Environmental Attitudes and Environmental Stewardship: Implications for Sustainability

Although shareowners and boards are critical to shaping a firm’s environmental behavior, this paper gives focus to management practitioners based on their operational functions within the firm. It argues that environmental stewardship is determined by the worldview of managers from which their attitude and ethical response to environmentally-related issues are shaped. The New Ecological Paradigm (NEP) scale is applied to determine the environmental attitude of managers, but the discussion also considers the Dominant Social Paradigm (DSP) to provide further valuable insights to enhance the implications of worldviews on sustainability

Corporate Governance in the Emerging Economics of the Caribbean: Peculiarities, Challenges, and a Future Pathway

Building on corporate governance research and responsible leadership theory this paper examines, through a multiple case approach, three major cases of corporate failures in the emerging economies of Barbados, Jamaica, and Trinidad and Tobago, member states of the Caribbean Community trade bloc. The paper accordingly provides valuable insights into the dynamics of corporate governance in the Caribbean and proposes a responsible leadership approach as a framework to mitigating agency-problems and addressing the changing business contexts of the region. The paper suggests that researchers and practitioners need to develop a more holistic approach towards understanding corporate governance by going beyond traditional governance mechanisms and controls, and incorporating responsible leadership levels of analysis into the equation. It also establishes that regulators, boards, management, and auditors are critical to avoiding corporate failures and that good corporate governance is fundamental to the performance and sustainability of firms and economies as a whole

Capital Budgeting and Sustainable Enterprises: Ethical Implications

This article focuses upon the growing, universal influence of social, environmental, and economic factors in business decision-making and the possibility of developing sustainable enterprises through a triple-bottom-line, capital budgeting approach

Corporate Social Responsibility in Caribbean Community: Lessons from Trinidad and Tobago

This paper seeks to examine the practice of corporate social responsibility (CSR) in the Caribbean Community and gives special attention to Trinidad and Tobago where the corporate sector is considered one of the most developed in the region. It asserts that philanthropy is the dominant approach to CSR and the capacity of the region’s corporate sector limits the impact of CSR as a strategy for achieving sustainable development. The paper also identifies the lack of resources and competing priorities as leading challenges to companies fully embracing and investing in sustainable CSR initiatives. Embedding CSR issues into the strategy and operations of companies is considered to be the most effective approach in addressing the challenges associated with CSR practice in Trinidad and Tobago and the wider region. There is also a need for government to become more proactive in delivering a credible and incentive-appealing national strategy on CSR and for board of directors to champion these initiatives.