Pioneering family firms' sustainable development strategies / edited by Pramodita Sharma (Schlesinger-Grossman Endowed Chair in Family Business, Grossman School of Business, University of Vermont, USA), Sanjay Sharma (dean and professor of management, Grossman School of Business, University of Vermont, USA).

Format:

Book

Contributor:

Sharma, Sanjay, 1955- editor.

Sharma, Pramodita, editor.

Edward Elgar Publishing, publisher.

Series:

New horizons in sustainability and business.

New horizons in sustainability and business

Language:

English

Subjects (All):

Family-owned business enterprises--Environmental aspects.

Family-owned business enterprises.

Sustainable development.

Social responsibility of business.

Physical Description:

1 online resource (xv, 353 pages) : illustrations.

Place of Publication:

Cheltenham, UK ; Northampton, MA, USA : Edward Elgar Publishing, [2021]

Summary:

"This book describes the sustainable development journey of 15 business families committed to using their enterprises as a force of societal good. In turn, each family reaps benefits of high economic returns, while contributing to society and environment. The youngest family firm is in its 20s, while there are others over 100 years of age. Size, industry, locations vary. But all these business families share a deep shared commitment towards sustainable development, control over strategic decision-making in their firms and trans-generational continuity intentions. Family values embed their enterprises with a strong sense of purpose to achieve their chosen sustainable development goals. Professionalized systems and processes foster the development of capabilities, and partnerships with a variety of stakeholders ensure the simultaneous achievement of social, environmental and profitability goals."-- Provided by publisher.

Contents:

Part I. Introduction: 1. Pioneering business families committed to sustainable development / Pramodita Sharma and Sanjay Sharma.

Part II. Designed for sustainability: 2. Sustainability comes naturally : Rocky Mountain Soap Company, a purpose-driven family business / Pramodita Sharma, Sanjay Sharma and Alexa Steiner

3. Supreme Creations and Wings of Hope : a symbiotic care of environment and society / Pramodita Sharma, Sanjay Sharma and Alyssa Schuetz

4. Biofilter : a Hungarian champion for the circular economy and stakeholder capitalism / Caroline Seow and Maria José Parada.

Part III. Transformed for sustainable development: 5. The evolution of a sustainable energy family business : the case of Thermax / Kavil Ramachandran and Yashodhara Basuthakur

6. Kemin Industries : a sustainable future in focus / Justin B. Craig and Gary Bowman

7. Social capital as a pathway to sustainability at State Garden / Pramodita Sharma and Rocki-Lee DeWitt

8. Griffith Foods : nourishing the world / Stuart L. Hart

9. Royal Van Wijhe Coatings : sustainability over four generations / Judith van Helvert and Rosemarie Steenbeek

10. GMA Garnet's circular economy : Jebsen & Jessen's leadership in environmental sustainability / Marta Widz and Vanina Farber

11. Tahbilk : a fifth-generation Australian family wine business's journey to sustainability / Michael Browne, Chris Graves and Francesco Barbera.

Part IV. Institutional leadership for sustainability: 12. The role of family values in institutional change toward sustainability in the Bordeaux wine industry / Sanjay Sharma, Tatiana Bouzdine-Chameeva and Joerg S. Hofstetter

13. The Wallenberg family of Sweden : sustainable business development since 1856 / Sarah Jack and Mattias Nordqvist.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-78990-442-0

OCLC:

1244621342