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Impacts of empathy, identity, and ethical branding on sustainable local food consumption 移情、认同和道德品牌对可持续本地食品消费的影响
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-23 DOI: 10.1002/csr.2912
Satoru Tamaki
This study clarifies the pathway to sustainable local food consumption highlighting ethical branding. Literature suggests that ethical brands promote continuous local food consumption, however, the structure of purchasing factors and impact has not been fully elucidated. A model is constructed in which empathy‐based social responsibility and self‐identity drive the purchase of local food, and ethical brand purchasing influences consumers’ perception of retailers’ ethics. The model is tested using a questionnaire survey and three years of actual purchase data on consumer purchases of ethically branded local foods. Results show that purchasing local food products, especially ethically branded ones, is mediated by consumers’ self‐identity toward social responsibility based on empathy, and self‐oriented purchasing enhances consumers’ perception of retailers’ ethics. Theoretical implications of the validated model for the studies on local food and ethical consumption, and the practical implications of ethical branding for organizations striving for sustainable development, are discussed.
本研究阐明了以道德品牌为重点的可持续本地食品消费途径。文献表明,道德品牌促进了持续的本地食品消费,然而,购买因素的结构和影响尚未完全阐明。本文构建了一个模型,在该模型中,基于同理心的社会责任和自我认同推动了本地食品的购买,而道德品牌的购买影响了消费者对零售商道德的认知。该模型通过问卷调查和三年来消费者购买道德品牌本地食品的实际购买数据进行了检验。结果表明,购买本地食品,尤其是道德品牌食品,会受到消费者基于同理心的社会责任自我认同的影响,而自我导向的购买行为会增强消费者对零售商道德的感知。本文讨论了验证模型对本地食品和道德消费研究的理论意义,以及道德品牌对努力实现可持续发展的组织的实际意义。
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引用次数: 0
The influence of supplier financial violations on clients' environmental, social, and governance performance: Evidence from China's manufacturing industry 供应商财务违规对客户环境、社会和治理绩效的影响:来自中国制造业的证据
IF 8.3 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-23 DOI: 10.1002/csr.2918
Jianhao Hu, Changran Zheng, Jiahao Xu, Xu Wu
The antecedents of environmental, social, and governance (ESG) performance have been extensively studied, yet the impact of supplier behavior has been overlooked. By analyzing data from China's manufacturing industry (2013–2020), we find that suppliers' financial violations enhance the overall ESG performance of client firms, with state ownership further reinforcing this relationship. By further examining the ESG dimensions, our study reveals an asynchronous pattern in firms' performance enhancements. Specifically, supplier financial violations significantly boost client firms' social and governance performance, while state ownership attenuates the positive relationship between supplier financial violations and governance performance. Ultimately, our study establishes a crucial link between the conduct of stakeholders within the supply chain and the firm ESG performance. Our findings also facilitate a more comprehensive assessment of the risks associated with supplier financial violations, aiding decision‐makers in shaping and implementing ESG‐related strategies for firms.
环境、社会和治理(ESG)绩效的前因已被广泛研究,但供应商行为的影响却一直被忽视。通过分析中国制造业的数据(2013-2020 年),我们发现供应商的财务违规行为会提高客户企业的整体环境、社会和治理绩效,而国有企业则会进一步强化这种关系。通过进一步研究 ESG 维度,我们的研究揭示了企业绩效提升的异步模式。具体来说,供应商的财务违规行为极大地促进了客户企业的社会和治理绩效,而国有制则削弱了供应商的财务违规行为与治理绩效之间的正相关关系。最终,我们的研究确立了供应链中利益相关者的行为与企业环境、社会和治理绩效之间的重要联系。我们的研究结果还有助于对供应商财务违规行为的相关风险进行更全面的评估,从而帮助决策者为企业制定和实施与环境、社会和治理相关的战略。
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引用次数: 0
Institutional investors' geographic concentration and environmental, social, and governance performance: An inverted U‐shaped relationship 机构投资者的地域集中度与环境、社会和治理绩效:倒 U 型关系
IF 8.3 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-22 DOI: 10.1002/csr.2915
Haiyan Zhong, Bilu Cheng
Although the rapid development of the Internet has infinitely shortened the distance between economic agents, geographic distance is still an important factor affecting information acquisition and interpersonal interactions between them. Using data on Chinese A‐share listed companies from 2009 to 2020, we explore the relationship between geographic concentration of institutional investors and environmental, social, and governance (ESG) performance. Our findings indicate that investors' geographic concentration has an inverted U‐shaped influence on ESG performance, and high‐speed railway and institutional environment weaken the negative influence of geographic concentration of institutional shareholders, leading to a flatter inverted U‐shaped relationship. As high‐speed railway and institutional environment further flatten the curve, the inverted U‐shaped relationship will eventually become U‐shaped, and a “shape‐flip” occurs. Our research offers a new perspective on the factors impacting corporate ESG performance, enriching institutional investor characteristics, and having practical significance for improving ESG performance.
