2nd Edition

Sustainable Value Creation

By David Chandler Copyright 2021
142 Pages
by Routledge

142 Pages
by Routledge

142 Pages
by Routledge

The goal of this book is to define Sustainable Value Creation in terms of a set of principles that differentiate it from existing definitions of CSR, and from related concepts such as sustainability and business ethics. To internalize these ten principles is to understand how the firm can respond to stakeholder needs to optimize value creation over the medium to long term. Ultimately,... Read more

Foreword

Acknowledgments *

Introduction: Corporate Social Responsibility

 

Principle 1: Business is social progress

 

Principle 2: Shareholders do not own the firm

 

Principle 3: Prioritizing competing stakeholder interests is difficult

 

Principle 4: CSR is a stakeholder responsibility

 

Principle 5: Market-based solutions are optimal

 

Principle 6: Profit = total value

 

Principle 7: The free market is not free

 

Principle 8: Only business can save the planet

 

Principle 9: Value creation is not a choice

 

Principle 10: The business of business is business

 

Conclusion: Sustainable Value Creation

 

About the author

Notes

Biography

David Chandler is Associate Professor of Management at the University of Colorado Denver Business School. His research focuses on the dynamic interface between the firm and its institutional environment and has been published widely. Additional related publications include the textbook Strategic Corporate Social Responsibility: Sustainable Value Creation (5th edition, 2020).