Journal of Business Ethics 112 (2):241-255 (2013)
Abstract |
Prior research on sustainability in business often assumes that decisions on social and environmental investments are made for instrumental reasons, which points to causal relationships between corporate financial performance and corporate social and environmental commitment. In other words, social or environmental commitment should predict higher financial performance. The theoretical premise of sustainability, however, is based on a systems perspective, which implies a tighter integration between corporate financial performance and corporate commitment to social and environmental issues. In this paper, we describe the important theoretical differences between an instrumental and integrative logic in managing business sustainability. We test the presence of each logic using data from 738 firms over 13 years and find evidence of integrative logic applied in business.
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Keywords | Business sustainability Corporate social commitment Corporate environmental commitment Instrumental approach Integrative approach Simultaneous decision-making |
Categories | (categorize this paper) |
ISBN(s) | |
DOI | 10.1007/s10551-012-1245-2 |
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References found in this work BETA
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Citations of this work BETA
A Paradox Perspective on Corporate Sustainability: Descriptive, Instrumental, and Normative Aspects.Tobias Hahn, Frank Figge, Jonatan Pinkse & Lutz Preuss - 2018 - Journal of Business Ethics 148 (2):235-248.
Tensions in Corporate Sustainability: Towards an Integrative Framework.Tobias Hahn, Jonatan Pinkse, Lutz Preuss & Frank Figge - 2015 - Journal of Business Ethics 127 (2):297-316.
Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World.Christian Voegtlin & Andreas Georg Scherer - 2017 - Journal of Business Ethics 143 (2):227-243.
Inclusive Business at the Base of the Pyramid: The Role of Embeddedness for Enabling Social Innovations.Addisu A. Lashitew, Lydia Bals & Rob van Tulder - 2020 - Journal of Business Ethics 162 (2):421-448.
Corporate Governance and Executive Compensation for Corporate Social Responsibility.Bryan Hong, Zhichuan Li & Dylan Minor - 2016 - Journal of Business Ethics 136 (1):199-213.
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