A Critical Examination of Corporate Environmental and Social Impact Measurement and Valuation
Can measuring and valuing the impact of business on society and the planet lead to a more environmentally and socially oriented style of capitalism? This is the main hope and assertion of corporate environmental and social impact measurement and valuation (IMV), which calls on organizations to measure their positive and negative impacts on their stakeholders and the environment and to subsequently translate them into monetary units. This curated dialog critically examines the components of this concept—environmental and social impact, its measurement, and its monetary valuation—by bringing together leading experts in the field who discuss the opportunities and risks of IMV. The purpose of this article is to place IMV under deep investigation and envision new ways that work with, complement, or replace organizations’ desire for management via quantification and financialization.
Authors
- Amyn Vogel (ORCID: https://orcid.org/0000-0003-4756-4252)
- Marya Besharov (ORCID: https://orcid.org/0000-0003-4868-6251)
- Giovanna Michelon (ORCID: https://orcid.org/0000-0003-0107-9809)
- Juliane Reinecke (ORCID: https://orcid.org/0000-0001-5674-4218)
- Ali Aslan Gümüşay (ORCID: https://orcid.org/0000-0003-3252-7600)
- Colin Mayer (ORCID: https://orcid.org/0000-0002-6292-2065)
- Dror Etzion (ORCID: https://orcid.org/0000-0002-5885-5031)
- Laura Marie Edinger‐Schons (ORCID: https://orcid.org/0000-0002-8981-3379)
- Andreas Rasche (ORCID: https://orcid.org/0000-0003-2160-8130)
- Andrew A. King (ORCID: https://orcid.org/0000-0003-4153-0326)
- Richard Barker
- Stuart Cooper (ORCID: https://orcid.org/0000-0002-7049-8292)
- Judith C. Stroehle (ORCID: https://orcid.org/0000-0003-1142-9315)
- Karim Harji
- Nien‐hê Hsieh (ORCID: https://orcid.org/0000-0002-9657-3932)
- Alnoor Ebrahim
- Emma van den Terrell (ORCID: https://orcid.org/0000-0001-5782-0657)
- Ken Pucker
Institutions
- University of Vermont (US)
- Tufts University (US)
- University of Padua (IT)
- Universität Hamburg (DE)
- University of Mannheim (DE)
- Copenhagen Business School (DK)
- University of St.Gallen (CH)
- LMU Klinikum (DE)
- University of Bristol (GB)
- University of Oxford (GB)
- Alexander von Humboldt Institute for Internet and Society (DE)
- University of Applied Sciences St. Gallen (CH)
- Ludwig-Maximilians-Universität München (DE)
Publication Details
- Journal
- Journal of Management Inquiry
- Published
- 2025-04-15
- DOI
- https://doi.org/10.1177/10564926251330815
- Citations
- 6
- Primary Topic
- Corporate Social Responsibility Reporting
- Type
- article
- Field-Weighted Citation Impact
- 13.36