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The Sustainability Perspective: a New Governance Model

In: Corporate Social Responsibility

Author

Listed:
  • Antonio Tencati
  • Francesco Perrini

Abstract

A company — that can be defined as an economic and social institution, which aims to produce goods and services (Pivato and Gilardoni, 1997: 387) — pursues the creation of wealth, namely, value. In order to achieve this purpose, the firm cannot ignore the context in which it operates. In fact, a network of relationships connects the company to a great number of interrelated individuals and constituencies, called stakeholders (Ulrich and Krieg, 1973; Freeman, 1984; Donaldson and Preston, 1995; Clarkson, 1995). These relationships influence the way a company is governed and, in turn, are influenced by the company’s behaviour.

Suggested Citation

  • Antonio Tencati & Francesco Perrini, 2006. "The Sustainability Perspective: a New Governance Model," Palgrave Macmillan Books, in: Andrew Kakabadse & Mette Morsing (ed.), Corporate Social Responsibility, chapter 6, pages 94-111, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59957-4_7
    DOI: 10.1057/9780230599574_7
    as

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    Cited by:

    1. Montserrat Manzaneque-Lizano & Esteban Alfaro-Cortés & Alba María Priego de la Cruz, 2019. "Stakeholders and Long-Term Sustainability of SMEs. Who Really Matters in Crisis Contexts, and When," Sustainability, MDPI, vol. 11(23), pages 1-27, November.
    2. Antonio Tencati & Laszlo Zsolnai, 2009. "The Collaborative Enterprise," Journal of Business Ethics, Springer, vol. 85(3), pages 367-376, March.

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