Social and Normative Context of Sustainability

Paolo Candio
Additional contact information
Paolo Candio: University of Trento

Chapter Chapter 1 in Sustainability and Corporate Performance in Health Care, 2024, pp 1-11 from Springer

Abstract: Abstract Over the last decades, the model of endless growth has come under harsh scrutiny, making increasingly more room for the concept of sustainability. Sustainability has permeated global discourse, prompting a paradigm shift in corporate responsibility, from a shareholder to a stakeholder-focused model. This has implications for the way companies, especially public corporations listed in stock markets, act and react to pressures on improving their sustainability profile and disclosure. From a theoretical standpoint, companies may benefit from investments in ESG activities, at least in the long run, in terms of economic performance and information asymmetry, depending on their ability to cope with the challenges posed in terms of the associated upfront costs, uncertainty, and industry-specific dynamics.

Keywords: Sustainability policy and norms; Corporate social responsibility; Sustainable finance; Corporate performance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-031-63985-2_1

Ordering information: This item can be ordered from
http://www.springer.com/9783031639852

DOI: 10.1007/978-3-031-63985-2_1

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().