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The role of corporate social responsibility in strong sustainability

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  • Málovics, György
  • Csigéné, Noémi Nagypál
  • Kraus, Sascha
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    Abstract

    The aim of this paper is to analyze to what extent corporate social responsibility (CSR) contributes to strong sustainability, i.e. to what extent the use of natural resources and the environment is possible, given the current level of economic activity. We therefore examine responsibilities that corporations should take in order to fulfil the requirements of strong sustainability. Based on current CSR practices and theory as well as on businesses motivations regarding environmental and social investments, we will introduce the role of corporations in influencing consumption patterns. Furthermore, we will attempt to answer to what extent responsible corporate behaviour is determined by the current economic system.

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    File URL: http://www.sciencedirect.com/science/article/B6W5H-4NJ20F5-F/1/2a87c76c3d2921a183ff2fbd1c91033b
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

    Volume (Year): 37 (2008)
    Issue (Month): 3 (June)
    Pages: 907-918

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    Handle: RePEc:eee:soceco:v:37:y:2008:i:3:p:907-918

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    Web page: http://www.elsevier.com/locate/inca/620175

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    References

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    1. Gerbens-Leenes, P. W. & Moll, H. C. & Schoot Uiterkamp, A. J. M., 2003. "Design and development of a measuring method for environmental sustainability in food production systems," Ecological Economics, Elsevier, vol. 46(2), pages 231-248, September.
    2. Handfield, Robert & Walton, Steven V. & Sroufe, Robert & Melnyk, Steven A., 2002. "Applying environmental criteria to supplier assessment: A study in the application of the Analytical Hierarchy Process," European Journal of Operational Research, Elsevier, vol. 141(1), pages 70-87, August.
    3. Ekins, Paul & Simon, Sandrine, 2003. "An illustrative application of the CRITINC framework to the UK," Ecological Economics, Elsevier, vol. 44(2-3), pages 255-275, March.
    4. Harte, M. J., 1995. "Ecology, sustainability, and environment as capital," Ecological Economics, Elsevier, vol. 15(2), pages 157-164, November.
    5. Bagliani, Marco & Bravo, Giangiacomo & Dalmazzone, Silvana, 2008. "A consumption-based approach to environmental Kuznets curves using the ecological footprint indicator," Ecological Economics, Elsevier, vol. 65(3), pages 650-661, April.
    6. Figge, Frank & Hahn, Tobias, 2004. "Sustainable Value Added--measuring corporate contributions to sustainability beyond eco-efficiency," Ecological Economics, Elsevier, vol. 48(2), pages 173-187, February.
    7. Ekins, Paul, 2003. "Identifying critical natural capital: Conclusions about critical natural capital," Ecological Economics, Elsevier, vol. 44(2-3), pages 277-292, March.
    8. Gustafsson, Bo, 1998. "Scope and limits of the market mechanism in environmental management," Ecological Economics, Elsevier, vol. 24(2-3), pages 259-274, February.
    9. Callens, Isabelle & Tyteca, Daniel, 1999. "Towards indicators of sustainable development for firms: A productive efficiency perspective," Ecological Economics, Elsevier, vol. 28(1), pages 41-53, January.
    10. Nigel Roome & Han van Kleef, 2007. "Developing capabilities and competence for sustainable business management as innovation: a research agenda," ULB Institutional Repository 2013/14319, ULB -- Universite Libre de Bruxelles.
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    Citations

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    Cited by:
    1. Tom Thomas & Eric Lamm, 2012. "Legitimacy and Organizational Sustainability," Journal of Business Ethics, Springer, vol. 110(2), pages 191-203, October.
    2. Hediger, Werner, 2010. "Welfare and capital-theoretic foundations of corporate social responsibility and corporate sustainability," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(4), pages 518-526, August.
    3. Orhan Akisik & Graham Gal, 2011. "Sustainability in businesses, corporate social responsibility, and accounting standards: An empirical study," International Journal of Accounting and Information Management, Emerald Group Publishing, vol. 19(3), pages 304-324, September.
    4. Karcagi-Kovats, Andrea, 2012. "Performance Indicators In Csr And Sustainability Reports In Hungary," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 6.
    5. Metaxas, Theodore & Tsavdaridou, Maria, 2012. "Corporate Social Responsibility (CSR) on Metallurgy Sector in Greece," MPRA Paper 42789, University Library of Munich, Germany.

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