Sustainable corporate development and management models

Abstract

The central aim of this study was to create a vector typology of corporate development models in the context of sustainability. The methodological basis for its achievement was represented by a systematic review of the literature describing the origins of sustainability models and the identification of the most prioritized SDGs in business and society. As the central methodological tools to determine a competitive sustainability model, classification analysis and grounded theory method were used. The research revealed that the stakeholder-centered model is the best solution to perform competitive corporate management in the context of sustainability. Stakeholder-centered model can be expanded by including social and ethical parameters, as well as giving consideration to innovations.