Business Strategy and Development最新文献

Determining the motivations behind adopting a circular economy (CE) and its effect on firm performance (FP) from the perspective of manufacturing firms has become essential for practitioners and scholars. Nonetheless, there exists a substantial unexplored gap regarding how customer citizenship behaviour (CCB) motivates and influences the adoption of CE practices and FP of manufacturing firms in the context of developing countries. Therefore, using insights from the social exchange theory, this study explores the framework through which CCB influences the relationship between CE practices and FP. The study employed a quantitative approach and partial least square structural equation modelling technique to analyse data and interpretations due to its appropriateness for predictive research models. Data was collected using a survey research strategy. The findings revealed that CCB mediates and moderates the relationship between CE practices and FP. The study highlights the significance of CCB in making CE initiatives mandatory for organisational growth while guiding managers, policymakers and scholars.

Sustainable Development Goal 12 (SDG-12), that is the responsible consumption and production, is aimed to encourage producers and consumers to consider sustainable development while producing and consuming products. However, it is imperative to estimate the social achievement of SDG-12 objective at the consumption end. Eco-labeling and green advertising are the common business marketing strategies employed to inform and influence consumers to make environmentally conscious choices. This study explores the integrated factors of these strategies to influence consumer perceptions, attitudes, and purchase intentions toward environmentally friendly products in a developing country. The data from 327 respondents using a survey questionnaire are analyzed using structural model equation to measure the hypothetical relationship of eco-labeling and green advertising in achieving SDG-12. The results indicate that perceived effectiveness, environmental awareness, green trust, and perceived information quality as instrumental factors directly contributing to consumers' intentions to engage in green purchases eventually ensuring SDG-12 targets, while price sensitivity is the major challenge that is required to be addressed.

In an increasingly digital and interconnected world, the integration of advanced technologies such as robotics, artificial intelligence (AI), and service automation has become pivotal for shaping the future of various industries, including tourism. The paper investigates complex relationship between three independent variables: (robotic adoption, AI adoption, and service automation adoption) and three dependent variables: (social sustainability, economic sustainability, and environmental sustainability). Employing a quantitative research approach, the study gathered data from 608 randomly selected tourism supply chain stakeholders using the Krejcie and Morgan table to determine the sample size. Data collection was facilitated through Google Forms questionnaires, and the analysis relied on structural equation modeling. The statistical findings highlight positive direct significant relationships among these variables, as evidenced by t-statistic values surpassing the threshold of 1.96. These values ranged from a minimum of 2.156 to a maximum of 10.083. These results suggest that by strategically integrating these technologies, tourism businesses and policymakers in Zimbabwe can enhance tourist experience, the industry's long-term viability and its positive impact on society, the economy, and the environment. This study's outcomes provide a compelling foundation for informed decision-making and the development of targeted strategies aimed at advancing sustainability objectives within the Zimbabwean tourism landscape.

Integrating social and environmental considerations into business strategies has become imperative for companies seeking competitive advantage in today's dynamic and complex business environment. This study explored the effect of Shared Value Creation Practices on Competitive Advantage within banks. The study focused on how banks can achieve competitive advantage by creating shared value that addresses business goals and social needs. Data were collected from 463 customers of selected commercial banks in Ethiopia. The self-administrative questionnaire was given to the customers selected by convenience sampling method. The study used the Structural Equation Model to test relationship between variables. The Study findings reveal that Shared Value Creation Practices significantly enhance banks' competitive advantage. The study suggests that banks can strategically leverage Shared Value Creation practices to gain a sustained advantage in a competitive market. Banks should continuously innovate and adapt strategies to address evolving stakeholders' needs. The banks should consider shared value creation integral to their strategic planning.

Recently, there has been growing interest among scholars and industry professionals in understanding how agro-food supply chains can shift from a linear to a circular model. This involves managing waste, recovering resources, and adopting sustainable practices. However, knowledge on circular economies in agro-food supply chains is scattered, with limited comprehensive studies available. To address this gap, our study conducts a bibliometric and network analysis of 364 documents from the Scopus database. We identify influential authors, contributing countries and journals, and most cited documents. Additionally, we use network analysis to visualize connections between authors and keywords, providing insights into emerging trends and critical research areas. We also uncover important keywords and themes, laying a foundation for future research directions. Overall, our study offers a comprehensive overview, serving as a basis for further exploration in this field.

The paper explores the partial and integrated influence of corporate sustainability practices on the financial execution of Indian-listed firms. The study considered a sample of 569 listed firms, and the study period spans from 2010 to 2022. Using estimates of feasible generalized least square and quintile regression, the study finds a positive association between the environmental, social, and governance (ESG) score and the financial performance of firms. All the individual dimensions of the ESG score positively affect the firm's internal and external values. Environmental practices have the highest impact on improving balance sheet values through return on asset (ROA). In contrast, social practices have the highest impact on creating market value through Tobin's Q (TQ) compared with other dimensions. However, for large firms, excess investment in ESG may not support their balance sheet through ROA but generates market value through TQ. ESG disclosers negatively impact the internal earnings of firms that are financially inflexible but, in the aggregate, support the firm's market value. In addition, the study finds a significant moderating effect of size, earnings, value, and financial flexibility on the association between ESG scores and the financial performance of the firms.

In today's dynamic business milieu, the imperative of eco-consciousness in hospitality cannot be overstated. This study focuses on Lebanon's burgeoning hotel industry, investigating its journey towards sustainability. Through qualitative content analysis and interviews with eight hotel managers, we unveil a crucial revelation: the integration of green practices not only enhances customer satisfaction but also engenders loyalty and positive referrals. This strategic pivot not only bestows hotels with a competitive edge but also positions them as champions of eco-friendly experiences, resulting in tangible financial benefits and an expanded market share. Consequently, this fosters environmental sustainability within the sector, echoing its broader implications in environmental management discourse. Moreover, our research significantly contributes to institutional theory and stakeholder theory, offering valuable insights into the antecedents and consequences of green initiatives within organizational contexts. By delving into the intricate dynamics between institutional pressures and stakeholder expectations, the study provides a nuanced perspective on the drivers behind the adoption of sustainable practices in Lebanese hotels.

In today's highly competitive global market, companies aim to improve their market position to ensure their competitiveness and survival. The adoption of Industry 4.0 technologies constitutes a good approach to enhancing processes and productivity while maintaining high-quality standards. This is where Quality 4.0 becomes crucial, as it focuses on boosting the quality of organisational processes through the integration of disruptive technologies from Industry 4.0. Furthermore, companies are prioritising implementing environmentally friendly practices in their processes that support sustainable development. Therefore, it is imperative to evaluate how the application of Quality 4.0 can ease production improvements with minimal environmental impact while also aligning with sustainable development goals. This article analyses how these initiatives can be used within the food industry, specifically those dedicated to the production and sale of a product, evaluating a microenterprise dedicated to the production of artisanal ice cream. A comprehensive framework is proposed for the adoption of Quality 4.0 and its potential to support sustainable development goals. Using the PDCA cycle, the original situation is evaluated to later recommend strategies and tools to create improvements in the enterprise.

The study aspires to identify the factors conditioning the adaptation of the fourth industrial revolution (4IR) within the manufacturing industries in Bangladesh, embracing Industry 4.0 (I4.0) technology led by the technology-organizational-environment (TOE) framework that links a number of conditioning variables in the manufacturing industries of Bangladesh. I4.0 is going to drastically change the landscape of the extended TOE framework to relate demographics with research variables for implementing I4.0 technology in a developing country. The findings of the study are analyzed using SMART PLS SEM 4.0 and SPSS 29 in order to diagnose technological contexts (IT resource availability, technology readiness, and relative advantage), organizational contexts (strategy and leadership, organizational capabilities, and technology infrastructure), and environmental contexts (market pressure, government support, and technology innovation decision making). The study's data, which were collected with a bootstrap confidence range of 95%, offered evidence in favor of both proposed mediating effects. A statistically significant indirect effect of adaptation of I4.0 technology on manufacturing/industry performance was seen in the analysis. This study is conducted to examine the mediating function of manufacturing performance, which enhances the comprehensiveness of the study. Through the application of the TOE framework, this study investigates the impact of I4.0 technology adoption on manufacturing performance. The theoretical framework of the study has been validated by the TOE model, which aims to heighten manufacturing performance by integrating I4.0. The practical implications of this study, organizations, governments, and practitioners engaged in the implementation of I4.0 technologies within developing nation contexts.

Sustainable production and consumption are the need of the hour. Adopting the Circular Economy (CE) approach fosters sustainable business practices. Cloud computing is a new way of storage and application deployment. Cloud computing enables sustainable business processes, which in turn contributes towards the effective implementation of the Circular Approach to Business Practices (CABP). The current study aims to understand the potential of cloud computing to foster circular economy practices in Small and Medium Enterprises (SMEs). We conducted a Systematic review of 186 scholarly articles published in Web of Science (WOS), selected using the PRISMA framework. We conducted scientometric analysis on sources, authors and country level and thematic analysis to pinpoint further research areas. This was followed by a detailed literature review of the articles selected to study the concept and current practices of circular economy and an evaluation of its implementation in emerging economies. The paper proposes an integrated framework grounded in two approaches, that is, the Technology, Organization and Environment (TOE) framework and institutional isomorphism as determinants of cloud adoption and CE implementation. The proposed model explores the impact of institutional forces on the various parameters of TOE, thereby culminating in the adoption of Cloud Computing in SMEs. The study would encourage leaders and managers of SMEs to adopt cloud computing for competitive advantage and achieve a circular economy approach together. The adoption of cloud-based applications has a great potential to foster industrial and economic progress with minimum damage to the ecosystem, furthering sustainability and achieving Sustainable Development Goals (SDGs).