Theory and Practice of Business under Sustainability Principles
Edited by Geoffrey Wells
Chapter 1: Towards an integrated conceptual framework for corporate social and environmental sustainability
Governments and societies throughout the world are increasingly calling on businesses to be environmentally and socially responsible, and many businesses appear to be responding to this call (Hart, 2007; Lubin and Esty, 2010). This inclusion of social and environmental sustainability in the business agenda has also resulted in enhanced academic attention. Thus in the last two decades, a growing number of academic studies have focussed on examining various aspects of corporate sustainability (for example, Bansal, 2005; Hart, 2007; Madsen, 2009; Wells, 2011). While these studies have considerably extended the understanding about corporate sustainability, researchers have yet to reach a definitive conclusion regarding the relative importance of the various factors that can drive organizations towards sustainability (Delmas and Montes-Sancho, 2010; Kassinis and Vafeas, 2006; Russo and Harrison, 2005). One explanation for this ambivalence is that researchers have used an either/or approach to theoretical frameworks while examining drivers of corporate social and environmental responsiveness.
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