{"product_id":"integrating-environmental-sustainability-into-the-companys-strategy-von-arend-grunewalder","title":"Integrating Environmental Sustainability into the Company's strategy","description":"\u003cp\u003eMaster's Thesis from the year 2009 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,3, University of Applied Sciences Essen, language: English, abstract: The findings of this research are most useful for those (e.g. executives,\u003c\/p\u003e\u003cp\u003eenvironmental managers) who view environmental sustainability as a vital issue for business and intend to develop a corporate strategy that responds to stakeholder¿s expectations while ensuring long-term performance.\u003c\/p\u003e\u003cp\u003eThe aim of this research is to verify that shareholder is exactly the right focus for pursuing an environmental related strategy, and that key stakeholders are expecting firms are taking ownership on environmental issues.\u003c\/p\u003e\u003cp\u003eCentral to the research question are identified barriers preventing companies from pursuing an environmental strategy. According to various surveys among\u003c\/p\u003e\u003cp\u003eexecutives, they regard environmental issues as strategically important, however\u003c\/p\u003e\u003cp\u003erelatively few companies appear to be translating the importance they place on\u003c\/p\u003e\u003cp\u003ethese constraints into corporate action.\u003c\/p\u003e\u003cp\u003eThe methodology of this study is to test hypotheses during an explanatory case\u003c\/p\u003e\u003cp\u003estudy. Before testing the hypotheses, a descriptive literature research provides\u003c\/p\u003e\u003cp\u003ebasic information, describing the topic as well as common practices and results\u003c\/p\u003e\u003cp\u003efrom empiric studies. Then a case study serves as a research strategy to collect\u003c\/p\u003e\u003cp\u003eand analyze data for testing the constructed hypotheses. It explains the relationship between variables within the arguments which are environmental initiatives and the financial performance, reporting standards and effectiveness of communication to stakeholders, and meeting stakeholder¿s expectations with corporate practices.\u003c\/p\u003e\u003cp\u003eThe findings from the second research phase, the real-life case study, are basically supporting the findings from the literature research. By expressing eco-efficient practices in financial terms, a significant impact to the estimated cash flow and return rate (ROI) generated by opportunity benefits was identified. \u003c\/p\u003e\u003cp\u003eVarious practices were discovered to prove that smart companies focusing on the\u003c\/p\u003e\u003cp\u003eright accounting and reporting tools seize competitive advantage through strategic management of environmental challenges.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783640302178\"\u003e\u003ch3\u003eA study of contributing factors to overcome barriers between sustainability and shareholder demands\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783640302178","offer_id":59018306060613,"sku":"9783640302178","price":44.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/73461_4a1a8958-0a64-48b1-87e6-0ab24ec6b534.jpg?v=1787892542","url":"https:\/\/shop.autorenwelt.de\/en\/products\/integrating-environmental-sustainability-into-the-companys-strategy-von-arend-grunewalder","provider":"Autorenwelt Shop","version":"1.0","type":"link"}