Artikel

Corporate sustainability and responsibility: creating value for business, society and the environment

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.

Language
Englisch

Bibliographic citation
Journal: Asian Journal of Sustainability and Social Responsibility (AJSSR) ; ISSN: 2365-6417 ; Volume: 2 ; Year: 2017 ; Issue: 1 ; Pages: 59-74 ; Cham: Springer

Classification
Management
Subject
Corporate social responsibility
Corporate sustainability and responsibility
Creating shared value
CSR
Strategic CSR

Event
Geistige Schöpfung
(who)
Camilleri, Mark Anthony
Event
Veröffentlichung
(who)
Springer
(where)
Cham
(when)
2017

DOI
doi:10.1186/s41180-017-0016-5
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Camilleri, Mark Anthony
  • Springer

Time of origin

  • 2017

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