It is the nature of powerful ideas that they can summarize a ground-breaking concept in a plain and simple message. In this sense, the concept of sustainability is a very powerful idea. However, although the sustainability debate has already brought about considerable conceptual progress, a pivotal dimension to sustainable development has so far been widely neglected. This article argues that in addition to the ecological, economic, and social dimension, sustainability critically depends on the moral dimension of institutional legitimacy. Against the backdrop of globalization, conventional models of creating and legitimizing institutions are increasingly challenged. Therefore, it is also business that is to play an ever more important role in contributing to fair and functioning institutions. The article discusses “corporate citizenship” as an economic concept as a useful starting point for this new understanding of the business of business. In effect, the underlying objective of this paper is to present a theoretical link between the concepts of sustainability and corporate citizenship. The central thesis is that private enterprises who cooperatively take responsibility for their institutional environment strengthen the moral dimension of institutional legitimacy: They actively contribute to empowering sustainability by corporate citizenship.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
European Corporate Sustainability Framework for Managing Complexity and Corporate Transformation.Marcel van Marrewijk & Teun W. Hardjono - 2003 - Journal of Business Ethics 44 (2-3):121-132.
Multiple Levels of Corporate Sustainability.Marcel Van Marrewijk & Marco Werre - 2003 - Journal of Business Ethics 44 (2/3):107 - 119.
Environmental and Economic Dimensions of Sustainability and Price Effects on Consumer Responses.Sungchul Choi & Alex Ng - 2011 - Journal of Business Ethics 104 (2):269-282.
Corporate Sustainability Reporting: A Study in Disingenuity? [REVIEW]Güler Aras & David Crowther - 2009 - Journal of Business Ethics 87 (1):279 - 288.
Beyond the Bounded Instrumentality in Current Corporate Sustainability Research: Toward an Inclusive Notion of Profitability. [REVIEW]Tobias Hahn & Frank Figge - 2011 - Journal of Business Ethics 104 (3):325-345.
European Corporate Sustainability Framework for Managing Complexity and Corporate Transformation.Marcel Van Marrewijk & Teun W. Hardjono - 2003 - Journal of Business Ethics 44 (2/3):121 - 132.
Institutional Conditions of Corporate Citizenship.Ronald Jeurissen - 2004 - Journal of Business Ethics 53 (1-2):87-96.
Added to index2009-01-28
Total downloads25 ( #205,461 of 2,178,181 )
Recent downloads (6 months)1 ( #316,504 of 2,178,181 )
How can I increase my downloads?