Found 2 article(s) for author 'Corporate Strategy'

Yes, Sustainability Can Be a Strategy

Yes, Sustainability Can Be a Strategy. George Serafeim, February 11, 2019, Opinion, “In recent years, a growing number of companies around the world have voluntarily adopted and implemented a broad range of sustainability practices. The accelerating rate of adoption of these practices has also provoked a debate about the nature of sustainability and its long-term implications for organizations. Is the adoption of sustainability practices a form of strategic differentiation that can lead to superior financial performance? Or, is it a strategic necessity that can ensure corporate survival but not necessarily outperformance?Link

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Integrated Strategy: Residual Market Imperfections as the Foundation of Sustainable Competitive Advantage

Integrated Strategy: Residual Market Imperfections as the Foundation of Sustainable Competitive Advantage. Felix Oberholzer-Gee, Dennis Yao, February 1, 2017, Paper, “Market imperfections are central to understanding the mechanisms that permit firms to capture value. Through competition leading firms often reduce these imperfections, making markets more efficient. The remaining imperfections become a primary impetus for government intervention. Hence, understanding residual market imperfections – those imperfections that persist after market competition and regulation are accounted for – must undergird any assessment of the long-term attractiveness of firm strategies. Our proposed framework provides an integrated view of competition and government intervention, two of the principal forces that influence variation in firm profitability.Link

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