The Natural Environment as Stakeholder: An Exploration of Sustainable Value Creation
DOI:
https://doi.org/10.33423/jsis.v13i1.593Keywords:
Innovation, Sustainability, Stakeholder, EconomicAbstract
In this paper, I argue that an integration of insights from instrumental stakeholder theory with research on corporate sustainability can reveal new value creation opportunities. Specifically, I suggest that a firm’s ability to view the natural environment itself as a stakeholder can form a foundation upon which to strengthen the relationship between sustainable business practices and improved economic performance. I further argue that factors such as a firm’s product market strategy and characteristics of the competitive environment impact the means by which firms may create value through their sustainability efforts.
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Published
2018-07-01
How to Cite
Gauthier, J. (2018). The Natural Environment as Stakeholder: An Exploration of Sustainable Value Creation. Journal of Strategic Innovation and Sustainability, 13(1). https://doi.org/10.33423/jsis.v13i1.593
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