{"product_id":"business-sustainability-in-asia-isbn-9781119502319","title":"Business Sustainability in Asia","description":"\u003cp\u003e\u003cb\u003eGet familiar with business sustainability in Asia\u003c\/b\u003e \u003c\/p\u003e \u003cp\u003e\u003ci\u003eBusiness Sustainability in Asia\u003c\/i\u003e offers 12 chapters that cover different aspects of business sustainability with a keen focus on its implications in Asia. Anyone who is involved with business sustainability and corporate governance, the financial reporting process, investment decisions, legal and financial advising, assurance functions, and corporate governance education will be interested in this book.\u003c\/p\u003e \u003cp\u003eIt examines business sustainability performance, reporting and assurance and their integration into strategy, governance, risk assessment, performance management, and the reporting process of disclosing governance, ethics, social, environmental, and economic sustainable performance. The book also highlights how people, businesses, and resources collaborate in a business sustainability and accountability model.\u003c\/p\u003e \u003cp\u003e•    Develop an awareness and understanding of the main themes, perspectives, frameworks, and issues pertaining to corporate governance and business sustainability in Asia\u003c\/p\u003e \u003cp\u003e•    Covers a variety of issues relevant to business sustainability in Asia\u003c\/p\u003e \u003cp\u003e•    Authored by an expert who has written extensively on the subject\u003c\/p\u003e \u003cp\u003e•    Understand why organizations worldwide recognize the importance of sustainability performance\u003c\/p\u003e \u003cp\u003eIf you’re a business leader, executive, auditor, or student looking to familiarize yourself with this emerging subject, \u003ci\u003eBusiness Sustainability in Asia\u003c\/i\u003e has you covered.\u003c\/p\u003e \u003cp\u003eForeword xix\u003c\/p\u003e \u003cp\u003ePreface xxi\u003c\/p\u003e \u003cp\u003eAcknowledgments xxv\u003c\/p\u003e \u003cp\u003eList of Abbreviations xxvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Introduction to Business Sustainability 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 1\u003c\/p\u003e \u003cp\u003e2 Introduction 1\u003c\/p\u003e \u003cp\u003e3 Definition 2\u003c\/p\u003e \u003cp\u003e4 Themes of this Book 3\u003c\/p\u003e \u003cp\u003e5 Attributes 5\u003c\/p\u003e \u003cp\u003e6 Principles 5\u003c\/p\u003e \u003cp\u003e7 Dimensions of Sustainability Performance 6\u003c\/p\u003e \u003cp\u003e8 Value Relevance of Sustainability Performance 9\u003c\/p\u003e \u003cp\u003e9 Emergence of Business Sustainability in Asia 10\u003c\/p\u003e \u003cp\u003e10 Sustainability Reporting and Assurance 12\u003c\/p\u003e \u003cp\u003e11 Professional Organizations Influencing Sustainability 14\u003c\/p\u003e \u003cp\u003e12 Best Practices of Sustainability Performance, Reporting and Assurance 16\u003c\/p\u003e \u003cp\u003e13 Managerial Implications of Sustainability Programs and Activities 17\u003c\/p\u003e \u003cp\u003e14 Conclusions 18\u003c\/p\u003e \u003cp\u003e15 Chapter Takeaway 18\u003c\/p\u003e \u003cp\u003eEndnotes 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Sustainability Principles, Theories, Research and Education 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 23\u003c\/p\u003e \u003cp\u003e2 Introduction 23\u003c\/p\u003e \u003cp\u003e3 Institutional Background 24\u003c\/p\u003e \u003cp\u003e4 Sustainability Principles 25\u003c\/p\u003e \u003cp\u003e5 Sustainability Theories 28\u003c\/p\u003e \u003cp\u003e6 Sustainability Standards 34\u003c\/p\u003e \u003cp\u003e7 Global Implications of Sustainability Principles, Theories and Standards 36\u003c\/p\u003e \u003cp\u003e8 Sustainability Research 38\u003c\/p\u003e \u003cp\u003e9 Business Sustainability Education 46\u003c\/p\u003e \u003cp\u003e10 Conclusions 47\u003c\/p\u003e \u003cp\u003e11 Chapter Takeaway 48\u003c\/p\u003e \u003cp\u003eEndnotes 49\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Institutional Settings in Asia Relevant to Business Sustainability 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 53\u003c\/p\u003e \u003cp\u003e2 Introduction 53\u003c\/p\u003e \u003cp\u003e3 