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Communication

Organic Growth Theory for Corporate Sustainability

1
Aban Foundation, 187 65 Stockholm, Sweden
2
SimEx/FLOW, Engineering Mechanics, KTH Royal Institute of Technology, 100 44 Stockholm, Sweden
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Sustainability 2020, 12(20), 8523; https://doi.org/10.3390/su12208523
Received: 7 August 2020 / Revised: 2 October 2020 / Accepted: 8 October 2020 / Published: 15 October 2020
(This article belongs to the Section Economic and Business Aspects of Sustainability)
This paper introduces a theory for the evolution of corporates in which the growth and sustainability strategies are developed simultaneously. Since the introduction of corporate sustainability, it has been seen an extra cost for risk mitigation and making “compensating” positive impact. The world has reached a tipping point of volatility, mainly due to climate change but also due to the emergence of COVID-19, therefore the applicability of existing corporate structures is under question and this poses high risk to the existence of our planet. On the other hand, the technology cost for sustainable investment has reached parity in comparison with non-sustainable alternatives. Therefore, our proposed Organic Growth Theory introduces a step-by-step approach so that corporates can grow and be profitable without compromising the ability of future generations to meet their needs. It is concluded that a new structure for corporates, called founcorps, would be required to direct corporates to evolve into being a responsible legal entity. View Full-Text
Keywords: corporate sustainability strategy; corporate growth strategy; Maslow pyramid; Organic Growth Theory; corporate social responsibility; corporate responsibility; sustainability corporate sustainability strategy; corporate growth strategy; Maslow pyramid; Organic Growth Theory; corporate social responsibility; corporate responsibility; sustainability
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MDPI and ACS Style

Karnama, A.; Vinuesa, R. Organic Growth Theory for Corporate Sustainability. Sustainability 2020, 12, 8523. https://doi.org/10.3390/su12208523

AMA Style

Karnama A, Vinuesa R. Organic Growth Theory for Corporate Sustainability. Sustainability. 2020; 12(20):8523. https://doi.org/10.3390/su12208523

Chicago/Turabian Style

Karnama, Ahmad; Vinuesa, Ricardo. 2020. "Organic Growth Theory for Corporate Sustainability" Sustainability 12, no. 20: 8523. https://doi.org/10.3390/su12208523

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