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March 1, 1999Choice Reviews Online

Cannibals with forks: the triple bottom line of 21st century business

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Implication

Conceptual analysis outlines seven business revolutions across corporate markets, demonstrating how triple bottom line accounting drives sustainable capitalism.

Key Points

  • To examine the systemic sustainability of capitalism and introduce a comprehensive framework balancing social, environmental, and financial performance in corporate business.
  • Synthesized emerging market shifts, corporate governance models, and environmental auditing practices into a seven-revolution strategic framework.
  • Categorized transition requirements across market competition, values, transparency, life cycles, partnerships, time horizons, and governance structures.
  • Established the triple bottom line paradigm, establishing that long-term enterprise value depends on equal accountability to economic prosperity, environmental quality, and social justice.
  • Identified seven fundamental commercial shifts required for corporate survival, including transitions toward closed-loop product life cycles, radical transparency, and broader stakeholder governance.

Cite This Study

A 1999 study studied this question.

synapsesocial.com/papers/69dd8425cebde59f6f40c3a8https://doi.org/10.5860/choice.36-3997
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