CEO talk of sustainability in CEO letters: towards the inclusion of a sustainability embeddedness and value-creation perspective
(2023) In Sustainability Accounting, Management and Policy Journal 14(7). p.26-61- Abstract
- Purpose
This paper aims to examine how CEO talk of sustainability in CEO letters evolves in a period of increased expectations from society for companies to increase their transition towards becoming more sustainable and to better account for progress and performance within the sustainability areas.
Design/methodology/approach
By adopting an interpretive textual approach, the paper provides a careful analysis of how CEO talk of sustainability in CEO letters of large listed Swedish companies developed during 2008–2017.
Findings
The talk of sustainability is successively becoming more elaborated, proactive and multidimensional. CEOs frame their talk by adopting different perspectives: the distinct environmental,... (More) - Purpose
This paper aims to examine how CEO talk of sustainability in CEO letters evolves in a period of increased expectations from society for companies to increase their transition towards becoming more sustainable and to better account for progress and performance within the sustainability areas.
Design/methodology/approach
By adopting an interpretive textual approach, the paper provides a careful analysis of how CEO talk of sustainability in CEO letters of large listed Swedish companies developed during 2008–2017.
Findings
The talk of sustainability is successively becoming more elaborated, proactive and multidimensional. CEOs frame their talk by adopting different perspectives: the distinct environmental, the performance and meso, the product-market-oriented and the sustainability embeddedness and value creation. The shift towards an embeddedness and value-creation perspective in the later letters implies that the alleged capitalistic and short-sighted focus on shareholder value maximisation might be changing towards a greater focus on sustainability embeddedness as an important goal for succeeding with the transition towards a sustainable business.
Practical implications
The findings are relevant for policymakers and government bodies when developing policies and regulations aimed at improving the positive impact of companies on global sustainable development. Findings are also useful for management teams when structuring their sustainability talk as a response to external pressure.
Social implications
The findings provide relevant input on how social norms, values and expectations are shaping the corporate discourse on sustainability.
Originality/value
The findings of this study contribute to an increased understanding of the rhetorical response in influential CEO letters to the surrounding sustainability context, including new national and international policies as well as sociopolitical events and discourses related to sustainability. This offers a unique frame of reference for further interpretational work on how CEOs frame, engage in and shape the sustainability discourse.
(Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/6799d52b-c7d0-401a-9ff4-7c8a34bfe677
- author
- Arvidsson, Susanne LU
- organization
- publishing date
- 2023-01-05
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- CEO talk, Sustainability communication, CEO letters, Legitimacy, Corporate response, Sustainability embeddedness
- in
- Sustainability Accounting, Management and Policy Journal
- volume
- 14
- issue
- 7
- pages
- 26 - 61
- publisher
- Emerald Group Publishing Limited
- external identifiers
-
- scopus:85146128917
- ISSN
- 2040-8021
- DOI
- 10.1108/SAMPJ-07-2021-0260
- language
- English
- LU publication?
- yes
- id
- 6799d52b-c7d0-401a-9ff4-7c8a34bfe677
- date added to LUP
- 2022-11-23 10:23:02
- date last changed
- 2023-02-16 11:35:54
@article{6799d52b-c7d0-401a-9ff4-7c8a34bfe677,
abstract = {{Purpose<br/>This paper aims to examine how CEO talk of sustainability in CEO letters evolves in a period of increased expectations from society for companies to increase their transition towards becoming more sustainable and to better account for progress and performance within the sustainability areas.<br/><br/>Design/methodology/approach<br/>By adopting an interpretive textual approach, the paper provides a careful analysis of how CEO talk of sustainability in CEO letters of large listed Swedish companies developed during 2008–2017.<br/><br/>Findings<br/>The talk of sustainability is successively becoming more elaborated, proactive and multidimensional. CEOs frame their talk by adopting different perspectives: the distinct environmental, the performance and meso, the product-market-oriented and the sustainability embeddedness and value creation. The shift towards an embeddedness and value-creation perspective in the later letters implies that the alleged capitalistic and short-sighted focus on shareholder value maximisation might be changing towards a greater focus on sustainability embeddedness as an important goal for succeeding with the transition towards a sustainable business.<br/><br/>Practical implications<br/>The findings are relevant for policymakers and government bodies when developing policies and regulations aimed at improving the positive impact of companies on global sustainable development. Findings are also useful for management teams when structuring their sustainability talk as a response to external pressure.<br/><br/>Social implications<br/>The findings provide relevant input on how social norms, values and expectations are shaping the corporate discourse on sustainability.<br/><br/>Originality/value<br/>The findings of this study contribute to an increased understanding of the rhetorical response in influential CEO letters to the surrounding sustainability context, including new national and international policies as well as sociopolitical events and discourses related to sustainability. This offers a unique frame of reference for further interpretational work on how CEOs frame, engage in and shape the sustainability discourse.<br/>}},
author = {{Arvidsson, Susanne}},
issn = {{2040-8021}},
keywords = {{CEO talk; Sustainability communication; CEO letters; Legitimacy; Corporate response; Sustainability embeddedness}},
language = {{eng}},
month = {{01}},
number = {{7}},
pages = {{26--61}},
publisher = {{Emerald Group Publishing Limited}},
series = {{Sustainability Accounting, Management and Policy Journal}},
title = {{CEO talk of sustainability in CEO letters: towards the inclusion of a sustainability embeddedness and value-creation perspective}},
url = {{http://dx.doi.org/10.1108/SAMPJ-07-2021-0260}},
doi = {{10.1108/SAMPJ-07-2021-0260}},
volume = {{14}},
year = {{2023}},
}