尽管互联网的飞速发展无限缩短了经济主体之间的距离,但地理距离仍然是影响经济主体之间信息获取和人际互动的重要因素。利用 2009 年至 2020 年中国 A 股上市公司的数据,我们探讨了机构投资者的地理集中度与环境、社会和治理(ESG)绩效之间的关系。研究结果表明,投资者的地域集中度对环境、社会和治理(ESG)绩效的影响呈倒 "U "型,而高速铁路和制度环境削弱了机构股东地域集中度的负面影响,使倒 "U "型关系更加平缓。随着高速铁路和制度环境进一步拉平曲线,倒 U 型关系最终将变为 U 型,出现 "形状翻转"。我们的研究为企业环境、社会和治理绩效的影响因素提供了新的视角,丰富了机构投资者的特征,对提高企业环境、社会和治理绩效具有现实意义。
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引用次数: 0
The aftermath of communicating CSR campaigns' results: A perception study 传播企业社会责任活动成果的后果:认知研究
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-20 DOI: 10.1002/csr.2911
Dumitru Filipeanu, Iulian Hertug, Liviu‐George Maha, Claudiu Gabriel Tiganas, Elena‐Daniela Viorica
The study aims to assess the adequacy to which main companies in Romania communicate the outcome of their corporate social responsibility (CSR) campaigns to the public, by comparing the public's perception of social responsibility as demonstrated by companies with reported non‐financial results. The study focuses on identifying public perception on the type of activity associated with social responsibility; how adequately the respondents ranked the main types of non‐financial results; how socially responsible the companies are perceived by the public; and how well‐known the main CSR campaigns and the companies initiating them were. Although there are online reports containing the non‐financial results of companies, either the public has not been interested or the communication of such results is inefficient. Instead, people's perception on the type of activities run by companies is formed mainly from the media and by reading materials made available on the companies' web pages.
本研究旨在通过比较公众对公司所展示的社会责任的看法和所报告的非财务成果,评估罗马尼亚主要公司向公众宣传其企业社会责任(CSR)活动成果的充分程度。研究的重点是确定公众对与社会责任相关的活动类型的看法;受访者对主要类型的非财务结果的充分程度;公众对公司社会责任的看法;以及主要企业社会责任活动和发起这些活动的公司的知名度。虽然网上有包含公司非财务结果的报告,但要么公众不感兴趣,要么这些结果的传播效率不高。相反,人们主要通过媒体和阅读公司网页上的资料来了解公司开展的活动类型。
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引用次数: 0
Does firm‐level exposure to climate change influence inward foreign direct investment? Revealing the moderating role of ESG performance 公司层面的气候变化风险会影响外来直接投资吗?揭示环境、社会和公司治理绩效的调节作用
IF 8.3 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-19 DOI: 10.1002/csr.2917
Lingli Qing, Abd Alwahed Dagestani, Eun‐Young Nam, Chengqi Wang
The impact of climate change on foreign direct investment (FDI) at the corporate level is insufficiently explored, despite extensive discussions on environmental protection. This research utilizes novel panel data (2009–2022) on Chinese A‐share listed firms, using a two‐way fixed‐effect estimator to probe whether and how a firm's exposure to climate change influences the inflow of FDI, while considering the moderating role of environmental, social, and governance (ESG). The results show: (i) firm‐level exposure to climate change harms inward FDI inflow; (ii) host country firms can mitigate the negative effect of exposure to climate change on inward FDI inflow by strengthening their ESG performance; (iii) exposure to climate change primarily impacts FDI inflow through environmental taxes and green investments; (iv) the detrimental effect of climate change risk on incoming FDI is more pronounced in the central and eastern region of China, and among non‐state‐owned firms. These findings provide insightful theoretical and practical implications for addressing SDG 13 (Climate Action) challenges and for attracting multinational investments in developing countries like China.
