Patient Capital - The Role of Family Firms in Sustainable Business (Paperback)

Sustainable businesses create economic and social value while simultaneously protecting the natural environment for future generations. This examination of environmental sustainability through the lens of the family business identifies factors that help family and non-family organizations address the dilemma of balancing short-term productivity, efficiency and profitability objectives, with innovating for long-term sustainable value creation. Exploring the case of the wine industry - an industry characterized by a variety of governance systems - Sanjay and Pramodita Sharma develop fresh insights into influences and drivers for proactive environmental strategies to address major global sustainability challenges. By doing so, the authors are able to demonstrate that family firms with a focus on trans-generational continuity of business, long temporal orientation, shared vision, faster decision-making processes, and the goal of preserving socio-emotional wealth are more likely to make patient long-term investments for innovations in products, services, processes and business models to address environmental sustainability challenges.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Series:	Organizations and the Natural Environment
Release date:	March 2022
Authors:	Sanjay Sharma • Pramodita Sharma
Dimensions:	228 x 151 x 13mm (L x W x T)
Format:	Paperback - Trade
Pages:	256
ISBN-13:	978-1-107-55922-6
Categories:	Books > Business & Economics > Business & management > Business negotiation Books > Business & Economics > Business & management > Ownership & organization of enterprises > General Books > Earth & environment > The environment > Applied ecology > General
LSN:	1-107-55922-7
Barcode:	9781107559226

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