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)
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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...
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The use of terminology is critical when making an argument (Walton, 1990). A research paper correctly determining a valid and unbiased result necessitates defining the expressions and vocabulary used ...
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‘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...
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This research demonstrates that asking business leaders about the environment often elicits results concerning the internal environment of the firm, which are then misrepresented as comments on global...
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This paper, therefore, presents an argument that many research papers within the realm of sustainability are creating biased and misrepresented results based upon a misapplication of terminology and a...
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The term sustainability has been applied in business scenarios to represent the continuing health of the company and hence its ongoing survival within an industry (Friedman, 2007) and simultaneously t...
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Further, companies have utilized marketing productivity metrics to demonstrate how expenditures improve shareholder value (Rust et al., 2004) for decades. As such, claims noting that business needs to...
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While arguing the necessity to implement environmental controls, many sustainability researchers have sought to introduce non-economic and nonaccounting-based metrics designed to skew the results of m...
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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...
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Moreover, Bateh et al. (2014, p. 1) further demonstrate that “a basic definition of organization sustainability must include longevity and retaining of core principles or purposes, regardless of inter...
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