Exploring the perspectives of corporate governance and theories on Sustainability Risk Management (SRM)
The motivation of this paper stems from the importance of observing good corporate governance by means of SRM approach to create sustainable value for corporate survival.This study explores the perspectives of corporate governance and underlying theories related to sustainability risk management...
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| Main Authors: | , , |
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| 格式: | Article |
| 語言: | English |
| 出版: |
Asian Economic and Social Society
2015
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| 主題: | |
| 在線閱讀: | http://repo.uum.edu.my/16889/1/6.pdf http://repo.uum.edu.my/16889/ http://www.aessweb.com/journals/October2015/5002/3309 |
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| 總結: | The motivation of this paper stems from the importance of observing good corporate governance
by means of SRM approach to create sustainable value for corporate survival.This study explores
the perspectives of corporate governance and underlying theories related to sustainability risk
management (SRM). There is a growing concern that good corporate governance has an impact on SRM program.Good corporate governance influences companies to adopt sustainable business practices through a more holistic risk management approach in addressing both financial and non financial
risks. Modern portfolio, stakeholder and legitimacy theories are the accepted paradigm in
fostering a good corporate governance through the adoption of sustainable risk management in
addressing sustainability risk.This paper adds to the literature by highlighting the importance of
corporate governance through adoption of sustainable risk management practices in maximizing economic, environmental and social performance. |
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