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Title: Corporate sustainability and responsibility : creating value for business, society and the environment
Authors: Camilleri, Mark Anthony
Keywords: Management
Social responsibility of business
Sustainable development
Economic development
Economics -- Moral and ethical aspects
Business ethics
Issue Date: 2017
Publisher: Springer
Citation: Camilleri, M. A. (2017). Corporate sustainability and responsibility : creating value for business, society and the environmentAsian Journal of Sustainability and Social Responsibility. In press.
Abstract: Today’s corporations are increasingly implementing responsible behaviours as they pursue profit-making activities. A thorough 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.
Appears in Collections:Scholarly Works - FacMKSCC

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