This paper has outlined the theoretical framework for constructing a survey instrument designed to elicit attitudes that contribute to perceived legitimacy of corporate environmental sustainability policies or initiatives. It posits six attitudinal components of legitimacy that can be influenced independently, and that combine to yield an overall attitude regarding the legitimacy of sustainability as a factor in managerial decision-making. It discusses how a survey instrument could be developed to measure these attitudinal components, and suggests practical and pedagogical applications.

The recent global financial crisis and economic recession has generated renewed inquiry into and debate over optimal regulation of financial sectors. One such topic of interest concerns how to define, monitor, and regulate the responsibilities of private equity investors. Waves of private equity acquisitions have occurred since the 1980s. The more negative aspects of private equity investment are now under renewed scrutiny. The topic has wide scope, including the recent GM and Chrysler situations. A recent lawsuit by Mervyn’s LLC, a retail department chain operating mostly in California, filed against its private equity owners highlights some of the complex issues in this topic area. The paper examines the Mervyn’s situation based on public information; and places the lawsuit in the broader scope of the topic area. The paper examines the Chrysler situation based on public information; and reports the changes in Chrysler ownership.

Family ownership and/or involvement in the business have rarely been adopted as a discriminating variable in organizations and the natural environment or sustainability research. Family firms introduce a dynamic that is different from professionally run firms. This paper develops a theoretical framework to show that family firms whose dominant family coalition shares a vision of sustainability will be more likely to develop and deploy their organizational capabilities for a sustainability strategy. In family firms with a shared vision of sustainability, familiness, localness, long-term orientation, and family identity will have a positive mediating effect on the deployment of organizational capabilities for a proactive sustainability strategy.

Little has been published about the drivers, factors and challenges involved in the business practice of creating corporate sustainability performance within a company. This working paper describes research that employed an in-depth, grounded-theory case study approach to explore the issue within two EU-based utility companies. From the analysis of interviews, project meeting observations and a survey with in-house delivery experts, a key preliminary output of this research has been the creation of a Force-Factor Corporate Sustainability Performance Framework that categorises the main driver and inhibitor elements a dynamic, explanatory model. This can serve as a useful platform for further academic and practitioner-based research, as well as describing key levers and obstacles to establishing a progressive performance in corporate sustainability.

Across Europe, micro firms (SMEs with up to 10 employees) account for the vast majority of business activities. Supporting micro firms in the transition towards sustainability is essential: many small steps will result in a big leap. To this scope knowledge is needed on the specific challenges encountered by micro firms in the region they operate in. The research presented here offers a contribution to this knowledge. It explores the perception of Corporate Social Responsibility (CSR), its rewards and difficulties by micro firms in Frisia, Groningen and Drenthe - the three Northern provinces of The Netherlands.

This paper proposes that issues evaluation can be conducted by a framework which integrates the concept of a legitimacy gap with expectational gaps (factual, conformance, and ideal gaps). Using this framework, this paper empirically demonstrates the existence of expectational gaps in the context of the forest products industry by means of a quantitative survey. Results indicate that significant expectational gaps exist. This framework may have relevance for both issues management and legitimacy scholars.

This research seeks to extend the literature of trust by examining whether the amount of trust that employees have in their supervisors is contingent upon the ethical system of belief utilized by their immediate supervisors. To help answer this question, it is hypothesized that employees have a greater degree of trust in immediate supervisors practicing the deontological ethical system of belief than in those practicing the teleological ethical system of belief. This study begins the search for the moral frameworks that are the antecedents of trust in immediate supervisors. The results indicate that practicing a deontological approach to ethics may stimulate a greater degree of employee trust in immediate supervisors than a teleological approach; therefore, the ethical system of belief held by immediate supervisors affects his or her employees.

Different stages of the product and industry life cycle has been argued to be an important factor in shaping firms’ strategic actions, as the life cycle influence the firms’ sales, profit, product innovation, marketing mix and differentiation strategies. Drawing on the theory of industry life cycle (ILC), this article examines how the ILC influences firms’ corporate social responsibility (CSR) performance in the context of global procurement transactions. The findings suggest that mature industries have much greater levels of responsible procurement (RP) processes, compared to rapid growing and declining industries. The authors conclude that CSR in procurement transactions is a trait of changes in the strategic behaviour of firms, as they progress from the ILC stage of growth to maturity and decline, rather than being a by-product of supply chain sophistication, which also develops along the ILC.

