Paradigms for Sustainable Development: Implications of Management Theory
We provide a framework for examining the trade-offs between socio-environmental, organizational, and managerial goals. Using this framework we examine management choices under agency and stewardship theories. We advance a theory of social stewardship to explain behavior inconsistent with both agency...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Wiley Interscience
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/54540 |
| _version_ | 1848759397057036288 |
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| author | Dutta, Saurav Lawson, R. Marcinko, D. |
| author_facet | Dutta, Saurav Lawson, R. Marcinko, D. |
| author_sort | Dutta, Saurav |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | We provide a framework for examining the trade-offs between socio-environmental, organizational, and managerial goals. Using this framework we examine management choices under agency and stewardship theories. We advance a theory of social stewardship to explain behavior inconsistent with both agency and stewardship. We illustrate that social stewardship behavior by managers and principals, while best from a societal perspective, is not a viable management approach under current business and regulatory conditions. This conclusion is vital to public policymakers who seek to foster socially desirable behavior by publicly traded companies. © 2011 John Wiley & Sons, Ltd and ERP Environment. |
| first_indexed | 2025-11-14T09:59:14Z |
| format | Journal Article |
| id | curtin-20.500.11937-54540 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:59:14Z |
| publishDate | 2012 |
| publisher | Wiley Interscience |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-545402017-09-13T15:50:26Z Paradigms for Sustainable Development: Implications of Management Theory Dutta, Saurav Lawson, R. Marcinko, D. We provide a framework for examining the trade-offs between socio-environmental, organizational, and managerial goals. Using this framework we examine management choices under agency and stewardship theories. We advance a theory of social stewardship to explain behavior inconsistent with both agency and stewardship. We illustrate that social stewardship behavior by managers and principals, while best from a societal perspective, is not a viable management approach under current business and regulatory conditions. This conclusion is vital to public policymakers who seek to foster socially desirable behavior by publicly traded companies. © 2011 John Wiley & Sons, Ltd and ERP Environment. 2012 Journal Article http://hdl.handle.net/20.500.11937/54540 10.1002/csr.259 Wiley Interscience restricted |
| spellingShingle | Dutta, Saurav Lawson, R. Marcinko, D. Paradigms for Sustainable Development: Implications of Management Theory |
| title | Paradigms for Sustainable Development: Implications of Management Theory |
| title_full | Paradigms for Sustainable Development: Implications of Management Theory |
| title_fullStr | Paradigms for Sustainable Development: Implications of Management Theory |
| title_full_unstemmed | Paradigms for Sustainable Development: Implications of Management Theory |
| title_short | Paradigms for Sustainable Development: Implications of Management Theory |
| title_sort | paradigms for sustainable development: implications of management theory |
| url | http://hdl.handle.net/20.500.11937/54540 |