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Leadership notes

Essay specific features

 

Issue:

Business

 

Written by:

Maria R

 

Date added:

February 22, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 629

 

Was viewed:

1059 times

 

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Essay content:

Instead of maximizing shareholder value, a company's goal becomes sustainability. In this context, sustainability has a double meaning: Like any living system, the company's objective is to survive, though not at any price; along with this will for survival is the company's ability and desire to contribute to the well-being of the social and natural system to which it belongs...
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This sense of belonging and contributing leads to openness. Sustainable enterprises are open to the social and natural system - and to a wide array of stakeholders. Building on these ideas, the authors create a framework that guides their research of the 18 leading DJSI companies. The framework consists of four components: attributes and roles of top corporate governance bodies; corporate strategy; relationship with stakeholders; and managing systems...
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