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Full Description
Contemporary companies are expected to behave ethically and responsibly toward their stakeholders and to provide social and environmental good. Key stakeholder groups, including employees, consumers, investors, and public authorities, increasingly demand that companies deliver products and services in responsible yet economically sound manners and act in accordance with moral obligations and financial requirements. Such mounting societal expectations and institutional pressures relate to complex concerns, including environmental and climate impact, working conditions, and human rights, both locally and oversees. In this context, as companies now appear to commit to comprehensively tackle ethical, social, environmental, and economic challenges, concerns increasingly are raised as to whether most companies in the end can indeed contribute to societal and environmental good and transform how they operate to create value responsibly, considering the success and impact of so called corporate social responsibility or sustainability policies.
In recent decades, while some companies have advanced on their social and environmental responsibility journey, other companies have engaged in ethical, social, and environmental initiatives in manipulative and insincere way, or merely as a rhetorical tool to maintain legitimacy. Together with governments and business partners, these companies are largely failing to deliver for society and the environment. Subsequently, more than ever before, understanding what it means to do business responsibly and how business actors can engage constructively in ways that support the development of resilient business practices, forms, and organizations that contribute to generate positive impact for society and the environment and generate the type of economic value needed to address the key challenges of this century is central.
On this background, this edited volume sheds light on different crucial themes and approaches spanning historical, conceptual, operational, critical, practical, and prospective considerations that have animated the field of business and society in the last decades, and that are instrumental or have the potential to drive constructive research discussions and business efforts.
The central aim of the book is to set the research agenda for the next five to seven years, to redefine existing areas within the context of international research, and to highlight emerging research areas in need of further investigation, representing a prestige reference work providing an overview of the subject area of responsible business, primarily for academics, researchers, postgraduate students, as well as reflective practitioners.
Contents
Part 1. Genealogizing: Past and Future 1.1 From Good Government to Responsible Business: A History of Corporate Social Responsibility 1.2 The Intergenerational Responsibility of Organizations Part 2. Delineating: Maps and Plans 2.1 Prioritizing Sustainability: Balancing Ethics and Business Profit in a Changing World 2.2 Social by Name, Corporate by Nature: The Myopic Business Case Narrative of Responsibility 2.3. Sustainable Development Goals and the Responsible Business Part 3. Governing: Designs and Alternatives 3.1 Responsible Leadership and Sustainability: The Interplay of Modes and Models of Corporate Governance 3.2 Alternative Ways of Organizing a Responsible Business 3.3 Corporate Sustainability and Quality of Financial Reporting: The Moderating Effect of Sustainability Committees 3.4 Governance of Business Responsibility in Areas of Limited Statehood 3.5 Corporate Governance in a Sustainable World Part 4. Renovating: Functions and Systems 4.1 How Management Accounting and Control Practices Can Contribute to Solving Sustainability-related Grand Challenges 4.2 Sustainable Supply Chain Management: Linking International Law to National through Human Rights Due Diligence 4.3 Fostering a Socially Responsible Marketing 4.4 Shareholder Complicity Part 5. Innovating: Shifts and Transformations 5.1 Managing Circular Business Model Innovation 5.2 Stakeholder Engagement in Environmental Innovation 5.3 Responsible Business in the Context of Industry 5.0, Workplace Innovation, and Social Innovation 5.4 Rationalizations and Institutional Deflection on the Ground: Combatting Modern Slavery in Supply Chains Part 6. Partnering: Engagement and Collaboration 6.1 Opportunity Creation with Nonhuman Stakeholders in Ecological Entrepreneurship 6.2 Deliberation and Contestation in Multi-Stakeholder Initiatives: A Multi-Level Perspective 6.3 Fostering Sustainable Business Models: Public Policies, Strategies, Barriers, and Enablers 6.4 Micro-CSR: Everyday Managerial Practice on the Inside Part 7. Envisaging: Path and Openings 7.1 Responsible Business and the AI Challenge 7.2 Responsible and Sustainable Use of AI: Human Dignity in Business Strategy 7.3 Responsible Business Practices for a Degrowth Transition
