Corporate Sustainability and Sustainable Enterprises
Copyright (c) 2023 Horváth Klaudia Gabriella
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Abstract
The topic of corporate sustainability was analysed in the paper with regard to how theories are consistent with the applicability of international corporate sustainability frameworks and indices. The results show that the frameworks and indices that classify companies as “sustainable” usually view corporate sustainability as a way of balancing the positive and negative effects of business. Hence, companies considered to be sustainable often do not represent values related to corporate sustainability and sustainable development. In this context, the key to encouraging strategic thinking about corporate sustainability lies in connecting profit oriented and sustainability aspects of business operations. Consequently, instead of applying comprehensive international indices, the development of the companies’ own sustainability measurement models based on individual priorities is recommended.
Keywords:
How to Cite
References
Akgiray, Vedat (2019): Good Finance: Why We Need a New Concept of Finance. Bristol: Bristol University Press. Online: https://doi.org/10.46692/9781529200034
Ansoff H. Igor (1979): Strategic Management. New York: Wiley. Online: https://doi.org/10.46692/9781529200034
Aras, Güler – Crowther, David (2008): Governance and Sustainability: An Investigation into the Relationship between Corporate Governance and Corporate Sustainability. Management Decision, 46(3), 433–448. Online: https://doi.org/10.1108/00251740810863870
Asif, Muhammad – Searcy, Cory – Zutshi, Ambika – Ahmad, Niaz (2010): An Integrated Management Systems Approach to Corporate Sustainability. European Business Review, 23(4), 353–367. Online: https://doi.org/10.1108/09555341111145744
Bansal, Pratima (2005): Evolving Sustainably: A Longitudinal Study of Corporate Sustainable Development. Strategic Management Journal, 26(3), 197–218. Online: https://doi.org/10.1002/smj.441
Baranyai Gábor – Csernus Dóra Ildikó szerk. (2018): A fenntartható fejlődés és az állam feladatai. Budapest: Dialóg Campus.
Bárth-Fehér Szilvia (2012): Fenntarthatóság a hazai vállalati gyakorlatban – A „Versenyben a világgal” kutatási program 2009. évi kérdőíves felmérés eredményeinek vizsgálata. Vezetéstudomány, 43(10), 44–55. Online: https://doi.org/10.14267/VEZTUD.2012.10.04
Boda György – Juhász Péter – Matyusz Zsolt – Stocker Miklós (2021): A fenntartható gazdasági növekedés és a tudástőke. Közgazdasági Szemle, 68(különszám), 2–35. Online: https://doi.org/10.18414/KSZ.2021.k.2
Carroll, B. Archie (1979): A Three-Dimensional Conceptual Model of Corporate Performance. The Academy of Management Review, 4(4), 497–505. Online: https://doi.org/10.2307/257850
Csath Magdolna szerk. (2020a): A fenntarthatóság árnyalatai. Budapest: Ludovika.
Csath Magdolna (2020b): A fenntarthatóság mint emberi és társadalmi fejlődés. Acta Humana, 8(2), 25–65. Online: https://doi.org/10.32566/ah.2020.1.2
Dabóczi Kálmán (1998): Fogalmak által megcsalatva–Kísérlet céljaink és eszközeink embert szolgáló meghatározására. Kovász, 2(3), 16–31.
Daly, E. Herman (1991): Steady State Economics. Washington, D.C.: Island Press.
Dudás Katalin (2013): Fenntarthatatlan növekedés, fenntarthatatlan fogyasztás. Fenntarthatatlan marketing? Marketing & Menedzsment, 47(4), 24–35.
Elkington, John (1997): Cannibals with Forks: The Triple Bottom Line of 21st Century Business. Oxford: Capstone.
Farkas Beáta (2022): A közgazdasági gondolkodás rövid története. Budapest: Akadémiai. Online: https://doi.org/10.1556/9789634547426
Farkas Szilveszter (2016): A fenntarthatóság vállalati szintű mutatói, jelentései. Online: https://kgk.sze.hu/images/dokumentumok/VEABtanulmanyok/farkas_szilveszter.pdf
Figge, Frank – Hahn, Tobias (2004): Sustainable Value Added-measuring Corporate Contributions to Sustainability beyond Eco-efficiency. Ecological Economics, 48(2), 173–187. Online: https://doi.org/10.1016/j.ecolecon.2003.08.005
Fowler, J. Stephen – Hope, Charled (2007): A Critical Review of Sustainable Business Indices and their Impact. Journal of Business Ethics, 76(3), 243–252. Online: https://doi.org/10.1007/s10551-007-9590-2
Freeman, F. Edward (1984): Strategic Management: A Stakeholder Approach. Cambridge: Cambridge University Press.
Hahn, Tobias – Pinkse, Jonatan – Preuss, Lutz – Figge, Frank (2015): Tensions in Corporate Sustainability: Towards an Integrative Framework. Journal of Business Ethics, 127(2), 297–316. Online: https://doi.org/10.1007/s10551-014-2047-5
Harangozó Gábor (2008): A környezeti teljesítményértékelés módszerei. Vezetéstudomány, 39(2), 38–50. Online: https://doi.org/10.14267/VEZTUD.2008.02.03
Henderson, Rebecca (2020): Reimagining Capitalism in a World on Fire. New York: PublicAffairs.
