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Paradox of Firm Theory and Sustainable Development in the Mining Industry: Approximation Through the Managing Leader

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Industrial Engineering and Operations Management (IJCIEOM 2021)

Part of the book series: Springer Proceedings in Mathematics & Statistics ((PROMS,volume 367))

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Abstract

The Mining Industry, in general, involves large economic capital and causes a huge socio-environmental impact, aspects both linked to the Firm Theory and to Sustainable Development. In this relationship between these theoretical constructs, the leading manager must daily decide to balance his decisions to meet the expectations of the stakeholders. This article used the theoretical data triangulation methodology and aimed to map the paradox experienced by the leading manager within the Mining Industry sector according to (a) Costs, (b) Value creation around the mining area, (c) Image together to society, (d) Establishment of ethical standards in community relations, (e) Information sharing and reporting, (f) Investments and customer relations, and (g) Digital transformation. It is concluded that the leaders of the companies in this sector are always in a dilemma, in the paradox, between attending to inherent variables of the Firm Theory or the sustainable development agenda, since there is a trade-off in these two theoretical constructs, so, the leader being in charge balance the relationship between economic growth and care for natural ecosystems.

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Acknowledgements

This work has been supported by Fundação para a Ciência e Tecnologia (FCT) and C-MAST- Centre for Mechanical and Aerospace Science and Technologies, under project UIDB/00151/2020 and the projectsCentro-01-0145-FEDER-000017—EMaDeS—Energy,Materials and Sustainable Development, project 026653, POCI-01-0247-FEDER-026653.

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Authors and Affiliations

  1. University of Beira Interior (C-MAST—Centre for Mechanical and Aerospace Science and Technologies), Calçada Fonte do Lameiro, 6200-358, Covilhã, Portugal

    Ana Paula Braga Garcez & Fernando Bigares Charrua Santos

  2. Federal University of Paraíba-Cidade Universitária, João Pessoa, 58051-900, Brazil

    Josilene Aires Moreira & Ricardo Moreira da Silva

  3. Department of Management and Economics, CEFAGE-UBI Research Center, University of Beira Interior, Estrada Do Sineiro, 6200-209, Covilhã, Portugal

    Mário Franco

Authors
  1. Ana Paula Braga Garcez
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  2. Josilene Aires Moreira
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  3. Ricardo Moreira da Silva
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  4. Mário Franco
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  5. Fernando Bigares Charrua Santos
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Corresponding author

Correspondence to Ana Paula Braga Garcez .

Editor information

Editors and Affiliations

  1. Pontifical Catholic University of Rio de Janeiro, Rio de Janeiro, Brazil

    Antônio Márcio Tavares Thomé

  2. Federal Center for Technological Education "Celso Suckow da Fonseca", Rio de Janeiro, Brazil

    Rafael Garcia Barbastefano

  3. Pontifical Catholic University of Rio de Janeiro, Rio de Janeiro, Brazil

    Luiz Felipe Scavarda

  4. Lusofona University and EIGeS Research Unit, Lisbon, Portugal

    João Carlos Gonçalves dos Reis

  5. GOVCOPP & DEGEIT, University of Aveiro, Aveiro, Portugal

    Marlene Paula Castro Amorim

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Garcez, A.P.B., Moreira, J.A., da Silva, R.M., Franco, M., Santos, F.B.C. (2021). Paradox of Firm Theory and Sustainable Development in the Mining Industry: Approximation Through the Managing Leader. In: Tavares Thomé, A.M., Barbastefano, R.G., Scavarda, L.F., Gonçalves dos Reis, J.C., Amorim, M.P.C. (eds) Industrial Engineering and Operations Management. IJCIEOM 2021. Springer Proceedings in Mathematics & Statistics, vol 367. Springer, Cham. https://doi.org/10.1007/978-3-030-78570-3_39

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