Integrating Environmental Sustainability into the Company's strategy

A study of contributing factors to overcome barriers between sustainability and shareholder demands

Business & Finance, Business Reference, Business Ethics
Cover of the book Integrating Environmental Sustainability into the Company's strategy by Arend Grünewälder, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Arend Grünewälder ISBN: 9783640296651
Publisher: GRIN Publishing Publication: March 25, 2009
Imprint: GRIN Publishing Language: English
Author: Arend Grünewälder
ISBN: 9783640296651
Publisher: GRIN Publishing
Publication: March 25, 2009
Imprint: GRIN Publishing
Language: English

Master's Thesis from the year 2009 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,3, University of Applied Sciences Essen, 120 entries in the bibliography, language: English, abstract: The findings of this research are most useful for those (e.g. executives, environmental managers) who view environmental sustainability as a vital issue for business and intend to develop a corporate strategy that responds to stakeholder's expectations while ensuring long-term performance. The aim of this research is to verify that shareholder is exactly the right focus for pursuing an environmental related strategy, and that key stakeholders are expecting firms are taking ownership on environmental issues. Central to the research question are identified barriers preventing companies from pursuing an environmental strategy. According to various surveys among executives, they regard environmental issues as strategically important, however relatively few companies appear to be translating the importance they place on these constraints into corporate action. The methodology of this study is to test hypotheses during an explanatory case study. Before testing the hypotheses, a descriptive literature research provides basic information, describing the topic as well as common practices and results from empiric studies. Then a case study serves as a research strategy to collect and analyze data for testing the constructed hypotheses. It explains the relationship between variables within the arguments which are environmental initiatives and the financial performance, reporting standards and effectiveness of communication to stakeholders, and meeting stakeholder's expectations with corporate practices. The findings from the second research phase, the real-life case study, are basically supporting the findings from the literature research. By expressing eco-efficient practices in financial terms, a significant impact to the estimated cash flow and return rate (ROI) generated by opportunity benefits was identified. Various practices were discovered to prove that smart companies focusing on the right accounting and reporting tools seize competitive advantage through strategic management of environmental challenges.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Master's Thesis from the year 2009 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,3, University of Applied Sciences Essen, 120 entries in the bibliography, language: English, abstract: The findings of this research are most useful for those (e.g. executives, environmental managers) who view environmental sustainability as a vital issue for business and intend to develop a corporate strategy that responds to stakeholder's expectations while ensuring long-term performance. The aim of this research is to verify that shareholder is exactly the right focus for pursuing an environmental related strategy, and that key stakeholders are expecting firms are taking ownership on environmental issues. Central to the research question are identified barriers preventing companies from pursuing an environmental strategy. According to various surveys among executives, they regard environmental issues as strategically important, however relatively few companies appear to be translating the importance they place on these constraints into corporate action. The methodology of this study is to test hypotheses during an explanatory case study. Before testing the hypotheses, a descriptive literature research provides basic information, describing the topic as well as common practices and results from empiric studies. Then a case study serves as a research strategy to collect and analyze data for testing the constructed hypotheses. It explains the relationship between variables within the arguments which are environmental initiatives and the financial performance, reporting standards and effectiveness of communication to stakeholders, and meeting stakeholder's expectations with corporate practices. The findings from the second research phase, the real-life case study, are basically supporting the findings from the literature research. By expressing eco-efficient practices in financial terms, a significant impact to the estimated cash flow and return rate (ROI) generated by opportunity benefits was identified. Various practices were discovered to prove that smart companies focusing on the right accounting and reporting tools seize competitive advantage through strategic management of environmental challenges.

More books from GRIN Publishing

Cover of the book 'The Park' by James Matthews. Short stories by South African authors in the classroom by Arend Grünewälder
Cover of the book 'Journalism's Woodstock' - Old vs. New Journalism in a decade of change by Arend Grünewälder
Cover of the book The Causes That Lead Teenagers to Drug and Alcohol Abuse by Arend Grünewälder
Cover of the book Fillmore Case Grammar by Arend Grünewälder
Cover of the book Social Aspects of Language Acquisition - Language Socialization and Grammatical Development by Arend Grünewälder
Cover of the book Fathers and daughters in selected Shakespearean plays by Arend Grünewälder
Cover of the book To what extent is Euroscepticism a West European Phenomenon? by Arend Grünewälder
Cover of the book Keith Rupert Murdoch by Arend Grünewälder
Cover of the book What motivates suicide terrorism? by Arend Grünewälder
Cover of the book Two Examples of Hubris - Hawthorne's Short Stories 'Rappaccini's Daughter' and 'The Birthmark' by Arend Grünewälder
Cover of the book Aid or Trade - Alternatives for Poverty Reduction? by Arend Grünewälder
Cover of the book An analysis of syntactic regularities in children's acquisition of language by Arend Grünewälder
Cover of the book The 'English Patient': BMW withdraws from Rover Longbridge by Arend Grünewälder
Cover of the book Flora Finching: the Only Free Woman in 'Little Dorrit' by Charles Dickens by Arend Grünewälder
Cover of the book Financial Report - Next Plc by Arend Grünewälder
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy