Business Strategy and Development最新文献

Blue finance research has recently made significant progress, but comprehensive research is still in its infancy. This paper established a consolidated database of 223 articles on blue finance and used CiteSpace for visualization analysis. Firstly, blue finance develops in embryonic, fluctuating, and stable growth phases. The main research countries are the US, Australia, England, and Canada. The University of California and the University of Queensland are the main research institutions. Marine Policy and Science are highly cited journals. A few core authors shape blue finance research with limited collaboration. Secondly, three themes were established by categorizing ten keyword clusters: financial instruments and mechanisms for marine conservation and sustainability, policy frameworks for adaptation and climate resilience, and policy frameworks for adaptation and climate resilience. Thirdly, contingent valuation, marine protected areas, and the blue economy are the main research hotspots. The results' theoretical contribution is identifying the progress of blue finance and its potential directions. Researchers, managers, and policymakers can use it to promote economic growth and ocean sustainability.

Supply chain sustainability is now an imperative, particularly considering the circular supply chain (CSC) paradigm, which offers opportunities for performance improvement. Thus, it is possible to infer that there is a causal link between circularity and supply chain performance. However, the analysis of this relationship occurs under subjective perspectives. To computationally process human language can overcome this issue. Hence, this paper aims to propose an approach for assessing the influence of circular economy (CE) implementation principles on supply chain performance using the fuzzy cognitive map (FCM), a well-established soft computing technique. The study develops a computational model and brings an illustrative application. Methodologically, is model-based, quantitative, axiomatic and descriptive. It contributes by providing means to support the formulation of strategies for aligning CE implementation efforts with supply chain performance improvement efforts. The FCM visually represents how supply chain performance attributes are influenced by CE principles, supporting informed decision-making towards circularity.

Environmental and climate concerns have made corporate environmental management a raging topic for discussion among academicians and industrialists. The current study explores the association between corporate environmental management and firm performance; and examines the influence of different performance measurement methods and sample characteristics on this association. The meta-analysis, homogeneity test, and publication bias test have been performed on 318 effect sizes from 117 studies. The results indicate a significant positive association between the overall corporate environmental management and firm performance association. The findings suggest a significant influence of the nature of the data, corporate environmental management measures, corporate performance measures, region, economic development, time phase, nature of data, and period of study in the given context. The findings will help managers to better understand and choose the appropriate corporate environmental management measures to attain internal and external efficiencies.

This article examines the relationship between corporate social responsibility and earnings management behavior around the world. Using international data from 35 countries between 2003 and 2019, we find evidence that increased corporate social responsibility tends to mitigate the pressure to manage earnings. These findings are robust to alternate measures of earnings management, corporate social responsibility, as well as controlling for endogeneity caveats by two-stage-least square and system generalized-method-of-moments estimations. We further show that the negative association between corporate social responsibility and earnings management is more pronounced for firms in countries with high press freedom or high societal trust. The findings from this article provide implications for investors, analysts, business participants, and regulators.

This study examines the influence of foreign ownership and product market competition on firm performance in Vietnam's listed companies through the mediating role of the corporate governance index. Moreover, the study explores the moderating role of business strategy in the relationships between foreign ownership, product market competition, and firm performance. We use maximum likelihood structural equation modeling in Stata 14 software to analyze the data collected from 180 Vietnamese listed companies from 2015 to 2019. The results indicate that foreign ownership and product market competition positively influence firm performance by mediating the corporate governance index. Business strategy negatively moderates the relationship between product market competition and firm performance. This study has implications for managers focusing on foreign ownership and product market competition to improve corporate governance systems, enhancing firm performance. Additionally, managers may build business strategies when product market competition increases to avoid negative effects on firm performance.

The purpose of the study is in two fold. First, the study examines the impact of language, history, and culture in Anglophone and Francophone countries on the rate of unemployment and economic growth. Second, the study explores the extent to which sustainable entrepreneurship influences the rate of unemployment, and economic growth in Anglophone and Francophone (A&F) countries. The study employed a descriptive and quantitative research design where a longitudinal data were sourced from the World Development Indicators and World Bank Entrepreneurship databases on 12 and 9 Francophone and Anglophone countries respectively. The random effect and the generalized method of moments (GMM) regression models were employed to attain the objectives of the study. The findings of the study revealed that there is a significant negative effect of sustainable entrepreneurship on unemployment; sustainable entrepreneurship has a positive significant effect on economic growth; and also, history and culture were found to have a significant impact on unemployment reduction and economic growth. However, language was found to have an insignificant influence between A&F countries suggesting that the ability of sustainable entrepreneurship to minimize the rate of unemployment and boost economic growth is generic irrespective of linguistic factors.

