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Full Length Research Paper
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Managing corporate
sustainability: Risk management process based perspective
Ayse Kucuk Yilmaz1*
and Triant Flouris2
1Department
of Aviation Management,
School of Civil Aviation, Anadolu University, 26470
Eskisehir, Turkey.
2School of Aviation Sciences, Daniel Webster
College, Nashua, NH 03063-1300, USA.
*Corresponding author. E-mail:
akucukyilmaz@gmail.com. Tel:
+90222 335 0580-6962.
Accepted 17 December, 2009 |
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Abstract |
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Sustainability risk management requires holistic
and systematic integration of ecological, socioeconomic, and
corporate risk factors in the business management. This paper
presents an integrative conceptual framework for sustainability
risk management in enterprise-wide. The development of this
integrative framework is accomplished by tailoring of the
enterprise risk management framework. In this paper, the
conceptual model to corporate sustainability is offered as the
specific management and organizational system to both manage and
integrate the corporate goals in order to create economic and
financial value and awareness of environmental and social
responsibility.
Key words:
Corporate sustainability, management, risk, risk management,
strategic management, sustainability. |