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Assessing the economic impacts of eco‐innovation strategies across contexts shaped by different institutional and structural pressures 评估生态创新战略在不同体制和结构压力下产生的经济影响
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-09-09 DOI: 10.1002/csr.2958
Beatriz Forés
In the face of escalating environmental challenges, eco‐innovation (EI) has emerged as a crucial strategy for businesses aiming to balance ecological responsibility with economic and social performance. This study explores the impact of various EI strategies on the economic performance of firms, analyzing the contingent effect of both institutional and structural factors in dirty and clean industries. Using data from the Spanish Technological Innovation Panel (PITEC) spanning the period 2009–2016, our findings reveal that context matters for the effectiveness of EI strategies in enhancing economic performance. In stable environments with low institutional pressures, dirty industries benefit from R&D‐centric strategies, whereas in clean industries only efficiency‐centric and ambidextrous strategies yield economic gains. Similarly, in moderate institutional environments, the advantages offered by EI strategies hold for clean and dirty industries; however, ambidextrous EI strategies yield more economic advantages in both industry types. In dynamic environments, proactive strategies such as R&D‐centric and ambidextrous approaches are crucial for both dirty and clean industries. Firms in this situation should thus invest in assets and practices that enhance R&D for EI, as efficiency‐centric strategies are less effective in dynamic contexts. The findings have interesting implications for managers and policymakers, underlining the need for a nuanced approach to supporting and implementing EI initiatives.
面对不断升级的环境挑战,生态创新(EI)已成为企业旨在平衡生态责任与经济和社会绩效的重要战略。本研究探讨了各种生态创新战略对企业经济绩效的影响,分析了肮脏和清洁行业中制度和结构因素的权变效应。利用西班牙技术创新小组(PITEC)2009-2016 年期间的数据,我们的研究结果表明,环境对环境创新战略提高经济绩效的有效性至关重要。在制度压力较小的稳定环境中,肮脏产业受益于以研发为中心的战略,而在清洁产业中,只有以效率为中心和双管齐下的战略才能产生经济收益。同样,在适度的制度环境中,环境创新战略为清洁和肮脏行业带来的优势也是一样的;然而,在这两种行业类型中,双管齐下的环境创新战略产生了更多的经济优势。在动态环境中,积极主动的战略,如以研发为中心的战略和双管齐下的战略,对肮脏和清洁行业都至关重要。因此,处于这种情况下的企业应该投资于能够加强环境创新研发的资产和实践,因为以效率为中心的战略在动态环境中效果较差。研究结果对管理者和政策制定者具有重要意义,强调需要采取细致入微的方法来支持和实施环境创新举措。
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引用次数: 0
Apologize or deny? How companies defend legitimacy of Wall street, Main street, and Market street after corporate misconduct 道歉还是否认?企业不当行为发生后,公司如何捍卫华尔街、主要街道和市场街道的合法性
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-09-05 DOI: 10.1002/csr.2951
Marc Oberhauser, Marcus Conrad, Dirk Holtbrügge
The purpose of this study is to analyze which measures corporations use to defend legitimacy after conducting misconduct and how different stakeholders react to these legitimacy‐defending measures (LDMs). Drawing on legitimacy theory and the concept of thought worlds, we derive hypotheses for three stakeholder groups and two types of corporate misconduct (CM): social‐ and environmental‐related CM and product‐ and service‐related CM. These hypotheses are tested in a sample of 343 cases of CM. Data for these CM were hand‐collected from various corporate publications, newspapers, and websites. We find that investors, customers, and society respond differently to different LDMs and different types of CM. The study contributes a stakeholder‐ and CM‐differentiated approach to legitimacy theory and adds to the literature on corporate misconduct, corporate legitimacy, and stakeholder management.
本研究旨在分析企业在实施不当行为后会采取哪些措施来捍卫其合法性,以及不同利益相关者对这些捍卫合法性措施(LDMs)的反应。借鉴合法性理论和思想世界的概念,我们针对三个利益相关者群体和两类企业不当行为(CM)提出了假设:与社会和环境相关的企业不当行为以及与产品和服务相关的企业不当行为。这些假设在 343 个企业不当行为案例中得到了验证。这些企业失范行为的数据是从各种企业出版物、报纸和网站上手工收集的。我们发现,投资者、客户和社会对不同的 LDM 和不同类型的企业营销做出了不同的反应。本研究为合法性理论提供了一种利益相关者和企业行为差异化的方法,并为有关企业不当行为、企业合法性和利益相关者管理的文献增添了新的内容。
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引用次数: 0
Sustainable wins: Exploring the nexus of Environmental, Social and Governance investment and firm efficiency in the gambling industry moderated by business strategy type 可持续的胜利:探索博彩业环境、社会和治理投资与企业效率之间的关系,以企业战略类型为调节器
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-09-04 DOI: 10.1002/csr.2952
Chia‐Yang Chang, Wen‐Min Lu, Irene Wei Kiong Ting, Day‐Yang Liu, Joseph C. P. Shieh
This study investigates the moderating influence of the business strategy type on the correlation between environmental, social and governance (ESG) investment and efficiency in the gambling industry. By employing the range directional measure–network data envelopment analysis model, this study focuses on a sample of 29 gambling firms in North America, Europe, Asia and Oceania for the period of 2019–2022. Findings show that (i) the gambling industry demonstrates steadily increasing trends in the three ESG pillars; (ii) the gambling firms in Asia outperform their counterparts in North America across the three ESG pillars, and among the industry classifications, the betting operators lead in performance in the ESG pillars; and (iii) the adoption of an aggressive business strategy will enhance the translation of social responsibility investment and governance practices into heightened sustainability efficiency and marketability efficiency, respectively. Overall, this study enriches the ESG investment literature by exploring the moderating role of the business strategy type and provides insights into how diverse business strategies within the gambling industry can shape the outcomes of ESG initiatives. The implications of the findings extend to management teams and offer valuable insights into the interplay between the business strategy type and the ESG–firm efficiency nexus. Policymakers can leverage the results to design regulations and incentives that align with the different strategic profiles adopted by gambling firms to foster the creation of tailored and effective approaches for strengthening their sustainability in the industry.