尽管对环境保护问题进行了广泛讨论,但气候变化在企业层面对外国直接投资(FDI)的影响还没有得到充分探讨。本研究利用中国 A 股上市公司的最新面板数据(2009-2022 年),采用双向固定效应估计法,在考虑环境、社会和治理(ESG)调节作用的同时,探究企业的气候变化暴露是否以及如何影响外国直接投资的流入。结果表明:(i)企业层面的气候变化风险会损害外商直接投资的流入;(ii)东道国企业可以通过加强其环境、社会和治理绩效来缓解气候变化风险对外商直接投资流入的负面影响;(iii)气候变化风险主要通过环境税和绿色投资影响外商直接投资的流入;(iv)气候变化风险对外商直接投资流入的不利影响在中国中东部地区和非国有企业中更为明显。这些发现为应对可持续发展目标 13(气候行动)的挑战和吸引跨国公司在中国等发展中国家投资提供了深刻的理论和实践意义。
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引用次数: 0
Exploring Environmental, Social and Governance research in the wake of COVID‐19: A bibliometric analysis of current trends and recommendations for future research 探索 COVID-19 后的环境、社会和治理研究:对当前趋势的文献计量分析和对未来研究的建议
IF 8.3 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-19 DOI: 10.1002/csr.2909
M. Marie, Baolei Qi, A. M. Gerged, Haitham Nobanee
This study offers a systematic review of the evolution and characteristics of research on corporate Environmental, Social, and Governance (ESG) performance, with a particular focus on changes influenced by the COVID‐19 pandemic. Using bibliometric analysis, this research examines 340 scholarly articles on ESG performance published between 2006 and January 2023, documenting the expansion of ESG research in the post‐COVID‐19 era. Our findings identify key ESG themes, including social responsibility, sustainability reporting, corporate strategy, financial performance, and environmental performance. The study introduces a theoretical framework rooted in the resource‐based view, legitimacy, institutional, and stakeholder theories to explore the financial impacts of ESG implementations during and after the COVID‐19 pandemic. It highlights the essential roles played by influential journals, authors, and countries such as China, the USA, and Italy, demonstrating the interdisciplinary growth of ESG studies. Additionally, the research underscores the pandemic's impact on ESG practices, stressing the necessity for standardized ESG metrics and the crucial role of regulatory frameworks. The study recommends adapting ESG frameworks to align with post‐pandemic realities and calls for the inclusion of both qualitative research and a global perspective in future ESG research.
本研究对企业环境、社会和治理(ESG)绩效研究的演变和特点进行了系统回顾,尤其关注受 COVID-19 大流行影响的变化。本研究采用文献计量分析法,对 2006 年至 2023 年 1 月间发表的 340 篇有关 ESG 业绩的学术文章进行了研究,记录了后 COVID-19 时代 ESG 研究的扩展情况。我们的研究结果确定了关键的 ESG 主题,包括社会责任、可持续发展报告、公司战略、财务绩效和环境绩效。研究引入了一个理论框架,该框架植根于资源观、合法性、制度和利益相关者理论,以探讨在 COVID-19 大流行期间和之后实施 ESG 的财务影响。研究强调了有影响力的期刊、作者以及中国、美国和意大利等国家所发挥的重要作用,展示了 ESG 研究的跨学科发展。此外,研究还强调了疫情对环境、社会和治理实践的影响,强调了环境、社会和治理指标标准化的必要性以及监管框架的关键作用。研究建议调整环境、社会和治理框架,以适应大流行后的现实,并呼吁在未来的环境、社会和治理研究中纳入定性研究和全球视角。
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引用次数: 0
One size does not fit all: Responsible investor motivation and investment performance 不能一刀切:负责任的投资者动机与投资业绩
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-17 DOI: 10.1002/csr.2905
Bert Scholtens, Fabian Willard
Most research in socially responsible investing is about how it influences financial performance. Hardly any study investigates how it affects responsibility. We investigate how different motives of responsible investors affect portfolio design and financial and nonfinancial performance of investments. We study financial, deontological, consequentialist, and expressive motivated responsible investors. The first seek to achieve financial outperformance by relying on environmental, social, and governance (ESG) information. The second avoid investing in controversial issues. The third seek to influence the most sustainable firms. The fourth try to enhance their own social identity by investing responsibly. We find that the specific motivation for socially responsible investing does not significantly affect financial performance. However, the motivation does have a substantial influence on the responsibility score of the portfolio. In particular, deontological portfolios underperform the universe regarding responsibility performance. This might reflect the origin of responsibility scoring where controversial firms usually invest more in responsibility than less controversial ones. The other portfolios all outperform the market. This has important lessons for responsible investment funds: they will need to find out about the motives of their investors to modify portfolio design when investing responsibly. “One size for all” is no option when targeting responsible investors.
