Regional innovation for sustainable development : An Australian perspective
- Authors: Courvisanos, Jerry
- Date: 2009
- Type: Text , Journal article
- Relation: Journal of Innovation Economics Vol. 1, no. 3 (2009), p. 119-143
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- Description: 2003007338
A performance framework for corporate sustainability
- Authors: Venkatraman, Sitalakshmi , Nayak, Ravi
- Date: 2010
- Type: Text , Journal article
- Relation: International Journal of Business Innovation and Research Vol. 4, no. 5 (2010), p. 475-490
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- Description: Recent studies conducted worldwide on corporate sustainability indicate gaps in sustainability practice. Many organisations deal with their economic, social and environmental issues individually and have not explored their inter-connections. They are now required to rethink their business strategies for improving their contribution to both shareholders and society as a whole. This paper is a step further to address these gaps in sustainability practice. Through an empirical study conducted in 85 different Australia-based firms, we unearth the inter-relationships among environmental, social and economic considerations simultaneously and propose a performance framework for implementing corporate sustainability. The framework consciously interconnects the triple bottom line measures using our 'Triple-I' principles of innovation, integration and interdependence that we propose within the managerial thinking. We describe the implementation of this framework in the form of a step-wise roadmap, using the Plan-Do-Check-Act quality cycle. We believe that such a practical guideline would pave way for continuous improvements in corporate sustainability performances.
- Description: 2003008239
Does the business size matter on corporate sustainable performance? The Australian business case
- Authors: Nayak, Ravi , Venkatraman, Sitalakshmi
- Date: 2011
- Type: Text , Journal article
- Relation: World Review of Entrepreneurship, Management and Sustainable Development Vol. 7, no. 3 (2011), p. 281-301
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- Description: While a growing majority of research studies have concentrated on triple bottom line public reporting in large organisations, the review of past research suggests there seems to be limited support and importance given to small and medium sized businesses. This paper attempts to examine whether business size matters when it comes to corporate sustainability. To achieve this, we have conducted an empirical study to investigate sustainable business practices in small, medium and large organisations. With a sample of 80 different Australia-based firms, we have examined various parameters attributing to corporate sustainability and have arrived at three kinds of performance outcomes (factors) that concur with triple bottom line principles, which we term as: 1) corporate environmental performance outcome (CEPO); 2) corporate social performance outcome (CSPO); 3) corporate financial performance outcome (CFPO). The results of the ANOVA analysis of these factors against business size have been discussed and the significantly higher CEPO in large size businesses than in small or medium size businesses have been explored. This paper also unearths the implications of these results on corporate sustainability and recommends possible improvements to increase the focus around environmental sustainability.
- Description: 2003008915
Towards a model of eco-sustainable agricultural production in a regulated river basin
- Authors: Courvisanos, Jerry , Richardson, Colin
- Date: 2011
- Type: Text , Journal article
- Relation: Journal of Innovation Economics Vol. 2, no. 8 (2011), p. 59-87
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- Description: A clear path to the new eco-sustainable techno-economic paradigm is mapped out in Courvisanos (2009a) using a framework for innovation and investment developed from the seminal work of Adolph Lowe and Michal Kalecki. This theoretical framework is based around three elements that are crucial to achieving this eco-sustainable paradigm: (i) cumulative effective demand for eco-sustainable products, services and processes, (ii) ecological rules for capital investment to ensure resource saving and long-term carrying capacity, and (iii) iterative flexible public and private planning and monitoring processes to allow ecologically sustainable innovation to be supported by infrastructure, R&D and learning and development systems. This path was specifically applied in Courvisanos (2009a) to regional (non-metropolitan) Australia, an area of food and fibre production that is fragile because of drought, fire and massive storms due to ecological degradation and greenhouse warming. The heartland of regional Australia is the nation’s food bowl, the Murray-Darling River Basin (MDRB), which is under great stress due to salination and drought. There also is great rainfall variability with huge floods due to climate change, as became evident in 2010. A path for resolution of the concerns of specific regional and corporate interests along the whole Murray-Darling river system has not yet emerged. What is required is an eco-sustainable framework that addresses these issues in a holistic manner.
- Description: 200300879
Promoting CSR to foster sustainable development: Attitudes and perceptions of managers in a developing country
- Authors: Moyeen, Abdul , West, Brian
- Date: 2014
- Type: Text , Journal article
- Relation: Asia-Pacific Journal of Business Administration. Vol. 6, no. 2 (2014), p. 97-115
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- Description: Purpose – The purpose of this paper is to explore the attitudes and perceptions of senior managers in Bangladesh with regard to corporate social responsibility (CSR), focusing on the impact of CSR promotional programmes in fostering an affirmative view of sustainable development. This issue has special significance in a country that is one of the fastest growing economies in south Asia and also particularly vulnerable to the effects of climate change. Design/methodology/approach – Data were collected through semi-structured interviews with a diverse group of 32 managers of large enterprises operating in a variety of industries. Findings – The positive attitudes observed suggest that various programmes adopted to promote CSR have had some effect. However, sustainable development and environmental issues tend to remain on the periphery of managers’ understandings and perceptions of CSR. Research limitations/implications – This study aids understanding of how business managers may respond to CSR promotional campaigns. Further studies in other comparable countries, and in other settings where CSR is poorly established, are encouraged in order to provide more comprehensive insights and overcome the limited sample size of the current study. Practical implications – While insights to how the managers of local enterprises can be persuaded to become more effectively engaged in CSR are provided, a need to foster a more comprehensive notion of CSR is also identified. Originality/value – As well as contributing to redressing the strong bias towards developed country settings in CSR research, this research is novel in exploring how CSR promotional efforts may influence the attitudes and perceptions of managers.
Sustainable financing practices through green bonds : What affects the funding size?
- Authors: Barua, Suborna , Chiesa, Micol
- Date: 2019
- Type: Text , Journal article
- Relation: Business Strategy and the Environment Vol. 28, no. 6 (2019), p. 1131-1147
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- Description: Financing through the supply-driven green bonds market has significantly surged in recent years. In this paper, we examine the factors influencing the size of financing though green bond supply, using cross-section OLS regressions on a global dataset for 8 years (2010–2017) sourced from Bloomberg. We consider a set of tridimensional factors: bond characteristics, issuer characteristics, and market characteristics and examine their effects on issue size. Alongside whole sample estimation, we produce year-wise estimations to realize the evolution and persistence of the effects over time. We then produce estimates across rating grades of the bonds. Finally, we carry Blinder–Oaxaca decomposition to see if average issue size has significantly changed over time and whether the factors considered can explain the difference. We find a large number of factors affecting issue size asymmetrically; however, many of the effects do not persist over time and are heterogeneous across rating grades. In contrast to the aggregate market trend, we find no evidence of increases in average issue size in the recent year. Furthermore, the average financing size is found significantly lower for high-grade bonds. The paper provides a basis for encouraging green bond supply, particularly considering the rating of the bonds and the issuers.