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A corporate model of sustainable business practices: An ethical perspective

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Author Info

  • Svensson, Göran
  • Wood, Greg
  • Callaghan, Michael
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    Abstract

    This paper considers contemporary business practice and its sustainable performance from the view of stakeholders and their perceived value. A company has responsibilities and commitments to many different internal and external stakeholders in the marketplace and society. This view underlines the need for organizations to, not only provide value, but do so in a sustainable and socially responsible manner. A model is developed based on five, separate but interconnected, elements. The model is iterative and acknowledges its elementary state, suggesting further development and refinement in the field of sustainable business practices from an ethical perspective.

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    File URL: http://www.sciencedirect.com/science/article/pii/S1090951609000443
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of World Business.

    Volume (Year): 45 (2010)
    Issue (Month): 4 (October)
    Pages: 336-345

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    Handle: RePEc:eee:worbus:v:45:y:2010:i:4:p:336-345

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    Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/description#description

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    Related research

    Keywords: Sustainable Ethics Stakeholder Business Practices;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Élodie Béthoux & Claude Didry & Arnaud Mias, 2007. "What Codes of Conduct Tell Us: corporate social responsibility and the nature of the multinational corporation," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(1), pages 77-90, 01.
    2. Singh, Jang & Carasco, Emily & Svensson, Goran & Wood, Greg & Callaghan, Michael, 2005. "A comparative study of the contents of corporate codes of ethics in Australia, Canada and Sweden," Journal of World Business, Elsevier, vol. 40(1), pages 91-109, February.
    3. Stajkovic, Alexander D. & Luthans, Fred, 1997. "Business ethics across cultures: A social cognitive model," Journal of World Business, Elsevier, vol. 32(1), pages 17-34, April.
    4. Richardson, G., 2000. "A Tale of Two Theories: Monopolies and Craft Guilds in Medieval England and Modern Imagination," Papers 00-01-10, California Irvine - School of Social Sciences.
    5. Göran Svensson & Greg Wood, 2008. "A Model of Business Ethics," Journal of Business Ethics, Springer, vol. 77(3), pages 303-322, February.
    6. Marcia P. Miceli & Janet P. Near & Charles R. Schwenk, 1991. "Who blows the whistle and why?," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 45(1), pages 113-130, October.
    7. Catherine C Langlois & Bodo B Shlegemilch, 1990. "Do Corporate Codes of Ethics Reflect National Character? Evidence from Europe and the United States," Journal of International Business Studies, Palgrave Macmillan, vol. 21(4), pages 519-539, December.
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    Citations

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    Cited by:
    1. Candace Martinez & J. Bowen, 2013. "The Ethical Challenges of the UN’s Clean Development Mechanism," Journal of Business Ethics, Springer, vol. 117(4), pages 807-821, November.

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