Global Move Toward Sustainability Performance, Reporting and Assurance 53\u003c\/p\u003e \u003cp\u003e4 Institutional Settings in Asia 54\u003c\/p\u003e \u003cp\u003e5 Institutional Settings in Asia Relevant for Business Sustainability 68\u003c\/p\u003e \u003cp\u003e6 Conclusions 69\u003c\/p\u003e \u003cp\u003e7 Chapter Takeaway 70\u003c\/p\u003e \u003cp\u003eEndnotes 70\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Drivers and Sources of Business Sustainability Initiatives in the World Including Asia 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 75\u003c\/p\u003e \u003cp\u003e2 Introduction 75\u003c\/p\u003e \u003cp\u003e3 Global Mandatory Business Sustainability Initiatives 76\u003c\/p\u003e \u003cp\u003e4 Global Voluntary Business Sustainability Initiatives 77\u003c\/p\u003e \u003cp\u003e5 Drivers and Sources of Business Sustainability Initiatives in Asia 88\u003c\/p\u003e \u003cp\u003e6 Analysis of Drivers and Sources of Business Sustainability in Asia 117\u003c\/p\u003e \u003cp\u003e7 Conclusions 118\u003c\/p\u003e \u003cp\u003e8 Chapter Takeaway 118\u003c\/p\u003e \u003cp\u003eEndnotes 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Financial Economic Dimension of Sustainability 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 127\u003c\/p\u003e \u003cp\u003e2 Introduction 127\u003c\/p\u003e \u003cp\u003e3 Shared Value Creation 128\u003c\/p\u003e \u003cp\u003e4 Financial Economic Sustainability Performance 129\u003c\/p\u003e \u003cp\u003e5 Forward-Looking Financial Reports 130\u003c\/p\u003e \u003cp\u003e6 Value Relevance of Financial Economic Sustainability 131\u003c\/p\u003e \u003cp\u003e7 Financial Economic Sustainability Reporting in Asia 132\u003c\/p\u003e \u003cp\u003e8 Conclusions 154\u003c\/p\u003e \u003cp\u003e9 Chapter Takeaway 155\u003c\/p\u003e \u003cp\u003eEndnotes 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Governance Dimension of Sustainability 163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 163\u003c\/p\u003e \u003cp\u003e2 Introduction 163\u003c\/p\u003e \u003cp\u003e3 Governance Dimension of Sustainability Performance 164\u003c\/p\u003e \u003cp\u003e4 New Paradigm for Corporate Governance 165\u003c\/p\u003e \u003cp\u003e5 Drivers of Corporate Governance 166\u003c\/p\u003e \u003cp\u003e6 Corporate Governance Functions 171\u003c\/p\u003e \u003cp\u003e7 Emerging Issues in Global Corporate Governance 179\u003c\/p\u003e \u003cp\u003e8 Global Convergence in Corporate Governance 180\u003c\/p\u003e \u003cp\u003e9 Corporate Governance in Asia 182\u003c\/p\u003e \u003cp\u003e10 Corporate Governance Reporting and Assurance 220\u003c\/p\u003e \u003cp\u003e11 Conclusion 221\u003c\/p\u003e \u003cp\u003e12 Chapter Takeaway 222\u003c\/p\u003e \u003cp\u003eEndnotes 223\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Social Dimension of Sustainability 233\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 233\u003c\/p\u003e \u003cp\u003e2 Introduction 233\u003c\/p\u003e \u003cp\u003e3 Social Performance Dimension of Sustainability 233\u003c\/p\u003e \u003cp\u003e4 Corporate Social Responsibility in Asia 236\u003c\/p\u003e \u003cp\u003e5 Best Practices of CSR 250\u003c\/p\u003e \u003cp\u003e6 CSR Issues 253\u003c\/p\u003e \u003cp\u003e7 CSR Reporting and Assurance 256\u003c\/p\u003e \u003cp\u003e8 Conclusions 257\u003c\/p\u003e \u003cp\u003e9 Chapter Takeaway 257\u003c\/p\u003e \u003cp\u003eEndnotes 258\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Ethical Dimension of Sustainability 263\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 263\u003c\/p\u003e \u003cp\u003e2 Introduction 263\u003c\/p\u003e \u003cp\u003e3 Business Ethics 264\u003c\/p\u003e \u003cp\u003e4 Professional Codes of Conduct 266\u003c\/p\u003e \u003cp\u003e5 Workplace Ethics 267\u003c\/p\u003e \u003cp\u003e6 Corporate Culture 269\u003c\/p\u003e \u003cp\u003e7 Business Ethics in Asia 270\u003c\/p\u003e \u003cp\u003e8 Ethics Reporting and Assurance 284\u003c\/p\u003e \u003cp\u003e9 Conclusions 287\u003c\/p\u003e \u003cp\u003e10 Chapter Takeaway 287\u003c\/p\u003e \u003cp\u003eEndnotes 288\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Environmental Dimension of Sustainability 