The adoption of environmental practices in small and medium scale businesses is increasing. Given the diverse environmental actions available to firms, it is important to understand the specific drivers for different actions to be taken. Based on managerial survey data from Victoria, Australia, this research uses modeling to determine how ethical conscience of managers drive different types of sustainable environmental actions. The results indicate that ethical conscience of managers drives waste, energy and water related actions, while external factors such as supply chain imperatives and customer demand drive circular business actions. New technology and industry guidelines were major barriers for most types of environmental actions while social barriers were significant for energy and water related actions. This implies that the increased ethical conscience of managers, especially while adopting new technology can increase the adoption of environmental actions in businesses. The results will have implications in crafting the corporate strategy and developing good and services that will aid to the achievement of Sustainable Development Goals (SDG 11 and 12), focusing on sustainable cities and communities, and responsible production and consumption.

Smallholder farmers in developing nations face multifaceted challenges as they strive to secure fair prices for their agricultural products. With a primary focus on bolstering sustainable agricultural value chains (SAVC), this conceptual paper investigates the transformative potential of Financial Technology (FinTech) solutions. The study synthesizes insights from prior research on SAVC, hurdles faced by smallholder farmers, conventional strategies, and the untapped prospects offered by FinTech solutions in the agricultural sector. Utilizing the PRISMA strategy for comprehensive documentation retrieval, the study underscores the significance of creating a robust SAVC to empower smallholder farmers within the broader value chain landscape. It is found that Agri-FinTech solutions represent a pivotal avenue for advancing living standards and cultivating agricultural sustainability in developing nations. The integration of FinTech solutions for agri-credit mechanisms and product market facilitation catalyzes enabling pre-production financing and ensures fair prices for smallholder farmers in the post-production phase while neutralizing the value chain's exploitation potential. The study advocates for the expeditious adoption of information technology in developing countries, spotlighting the transformative role of Mobile Financial Services (MFS), which fortifies the agriculture sector, ensuring its resilience and responsiveness to the evolving demands of a globalized market. Drawing upon an evaluation of existing literature on FinTech-enhanced agricultural initiatives in developing nations, the study outlines directions for future research and creates a path for a more nuanced understanding of the strategic enhancements necessary to fortify the SAVC, fostering a sustainable and equitable ecosystem for smallholder farmers.

The purpose of this study is to examine the relation between internationalization and firm sustainable performance on a set of listed Indian family firms belonging to mid-cap and large cap categories and listed on NIFTY 500. This paper aims to explore the heterogeneity among internationalization and a set of defined variables, namely, female representation on the board, firm size, firm age, industry type, leverage, corporate social responsibility (CSR) and the number of female executives in influencing the firm performance. We aim to incorporate corporate governance, the factors influencing decisions related to it and gender diversity in understanding the relationship between internationalization and firm performance in the context of Indian family firms. The Generalized Method of Moments (GMM) and panel data regression models are both used in the study's empirical methodology. In order to examine the relationship between internationalization, as indicated by the percentage of foreign ownership, and family firm performance, as indicated by Return on Equity (ROE), the study uses the data from 2014 to 2023 for analysis, totaling 16,586 firm-year observations. The findings indicate that internationalization, measured in this study by the investments the companies make abroad, positively affects the performance of the family firms. Age, women on board and number of female executives are seen to have positive associations with the performance of family firms. However, it is seen that firm size for family firms negatively impacts the performance while CSR and leverage seem to have no significant impact.

A common and comprehensive framework that clarifies the choice of a reverse logistics (RL) strategy is still unavailable in the extant literature. Such a complete framework for RL decision-making has the potential to offer insights for the choice of RL strategies, particularly in this era where closed-loop supply chain is gaining traction in research and practice. Thus, this study seeks to identify RL strategies based on a systematic literature review and industry consultation. The study used the systematic literature review approach to analyse articles collected mostly from the Scopus database. The outcome is a framework, referred to as the “Returned Product-Process Matrix” (RPPM), that offers a holistic view of RL strategies, which can serve as a decision-support system for practitioners in choosing the appropriate RL strategy. To the best of the researchers' knowledge, the RPPM is the first attempt at comprehensively structuring and clarifying the RL decision-making in green logistics operations.