IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i18p7705-d415336.html
   My bibliography  Save this article

Sustainability Management and Performance in the Urban Corporate Economy: A Systematic Literature Review

Author

Listed:
  • George Lăzăroiu

    (Department of Economic Sciences, Spiru Haret University, 030045 Bucharest, Romania)

  • Luminița Ionescu

    (Department of Economic Sciences, Spiru Haret University, 030045 Bucharest, Romania)

  • Mihai Andronie

    (Department of Economic Sciences, Spiru Haret University, 030045 Bucharest, Romania)

  • Irina Dijmărescu

    (Department of Pediatrics, Grigore Alexandrescu Children’s Emergency Hospital, 011743 Bucharest, Romania)

Abstract

In this article, we cumulate previous research findings indicating that organizations advance to superior phases of environmental management development in order to attain corporate sustainability by the use of participative decision-making. We contribute to the literature on corporate sustainability management and performance by showing that the correlation between sustainable development governance, organizational knowledge, sustainable organizational development, and corporate sustainability, which shapes corporate environmental and sustainability management. Throughout June 2020, we conducted a quantitative literature review of ProQuest, Scopus, and the Web of Science databases, with search terms including “corporate sustainability”, “corporate sustainability management”, “corporate sustainability performance”, “sustainability reporting”, “sustainable supply chain management”, “sustainable corporate development”, and “environmental management systems”. As we inspected research published exclusively in the past two years, only 338 articles met the eligibility criteria. By eliminating the findings that were questionable, unsubstantiated by replication, or too general, and due to space limitations, we selected 93, mainly empirical, sources. Future research should investigate whether corporate governance systems, through organizational sustainability practices and performance reporting, can shape operational environmental sustainability and sustainable organizational culture.

