Corporate Sustainability Management in the Energy Sector An Empirica

Corporate social responsibility, sustainability, and citizenship are terms that often evoke considerable scepticism and cynicism, particularly in civil society. Much needed sector-specific and comparative research, which could facilitate a more fact-orien

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GABLER EDITION WISSENSCHAFT

Oliver Salzmann

Corporate Sustainability Management in the Energy Sector An Empirical Contingency Approach

GABLER EDITION WISSENSCHAFT

Bibliographic information published by the Deutsche Nationalbibliothek The Deutsche Nationalbibliothek lists this publication in the Deutsche Nationalbibliografie; detailed bibliographic data are available in the Internet at http://dnb.d-nb.de.

Dissertation TU Berlin, 2006

1st Edition 2008 All rights reserved © Gabler | GWV Fachverlage GmbH, Wiesbaden 2008 Editorial Office: Frauke Schindler / Anita Wilke Gabler is part of the specialist publishing group Springer Science+Business Media. www.gabler.de No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the copyright holder. Registered and/or industrial names, trade names, trade descriptions etc. cited in this publication are part of the law for trade-mark protection and may not be used free in any form or by any means even if this is not specifically marked. Cover design: Regine Zimmer, Dipl.-Designerin, Frankfurt/Main Printed on acid-free paper Printed in Germany ISBN 978-3-8349-0854-4

Prefaceȱ



Prefaceȱ Theȱcompletionȱofȱmyȱthesisȱowesȱmostȱtoȱmyȱ“Doktorvater”ȱProf.ȱDr.ȱUlrichȱStegerȱ forȱhisȱcontinuousȱguidanceȱandȱencouragement,ȱand,ȱaboveȱall,ȱhisȱdeterminationȱtoȱ readȱtheȱfinalȱproduct.ȱIȱcannotȱ thankȱhimȱenough.ȱ Iȱ wouldȱalsoȱlikeȱtoȱexpressȱmyȱ gratitudeȱtoȱmyȱsecondaryȱsupervisorȱProf.ȱDr.ȱAxelȱvonȱWerderȱforȱhisȱadviceȱandȱ support.ȱ Furthermore,ȱ Iȱ wouldȱ likeȱ toȱ thankȱ theȱ CSMȱ teamȱ atȱ IMD,ȱ Aileenȱ IonescuȬSomersȱ andȱ Kayȱ Richiger,ȱ andȱ theȱ “BCSȱ researchȱ team,”ȱ withoutȱ whomȱ thisȱ hugeȱ studyȱ wouldȱneverȱhaveȱbeenȱpossible.ȱ Iȱ amȱ alsoȱ extremelyȱ gratefulȱ toȱ Albertȱ Diverséȱ andȱ myȱ brotherȱ Ralphȱ forȱ coachingȱ andȱoftenȱchallengingȱmeȱ(thanksȱAlbert!)ȱonȱtheȱstatistics,ȱandȱtoȱWolfgangȱAmannȱ andȱJochenȱBrellochsȱforȱtheirȱrepeatedȱfeedbackȱandȱ“patsȱonȱtheȱback.”ȱIȱwouldȱalsoȱ likeȱtoȱthankȱthoseȱwhoȱinvestedȱtheirȱtimeȱinȱthisȱresearchȱeffortȱbyȱservingȱasȱinterȬ vieweesȱorȱansweringȱtheȱquestionnaire.ȱ Last,ȱbutȱnotȱleast,ȱIȱwouldȱlikeȱtoȱacknowledgeȱtheȱinfiniteȱpatience,ȱmoralȱsupportȱ andȱ understandingȱ ofȱ myȱ familyȱ andȱ myȱ girlfriendȱ Petra.ȱ Thisȱ achievementȱ wouldȱ notȱhaveȱbeenȱpossibleȱwithoutȱthem.ȱ OliverȱSalzmannȱ

ȱ

Listȱofȱcontentsȱ

VIIȱ

Listȱofȱcontentsȱ Preface...................................................................................................................................... V Listȱofȱcontents.................................................................................................................... VII Listȱofȱabbreviations ............................................................................................................ XI Listȱofȱfigures ...................................................................................