Rajat Panwar

Panwar, Rajat

Position Type:
Job Title:
Professor of Responsible and Sustainable Business
Forest Ecosystems & Society
Office Location:
132 Richardson Hall
Phone Number:
Graduate Major Advisor
DBA (Sustainability and Strategy): Grenoble Ecole de Management, France
PhD (Forest Products Business Management): Oregon State University, USA
MBA (Strategy): University of Lucknow, India
Research Interests
  • Responsible Business Practices
  • Business and Biodiversity
  • Sustainable Business Management
  • Sustainable Development Goals
  • Bioeconomy
My research spans diverse sectors but primarily focuses on responsible and sustainable business practices in natural resources, forestry and food industries. My research addresses a wide array of topics like supply-chain transparency, stakeholder engagement, corporate responsibility governance through soft laws, business and biodiversity, bioeconomy, and integration of corporate responsibility and sustainability into management policies and business strategies. In addition to academic research, I frequently engage with multilateral agencies for policy research.

Graduate Students:
Courses Taught:
  • WSE 453 /553
    Forest Products Business
    in the College of Forestry
  • BA 347
    International Business, Honors section
    in the College of Business
Selected Publications:
  1. Panwar, R., Pinkse, J., Cashore, B., & Husted, B. (In press). Why corporate sustainability initiatives fail to reduce deforestation and what to do about it. Business Strategy & the Environment.

  2. Panwar, R. (In press). Business and biodiversity: Achieving the 2050 vision for biodiversity conservation through transformative changes in business practices. Biodiversity & Conservation.

  3. Panwar, R., Ober, H., & Pinkse, J. (In press). The uncomfortable relationship between business and biodiversity: Advancing research on business strategies for biodiversity protection. Business Strategy and the Environment.

  4. Panwar, R., Pandey, V., Suddaby, R., & Vidal, N. (2023). Did India’s CSR mandate enhance or diminish firm value? Business & Society. 62(2): 401-433.

  5. Panwar, R. (2023). Optimism amid despair: How to avoid a net-zero debacle? Business & Society, 62(1):9-13.

  6. Suddaby, R. & Panwar, R. (2022). On the complexity of managing transparency. California Management Review, 65(1): 5-18.

  7. Panwar, R., Pinkse, J., & De Marchi, V. 2022. The future of global supply chains in a post-COVID-19 world. California Management Review, 64(2): 5-23.

  8. Barnett, M., Cashore, B., Henriques, I., Husted, B, Panwar, R., & Pinkse, J. 2021. Reorient the business case for corporate sustainability. Stanford Social Innovation Review. Summer issue. 35-39. [equal authorship; names in alphabetical order]

  9. Murcia, M, Panwar, R., & Tarzijan, J. 2021. Socially responsible firms outsource less. Business & Society, 60(6), 1507-1545.

  10. Vabi, V., Kozak, R., & Panwar, R. 2020. Voices unheard: Barriers to and opportunities for small farmers' participation in oil palm contract farming. Journal of Cleaner Production, 275:129955.

  11. Deboer, J., Panwar, R., Kozak, R., & Cashore, B. 2020. Squaring the circle: Refining the competitiveness logic for the circular bioeconomy. Forest Policy & Economics, 110: 101858.

  12. DeBoer, J., Panwar, R., & Rivera, J. 2017. Toward a place-based understanding of business sustainability: Effects of green competitors and green locales on firm’s voluntary environmental engagement. Business Strategy & the Environment, 26: 940-955.

  13. Panwar, R., Nybakk, E., Hansen, E., & Pinkse, J. 2017. Does the business case matter? The effect of a perceived business case on small firms’ social engagement. Journal of Business Ethics, 144(3): 597-608.

  14. Siegner, M., Panwar, R. & Kozak, R. 2017. Making the Bio-economy inclusive: The role of community and agro-forestry. Journal of the Austrian Society of Agricultural Economics, 26: 229-238.

  15. Panwar, R., Kozak, R., & Hansen, E. 2016. Forests, business, and sustainability. Abingdon, UK: Routledge publishers. 228 pp.

  16. Panwar, R., Nybakk, E., Pinkse, J., & Hansen, E. 2015. Being good when not doing well: Examining the effect of the economic downturn on small manufacturing firms’ ongoing sustainability-oriented initiatives. Organization & Environment, 28(2): 204-222. [This paper was runner-up for the Schinder Electric Sustainability International Award for outstanding article for relevance to management practice.]

  17. Panwar, R., Paul, K., Nybakk, E., Hansen, E., & Thompson D. 2014. The legitimacy of CSR actions of publicly-traded companies versus privately-held companies. Journal of Business Ethics, 125(3): 481-496.

  18. Panwar, R., Hansen, E., & Kozak, R. 2014. Evaluating social and environmental issues by integrating the legitimacy gap with expectational gaps: An empirical assessment of the forest industry. Business & Society, 53(6): 853-875.

  19. Hansen, E., Panwar, R., & Vlosky, R. 2014. The global forest sector: Changes, practices, and prospects. Boca Raton: CRC press. 471 pp.

  20. Panwar, R., Rinne, T., Hansen, E., & Juslin, H. 2006. Corporate responsibility: Balancing economic, environmental and social issues in the forest products industry. Forest Products Journal, 56(2): 4-12.