Corporate competitiveness and sustainability risks

Author:

Braendle UdoORCID,Mozghovyi Yaroslav,Huryna Kateryna

Abstract

This paper aims at providing a theoretical analysis of the existing research on corporate competition and sustainability risks that occur when companies aspire to reach maximum competitive advantages and gain competitive benefits compared to their rivals. Competitiveness has been described as a multidimensional, theoretical and relative concept linked with the market mechanism. The concept of competitiveness may refer to different levels of aggregation: national, regional, industrial and individual companies. This paper contributes to the theoretical research on corporate competitiveness by the analysis of old and new definitions of this category. It also notes that the sustainability risks connected to competition can be divided into several groups where the authors highlight environmental, legal, financial risks, behaviour risks and state-related risks as the most crucial ones. For companies to be fit for the competitive challenge, the paper identifies main characteristics of such risks and gives policy guidance for their avoidance.

Publisher

Virtus Interpress

Subject

Strategy and Management,Economics and Econometrics,Finance

Reference58 articles.

1. Ajitabh, A., & Momaya, K. (2004). Competitiveness of firms: Review of theory, frameworks and models. Singapore Management Review, 26(1), 45-61.

2. Allen, F., & Gale, D. (2000). Financial contagion. Journal of political economy, 108(1), 1-33. https://doi.org/10.1086/262109

3. Association of British Insurers (2004). Risk Return, Responsibility. London: ABI. Retrieved from the World Wide Web: http://www.abi.org.uk/Display/ File/364/Risk_rewards_and_responsibility_1204__RISKS.pdf

4. Basu, S. (2011). Evolving nature of firm level competitiveness – A technical note. Indore Management Journal, 3(3), 52-57.

5. Bent, D. (2013). Competitiveness and sustainability: Building the best future for your business. Forum for the Future Sustainable Business initiative. Retrieved from the World Wide Web: https://www.icaew.com/-/media/corporate/files/ technical/sustainability/competitiveness-and-sust ainability-building-the-best-future-for-your-busine ss.ashx?la=en

Cited by 4 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3