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The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy

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  • معلومة اضافية
    • Publication Information:
      Springer, 2014.
    • Publication Date:
      2014
    • Abstract:
      This article explores how corporate governance processes and structures are being used in large Australian companies to develop, lead and implement corporate responsibility strategies. It presents an empirical analysis of the governance of sustainability in fifty large listed companies based on each company's disclosures in annual and sustainability reports. We find that significant progress is being made by large listed Australian companies towards integrating sustainability into core business operations. There is evidence of leadership structures being put in place to ensure that board and senior management are involved in sustainability strategy development and are then incentivised to monitor and ensure implementation ofthat strategy through financial rewards. There is evidence of a willingness to engage and communicate clearly the results of these strategies to interested stakeholders. Overall, there appears to be a developing acceptance amongst large corporations that efforts towards improved corporate sustainability are not only expected but are of value to the business. We suggest that this is evidence of a managerial shift away from an orthodox shareholder primacy understanding of the corporation towards a more enlightened shareholder value approach, often encompassing a stakeholder-orientated view of business strategy. However, strong underlying tensions remain due to the insistent market emphasis on shareholder value.
    • ISSN:
      01674544
      15730697
    • Accession Number:
      10.1007/s10551-013-1750-y
    • Rights:
      © Springer Science+Business Media 2014
    • Accession Number:
      edsjsr.42921423
  • Citations
    • ABNT:
      ALICE KLETTNER; THOMAS CLARKE; MARTIJN BOERSMA. The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy. Journal of Business Ethics, [s. l.], v. 122, n. 1, p. 145, 2014. DOI 10.1007/s10551-013-1750-y. Disponível em: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.42921423&custid=s8280428. Acesso em: 23 fev. 2020.
    • AMA:
      Alice Klettner, Thomas Clarke, Martijn Boersma. The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy. Journal of Business Ethics. 2014;122(1):145. doi:10.1007/s10551-013-1750-y.
    • APA:
      Alice Klettner, Thomas Clarke, & Martijn Boersma. (2014). The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy. Journal of Business Ethics, 122(1), 145. https://doi.org/10.1007/s10551-013-1750-y
    • Chicago/Turabian: Author-Date:
      Alice Klettner, Thomas Clarke, and Martijn Boersma. 2014. “The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy.” Journal of Business Ethics 122 (1): 145. doi:10.1007/s10551-013-1750-y.
    • Harvard:
      Alice Klettner, Thomas Clarke and Martijn Boersma (2014) ‘The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy’, Journal of Business Ethics, 122(1), p. 145. doi: 10.1007/s10551-013-1750-y.
    • Harvard: Australian:
      Alice Klettner, Thomas Clarke & Martijn Boersma 2014, ‘The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy’, Journal of Business Ethics, vol. 122, no. 1, p. 145, viewed 23 February 2020, .
    • MLA:
      Alice Klettner, et al. “The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy.” Journal of Business Ethics, vol. 122, no. 1, 2014, p. 145. EBSCOhost, doi:10.1007/s10551-013-1750-y.
    • Chicago/Turabian: Humanities:
      Alice Klettner, Thomas Clarke, and Martijn Boersma. “The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy.” Journal of Business Ethics 122, no. 1 (2014): 145. doi:10.1007/s10551-013-1750-y.
    • Vancouver/ICMJE:
      Alice Klettner, Thomas Clarke, Martijn Boersma. The Governance of Corporate Sustainability: Empirical Insights into the Development, Leadership and Implementation of Responsible Business Strategy. Journal of Business Ethics [Internet]. 2014 [cited 2020 Feb 23];122(1):145. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.42921423&custid=s8280428