Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice

There has been an increasing interest in the use of decision-making models to achieve sustainability goal in recent decades. However, a systematic review of performance metrics, which are an important element of decision-making models to evaluate the outcomes regarding firm’s economic, environmental...

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Main Authors: Gong, Mengfeng, Simpson, Andrew, Koh, Lenny, Tan, Kim Hua
Format: Article
Published: Elsevier 2018
Subjects:
Online Access:https://eprints.nottingham.ac.uk/40468/
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author Gong, Mengfeng
Simpson, Andrew
Koh, Lenny
Tan, Kim Hua
author_facet Gong, Mengfeng
Simpson, Andrew
Koh, Lenny
Tan, Kim Hua
author_sort Gong, Mengfeng
building Nottingham Research Data Repository
collection Online Access
description There has been an increasing interest in the use of decision-making models to achieve sustainability goal in recent decades. However, a systematic review of performance metrics, which are an important element of decision-making models to evaluate the outcomes regarding firm’s economic, environmental and social performance, is lacking. This study provides critical reflections on the current state of literature and industry development regarding sustainable performance metrics and offers concrete suggestions to guide future research. This study contributes to existing studies by (1) exploring the interrelationship between sustainable triple-bottom performance in the decision making process; (2) integrating corporate governance mechanism into decision making process for sustainable consideration; and (3) conducting a comparison between academic theory and industry practice regarding the performance metrics proposed and employed
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institution University of Nottingham Malaysia Campus
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publishDate 2018
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spelling nottingham-404682020-05-04T19:52:59Z https://eprints.nottingham.ac.uk/40468/ Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice Gong, Mengfeng Simpson, Andrew Koh, Lenny Tan, Kim Hua There has been an increasing interest in the use of decision-making models to achieve sustainability goal in recent decades. However, a systematic review of performance metrics, which are an important element of decision-making models to evaluate the outcomes regarding firm’s economic, environmental and social performance, is lacking. This study provides critical reflections on the current state of literature and industry development regarding sustainable performance metrics and offers concrete suggestions to guide future research. This study contributes to existing studies by (1) exploring the interrelationship between sustainable triple-bottom performance in the decision making process; (2) integrating corporate governance mechanism into decision making process for sustainable consideration; and (3) conducting a comparison between academic theory and industry practice regarding the performance metrics proposed and employed Elsevier 2018-01 Article PeerReviewed Gong, Mengfeng, Simpson, Andrew, Koh, Lenny and Tan, Kim Hua (2018) Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice. Resources, Conservation and Recycling, 128 . pp. 155-166. ISSN 0921-3449 Business Decision Making; Corporate Governance Mechanism; Performance Metrics; Sustainable Supply Chain Management http://www.sciencedirect.com/science/article/pii/S0921344916303172 doi:10.1016/j.resconrec.2016.11.001 doi:10.1016/j.resconrec.2016.11.001
spellingShingle Business Decision Making; Corporate Governance Mechanism; Performance Metrics; Sustainable Supply Chain Management
Gong, Mengfeng
Simpson, Andrew
Koh, Lenny
Tan, Kim Hua
Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice
title Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice
title_full Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice
title_fullStr Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice
title_full_unstemmed Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice
title_short Inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice
title_sort inside out: the interrelationships of sustainable performance metrics and its effect on business decision making: theory and practice
topic Business Decision Making; Corporate Governance Mechanism; Performance Metrics; Sustainable Supply Chain Management
url https://eprints.nottingham.ac.uk/40468/
https://eprints.nottingham.ac.uk/40468/
https://eprints.nottingham.ac.uk/40468/