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Sustainability Channels of Business

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Book cover Sustainability Valuation of Business

Part of the book series: SpringerBriefs in Finance ((BRIEFSFINANCE))

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Abstract

This chapter is the first step in sustainability valuation. As the contribution of business to the sustainability of society is the key driver of the business value, it illustrates how the society can build its decision-making model of sustainability and derive policy that would best serve to sustainability development of the society. As the way in which business is run may not automatically assure production of positive sustainability, this chapter introduces the concept of sustainability channels which indicate the system that transfers de jure business sustainability into de facto business sustainability. This mechanism induces businesses to get more engaged in creating sustainability of society.

Out of own interests, people have authority to delegate making and forcing laws to the state. They keep certain rights that can never be given to the state. These constitutional rights, e.g. right of health and healthy climate, must always be able to be brought to court in case government fails. (Locke, 17th century)

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Notes

  1. 1.

    Appendix D is an example of a macromodeling of sustainability at the earth level.

  2. 2.

    We develop a model how political economic regimes naturally arise in Appendix E.

  3. 3.

    We would not call it business footprints if economic sustainability of business is hurt by focusing on other two types of sustainability disproportionately.

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Authors and Affiliations

  1. University of Antwerp, Antwerpen, Belgium

    Yonghyup Oh

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Correspondence to Yonghyup Oh .

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Oh, Y. (2019). Sustainability Channels of Business. In: Sustainability Valuation of Business. SpringerBriefs in Finance. Springer, Cham. https://doi.org/10.1007/978-3-030-18648-7_2

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