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BOARD OF DIRECTORS AND CORPORATE SUSTAINABILITY – OUTLINING THE EFFECTIVE PROFILE OF THE BOARD

Alexander Kostyuk, Helen Kostyuk, Anna Shcherbak

DOI: 10.22495/rcgv6i3art12

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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Abstract

Sustainability is one of the most significant trends in financial markets for decades. Sustainability is where businesses should focus today in order to reach and maintain a leading position and have a long-term perspective. The paper investigated into the researchers view on the ways corporate sustainability should be embedment, specifically into the issues of interrelations of the company’s strategy and sustainability road, connection of corporate governance and corporate sustainability, into the roles of corporate governance agents in the sustainability integration. The paper highlighted the lack of specification of the roles for stakeholders involved, determined the importance of the future empirical investigation conduction and raised the important issues of the corporate sustainability and corporate governance correlation, which still have not been properly examined.

Keywords: Corporate Sustainability, Corporate Governance, Board of Directors, Triple Bottom Line

How to cite this paper: Kostyuk, A., Kostyuk, H., & Shcherbak, A. (2016). Board of directors and corporate sustainability – outlining the effective profile of the board. Risk governance & control: financial markets & institutions, 6(3), 80-88. http://dx.doi.org/10.22495/rcgv6i3art12

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