有关社会责任投资的大多数研究都是关于社会责任投资如何影响财务业绩的。很少有研究调查它如何影响责任。我们研究了责任投资者的不同动机如何影响投资组合设计以及投资的财务和非财务绩效。我们研究了财务型、义务型、结果型和表达型责任投资者。前者试图依靠环境、社会和治理(ESG)信息实现财务超额收益。第二类投资者避免投资有争议的问题。第三种寻求影响最具可持续性的企业。第四种人则试图通过负责任的投资来提高自身的社会认同感。我们发现,进行社会责任投资的具体动机并不会对财务业绩产生重大影响。但是,投资动机对投资组合的责任得分有很大影响。特别是,在责任表现方面,去道义投资组合的表现低于整体投资组合。这可能反映了责任评分的起源,即有争议的公司通常比争议较小的公司在责任方面投资更多。其他投资组合的表现均优于市场。这给责任投资基金带来了重要启示:它们需要了解投资者的动机,以便在进行责任投资时修改投资组合的设计。以负责任的投资者为目标,"一刀切 "是行不通的。
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引用次数: 0
Managerial practices and firms' environmental performance: An international evidence 管理实践与企业的环境绩效:国际证据
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-17 DOI: 10.1002/csr.2910
Thang Ngoc Doan, Chi Thi Kim Vu
This study investigates the impact of managerial practices on environmental performance using firm‐level data from Eastern European and Central Asian regions collected during the 2019–2020 period through the World Bank Enterprise Surveys. Utilizing principal component analysis, we evaluate managerial practices across four key dimensions: targets, monitoring, incentives, and operations. Concurrently, we assess environmental performance through indicators encompassing energy efficiency, energy intensity, and disclosure practices. Our empirical findings highlight a strong correlation between higher scores in managerial practices and improved environmental performance within firms. These positive effects are transferred through environmental targets and adoptions, with moderation observed based on firm size. Robustness is evident in our results across various measures of environmental performance and managerial practices, as well as when accounting for potential endogeneity issues. This research offers valuable insights with implications for both policy development and managerial decision‐making, fostering sustainability and responsible practices.
本研究利用世界银行在 2019-2020 年期间通过企业调查从东欧和中亚地区收集的企业级数据,研究了管理实践对环境绩效的影响。利用主成分分析法,我们从目标、监控、激励和运营四个关键维度对管理实践进行了评估。同时,我们通过包括能源效率、能源强度和信息披露实践在内的指标来评估环境绩效。我们的实证研究结果表明,管理实践得分越高,企业的环境绩效就越高。这些积极影响通过环境目标和采用来传递,并根据企业规模进行调节。在不同的环境绩效和管理实践衡量标准下,以及在考虑潜在的内生性问题时,我们的研究结果都具有明显的稳健性。这项研究为政策制定和管理决策、促进可持续性和负责任的做法提供了有价值的见解。
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引用次数: 0
Unveiling the influence of corporate greenwashing on employees' pro‐environmental behavior: A cross‐cultural study from China, United Kingdom, Republic of Korea, and Japan 揭示企业绿色营销对员工环保行为的影响:来自中国、英国、韩国和日本的跨文化研究
IF 8.3 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-17 DOI: 10.1002/csr.2896
Zhibin Tao, Jiaxiao Chao
Corporate greenwashing and pro‐environmental behavior of employees have attracted a significant amount of research attention in journals related to corporate governance, green and sustainable development. However, limited research has currently investigated the relationship between the two, especially in today's globalized business environment. To fill this research gap, this study conducts a cross‐cultural validation of connection between the two, covering four countries: China, United Kingdom, Republic of Korea, and Japan. The study uses structural equation model and fsQCA methods for empirical analysis. The empirical results reveal that in China, United Kingdom, Republic of Korea, and Japan: (1) corporate greenwashing suppresses employees' pro‐environmental behavior; (2) corporate greenwashing leads to employees developing perceptions of corporate hypocrisy, negative pro‐environmental attitudes, and organizational cynicism; (3) corporate hypocrisy perception, negative pro‐environmental attitude, and organizational cynicism lead to employees displaying negative pro‐environmental behaviors; (4) corporate hypocrisy perception, negative pro‐environmental attitude, and organizational cynicism significantly mediate the influence of corporate greenwashing on employees' pro‐environmental behavior; (5) the mediating effects of these three variables do not significantly differ across the four countries; (6) the analysis results from the fsQCA method show that in China, there are 6 configurations leading to employees displaying significant (strong) negative pro‐environmental behaviors, while in the United Kingdom there are 5, and in the Republic of Korea and Japan there are 3 and 5, respectively. This cross‐cultural study offers insights for corporate management, aiding in understanding and mitigating the effects of greenwashing on employee pro‐environmental behavior. It also bolsters the creation of efficacious corporate environmental practices policies and serves as a resource for future cross‐cultural environmental preservation and corporate governance research.