There is a lack of research on why certain international accountability standards (IAS) are more prone than others to being decoupled from organizational practices. Applying a neo-institutional theory perspective to IAS we theorize that the structural dimensions of the standards themselves can increase the likelihood of organizations adopting IAS standards in form but not in function.

The paper describes the development of a model for representing the ethical climate of a business community. It describes the steps followed in identifying the model’s components and in validating the model’s structure through use of expert panels. The expert panel validation methodology has yielded a weighting scheme for use in the model’s eventual operationalization, whose derivation, together with the analysis performed on qualitative discoveries of the process, is described. The model’s development is part of a larger research project that is intended to result in a validated instrument for measuring and comparing ethical climates of different business communities and for assessing longitudinal progress of individual business communities. The project’s ultimate goal is to provide an index measure that can also serve as a “report card” assessment tool at a level of analysis, which has not yet been addressed in the literature – that of the business community.

Previously, Rodriguez & LeMaster (2007) recommended that the SEC issue a “CSR Seal of Approval” for companies that voluntarily disclose their corporate social responsibility (CSR) projects. That work lacks the strength of third or fourth-party accreditation. This paper recommends that the SEC issue an accreditation grade of A, B, B-, or C to provide strength to the “CSR Seal of Approval” and to help companies indicate the quality of company CSR programs. By issuing an accredited “CSR Seal of Approval,” all stakeholders benefit because companies can incorporate CSR into their strategies and achieve recognition for their CSR projects. The premise of the accreditation concept support the original authors notion of letting CSR remain voluntary and not legislated; thus, all companies (small, medium, large, foreign or domestic) maintain competitive advantage by not incurring additional regulated costs.

Global climate change has very significant implications for the theory and practice of global justice. Climate change, whether generated by natural processes or human activities, generates uneven distribution of negative and net impacts across individuals, groups, and countries. Sources of climate change due to human activities, and also capacity to respond to climate change, are similarly unevenly distributed. Distributions of sources, impacts, and capacity are likely quite different from one another. In this context, justice concerns who should bear the final real burden of climate change and of actions to mitigate, halt, and reverse climate change. This final real burden is interdependent with global poverty.

This paper presents a comparison of two management models. The first is a prominent Chinese model used in management and encouraged by both traditional cultural practices and modern political statements, often using the term “harmonious relationships.” The second is the stakeholder management model, familiar to most Western management scholars.

This paper summarizes a discussion session investigating the corporate representatives behind corporate citizenship and sustainability initiatives.

Stakeholder salience has proven an elusive measure of critical stakeholders. Existing stakeholder theory commonly focuses on firm-centric maps. The technique employed in this paper offers a measurable and visual approach to stakeholder salience. This paper operationalizes the stakeholder salience concept using an issue focus, furthering stakeholder theory while providing an example of its application.

This paper explores the theoretical underpinnings of collaboration and ecosystem management in order to identify the relationships and processes involved in implementing ecosystem management programs through cross-sector collaboration. Ecosystem management requires a highly adaptive and resilient social-ecological governance approach, which addresses spatiality and temporality issues. In order to explore possible implementation issues with ecosystem management, propositions are developed dealing with institutional isomorphism and collective action. The paper concludes with a discussion of the theoretic underpinnings involved in implementing ecosystem management through cross sector collaborations.

This paper provides a model on repairing re-establishing stakeholder relationships after a firm engages in a moral indiscretion. Depending upon their nature, indiscretions can be classified as mistakes, misconduct, or improprieties. After committing an indiscretion, firms can attempt to reestablish positive stakeholder relationships by strengthening their technical competency (for mistakes), improving their reputation (for misconduct), and enhancing their goodwill with relevant stakeholders (for improprieties). However, a firm’s cultural orientation may result in the misapplication of the stakeholder repair mechanism (competency, reputation, and goodwill) with the applicable indiscretion (mistakes, misconduct, and improprieties).