Suggested Citation

  • George Lăzăroiu & Luminița Ionescu & Mihai Andronie & Irina Dijmărescu, 2020. "Sustainability Management and Performance in the Urban Corporate Economy: A Systematic Literature Review," Sustainability, MDPI, vol. 12(18), pages 1-13, September.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:18:p:7705-:d:415336
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/18/7705/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/12/18/7705/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tsalis, Thomas A. & Nikolaou, Ioannis E. & Konstantakopoulou, Fotini & Zhang, Ying & Evangelinos, Konstantinos I., 2020. "Evaluating the corporate environmental profile by analyzing corporate social responsibility reports," Economic Analysis and Policy, Elsevier, vol. 66(C), pages 63-75.
    2. Jacob Hörisch & Isabell Wulfsberg & Stefan Schaltegger, 2020. "The influence of feedback and awareness of consequences on the development of corporate sustainability action over time," Business Strategy and the Environment, Wiley Blackwell, vol. 29(2), pages 638-650, February.
    3. Soytas, Mehmet Ali & Denizel, Meltem & Durak Usar, Damla, 2019. "Addressing endogeneity in the causal relationship between sustainability and financial performance," International Journal of Production Economics, Elsevier, vol. 210(C), pages 56-71.
    4. Turkan Muge Ozbekler & Yucel Ozturkoglu, 2020. "Analysing the importance of sustainability‐oriented service quality in competition environment," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1504-1516, March.
    5. Sanjaya C. Kuruppu & Markus J. Milne & Carol A. Tilt, 2019. "Gaining, maintaining and repairing organisational legitimacy," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 32(7), pages 2062-2087, September.
    6. Xuemei Xie & Qiwei Zhu, 2020. "Exploring an innovative pivot: How green training can spur corporate sustainability performance," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2432-2449, September.
    7. Tobias Rebs & Daniel Thiel & Brandenburg Marcus & Stefan Seuring, 2019. "Impacts of stakeholder influences and dynamic capabilities on the sustainability performance of supply chains: A system dynamics model," Post-Print hal-02157940, HAL.
    8. Shafiq, Asad & Ahmed, Muhammad Usman & Mahmoodi, Farzad, 2020. "Impact of supply chain analytics and customer pressure for ethical conduct on socially responsible practices and performance: An exploratory study," International Journal of Production Economics, Elsevier, vol. 225(C).
    9. Tobias Rebs & Daniel Thiel & Marcus Brandenburg & Stefan Seuring, 2019. "Impacts of stakeholder influences and dynamic capabilities on the sustainability performance of supply chains: a system dynamics model," Journal of Business Economics, Springer, vol. 89(7), pages 893-926, September.
    10. David Teh & Tehmina Khan & Brian Corbitt & Chin Eang Ong, 2020. "Sustainability strategy and blockchain-enabled life cycle assessment: a focus on materials industry," Environment Systems and Decisions, Springer, vol. 40(4), pages 605-622, December.
    11. Sirish Kumar Gouda & Haritha Saranga, 2020. "Pressure or premium: what works best where? Antecedents and outcomes of sustainable manufacturing practices," International Journal of Production Research, Taylor & Francis Journals, vol. 58(23), pages 7201-7217, December.
    12. Hua Shang & Renfei Chen & Zhongwen Li, 2020. "Dynamic sustainability capabilities and corporate sustainability performance: The mediating effect of resource management capabilities," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(4), pages 595-612, July.
    13. Chege, Samwel Macharia & Wang, Daoping, 2020. "The influence of technology innovation on SME performance through environmental sustainability practices in Kenya," Technology in Society, Elsevier, vol. 60(C).
    14. Chunguang Bai & Simonov Kusi-Sarpong & Hadi Badri Ahmadi & Joseph Sarkis, 2019. "Social sustainable supplier evaluation and selection: a group decision-support approach," International Journal of Production Research, Taylor & Francis Journals, vol. 57(22), pages 7046-7067, November.
    15. Franck Brulhart & Sandrine Gherra & Bertrand V. Quelin, 2019. "Do Stakeholder Orientation and Environmental Proactivity Impact Firm Profitability?," Journal of Business Ethics, Springer, vol. 158(1), pages 25-46, August.
    16. Abeer Hassan & Ahmed A. Elamer & Mary Fletcher & Nawreen Sobhan, 2020. "Voluntary assurance of sustainability reporting: evidence from an emerging economy," Accounting Research Journal, Emerald Group Publishing Limited, vol. 33(2), pages 391-410, February.
