The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
Business sustainability: It is about time
Open accessAbstract
Sustainability is fast becoming fashionable in strategic management, and yet its meaning is often elusive. Some people restrict sustainability to environmental issues, and others use it synonymously with corporate social responsibility. In this essay, we return to the roots of its original meaning and argue that sustainability requires the consideration of time. Sustainability obliges firms to make intertemporal trade-offs to safeguard intergenerational equity. In this essay, we clarify the meaning of sustainability by showing that the notion of ‘time’ discriminates sustainability from responsibility and other similar concepts. We then argue that the omission of time from most strategic management has contributed to short-termism, which is the bane sustainability. We conclude with directions for future research that will integrate sustainability into strategy and contribute to a world in which both business and society can thrive for generations to come.
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Cites
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Kahneman, D., & Tversky, A. (1979) · Econometrica · doi:10.2307/1914185 · Cited by 48,524
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The long‐term benefits of organizational resilience through sustainable business practices
Ortiz‐de‐Mandojana, N., & Bansal, P. (2016) · Strategic Management Journal · doi:10.1002/smj.2410 · Cited by 1,260
Self-citationAn inconvenient truth: How organizations translate climate change into business as usual
Wright, C., & Nyberg, D. (2017) · Academy of Management Journal · doi:10.5465/amj.2015.0718 · Cited by 722
Role of big data analytics in developing sustainable capabilities
Singh, S. K., & El-Kassar, A.-N. (2019) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2018.12.199 · Cited by 485
Hawn, O., Chatterji, A., & Mitchell, W. (2014) · doi:10.2139/ssrn.2418300 · Cited by 339
Embedding environment and sustainability into corporate financial decision‐making
Siegrist, M., Bowman, G., Mervine, E., & Southam, C. (2020) · Accounting & Finance · doi:10.1111/acfi.12533 · Cited by 87
Tekala, K., Baradarani, S., Alzubi, A., & Berberoğlu, A. (2024) · Sustainability · doi:10.3390/su16135291 · Cited by 41
Yadav, R., Chaudhary, N. S., Kumar, D., & Saini, D. (2023) · International Journal of Organizational Analysis · doi:10.1108/ijoa-12-2021-3091 · Cited by 23
Almuqrin, A., Mutambik, I., Alomran, A., & Zhang, J. Z. (2023) · Sustainability · doi:10.3390/su15129233 · Cited by 18
Reniati, R., & Faisal, F. (2024) · IOP Conference Series: Earth and Environmental Science · doi:10.1088/1755-1315/1419/1/012055 · Cited by 7
Metadata
- Authors
- Bansal, P., & DesJardine, M. R.
- Venue
- Strategic Organization
- Publisher
- SAGE Publications
- Published
- 2014-02
- Volume
- 12
- Issue
- 1
- Pages
- 70-78
- ISSN
- 1476-1270 (ISSN-L)
- 1741-315X
- OpenAlex
- W2153958569
- Cited by
- 934
- References
- 3
- FWCI
- 53.10
- Type
- journal article
- Language
- en
- Open access
- bronze
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