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A paradoxical perspective on the time dimension of corporate sustainability: Having both finite and infinite mindsets to play the game
Journal article   Open access   Peer reviewed

A paradoxical perspective on the time dimension of corporate sustainability: Having both finite and infinite mindsets to play the game

Lin Wu, Nachiappan Subramanian, Kulwant S. Pawar, Miao Wang, Ajay Kumar and Kim Hua Tan
Journal of Cleaner Production, Vol.480, 144082
15/11/2024

Abstract

Corporate sustainability (CS) Time Finite and infinite games Paradox Organizational mindset
Adopting a paradoxical perspective, we propose that companies need to have both finite and infinite mindsets to play the infinite game of corporate sustainability (CS). The current development of the paradoxical approach to CS focuses primarily on tension management, with limited attention directed to the time dimension and insufficient empirical evidence on how tensions between the present and the future should be dealt with. To bridge this gap, we empirically explore the effect of CS practices, driven by both finite and infinite mindsets, on CS performance. Data collected from a large-scale survey of Chinese automotive manufacturers were analyzed using the Entropy Weight Method (EWM) and Ordinary Least Squares (OLS) regressions. Findings suggest that a timebased paradoxical perspective on CS exists in firms, and they have realized short- and long-term benefits from implementing different types of CS practices. Our findings complement the CS literature on tension management and encourage businesses and policymakers to take a paradoxical approach to CS processes and outcomes.
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CC BY V4.0 Open Access

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UN Sustainable Development Goals (SDGs)

Contributed to the advancement of the following goal(s):

#9 Industry, Innovation and Infrastructure

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Collaboration types
Domestic collaboration
International collaboration
Citation topics
6 Social Sciences
6.3 Management
6.3.385 Corporate Social Responsibility
Web of Science research areas
Engineering, Environmental
Environmental Sciences
Green & Sustainable Science & Technology
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