Purpose – The purpose of this paper is to discuss the applicability of value based management (VBM) concepts for small to medium‐sized enterprises (SMEs) and to identify obstacles for its implementation. Estimating cost of capital is central to all VBM concepts, it is hence intended to...

Purpose – Sustainability has become a hot topic in business administration theory. However, there is still a lack of knowledge on how companies can manage sustainability properly. Therefore, the purpose of this paper is two fold. First, it provides an updated discussion on the potential...

Purpose The overall goal of this chapter is to critique the purported business case for corporate social responsibility (CSR) and sustainability, which persists as a major contentious force in convincing companies to become more sustainable. Extant literature on sustainability, CSR and Socially...

Der Autor ist Professor für Controlling, Finanz- und Rechnungswesen an der Hochschule Pforzheim. Die wichtigste Änderung gegenüber der Vorauflage (ID-B 20/13) können Bibliotheken nicht nutzen, da der Zugang zum E-Learning Portal "MyLab", das Begleitmaterial für Studierende und Dozenten...