293\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 293\u003c\/p\u003e \u003cp\u003e2 Introduction 293\u003c\/p\u003e \u003cp\u003e3 Global Environmental Initiatives 294\u003c\/p\u003e \u003cp\u003e4 Environmental Initiatives in Asia 298\u003c\/p\u003e \u003cp\u003e5 Environmental Key Performance Indicators 306\u003c\/p\u003e \u003cp\u003e6 Environmental Management Systems 306\u003c\/p\u003e \u003cp\u003e7 Environmental Reporting and Disclosure 307\u003c\/p\u003e \u003cp\u003e8 Environmental Assurance and Auditing 309\u003c\/p\u003e \u003cp\u003e9 Environmental Best Practices 309\u003c\/p\u003e \u003cp\u003e10 Conclusions 312\u003c\/p\u003e \u003cp\u003e11 Chapter Takeaway 313\u003c\/p\u003e \u003cp\u003eEndnotes 313\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Business Sustainability Performance Reporting and Assurance 317\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 317\u003c\/p\u003e \u003cp\u003e2 Introduction 317\u003c\/p\u003e \u003cp\u003e3 Financial and Non-Financial Key Performance Indicators 318\u003c\/p\u003e \u003cp\u003e4 Sustainability Reporting 323\u003c\/p\u003e \u003cp\u003e5 Sustainability Assurance 325\u003c\/p\u003e \u003cp\u003e6 Global Status of Sustainability Performance Reporting and Assurance 327\u003c\/p\u003e \u003cp\u003e7 Sustainability Reporting and Assurance in Asia 329\u003c\/p\u003e \u003cp\u003e8 Best Practices of Sustainability Reporting and Assurance 339\u003c\/p\u003e \u003cp\u003e9 Relevance of Sustainability Information 345\u003c\/p\u003e \u003cp\u003e10 Conclusions 346\u003c\/p\u003e \u003cp\u003e11 Chapter Takeaway 347\u003c\/p\u003e \u003cp\u003eEndnotes 347\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Emerging Issues in Sustainability Performance, Reporting And Assurance 353\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Executive Summary 353\u003c\/p\u003e \u003cp\u003e2 Introduction 353\u003c\/p\u003e \u003cp\u003e3 Sustainability Reporting Guidelines 354\u003c\/p\u003e \u003cp\u003e4 Effective Implementation of Sustainability 356\u003c\/p\u003e \u003cp\u003e5 Sustainability Risk Assessment and Management 357\u003c\/p\u003e \u003cp\u003e6 Future Trends in Sustainability Performance 362\u003c\/p\u003e \u003cp\u003e7 Future Trends in Sustainability Reporting 363\u003c\/p\u003e \u003cp\u003e8 Future Trends in Sustainability Assurance 371\u003c\/p\u003e \u003cp\u003e9 Emergence of Benefit Corporations in the United States 373\u003c\/p\u003e \u003cp\u003e10 Emergence of Profit-With-Purpose Companies and the Shared Value Concept 376\u003c\/p\u003e \u003cp\u003e11 Challenges and Opportunities in Business Sustainability in Asia 377\u003c\/p\u003e \u003cp\u003e12 Planning for Business Sustainability 379\u003c\/p\u003e \u003cp\u003e13 Management Accountants’ Role in Sustainability 384\u003c\/p\u003e \u003cp\u003e14 Global Collaboration and Leadership for Sustainability 386\u003c\/p\u003e \u003cp\u003e15 Conclusions 387\u003c\/p\u003e \u003cp\u003e16 Chapter Takeaway 387\u003c\/p\u003e \u003cp\u003eEndnotes 388\u003c\/p\u003e \u003cp\u003eIndex 393\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eZABIHOLLAH REZAEE\u003c\/b\u003e is the Thompson-Hill Chair of Excellence, PhD coordinator, and Professor of Accountancy at the University of Memphis and has published more than 225 articles and 10 books. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eJUDY TSUI, FCA (Canada), FCPA (HKICPA), FCPA (Australia), FCA (ICAEW),\u003c\/b\u003e is Senior Advisor of the Institute for New Economic Thinking and Board Director and Chair of Education Strategy Committee of Wuhan College in China. In addition, she is a Fellow member of the Institute of Chartered Accountants in England and Wales and serves as the Vice Chair of the China Committee. \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePETER CHENG\u003c\/b\u003e is the former Dean and Professor of the Faculty of Management and Hospitality at the Technological and Higher Education Institute of Hong Kong. He previously taught at The University of British Columbia, University of Chicago, Purdue University, and the Hong Kong Polytechnic University. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eGAOGUANG ZHOU\u003c\/b\u003e is an assistant professor of Accounting at Hong Kong Baptist University. His research interests include auditing, corporate finance, and corporate social responsibility.\t \t \t \t  \u003c\/p\u003e\u003cp\u003eIn the global corporate environment, the profit maximization paradigm has given way to a viewpoint that emphasizes creation of shared value for all stakeholders. This shared value approach makes room for a complex understanding of what constitutes value in the 21st century. As a result, a new holistic business model has been developed that focuses on five dimensions of sustainable performance: economic, governance, social, ethical, and environmental (EGSEE). This EGSEE model is revolutionizing the way businesses conceive of and report on accountability. Today, this transformation is most visible and relevant in Asia. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eBusiness Sustainability\u003c\/i\u003e \u003ci\u003ein Asia\u003c\/i\u003e applies the EGSEE sustainability model to an analysis of the key players across Asia, including Mainland China, Hong Kong, India, Indonesia, Japan, South Korea, Vietnam, and more. Through a careful consideration of global, regional, and local trends in sustainability, this book provides insights into how the corporate landscape has evolved and will evolve in the developed and up-and-coming economies of Asia. \u003c\/p\u003e\u003cp\u003eAs the business paradigm has shifted, the public has increasingly demanded that businesses report on key performance indicators that reflect the EGSEE sustainability performance and values. Such comprehensive reporting, integrating the values of corporate social responsibility with traditional financial performance measures, has emerged on the global stage as part and parcel of international guidelines and, in some cases, requirements. How do these enhanced compliance and reporting trends change the process of doing business in Asia and worldwide? What are the best practices and takeaways for leadership as Asian economies grow in importance? \u003ci\u003eBusiness Sustainability in Asia\u003c\/i\u003e provides answers to these and other important questions, bringing tangible benefits to executives, board members, auditors, lawmakers, and others interested in issues of global corporate sustainability.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eTHE GLOBAL MOVE TO SUSTAINABILITY HAS ARRIVED IN ASIA\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn Asia, sustainability practices have grown substantially over the past decade, and the continent's business leaders are poised to become global leaders in sustainability initiatives. Following the global trend, Asian businesses focus on economic, governance, social, ethical, and environmental (EGSEE) sustainability dimensions. \u003ci\u003eBusiness Sustainability\u003c\/i\u003e in Asia applies this paradigm to the economic powerhouses in Asia, from Japan and Mainland China to India and Vietnam. For each jurisdiction, the authors consider: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eGlobal, regional, and local sustainability requirements and expectations\u003c\/li\u003e \u003cli\u003eBest practices for maximizing firm value by improving sustainability\u003c\/li\u003e \u003cli\u003eBalancing short-, medium-, and long-term sustainable performance\u003c\/li\u003e \u003cli\u003eThe interrelated nature of financial performance and long-range sustainability.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBusiness leaders will benefit from this book's description of best practices performance measures, reporting standards, and drivers of sustainability initiatives in Asia and worldwide. As we work to understand and promote sustainability worldwide, we need this thorough treatment, with its timely focus on Asia, to properly recognize, measure, and report on all of the EGSEE dimensions of business sustainability.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988873953509,"sku":"NP9781119502319","price":95.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119502319.jpg?v=1761781868","url":"https:\/\/k12savings.com\/es\/products\/business-sustainability-in-asia-isbn-9781119502319","provider":"K12savings","version":"1.0","type":"link"}