    17. Manuel Siegrist & Gary Bowman & Evelyn Mervine & Colette Southam, 2020. "Embedding environment and sustainability into corporate financial decision‐making," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(1), pages 129-147, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tomas Kliestik & Marek Nagy & Katarina Valaskova, 2023. "Global Value Chains and Industry 4.0 in the Context of Lean Workplaces for Enhancing Company Performance and Its Comprehension via the Digital Readiness and Expertise of Workforce in the V4 Nations," Mathematics, MDPI, vol. 11(3), pages 1-21, January.
    2. Kwaku Addai & Sema Yılmaz Genç & Rui Alexandre Castanho & Gualter Couto & Ayhan Orhan & Muhammad Umar & Dervis Kirikkaleli, 2023. "Financial Risk and Environmental Sustainability in Poland: Evidence from Novel Fourier-Based Estimators," Sustainability, MDPI, vol. 15(7), pages 1-19, March.
    3. Xiaode Ji & Yanzhao Su & Yue Zhang & Hui Wang, 2023. "Making Our Firm More Sustainable: The Role of CEO Vision Communication of Sustainability on Sustainability Performance," SAGE Open, , vol. 13(4), pages 21582440231, November.
    4. Dandong Ge & Yanyan Zheng & Shenning Zhang & Jiayi Fu & Fei Su, 2022. "Spatio-Temporal Pattern and Influence Mechanism of Rural Human Settlements System Resilience: Case from China," Sustainability, MDPI, vol. 14(21), pages 1-24, November.
    5. Georgi V. Georgiev & Vijayakumar Nanjappan, 2023. "Sustainability Considerations in Digital Fabrication Design Education," Sustainability, MDPI, vol. 15(2), pages 1-15, January.
    6. Dan-Cristian Dabija & Luiela Magdalena Csorba & Florin-Lucian Isac & Sergiu Rusu, 2023. "Managing Sustainable Sharing Economy Platforms: A Stimulus–Organism–Response Based Structural Equation Modelling on an Emerging Market," Sustainability, MDPI, vol. 15(6), pages 1-22, March.
    7. Marcela-Sefora Nemteanu & Dan-Cristian Dabija & Liana Stanca, 2021. "The Influence of Teleworking on Performance and Employees’ Counterproductive Behaviour," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 23(58), pages 601-601, August.
    8. Jonathan Gumz & Diego Castro Fettermann & Enzo Morosini Frazzon & Mirko Kück, 2022. "Using Industry 4.0’s Big Data and IoT to Perform Feature-Based and Past Data-Based Energy Consumption Predictions," Sustainability, MDPI, vol. 14(20), pages 1-34, October.
    9. Narciz Balasoiu & Iulian Chifu & Marian Oancea, 2023. "Impact of Direct Taxation on Economic Growth: Empirical Evidence Based on Panel Data Regression Analysis at the Level of Eu Countries," Sustainability, MDPI, vol. 15(9), pages 1-32, April.
    10. Weiyu Zhang & Xinyue Li & Shaowei Liu & Jong-wook Kwon, 2023. "The Chairman’s Rural Origin and Short-Term Expenditures in China," Sustainability, MDPI, vol. 15(18), pages 1-20, September.
    11. Yi Shen & Qingsong Ruan, 2022. "Accounting Conservatism, R&D Manipulation, and Corporate Innovation: Evidence from China," Sustainability, MDPI, vol. 14(15), pages 1-25, July.
    12. Haoyang Lu & Jing Tong & Yajiao Tang, 2022. "Analysis of Green Credit and the Ecological Welfare Performance Based on Empirical Models and ARIMA(2,3,2): Taking China as an Example," Sustainability, MDPI, vol. 14(19), pages 1-15, September.
    13. Jens Teubler & Sebastian Schuster, 2022. "Causal Strands for Social Bonds—A Case Study on the Credibility of Claims from Impact Reporting," Sustainability, MDPI, vol. 14(19), pages 1-29, October.
    14. Cherry C. I. Lau & Christina W. Y. Wong, 2024. "Achieving sustainable development with sustainable packaging: A natural‐resource‐based view perspective," Business Strategy and the Environment, Wiley Blackwell, vol. 33(5), pages 4766-4787, July.
    15. Rong Liu & Min Zhao & Jianyu Ren, 2022. "The Influence Mechanism of Corporate Environmental Responsibility on Corporate Performance: The Mediation Effect of Green Innovation," Sustainability, MDPI, vol. 14(17), pages 1-27, September.
    16. Ruize Cai & Kyung Hwan Yun & Minho Kim, 2022. "Financing Constraints and Corporate Value in China: The Moderating Role of Multinationality and Ownership Type," Sustainability, MDPI, vol. 14(19), pages 1-22, September.
    17. Marek Nagy & George Lăzăroiu, 2022. "Computer Vision Algorithms, Remote Sensing Data Fusion Techniques, and Mapping and Navigation Tools in the Industry 4.0-Based Slovak Automotive Sector," Mathematics, MDPI, vol. 10(19), pages 1-22, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Venkatesh, V.G. & Zhang, Abraham & Deakins, Eric & Mani, Venkatesh, 2021. "Antecedents of social sustainability noncompliance in the Indian apparel sector," International Journal of Production Economics, Elsevier, vol. 234(C).
    2. Iyere Mary & Misopoulos Fotios, 2022. "The degree of stakeholder influences and risks in sustainable supply chains: a systematic literature review," International Journal of Contemporary Management, Sciendo, vol. 58(2), pages 9-26, June.
