Infrastructure balance
David E. Hawkins
Chapter Chapter 25 in Corporate Social Responsibility, 2006, pp 215-222 from Palgrave Macmillan
Abstract:
Abstract Multiple stakeholders, combined with performance pressures on the business leadership, create a challenging sustainability minefield, especially if one considers that for developed markets to undertake strategies focused on a sustainable future there must be a reassessment of the financial constraints and incentives. It may be easy for governments to establish local, national and even global policy; however, the impact on the business community, unless tempered with realistic support, will conflict with the drivers of profit. This in turn will force avoidance or protective measures rather than real strategic change. It should also be appreciated that whilst some investors and shareholders may have sustainable incentives, many others do not. To influence those with a pure profit motive some alternative incentives will be needed.
Keywords: Corporate Social Responsibility; Social Responsibility Investor; Investment Strategy; Business Community; Global Market Place (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62581-5_25
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DOI: 10.1057/9780230625815_25
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