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Patient Capital

Patient Capital


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About the Book

Sustainable businesses create economic and social value while simultaneously protecting the natural environment for future generations. This examination of environmental sustainability through the lens of the family business identifies factors that help family and non-family organizations address the dilemma of balancing short-term productivity, efficiency and profitability objectives, with innovating for long-term sustainable value creation. Exploring the case of the wine industry - an industry characterized by a variety of governance systems - Sanjay and Pramodita Sharma develop fresh insights into influences and drivers for proactive environmental strategies to address major global sustainability challenges. By doing so, the authors are able to demonstrate that family firms with a focus on trans-generational continuity of business, long temporal orientation, shared vision, faster decision-making processes, and the goal of preserving socio-emotional wealth are more likely to make patient long-term investments for innovations in products, services, processes and business models to address environmental sustainability challenges.


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Product Details
  • ISBN-13: 9781107123663
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Height: 157 mm
  • No of Pages: 256
  • Series Title: Organizations and the Natural Environment
  • Sub Title: The Role of Family Firms in Sustainable Business
  • Width: 234 mm
  • ISBN-10: 1107123666
  • Publisher Date: 18 Jul 2019
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Spine Width: 15 mm
  • Weight: 574 gr


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