomes. Bad business behaviour is costly for stakeholders, for markets, for society, and the economy alike. To ensure that a company behaves well, the buy-in of the leadership team is crucial. The full commitment of the board of directors, in conjunction with the senior managers of the organization, is required if an organization is to be socially responsible. In this sense, leadership does not reside with an individual (the CEO) within the organization but with all of those at the apex of corporate power and control. Effective change management requires enlightened and capable leadership to instigate and drive the process of embedding a sustainable and socially responsible corporate philosophy and culture that supports good business decision-making. A profound understanding of the requirements of such a leadership process will help corporate managers become highly effective change agents. Governance will be the main driver of this change. For the economy and financial markets to become sustainable and resilient, radical changes in corporate leadership need to take place. Integrated reporting, government regulation, and international standards will all be important factors in bringing about this change. As well as understanding the effects of corporate behavior on financial markets, such an understanding is also now imperative in relation to the social and environmental contexts.


Corporate Responsibility and Sustainable Development

Corporate Responsibility and Sustainable Development
Author: Lez Rayman-Bacchus
Publisher: Routledge
Total Pages: 234
Release: 2021-07-04
Genre: Business & Economics
ISBN: 1351391410

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This book explores the overlapping interests of corporate responsibility and sustainable development, specifically focusing on the dynamics of social change, sustainability governance and evaluation, and creating social value. Corporate Responsibility and Sustainable Development: An Integrative Perspective draws on ideas and research relevant to both concepts, highlighting the interdependent nature of corporate strategy and policymaker ambition. The authors seek to capture that any evaluation of responsibility for sustainable development demands multiple lenses. They propose an integrative understanding to tackling global challenges around sustainable development and focus on four themes: contextualisation; perspectives on social change; sustainability governance and evaluation; and creating social value. Overall, the book takes an evaluative approach, using these themes as lenses for engaging with global challenges, which encourages reflection and informed action. Written by two highly experienced authors, this book integrates short case studies and chapter questions throughout the text, in order to reinforce learning and help readers reconcile ideas presented with real world issues. It will be an essential resource for tutors and advanced undergraduate and postgraduate students of business, governance and corporate governance, corporate social responsibility (CSR), sustainability and sustainable development, stakeholder theory, business ethics, and politics.


The Durable Corporation

The Durable Corporation
Author: Güler Aras
Publisher: CRC Press
Total Pages: 295
Release: 2016-03-23
Genre: Business & Economics
ISBN: 1317035194

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Sustainability is normally considered to be about choices for the future being limited by decisions made in the present, and is frequently portrayed as concerning environmental issues alone. The Durable Corporation rejects both of these notions to argue that sustainability is a more complex concept that involves balancing many factors. It explores the nature, value and role of sustainability in business and maintains that resource utilization must be based upon the twin pillars of equity and efficiency rather than attempting to ensure that our choices in the future are not reduced. The authors of The Durable Corporation propose a new model of sustainability and a fresh approach to managing resources. They extend this to the development of difference strategies for achieving sustainability and an alternative approach to managing for the future. These features make it essential reading for all those with responsibility for the sustainability or durability of the enterprises in which they are engaged or in the study of the issues at stake.


Business Strategy for Sustainable Development

Business Strategy for Sustainable Development
Author: DIANE Publishing Company
Publisher: DIANE Publishing
Total Pages: 147
Release: 1994-07
Genre: Business
ISBN: 0788110489

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Determines the role of bus. in SD and the market and profit opportunities it presents; defines the strategic choices available to bus. enterprises in relation to SD and the environment, the internat'l. usage of each strategy, and the determinants involved; assesses how managing for SD will require revisions to current mgmt. systems; explores in detail the stakeholder relations and corp. reporting aspects of the mgmt. system; and recommends action by gov't. , bus., and other parties that would encourage bus. enterprises to contribute more actively to global SD.


Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements

Principles and Strategies to Balance Ethical, Social and Environmental Concerns with Corporate Requirements
Author: Maria-Alejandra Gonzalez-Perez
Publisher: Emerald Group Publishing
Total Pages: 249
Release: 2013-05-02
Genre: Business & Economics
ISBN: 1781906289

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This is the second in a two volume study of Corporate Social Responsibility (CSR) and corporate behaviour from around the world, taking in viewpoints from five continents and over ten countries. These case studies represent one of the most comprehensive collections on contemporary business practices in the significant area of Corporate Social Respo


Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World

Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World
Author: Pérez, Andrea
Publisher: IGI Global
Total Pages: 355
Release: 2021-09-17
Genre: Business & Economics
ISBN: 1799880672

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The COVID-19 global pandemic has had a profound impact on the global business community. Amidst the ongoing crisis, countries around the world are opening up again to a business world in which both consumer behaviors and company practices have started to change. Numerous companies are using corporate social responsibility to demonstrate their commitment to fighting against COVID-19 and alleviating the negative consequences of the pandemic for their stakeholders; due to this, corporate social responsibility is expected to become a core issue for managers and researchers in the post-pandemic era. Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World discusses the challenges and opportunities of corporate social responsibility and studies the reactions to the COVID-19 global pandemic that may lead to changes in corporate social responsibility, corporate approaches to sustainable development goals, and stakeholders' reactions to the post-COVID-19 era. This book addresses the opportunities for businesses to shift towards more genuine and authentic corporate social responsibility that contributes to addressing urgent social and environmental challenges. Covering topics from social entrepreneurship typologies to sustainability leaders, this book is ideal for managers, executives, entrepreneurs, business professionals and practitioners, policymakers, academicians, researchers, and students.


Local Economic and Employment Development (LEED) Corporate Social Responsibility Partners for Progress

Local Economic and Employment Development (LEED) Corporate Social Responsibility Partners for Progress
Author: OECD
Publisher: OECD Publishing
Total Pages: 154
Release: 2001-10-10
Genre:
ISBN: 9264194851

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This book provides a comprehensive overview of Corporate Social Responsibility experiences and practices at the local level. It illustrates that partnerships provide a powerful mechanism for helping firms become more socially responsible.


What is the Role of the Corporation in Creating Sustainable Societies?

What is the Role of the Corporation in Creating Sustainable Societies?
Author: Giulia Neuhaus
Publisher: GRIN Verlag
Total Pages: 22
Release: 2021-03-02
Genre: Social Science
ISBN: 3346354822

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Essay from the year 2019 in the subject Sociology - Individual, Groups, Society, grade: 65/100, University of Leeds (School of Earth and Environment), language: English, abstract: This essay elaborates on the role of the corporation in creating sustainable societies. It draws on different concepts, such as Corporate Social Responsibility (CSR) and benefit corporations, and argues for a systemic change regarding the relationship between private sector, societies and the natural environment to create an environment for sustainable societies to thrive. In 1972, the simulation study Limits to Growth issued a warning on perpetual economic growth within the system of finite resources of planetary boundaries. Since the threats of ceaseless growth have been recognized, the pursuit of sustainability has been high on the global agenda. The term is premised on the definition of sustainable development from the report Our Common Future, which limits the satisfaction of present needs to the extent it hampers future generations to satisfy their own. It triggered an accruing plethora of diverging definitions, each taking a different angle on the concept in order to meet the manifold prerequisites of its convoluted nature. Due to the ambiguous interpretations of sustainability, there is no objective ‘ideal state’ societies can aim for. Coomer (1981) elaborates that sustainable societies seek to find "an equitable relationship with the physical environment (...) [and] will not generate changes that may seriously impair that which sustains [them] [...]", which emphasizes the notion of development rather than achievement. Paired with the ‘Brundtland+’ definition by Van de Kerk and Manuel (2008), sustainable societies effectuate sustainable development while "each human being has the opportunity to develop itself in freedom, within a well-balanced society and in harmony with its surroundings" and "looking for alternative ways of growing".