Sustaining business excellence

Does Sustainable Development Foster Value Creation? Empirical Evidence from the Global Energy Industry

“…Previously, the focus was on goods and production and managing costs, but from a longer-term perspective and in environments in which increasing uncertainty and the rapid speed of change have replaced stability, these traditional sources of competitive advantage are no longer efficient (Barney, 1991;Long and Vickers-Koch, 1995;Wagner et al, 2001;Lei and Slocum, 2002;Dreyer and Grønhaug, 2004). To highlight the importance of sustainability, Aras and Crowther (2010) identified it as one of the four key aspects necessary for sustaining competitive advantage, along with profitability, reputation, and good governance. It has been argued that failure to do so could result in the loss of business opportunities and competitive advantage (Lo and Sheu, 2007;Aras and Crowther, 2010;Barnea and Rubin, 2010).…”

“…In addition to CSR, many related concepts can be found in the literature. These concepts can, however, be traced back to prior concepts, such as triple bottom line (TBL), business process re-engineering (BPR), and total quality management (TQM) (Aras and Crowther, 2010;Wikström, 2010). The terms sustainability, CSR, and corporate responsibility are thus among the latest concepts that have been adopted by corporate managers.…”

“…At the same time, the increasing global awareness related to sustainability is now requiring organizations to include sustainable development issues and sustainability principles into their organizational business strategies, and thus to contribute to the sustainability of the environment. It has been argued that failure to do so could result in the loss of business opportunities and competitive advantage (Lo and Sheu, 2007;Aras and Crowther, 2010;Barnea and Rubin, 2010). To highlight the importance of sustainability, Aras and Crowther (2010) identified it as one of the four key aspects necessary for sustaining competitive advantage, along with profitability, reputation, and good governance.…”

Impacto en las redes sociales de las Grandes Empresas Españolas: Reputación Corporativa, Integridad y Comportamiento Ético

“…Algunos estudios han puesto de relieve que la globalización de los mercados y la irrupción de las TIC están obligando a las empresas a buscar un nuevo camino para garantizar su sostenibilidad en el tiempo y su diferenciación en los mercados (Aras y Crowther, 2010;Millar, Hind y Maga, 2012;Miron, Petcu y Sobolewschi, 2011).…”

Managing Corporate Reputation: A Perspective on the Spanish Market

“…This globalization and rapid development of information technology is forcing companies to look for new ways to guarantee their sustainability over time and to distinguish themselves in the competitive markets in which they operate (Aras and Crowther, 2010;Millar et al, 2012;Miron et al, 2011).…”