Abstract
Over the past 30 years, scholars have been calling for modern management theory and research to consider how strategic management tools could be applied to enhance corporate sustainability. While strategic management for sustainability has emerged as a multidisciplinary field, the existing knowledge base has yet to be systematic reviewed. This paper responded to the literature gap by conducting a bibliometric review of strategic management for sustainability. The paper aimed to document the landscape and composition of this literature through the analysis of 988 relevant Scopus-indexed documents. Data analyses found that the strategic management for sustainability knowledge base remained an emergent field with increasing interests from diverse groups of international scholars in various fields, particularly in environmental science, engineering, and strategic business management. Over the past three decades, the literatures have been continuously grown from a few publications in the early 1990s to almost 1000 documents to date. The review found that the most influential journals and authors of this knowledge base were international in scope but predominately from Western developed countries. Five Schools of Thought from author co-citation analysis revealed the intellectual clustering composition of the knowledge base on strategic management for sustainability: corporate sustainability strategy, sustainable waste management, strategic sustainability systems, strategic sustainability management and entrepreneurship, and sustainability assessment strategy. Key topics addressed in this research include the distribution of documents across the most highly cited journals, reflecting the breadth, quality and influential scholars in the strategic management for sustainability knowledge domain, naming of the influential scholars in the field and identification of contemporary foci and research front in the existing literature through the keyword co-occurrence analysis and co-word map. The strategic management for sustainability field has evolved from the key topics related to the green movement at the policy-driven macro level (i.e., ecological or environmental protection/impact, water/waste management and natural resource conservation) to the practicality in organizations with the topics related to social strategic responsibility and business management issues (i.e., corporate strategy, project management, supply chain management, information management, adaptive management, corporate sustainability). In addition to a retrospective, insightful prospective interpretation, practical implication, limitations and future research direction are discussed.
Highlights
Driven by the global development framework launched by the World Commission on Economic Development (WCED) in 1987, sustainability efforts have evolved at the strategic, macro-level of institutions and societies [1]
More institutes have increasingly begun to adopt the topic as a strategic focus, while businesses have long been asked to go beyond profit maximization, care for morality with greater responsibility and embrace a holistic interconnectivity of all systems together to enhance corporate sustainability [7]
This research review employs science mapping in order to develop a comprehensive picture of knowledge accumulation with respect to a specific management domain in the sustainability literature
Summary
Driven by the global development framework launched by the World Commission on Economic Development (WCED) in 1987, sustainability efforts have evolved at the strategic, macro-level of institutions and societies [1]. Sustainability strategy is analyzed as a source of competitive advantage [13,14,15], aimed at enhancing corporate performance [16] and long-term resilience [17]. Both the growth of strategic management and its emerging centrality in the operation of organizations has been well documented in a number of broad-scale bibliometric reviews of research [18,19,20,21]. The science mapping methodology used in this review reveals the conceptual structure of this literature and provides intellectual insights into how strategic management can create sustainable organizations and societies. This paper suggests strategic foresight and ways forward to a more synergistic sustainable future
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