在与公司治理、绿色和可持续发展相关的期刊中,公司的 "洗绿 "行为和员工的亲环境行为吸引了大量的研究关注。然而,目前对这两者之间关系的研究还很有限,尤其是在当今全球化的商业环境中。为了填补这一研究空白,本研究对两者之间的联系进行了跨文化验证,涵盖四个国家:中国、英国、大韩民国和日本。研究采用结构方程模型和 FsQCA 方法进行实证分析。实证结果表明,在中国、英国、韩国和日本,企业 "洗绿 "行为的影响因素主要有以下几个方面(1) 企业 "洗绿 "行为抑制了员工的亲环境行为;(2) 企业 "洗绿 "行为导致员工产生企业虚伪感、消极亲环境态度和组织犬儒主义;(3) 企业虚伪感、消极亲环境态度和组织犬儒主义导致员工表现出消极亲环境行为;(4) 企业虚伪感、消极亲环境态度和组织犬儒主义对企业 "洗绿 "对员工亲环境行为的影响具有显著的中介作用;(5) 这三个变量的中介效应在四个国家之间没有显著差异;(6) fsQCA 方法的分析结果表明,在中国,导致员工表现出显著(强烈)消极亲环境行为的构型有 6 种,而在英国有 5 种,在韩国和日本分别有 3 种和 5 种。这项跨文化研究为企业管理提供了启示,有助于理解和减轻 "绿色清洗 "对员工亲环境行为的影响。它还有助于制定有效的企业环境实践政策,并为未来的跨文化环境保护和公司治理研究提供资源。
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引用次数: 0
Continuous and changing stakeholder engagement for organisational sustainability: Proposing the stakeholder engagement flow model 持续和不断变化的利益相关者参与,促进组织的可持续发展:提出利益相关者参与流程模型
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-07-10 DOI: 10.1002/csr.2908
Lea Fobbe, Camilla Niss, Per Hilletofth
Stakeholder engagement has been at the forefront of the organisational sustainability debate, particularly focusing on operational sustainability practices (OSP). While sustainability literature increasingly focuses on sustainable business models (SBMs) and the relationship to OSP, research on stakeholder engagement in SBMs and how this relates to engagement in OSP has been scarce. Based on case study research, this paper contributes to the debate by first providing empirical evidence on engagement practices for implementing SBMs. Second, this paper proposes the stakeholder engagement flow model, highlighting how stakeholder engagement for implementing SBMs need to be adapted in relation to stakeholder engagement in OSP. While stakeholder engagement is often continuous for a broad range of stakeholders, successfully implementing SBMs may also require changing engagement practices both in terms of engagement approach and role of stakeholders. The results advance the theoretical debate on stakeholder engagement for organisational sustainability and support practitioners to rethink and evaluate their stakeholder engagement efforts when aiming to implement OSP and SBMs.
利益相关者的参与一直是组织可持续发展讨论的前沿,特别是在运营可持续发展实践(OSP)方面。虽然可持续发展文献越来越关注可持续商业模式(SBM)及其与运营可持续实践的关系,但有关利益相关者参与可持续商业模式及其与运营可持续实践的关系的研究却很少。本文以案例研究为基础,首先为实施可持续商业模式的参与实践提供了经验证据,从而为相关讨论做出了贡献。其次,本文提出了利益相关者参与流程模型,强调了实施基于结果的管理时,利益相关者的参与需要如何与 OSP 中利益相关者的参与相适应。虽然利益相关者的参与通常是持续性的,但要成功实施注重结果的管理,可能还需要在参与方式和利益相关者的角色方面改变参与做法。研究结果推动了关于利益相关者参与促进组织可持续发展的理论辩论,并支持实践者重新思考和评估他们在实施开放式战略计划和注重结果的管理时的利益相关者参与工作。
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引用次数: 0
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Corporate Social Responsibility and Environmental Management
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