THE CHALLENGES FOR THE CORPORATE SUSTAINABILITY IN CENTURY XXI

Anna M. Gil Lafuente and Luciano Barcellos Paula
Authors registered in the RePEc Author Service: Luciano Barcellos de Paula ()

Revista Galega de Economía, 2011, vol. 20, issue 2

Abstract: In the last few decades have seen significant economic, political, social and environmental issues in a way that directly or indirectly affect business. With the globalization of markets, economies are more dependent on each other, and also more susceptible to the crisis, which also generates a higher degree of uncertainty. In addition, issues such as sustainable development and corporate sustainability are now in evidence which increases the responsibility of business to its stakeholders. The need to promote sustainable economic development is a challenge for businesses and government institutions, which in recent decades have sought solutions in this regard through protocols, conventions and agreements that were agreed upon in various summits. At the same time, creating guidelines, standards and certification systems provide companies with a broad debate about the management tools that are used to ensure sustainable development planning. In this context, our focus is to reflect on the challenges to sustainability in the twenty-first century with all these instruments and management policies applied to sustainable development in the company.

Keywords: Stakeholders; ISO 26000; Social responsibility; Globalization; Corporate sustainability; Sustainable development (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:sdo:regaec:v:20:y:2011:i:2_7

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