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A corporate model of sustainable business practices: An ethical perspective

Listed author(s):
  • Svensson, Göran
  • Wood, Greg
  • Callaghan, Michael
Registered author(s):

    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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    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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    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, January.
    2. Richardson, Gary, 2001. "A Tale of Two Theories: Monopolies and Craft Guilds in Medieval England and Modern Imagination," Journal of the History of Economic Thought, Cambridge University Press, vol. 23(02), pages 217-242, June.
    3. Hoffman, W. Michael, 1991. "Business and Environmental Ethics," Business Ethics Quarterly, Cambridge University Press, vol. 1(02), pages 169-184, April.
    4. Graham, Jill W., 1995. "Leadership, Moral Development, and Citizenship Behavior," Business Ethics Quarterly, Cambridge University Press, vol. 5(01), pages 43-54, January.
    5. Westra, Laura, 1995. "The Corporation and the Environment," Business Ethics Quarterly, Cambridge University Press, vol. 5(04), pages 661-673, October.
    6. 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;Academy of International Business, vol. 21(4), pages 519-539, December.
    7. 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.
    8. Göran Svensson & Greg Wood, 2008. "A Model of Business Ethics," Journal of Business Ethics, Springer, vol. 77(3), pages 303-322, February.
    9. Marcia P. Miceli & Janet P. Near & Charles R. Schwenk, 1991. "Who Blows the Whistle and Why?," ILR Review, Cornell University, ILR School, vol. 45(1), pages 113-130, October.
    10. 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.
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