    3. Erik Siems & Stefan Seuring & Lara Schilling, 2023. "Stakeholder roles in sustainable supply chain management: a literature review," Journal of Business Economics, Springer, vol. 93(4), pages 747-775, May.
    4. Roy, Vivek & Silvestre, Bruno S. & Singh, Shubham, 2020. "Reactive and proactive pathways to sustainable apparel supply chains: Manufacturer's perspective on stakeholder salience and organizational learning toward responsible management," International Journal of Production Economics, Elsevier, vol. 227(C).
    5. Junia A. Purwandani & Gilbert Michaud, 2021. "What are the drivers and barriers for green business practice adoption for SMEs?," Environment Systems and Decisions, Springer, vol. 41(4), pages 577-593, December.
    6. Sidney Mangenda Tshiaba & Nianxin Wang & Sheikh Farhan Ashraf & Mehrab Nazir & Nausheen Syed, 2021. "Measuring the Sustainable Entrepreneurial Performance of Textile-Based Small–Medium Enterprises: A Mediation–Moderation Model," Sustainability, MDPI, vol. 13(19), pages 1-19, October.
    7. Suresh Kumar Jakhar & Arijit Bhattacharya & Himanshu Rathore & Sachin Kumar Mangla, 2020. "Stakeholder pressure for sustainability: Can ‘innovative capabilities’ explain the idiosyncratic response in the manufacturing firms?," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2635-2653, September.
    8. Marcus Brandenburg & Tim Gruchmann & Nelly Oelze, 2019. "Sustainable Supply Chain Management—A Conceptual Framework and Future Research Perspectives," Sustainability, MDPI, vol. 11(24), pages 1-15, December.
    9. Peggy M. L. Ng & Tai Ming Wut & Kam Kong Lit & Cherry T. Y. Cheung, 2022. "Drivers of corporate social responsibility and firm performance for sustainable development—An institutional theory approach," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(4), pages 871-886, July.
    10. Serdar Çop & Victor Oluwafemi Olorunsola & Uju Violet Alola, 2021. "Achieving environmental sustainability through green transformational leadership policy: Can green team resilience help?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 671-682, January.
    11. André de Abreu Saraiva Monteiro Alves & Fernando Manuel Pereira de Oliveira Carvalho, 2022. "How Dynamic Managerial Capabilities, Entrepreneurial Orientation, and Operational Capabilities Impact Microenterprises’ Global Performance," Sustainability, MDPI, vol. 15(1), pages 1-23, December.
    12. Yung-Tsan Jou & Charmine Sheena Saflor & Klint Allen Mariñas & Michael Nayat Young, 2023. "Determining Factors Affecting Perceived Customer Satisfaction on Public Utility Bus System in Occidental Mindoro, Philippines: A Case Study on Service Quality Assessment during Major Disruptions," Sustainability, MDPI, vol. 15(4), pages 1-21, February.
    13. Su, Dan & Zhang, Lijun & Peng, Hua & Saeidi, Parvaneh & Tirkolaee, Erfan Babaee, 2023. "Technical challenges of blockchain technology for sustainable manufacturing paradigm in Industry 4.0 era using a fuzzy decision support system," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    14. Muhammad Khalid Anser & Zahid Yousaf & Muhammad Usman & Seemab Yousaf, 2020. "Towards Strategic Business Performance of the Hospitality Sector: Nexus of ICT, E-Marketing and Organizational Readiness," Sustainability, MDPI, vol. 12(4), pages 1-17, February.
    15. Vincent Carrières & Andrée-Anne Lemieux & Manuele Margni & Robert Pellerin & Sylvain Cariou, 2022. "Measuring the Value of Blockchain Traceability in Supporting LCA for Textile Products," Sustainability, MDPI, vol. 14(4), pages 1-15, February.
    16. Ali Uyar & Simone Pizzi & Fabio Caputo & Cemil Kuzey & Abdullah S. Karaman, 2022. "Do shareholders reward or punish risky firms due to CSR reporting and assurance?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(5), pages 1596-1620, July.
    17. Halkos, George & Managi, Shunsuke, 2023. "New developments in the disciplines of environmental and resource economics," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 513-522.
    18. Yanfang Zhang & Mushang Lee, 2019. "A Hybrid Model for Addressing the Relationship between Financial Performance and Sustainable Development," Sustainability, MDPI, vol. 11(10), pages 1-15, May.
    19. Yiming Zhuang & Meltem Denizel & Frank Montabon, 2023. "Examining Firms’ Sustainability Frontier: Efficiency in Reaching the Triple Bottom Line," Sustainability, MDPI, vol. 15(11), pages 1-22, May.
    20. Pamela Kent & Robyn McCormack & Tamara Zunker, 2021. "Employee disclosures in the grocery industry before the COVID‐19 pandemic," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 4833-4858, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:18:p:7705-:d:415336. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.