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The Challenge of Sustainability - Corporate Governance in a Complicated World (Paperback)
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The Challenge of Sustainability - Corporate Governance in a Complicated World (Paperback)
Series: The Alexandra Lajoux Corporate Governance Series
Expected to ship within 10 - 15 working days
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The Challenge of Sustainability: Corporate Governance in a
Complicated World reviews the evolution of five types of corporate
governance and their different sustainability objectives. It
discusses the challenges for boards in achieving sustainability
from an environmental, economic, employment, and social perspective
and introduces the concept of a political tragedy of the commons if
boards do what is in the best interests of their profitability
only, without considering their responsibilities and unintended
consequences for their stakeholders. It explains how volatility,
uncertainty, complexity, and ambiguity complicate making
sustainable decisions. This book explores ways of helping prevent
such negative outcomes. John Zinkin asserts the director's need to
reconcile volatility with vision, uncertainty with understanding,
complexity with courage and commitment, and ambiguity with
adaptability. To prevent a potential political tragedy of the
commons, the book suggests new decision-making processes; treating
employees differently; and makes the case for reforming capitalism.
It is aimed at managers, board members and all those who influence
them, including shareholder activists, corporate legal personnel,
politicians, activists and general readers interested in applying
some of these suggestions in their roles as stakeholders, managers
and directors.
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