Naslov
21st Century Challenges Require Deep Transformation of Current Corporate Governance Concept and CSR Model

Autori
Pavlović, Andreja ; Cimeša, Miljenko ; Takahashi, Marta

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
4th International Conference on Governance, Management and Entrepreneurship: New Governance for Value Creation Towards Stakeholding and Participation / Tipurić, Darko ; Kovač, Ivana - Zagreb : Centar za istraživanje i razvoj upravljanja (CIRU) ; Odjel za ekonomiju i poslovnu ekonomiju Sveučilišta u Dubrovniku, 2016, 482-498

ISBN
978-953-8079-01-6

Skup
4th International Conference on Governance, Management and Entrepreneurship: New Governance for Value Creation Towards Stakeholding and Participation

Mjesto i datum
Dubrovnik, Hrvatska, 15.04.2016. - 16.04.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
New integrated management & CSR model ; Short-termism ; Sustainable development

Sažetak
Managers are these days predominantlyexpected to deliver constantand non-restrained maximization of stakeholder valuei.e. risesin the stock prices. This type of short-terminism behaviour is globally recognized phenomenon, with the CSR still not being able to provide a platform for resolution of the conflict between short-term preoccupations and long-term imperative for sustainable development. As a result, companies governed by immediate concerns are not able to provide adequate responses to unprecedented ecological, economic, social, political and cultural challenges, global and local. Therefore, the approach based on assumption that companies can continue performing in an unchanged way has to be deliberately changed into the new sustainability paradigm. The necessary first step on this path should be analysis of thefactors contributing to the short-termism and corporate social responsibility activities of the companies. Such analysis will provide a base for proposing a new integrated management & CSR model, which will require transformation of organizations. Key agents of this transformation shall be socially responsible leaders, who will be crucial for changingtheunderlying short-termism. The authors will be analyzing the available literature on management, governance, leadership and CSR theory and practice. The outcome of the paper is presentation of a new integrated management & CSR model, organizational transformation and development of socially responsible leaders.

Izvorni jezik
Engleski

Znanstvena područja
Informacijske i komunikacijske znanosti

POVEZANOST RADA