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Corporate Sustainable Development: Testing a New Scale Based on the Mainland Chinese Context
Authors:Wing S Chow  Yang Chen
Institution:(1) Department of Finance and Decision Sciences, School of Business, Hong Kong Baptist University, Waterloo Road, Kowloon Tong, Hong Kong
Abstract:According to the predominant corporate sustainable development (CSD) framework, this exploratory paper verifies that CSD construct can be modeled by integrating the dimensions of social, economic, and environmental development. We first developed and validated measurement scales for these three dimensions based on a survey of 314 managers in mainland China. Then, using structural equation modelling, we confirmed that the proposed model is valid. Therefore, our findings may allow researchers to explore CSD further, and practitioners to develop their understanding of CSD initiatives in organizations.
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