Welcome to the InfoSci Platform
Leadership for Sustainability: Connecting Corporate Responsibility Reporting and Strategy

Leadership for Sustainability: Connecting Corporate Responsibility Reporting and Strategy

Nikolina Markota Vukić, Mislav Ante Omazić, Mirjana Pejic-Bach, Ana Aleksić, Jovana Zoroja
Copyright: © 2022 |Pages: 23
ISBN13: 9781668455906|ISBN10: 1668455900|EISBN13: 9781668455913
DOI: 10.4018/978-1-6684-5590-6.ch094
Cite Chapter Cite Chapter

MLA

Markota Vukić, Nikolina, et al. "Leadership for Sustainability: Connecting Corporate Responsibility Reporting and Strategy." Research Anthology on Developing Socially Responsible Businesses, edited by Information Resources Management Association, IGI Global, 2022, pp. 1921-1943. https://doi.org/10.4018/978-1-6684-5590-6.ch094

APA

Markota Vukić, N., Omazić, M. A., Pejic-Bach, M., Aleksić, A., & Zoroja, J. (2022). Leadership for Sustainability: Connecting Corporate Responsibility Reporting and Strategy. In I. Management Association (Ed.), Research Anthology on Developing Socially Responsible Businesses (pp. 1921-1943). IGI Global. https://doi.org/10.4018/978-1-6684-5590-6.ch094

Chicago

Markota Vukić, Nikolina, et al. "Leadership for Sustainability: Connecting Corporate Responsibility Reporting and Strategy." In Research Anthology on Developing Socially Responsible Businesses, edited by Information Resources Management Association, 1921-1943. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-6684-5590-6.ch094

Export Reference

Mendeley
Favorite

Abstract

This chapter describes how and why normative justification for corporate responsibility has been replaced with business case thinking. Modern organizations do link their non-financial reports to strategy because corporate responsibility is seen as a source of competitive advantage, growth, motivation, and innovation. Non-financial reporting potentiates companies to understand, learn, and redefine their social and environmental impacts and its cost; how to minimize both impact and cost; and how to capitalize on challenges that management face on a daily basis. The connection between CR strategy and non-financial reporting is described along with how it is relevant for the successful business of modern organizations. By improving CR strategies and developing unique non-financial reporting, organizations can be more effective and efficient in the local community, which will positively reflect on their business model and in achieving higher sustainability levels.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.