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The new economics of the business case for sustainability

Author

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  • Michele Pinelli

    (Dept. of Management, Università Ca' Foscari Venice)

Abstract

This paper joins the debate on businessÕ role in the implementation of sustainable development and argues that firms are beginning to run more sustainable practices as these are becoming increasingly profitable. It is also argued that such evolution of the economics of social environmental performance is the result of a three stage dynamics which involves consumer awareness, industrial policies, new cost structures and stakeholdersÕ pressure. Moreover, it is also considered that such a phenomenon implies that corporations can be of huge help to regulations in the implementation of sustainability. Finally, by running analyses of the relevant literature on the business case for sustainability, this paper reconciles the mixed and inconclusive results which the academic research on the economic rationale of sustainability has always produced.

Suggested Citation

  • Michele Pinelli, 2013. "The new economics of the business case for sustainability," Working Papers 14, Venice School of Management - Department of Management, Università Ca' Foscari Venezia.
    • Handle: RePEc:vnm:wpdman:50
    as

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    References listed on IDEAS

    as
    1. Haridimos Tsoukas, 1994. "Refining Common Sense: Types Of Knowledge In Management Studies," Journal of Management Studies, Wiley Blackwell, vol. 31(6), pages 761-780, November.
    2. Amit, Raphael & Zott, Christoph, 2010. "Business model innovation: Creating value in times of change," IESE Research Papers D/870, IESE Business School.
    3. Richard Whitley, 1984. "The Fragmented State Of Management Studies: Reasons And Consequences," Journal of Management Studies, Wiley Blackwell, vol. 21(3), pages 331-348, July.
    4. Salzmann, Oliver & Ionescu-somers, Aileen & Steger, Ulrich, 2005. "The Business Case for Corporate Sustainability:: Literature Review and Research Options," European Management Journal, Elsevier, vol. 23(1), pages 27-36, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    corporate social responsibility; sustainable development; social impact; environment; sustainability.;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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