A framework for selecting optimal strategies to mitigate the corporate sustainability barriers

Chowdhury, MMH; Hossain, MM; Dewan, MNA

A framework for selecting optimal strategies to mitigate the corporate sustainability barriers

Chowdhury, MMH

Hossain, MM Dewan, MNA

Permalink

Publication Type:: Journal Article
Citation:: Corporate Ownership and Control, 2015, 13 (1CONT4), pp. 462 - 481
Issue Date:: 2015-01-01

Closed Access

	Filename	Description	Size
	CoC_moazzem_paper_vol13issue1cont4.pdf	Published Version	898.19 kB	Adobe PDF	View/Open

Copyright Clearance Process

Recently Added
In Progress
Closed Access

This item is closed access and not available.

Full metadata record

Field	Value	Language
dc.contributor.author	Chowdhury, MMH https://orcid.org/0000-0001-7735-9642	en_US
dc.contributor.author	Hossain, MM	en_US
dc.contributor.author	Dewan, MNA	en_US
dc.date.issued	2015-01-01	en_US
dc.identifier.citation	Corporate Ownership and Control, 2015, 13 (1CONT4), pp. 462 - 481	en_US
dc.identifier.issn	1727-9232	en_US
dc.identifier.uri	http://hdl.handle.net/10453/113506
dc.description.abstract	© 2015, Virtus Interpress. All rights reserved. This paper develops a framework to prioritize the barriers to corporate sustainability and select the strategies to mitigate those barriers by applying an optimization based analytical hierarchy process integrated quality function deployment framework with multiple case studies. This research has collected data from the textile and clothing industries (six case companies) from an emerging economy, Bangladesh. Contingency theory, resource-based view and stakeholder theory are adopted to explain the sustainability barriers and their mitigation process through optimal use of resources. The study finds that lack of awareness, lack of governance, the utility supply problem and lack of expertise are the main barriers of CS. The findings also indicate that internal and external audits regarding compliance issues and setting policies for sustainability standards are considered as highly important mitigation strategies. Finally, the study identifies the optimal mitigation strategies based on maximising the relative importance while considering savings from the simultaneous implementations of strategies and constrained resources. This study advances existing CS literature by developing a framework to prioritize CS barriers and selects optimal strategies to mitigate those barriers. The developed framework should be of interest to organisations’ decision makers (specifically in the case of apparel industry of Bangladesh) in countries which have a similar institutional context.	en_US
dc.relation.ispartof	Corporate Ownership and Control	en_US
dc.title	A framework for selecting optimal strategies to mitigate the corporate sustainability barriers	en_US
dc.type	Journal Article
utslib.citation.volume	1CONT4	en_US
utslib.citation.volume	13	en_US
utslib.for	1502 Banking, Finance and Investment	en_US
utslib.for	1503 Business and Management	en_US
utslib.for	1501 Accounting, Auditing and Accountability	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
utslib.copyright.status	closed_access
pubs.issue	1CONT4	en_US
pubs.publication-status	Published	en_US
pubs.volume	13	en_US

Abstract:

© 2015, Virtus Interpress. All rights reserved. This paper develops a framework to prioritize the barriers to corporate sustainability and select the strategies to mitigate those barriers by applying an optimization based analytical hierarchy process integrated quality function deployment framework with multiple case studies. This research has collected data from the textile and clothing industries (six case companies) from an emerging economy, Bangladesh. Contingency theory, resource-based view and stakeholder theory are adopted to explain the sustainability barriers and their mitigation process through optimal use of resources. The study finds that lack of awareness, lack of governance, the utility supply problem and lack of expertise are the main barriers of CS. The findings also indicate that internal and external audits regarding compliance issues and setting policies for sustainability standards are considered as highly important mitigation strategies. Finally, the study identifies the optimal mitigation strategies based on maximising the relative importance while considering savings from the simultaneous implementations of strategies and constrained resources. This study advances existing CS literature by developing a framework to prioritize CS barriers and selects optimal strategies to mitigate those barriers. The developed framework should be of interest to organisations’ decision makers (specifically in the case of apparel industry of Bangladesh) in countries which have a similar institutional context.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/113506