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Sustainable approach of corporate embeddedness: good practices of small and medium-sized family companies

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  • Zsuzsanna Pálffy
  • Lívia Ablonczy-Mihályka

Abstract

Academic literature explores the term sustainability embeddedness as the highest degree of integration of sustainability into corporate strategies, however, its interpretation lacks the conceptual meaning applied in regional economics. While the focus of sustainability practices is often local, companies embed in the local space, conversely, increasing local embeddedness and commitment are leading companies to move from compliance-based sustainability practices towards sustainability embeddedness. The results based on interviews with small- and medium sized family businesses in Győr-Moson-Sopron County, Hungary illustrate that sustainable embedding as suggested as a new approach of the study are applied by this group of companies, the study concludes with a collection of good practices

Suggested Citation

  • Zsuzsanna Pálffy & Lívia Ablonczy-Mihályka, 2024. "Sustainable approach of corporate embeddedness: good practices of small and medium-sized family companies," Journal of Community Positive Practices, Catalactica NGO, issue 2, pages 115-135.
    • Handle: RePEc:cta:jcppxx:2246
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    References listed on IDEAS

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    1. Jens Beckert, 2003. "Economic Sociology and Embeddedness: How Shall We Conceptualize Economic Action?," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(3), pages 769-787, September.
    2. Susanne Arvidsson, 2023. "CEO talk of sustainability in CEO letters: towards the inclusion of a sustainability embeddedness and value-creation perspective," Sustainability Accounting, Management and Policy Journal, Emerald Group Publishing Limited, vol. 14(7), pages 26-61, January.
    3. Catherine Le Roux & Marius Pretorius, 2016. "Conceptualizing the Limiting Issues Inhibiting Sustainability Embeddedness," Sustainability, MDPI, vol. 8(4), pages 1-22, April.
    4. Steffen Korsgaard & Richard Ferguson & Johan Gaddefors, 2015. "The best of both worlds: how rural entrepreneurs use placial embeddedness and strategic networks to create opportunities," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 27(9-10), pages 574-598, October.
    5. Jalleh Sharafizad & Janice Redmond & Craig Parker, 2022. "The influence of local embeddedness on the economic, social, and environmental sustainability practices of regional small firms," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 34(1-2), pages 57-81, January.
    6. David Dequech, 2003. "Cognitive and Cultural Embeddedness: Combining Institutional Economics and Economic Sociology," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(2), pages 461-470, June.
    7. Adriana Negut, 2014. "Introductory aspects on the sustainability of social enterprises," Journal of Community Positive Practices, Catalactica NGO, issue 4, pages 21-33.
    8. Todtling, Franz & Kaufmann, Alexander, 2002. "SMEs in Regional Innovation Systems and the Role of Innovation Support--The Case of Upper Austria," The Journal of Technology Transfer, Springer, vol. 27(1), pages 15-26, January.
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