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The Sustainability Perspective: a New Governance Model

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Corporate Social Responsibility

Abstract

A company — that can be defined as an economic and social institution, which aims to produce goods and services (Pivato and Gilardoni, 1997: 387) — pursues the creation of wealth, namely, value. In order to achieve this purpose, the firm cannot ignore the context in which it operates. In fact, a network of relationships connects the company to a great number of interrelated individuals and constituencies, called stakeholders (Ulrich and Krieg, 1973; Freeman, 1984; Donaldson and Preston, 1995; Clarkson, 1995). These relationships influence the way a company is governed and, in turn, are influenced by the company’s behaviour.

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Authors
  1. Antonio Tencati
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  2. Francesco Perrini
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Editor information

Editors and Affiliations

  1. Cranfield University School of Management, UK

    Andrew Kakabadse

  2. Copenhagen Business School, Denmark

    Mette Morsing

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© 2006 Antonio Tencati and Francesco Perrini

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Tencati, A., Perrini, F. (2006). The Sustainability Perspective: a New Governance Model. In: Kakabadse, A., Morsing, M. (eds) Corporate Social Responsibility. Palgrave Macmillan, London. https://doi.org/10.1057/9780230599574_7

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