Corporate Sustainability and Social Responsibility are about Resilient Companies
Date: 2023-04-22
Source: https://craigwright.net/blog/academics/corporate-sustainability-and-social-responsibility-are-about-resilient-companies
‘Sustainability’ has become a widely used term in business. The term has been linked to the concept of the environment, with many corporate activists seeking to make businesses, rather than government or individuals in NGOs, responsible for setting standards and delivering universal minimums across industries. As a result, corporate social responsibility (CSR) has become a widely deployed buzzword. Yet, the purpose of corporate social responsibility lies in the development of resilient companies. Moreover, the underlying activities undertaken in promoting sustainability within academic research would seem to be at odds with the reality of global sustainability. Crucially, it is well documented that the growth of economic wealth leads to improvements in both social welfare and concern for the environment. Hence, socialist-facing ideas that have been promoted within industries undermine outcomes such as the protection of the environment. This paper demonstrates that many researchers that seem to be aligned with sustainability misapply terms and utilize fully defined definitions in creating research outcomes aligned with biased research designed to deliver a predefined result.
Extracted Insights (48 total, showing top 10)
171w · thesis:0
Abstract. Sustainability has become a widely used term in business. The term has been linked to the concept of the environment, with many corporate activists seeking to make businesses, rather than go...
170w · thesis:0
‘Sustainability’ has become a widely used term in business. The term has been linked to the concept of the environment, with many corporate activists seeking to make businesses, rather than government...
151w · thesis:1
Following the introduction of modern economics (Skousen, 2015), adherents of Adam Smith (1776) contended with those who saw immorality in business or an impending end to growth (Zweig, 1979), which in...
145w · thesis:0
Despite public companies releasing profit reports, the level of profitability reported in papers such as this one does not follow standard accounting practice. Rather, profitability is reported using ...
140w · thesis:1
Christiansen (2003; Christensen et al., 2006) have documented how crucial the role of innovation is to the sustainable position of a company. Analyzing companies in this manner makes it possible to ar...
140w · thesis:0
Equally, research such as that from Paulraj (2017) provides similar findings by failing to define terminology adequately and allowing those being interviewed to confound results. For instance, in area...
136w · thesis:0
Next, Lui et al. (2021) demonstrate that Blockchain and IoT-based smart tracking can also work for high-risk industries such as the drug supply chain. The use of ‘smart contract’ solutions coupled wit...
136w · thesis:0
Paulraj et al. (2017, p. 239) begin with an assertion that “[m]any researchers believe the tremendous industrial development over the past two centuries is unsustainable because it has led to unintend...
131w · thesis:0
To this end, Riemann (1986, p. 51) promoted the concept of “[t]he pursuit of excellence – be it in product quality, competitive position, or innovation,” noting that it “will not be undertaken for its...
128w · thesis:0
As Lamming et al. (2001) demonstrated, many existing practices are wasteful and inefficient, but transparency and openness enable both the customer and supplier at each stage of the SCM process to exa...
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