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
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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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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DOI: https://doi.org/10.1007/s10551-011-0983-x