Time and business sustainability: Socially responsible investing in Swiss banks and insurance companies

Item Type Journal paper
Abstract

Business sustainability aims to combine market logic with social welfare logic. In literature, it is commonly assumed that sustainability and the social welfare logic associated with it are characterized by a long-term orientation. However, this assumption is problematic because this principle may not apply in certain contexts. This qualitative study challenges this assumption and focuses on the mechanisms by which time affects the adoption of sustainability practices in the context of socially responsible investing (SRI) practices in Swiss banks and insurance companies. The article provides insights into the mechanisms associated with different time horizons and investigates their effects on the adoption of SRI in financial intermediaries. It also shows how the dimension of time shapes interactions between the two institutional logics underlying SRI in business organizations through specific mechanisms

Authors Risi, David
Journal or Publication Title Business & society
Language English
Subjects business studies
social sciences
HSG Classification contribution to scientific community
Refereed Yes
Date 1 September 2020
Publisher Sage Periodicals Press
Place of Publication Thousand Oaks, Calif. [u.a.]
Volume 59
Number 7
Page Range 1410-1440
Number of Pages 30
ISSN 0007-6503
ISSN-Digital 1552-4205
Publisher DOI 10.1177/0007650318777721
Depositing User Dr. David Risi
Date Deposited 31 May 2018 16:59
Last Modified 10 Aug 2020 10:09
URI: https://www.alexandria.unisg.ch/publications/254320

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Citation

Risi, David (2020) Time and business sustainability: Socially responsible investing in Swiss banks and insurance companies. Business & society, 59 (7). 1410-1440. ISSN 0007-6503

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https://www.alexandria.unisg.ch/id/eprint/254320
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