Academic Journal
Corporate sustainability and responsibility: creating value for business, society and the environment
| Title: | Corporate sustainability and responsibility: creating value for business, society and the environment |
|---|---|
| Authors: | Mark Anthony Camilleri |
| Source: | Asian Journal of Sustainability and Social Responsibility. 2:59-74 |
| Publisher Information: | Springer Science and Business Media LLC, 2017. |
| Publication Year: | 2017 |
| Subject Terms: | Economic development, ddc:650, 05 social sciences, Social responsibility of business, Corporate sustainability and responsibility, 01 natural sciences, Management, 12. Responsible consumption, Economics -- Moral and ethical aspects, Creating shared value, Sustainable development, 11. Sustainability, 0502 economics and business, Strategic CSR, Business ethics, Business, Corporate social responsibility, CSR, 0105 earth and related environmental sciences |
| Description: | Today’s corporations are increasingly implementing responsible behaviours as they pursue profit-making activities. A thorosugh literature review suggests that there is a link between corporate social responsibility (CSR) or corporate social performance (CSP) and financial performance. In addition, there are relevant theoretical underpinnings and empirical studies that have often used other concepts, including corporate citizenship, stakeholder management and business ethics. In this light, this contribution reports on how CSR is continuously evolving to reflect contemporary societal realities. At the same time, it critically analyses some of the latest value-based CSR constructs. This review paper puts forward a conceptual framework for corporate sustainability and responsibility. It suggests that responsible business practices create economic and societal value by re-aligning their corporate objectives with stakeholder management and environmental responsibility. |
| Document Type: | Article |
| Language: | English |
| ISSN: | 2365-6417 |
| DOI: | 10.1186/s41180-017-0016-5 |
| Access URL: | https://ideas.repec.org/a/spr/ajossr/v2y2017i1d10.1186_s41180-017-0016-5.html https://core.ac.uk/display/93183558 https://ajssr.springeropen.com/articles/10.1186/s41180-017-0016-5 https://www.um.edu.mt/library/oar/handle/123456789/21832 https://link.springer.com/article/10.1186/s41180-017-0016-5 https://link.springer.com/content/pdf/10.1186%2Fs41180-017-0016-5.pdf http://hdl.handle.net/10419/217373 https://www.um.edu.mt/library/oar//handle/123456789/21832 |
| Rights: | CC BY |
| Accession Number: | edsair.doi.dedup.....87e128cbea1ccb04066ebfad126af44f |
| Database: | OpenAIRE |
| ISSN: | 23656417 |
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| DOI: | 10.1186/s41180-017-0016-5 |