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BibTeX
Strategic Decision Making for the Triple Bottom Line
Business strategy and the environment, 2016-03, Vol.25 (3), p.193-204
McWilliams, Abagail
Parhankangas, Annaleena
Coupet, Jason
Welch, Eric
Barnum, Darold T.
2016
Volltextzugriff (PDF)
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Autor(en) / Beteiligte
McWilliams, Abagail
Parhankangas, Annaleena
Coupet, Jason
Welch, Eric
Barnum, Darold T.
Titel
Strategic Decision Making for the Triple Bottom Line
Ist Teil von
Business strategy and the environment, 2016-03, Vol.25 (3), p.193-204
Ort / Verlag
Chichester: Blackwell Publishing Ltd
Erscheinungsjahr
2016
Quelle
Wiley-Blackwell Journals
Beschreibungen/Notizen
Corporate social responsibility (CSR) has become a mandate for strategic managers and is often an important element of a differentiation strategy, but there is little research on how managers can make socially responsible decisions within the context of competitive strategy. In this study we explain how data envelopment analysis (DEA) results can be used to determine the trade‐offs inherent in managing the triple bottom line of profits, people and the planet. Once the trade‐offs are well understood, managers can implement sustainable competitive strategies that incorporate socially responsible decisions. Using public data from the electric power generation industry, we demonstrate how DEA can be utilized to determine the trade‐offs between efficiency, costs and pollution reduction, allowing managers to make and champion socially responsible decisions. We discuss the general applicability of our method for making strategic decisions incorporating the triple bottom line. Copyright © 2014 John Wiley & Sons, Ltd and ERP Environment
Sprache
Englisch
Identifikatoren
ISSN: 0964-4733
eISSN: 1099-0836
DOI: 10.1002/bse.1867
Titel-ID: cdi_proquest_miscellaneous_1780507256
Format
–
Schlagworte
Business
,
Business competition
,
Corporate responsibility
,
Corporate Social Responsibility
,
Data envelopment analysis
,
DEA
,
Decision making
,
Differentiation Strategy
,
Electric power generation
,
Electric utilities
,
Environmental Responsibility
,
Operations research
,
Pollution abatement
,
Social responsibility
,
Stakeholder Engagement
,
Strategic planning
,
Strategy
,
Sustainability
,
Sustainability reporting
,
Tradeoffs
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