Corporate participation in regional sustainability initiatives

Corporate participation in regional sustainability initiatives

Zsóka, A.
Zilahy, G.

2010-10-27

Regional Sustainability Initiatives (RSIs) may play a significant role in promoting the cooperation of different stakeholders of society towards a more sustainable future. RSIs can often deal with a number of environmental and social problems more effectively and efficiently than international, national or local activities. RSIs are getting more and more frequent in many countries and are also promoted by the European Union. An on-going research project conducted at the Corvinus University of Budapest, supported by the EEA and the Norwegian Financial Mechanism, aims at the characterization of such Regional Sustainability Initiatives from the point of view of corporate participation. The research examines the underlying principles of RSIs and their implementation in practice; the motivational factors of different stakeholders. The paper introduces six theories which can explain corporate participation in RSIs, the barriers to participation and the success factors. The first results of an interview based empirical survey are presented and short recommendations for policymakers are provided.

regional development
regional sustainability initiatives
stakeholder participation
corporate sustainability
corporate involvement is SD

http://resolver.tudelft.nl/uuid:64afbf74-fe45-4443-95c3-d68481806a0e

Conference proceedings

conference paper

(c) 2010 Zsóka, A.; Zilahy, G.