Management scholars have sought to answer the question: is there a financial payoff for ad-dressing ecological and social issues? We move beyond this question and include a time com-ponent for corporate financial performance (CFP) and a firm’s innovativeness in order to ask: when does it pay?...

This article describes how Louis Kelso's binary economics can be used to open the prevailing system of corporate finance to enable all people to access non-recourse corporate credit so as to enable them to acquire capital with the earnings of capital. In economies operating at less than full...

This paper reviews the main contributions of organisational innovation in the literature towards bringing a sustainable organisation and development. The review basically illustrates four main interrelated concepts: organisational innovation, organisational performance, sustainable organisation...

The purpose of this paper is to research the meaning of the sustainable development in the innovation economy. Knowledge processes in an innovative economy seem to open up new and varied avenues to be explored in the direction of sustainability. Innovative economic theory in contrast to...

In the age of materialism, while on the one hand consumer goods are being produced with such speed and quantity that far exceed the real needs of the people and on the other hand a substantial portion of world population is striving just for two square meals a day. The philosophy of materialism...

Tulisan ini akan membahas peranan bisnis syariah dalam mencapai kesetimbangan sosial. Pesatnya bisnis di dunia pada umumnya, dan Indonesia pada khususnya selalu mengikuti tren yang tengah terjadi di masyarakat. Mengingat perkembangan industri perbankan syariah yang pesat di Indonesia sekaligus...

In this paper we explore how multinational corporations (MNCs) adopt assurance practices to develop and sustain organizational accountability for sustainability. Using a panel of Fortune Global 250 firms over a period of ten years, we document the diffusion patterns of third-party assurance of...

The relationship between sustainability performance and sustainability disclosure remains ambiguous, both theoretically and empirically. Voluntary disclosure theory would suggest that the relationship should be positive, whereas legitimacy theory points toward a negative relationship. However,...

We examine the impact of COVID-19 on changes in firm value, and the moderating role of firm-level sustainability performance on this relationship. We find that firms domiciled in countries where the COVID-19 impact is more devastating experience greater decline in firm value. The negative impact...

Passion - in the sense of fervent commitment to action - and compassion - understood as sensitive openness for social and ecological concerns - are not a sure formula for business success. Whether social or ecological entrepreneurs, who find themselves under pressure from market competition,...