Authors: Richard Samans, Jane Nelson (Harvard Kennedy School of Government)
Publisher’s main page about the book: here
The 299-page PDF may be downloaded from: publisher or this site.
This book is open access for free (PDF or epub), or Hardcover for USD 32.99
This book provides the most thorough treatment to date of the practical implications for corporate boards and management teams of a commitment to implement the concepts of sustainable enterprise value creation and stakeholder capitalism rigorously. The authors argue that business leadership is on the threshold of a new era driven by major shifts in technology, society, international political economy and the environment. They set this transition in historical, legal and cross-cultural context, tracing the extent to which the principles of stakeholder capitalism and sustainable value creation have been applied in practice if not name around the world for years. The book fills a gap in academic scholarship and executive and director education by breaking down what the full integration of environmental, social, governance and data stewardship (ESG&D) considerations means for key corporate functions, with many concrete illustrations of leading practice. This leadership agenda for “walking the talk” of ESG investing and stakeholder capitalism includes a special look at the rapidly changing landscape of sustainability-related corporate disclosure. Such reporting has long been guided by voluntary standards set by NGOs. The authors describe how it is about to make the leap into the world of formal accounting standards administered by the same body that oversees international financial accounting standards and how companies can prepare for this transition.
This Open Access book provides a practical guide to the creation of sustainable enterprise value and implementation of the principles of stakeholder capitalism for corporate boards and management teams. The authors argue that business leadership is on the threshold of a new era driven by major shifts in technology, society, political economy and climate change. They set this transition in international and historical context and outline a comprehensive leadership agenda for fully integrating environmental, social, governance (ESG) and data stewardship risks and opportunities into corporate governance, strategy, reporting and partnerships. This systematic approach is illustrated with good practices by leading companies and includes an explanation of how sustainability reporting is making the leap into formal accounting standards set by the same body that oversees international financial accounting standards and what companies should do to prepare. The book’s combination of scholarly analysis and practical guidance make it a valuable resource for anyone seeking to navigate the new business context, whether from the perspective of a board director, C-suite executive, manager, policymaker, scholar or student.