Kwok, M.L.J.; Kwong, R.; Hui, C.; Liu, K.H.K. Value Statements and Sustainability: A Q-Sort Methodology Approach. Preprints2024, 2024031476. https://doi.org/10.20944/preprints202403.1476.v1
APA Style
Kwok, M.L.J., Kwong, R., Hui, C., & Liu, K.H.K. (2024). Value Statements and Sustainability: A Q-Sort Methodology Approach. Preprints. https://doi.org/10.20944/preprints202403.1476.v1
Chicago/Turabian Style
Kwok, M.L.J., Chun Hui and Ken H. K. Liu. 2024 "Value Statements and Sustainability: A Q-Sort Methodology Approach" Preprints. https://doi.org/10.20944/preprints202403.1476.v1
Abstract
Many corporations have now revised their value statements to showcase their commitment to sustainable development and green business due to the pressing issues of climate and environmental damage. Despite the importance of value statements that can direct companies to achieve sustainable goals, what kind of values can be perceived as organizational orientations to sustainability remains unknown. This study explores how the general public views the inclusion of sustainable components in value statements from the listed companies in Hong Kong by using Q-sort methodology (n = 30). Analyzing the final sample of 40 value statements extracted from 27 listed companies, we identified three factors related to sustainability, namely, Empowering business process management, Empowering customer-centric excellence, and Empowering sustainable progress. This study provides an additional component to the traditional triple bottom line by suggesting that internal operation of a company is an emerging idea to understand corporate sustainability.
Keywords
value statements; sustainability; Q-sort methodology; triple bottom line; business strategy
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
