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Corporate Sustainable Development: Testing a New Scale Based on the Mainland Chinese Context

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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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Notes

  1. We treat these standards as marginal acceptable limits. We admit that high acceptable standards of the goodness-of-fit are suggested as follows: 1.0 <  χ2/df  < 3.0 (Hair et al. 2010), (2) RMSEA < 0.05 or 0.08 (Browne and Cudeck 1993; Steiger 1990), (3) SRMR < 0.05 (Byrne 1998), (4) GFI > 0.95 (Joreskog and Sorborn 1978), (5) CFI > 0.95 (Bentler and Bonnet 1980), and (6) NFI > 0.95 (Bentler and Bonnet 1980).

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  1. Department of Finance and Decision Sciences, School of Business, Hong Kong Baptist University, Waterloo Road, Kowloon Tong, Hong Kong

    Wing S. Chow & Yang Chen

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  1. Wing S. Chow
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Appendix

Appendix

See Tables 6, 7, 8.

Table 6 Literature review on the measurement items of CSD
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Table 7 Questionnaire of CSD dimensions and their measures
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Table 8 Assessment of the convergent validity of the CSD dimensions: Description and rationale of the procedure
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Chow, W.S., Chen, Y. Corporate Sustainable Development: Testing a New Scale Based on the Mainland Chinese Context. J Bus Ethics 105, 519–533 (2012). https://doi.org/10.1007/s10551-011-0983-x

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