Hörsch, Jacob – Schaltegger, Stefan (2019): Business, the Natural Environment, and Sustainability: A Stakeholder Theory Perspective. In Harrison, S. Jeffrey (szerk.): The Cambridge Handbook of Stakeholder Theory. Cambridge: Cambridge University Press, 132–147. Online: https://doi.org/10.1017/9781108123495.008
Jones, M. Thomas – Harrison, S. Jeffrey (2019): Sustainable Wealth Creation. Applying Instrumental Stakeholder Theory to the Improvement of Social Welfare. In Harrison, S. Jeffrey (szerk.): The Cambridge Handbook of Stakeholder Theory. Cambridge: Cambridge University Press, 77–97. Online: https://doi.org/10.1017/9781108123495.005
Kocsis Tamás (1999): A jövő közgazdaságtana? Kovász, 3(3), 131–164.
Lee, Ki-Hoon (2012): Linking Stakeholders and Corporate Reputation towards Corporate Sustainability. International Journal of Innovation and Sustainable Development, 6(2), 219–235. Online: https://doi.org/10.1504/IJISD.2012.046947
Lo, Shih-Fang – Sheu, Her-Jiun (2007): Is Corporate Sustainability a Value-Increasing Strategy for Business? Corporate Governance: An International Review, 15(2), 345–358. Online: https://doi.org/10.1111/j.1467-8683.2007.00565.x
Lozano, Rodrigo (2015): A Holistic Perspective on Corporate Sustainability Drivers. Corporate Social Responsibility and Environmental Management, 22(1), 32–44. Online: https://doi.org/10.1002/csr.1325
Maletič, Matjaž – Maletič, Damjan – Dahlgaard, Jens J. – Dahlgaard-Park, Su Mi – Gomiscek, Bostjan (2015): Do Corporate Sustainability Practices Enhance Organizational Economic Performance? International Journal of Quality and Service Sciences, 7(2–3), 184–200. Online: https://doi.org/10.1108/IJQSS-02-2015-0025
Málovics György – Bajmóczy Zoltán (2009): A fenntarthatóság közgazdaságtani értelmezései. Közgazdasági Szemle, 56(5), 464–483.
Málovics György (2011): A vállalati fenntarthatóság értelmezéséről. Szeged: JATEPress.
Mazzucato, Mariana (2018): The Value of Everything: Making and Taking in the Global Economy. London: Allen Lane.
Mio, Chiara – Costantini, Antonio – Panfilo, Silvia (2022): Performance measurement tools for sustainable business: A systematic literature review on the sustainability balanced scorecard use. Corporate Social Responsibility and Environmental Management, 29(2), 367–384. Online: https://doi.org/10.1002/csr.2206
Montiel, Ivan – Delgado-Ceballos, J. (2014): Defining and Measuring Corporate Sustainability: Are We There Yet? Organization & Environment, 27(2), 1–27. Online: https://doi.org/10.1177/1086026614526413
Nunhes, V. Thaís – Bernardo, Merce– Oliveira, Otávio José de (2020): Rethinking the Way of Doing Business: A Reframe of Management Structures for Developing Corporate Sustainability. Sustainability, 12(3), 1177. Online: https://doi.org/10.3390/su12031177
Radácsi László (2021): Felelős és fenntartható vállalat. Budapest: Saldo.
Reszegi László (2004): A tulajdonosi érték növelése – a vállalati teljesítménymérés koordinátarendszerének néhány problémája. Vezetéstudomány, 35(7–8). 4–15.
Roca, C. Laurence – Searcy, Cory (2012): An analysis of indicators disclosed in corporate sustainability reports. Journal of Cleaner Production, 20(1), 103–118. Online: https://doi.org/10.1016/j.jclepro.2011.08.002
Sachs, Jeffrey (2008): Common Wealth: Economics for a Crowded Planet. London: Allen Lane.
Schumacher, E. F. (1973): Small is Beautiful. A Study of Economics as if People Mattered. London: Blond & Briggs.
Schwarzer, A. Johannes (2014): Growth as an Objective of Economic Policy in the Early 1960s: The Role of Aggregate Demand. Cahiers d’économie Politique, 67(2), 175–206. Online: https://doi.org/10.3917/cep.067.0175
Siew, Y. J. Renard (2015): A Review of Corporate Sustainability Reporting Tools (SRTs). Journal of Environmental Mangement, 164(60), 180–195. Online: https://doi.org/10.1016/j.jenvman.2015.09.010
Stiglitz, E. Joseph (2012): The Price of Inequality: How Today’s Divided Society Endangers Our Future. London és New York: W.W. Norton & Company.
Szennay Áron (2020): A vállalati társadalmi felelősségvállalás megközelítései és a fenntartható fejlődés. Közgazdasági Szemle, 67(10), 1057–1074. Online: https://doi.org/10.18414/KSZ.2020.10.1057
Tomka Béla (2011): Gazdasági növekedés, fogyasztás és életminőség. Budapest: Akadémiai.
Torelli, Riccardo (2021): Sustainability, Responsibility and Ethics: Different Concepts for a Single Path. Social Responsibility Journal, 17(5), 719–739. Online: https://doi.org/10.1108/SRJ-03-2020-0081
Tóth Gergely (2003): Vállalatok környezeti érdemrendje–A vállalati fenntarthatóság minősítéséről és ennek nehézségeiről. Kovász, 7(1–2), 5–26.
Vollrath, Dietrich (2020): Fully Grown: Why a Stagnant Economy Is a Sign of Success. Chicago: Chicago University Press. Online: https://doi.org/10.7208/chicago/9780226666143.001.0001
Zsupanekné Dr. Palányi Ildikó (2005): A fenntartható növekedés makrogazdasági és vállalati szinten. Online: http://publikaciotar.uni-bge.hu/112/1/ewp_0504_09.pdf