Title: The practice of sustainable business: a New Zealand perspective

Authors: Andrea Bather; Dani Foo; Martin Kelly; Alison McCourt; Jagdeep Singh-Ladhar

Addresses: Department of Accounting, The University of Waikato, Private Bag 3105, Hamilton 3240, New Zealand. ' Department of Accounting, The University of Waikato, Private Bag 3105, Hamilton 3240, New Zealand. ' Department of Accounting, The University of Waikato, Private Bag 3105, Hamilton 3240, New Zealand. ' Department of Accounting, The University of Waikato, Private Bag 3105, Hamilton 3240, New Zealand. ' Department of Accounting, The University of Waikato, Private Bag 3105, Hamilton 3240, New Zealand

Abstract: The paper outlines the business decision making paradigm that prevailed in the 20th century and how the resultant business decisions revealed deficiencies in that paradigm. However, it recognises that some powerful forces in society wish to retain the 20th century model; there is much available evidence to demonstrate the dangers inherent in such a strategy. Those engaged in business decision making today must recognise the urgent need for a paradigm shift away from the 20th century business decision making model, if our fragile planet is to survive in a form able to sustain human life.

Keywords: sustainable business; corporate governance; environmental review; sustainability reporting; New Zealand; sustainable development; business decision making.

DOI: 10.1504/IER.2012.046097

Interdisciplinary Environmental Review, 2012 Vol.13 No.1, pp.10 - 20

Published online: 16 Aug 2014 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article