Creating Value Through Sustainability

Adopting a multidisciplinary approach, this book examines the interaction between ESG strategies and value creation through a macro lens.

The book, in its first chapter, investigates how ESG initiatives can enhance value creation using a framework inspired by strategic cost management. Moreover, the authors take an ethical perspective by investigating the ethics-washing phenomenon associated with the (ir)responsible use of artificial intelligence. Furthermore, the book examines the integration of ESG factors into risk management and performance measurement systems through the lens of management accounting and addresses the interplay between corporate social responsibility and tax avoidance. These analyses highlight how sustainability is a wide-ranging concept capable of engaging the social sciences in various ways.

From a legal standpoint, the book proposes a constitutionally oriented reading of corporate sustainability. It also includes the perspective of financial companies, exploring the role of administrative controls in fostering banks' commitment to sustainability. Moreover, the analysis focuses on an organizational perspective. To explore how human resource management can support ESG strategies, the book conducts a bibliometric analysis and systematic literature review. Finally, the research focuses on the “Società Benefit” to examine this corporate model's effect on default risk.