本研究探讨了企业战略类型对博彩业环境、社会和治理(ESG)投资与效率之间相关性的调节作用。通过采用范围定向测量-网络数据包络分析模型,本研究以2019-2022年期间北美、欧洲、亚洲和大洋洲的29家博彩公司为样本。研究结果表明:(i) 博彩业在三个ESG支柱方面呈现出稳步增长的趋势;(ii) 亚洲博彩公司在三个ESG支柱方面的表现优于北美博彩公司,在行业分类中,博彩运营商在ESG支柱方面的表现领先;(iii) 采用积极的商业战略将促进社会责任投资和治理实践分别转化为更高的可持续性效率和市场化效率。总之,本研究通过探索商业战略类型的调节作用,丰富了环境、社会和公司治理投资的文献,并深入探讨了博彩业内不同的商业战略如何影响环境、社会和公司治理举措的结果。研究结果的影响延伸到管理团队,并为商业战略类型与环境、社会和公司治理效率之间的相互作用提供了宝贵的见解。政策制定者可以利用这些结果来设计与博彩公司所采取的不同战略相适应的法规和激励措施,以促进制定量身定制的有效方法,加强博彩业的可持续发展。
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引用次数: 0
Identifying the role of absorptive capacity in the relationship between quality management and sustainability: Evidence from the tourism industry 确定吸收能力在质量管理与可持续性之间关系中的作用:来自旅游业的证据
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-09-04 DOI: 10.1002/csr.2955
María D. López‐Gamero, José F. Molina‐Azorín, Juan José Tarí, Jorge Pereira‐Moliner
Firms need to develop dynamic capabilities to anticipate, adapt and respond to a changing competitive environment. Quality management, absorptive capacity and sustainability can act as dynamic capabilities, helping firms to adapt better and more quickly to new stakeholder demands. Some dynamic capabilities can help develop others. The aim of this paper is to analyse the role of quality management and absorptive capacity as enablers and drivers of environmental, economic and social sustainability development, and to study the mediating role of absorptive capacity in the relationship between quality management and the three dimensions of sustainability. Through structural equation modelling and using data from Spanish hotels, this study adds value to the dynamic capabilities theory by empirically demonstrating that quality management and absorptive capacity, used together, positively influence (directly or indirectly) the environmental, economic and social sustainability of hotels in order to reduce their environmental impact, and improve the social well‐being of stakeholders and the economic development of the region.
企业需要发展动态能力,以预测、适应和应对不断变化的竞争环境。质量管理、吸收能力和可持续性可以作为动态能力,帮助企业更好、更快地适应利益相关者的新需求。一些动态能力有助于发展其他能力。本文旨在分析质量管理和吸收能力作为环境、经济和社会可持续发展的促进因素和驱动因素的作用,并研究吸收能力在质量管理与可持续发展三个方面之间关系中的中介作用。本研究通过结构方程模型并利用西班牙酒店的数据,以实证研究证明质量管理和吸收能力的共同作用会(直接或间接)对酒店的环境、经济和社会可持续性产生积极影响,从而减少其对环境的影响,改善利益相关者的社会福祉和地区的经济发展,从而为动态能力理论增添价值。
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引用次数: 0
Disclosure and transparency of sustainability information in Spanish social enterprises: An empirical study of audited special employment centers 西班牙社会企业可持续性信息的披露和透明度:对经审计的特殊就业中心的实证研究
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-09-03 DOI: 10.1002/csr.2947
Elisabet Gómez‐González, Elisa Isabel Cano‐Montero, Jesús Fernando Santos‐Peñalver, Julián Chamizo‐González
The research analyzes how certain factors such as activity sector, size, and economic‐financial performance can influence the level of disclosure and transparency of sustainability information in special employment centers. This publication is based on an empirical study applying a quantitative methodology in 194 social economy enterprises with data from 2020. The results confirm that companies that disclose sustainability information do so based on GRI standards and in all areas of sustainability. Belonging to certain activity sectors and size influence the disclosure of sustainability information. Also, the results show that assets, operating income, liquidity and economic profitability have an influence. This research contributes to improving the disclosure and transparency of sustainability information in social economy enterprises and provides indicators on management in sustainability aspects, useful for the analysis of subsidy management.
研究分析了活动部门、规模和经济财务表现等因素如何影响特殊就业中心的可持续发展信息披露水平和透明度。本出版物基于一项实证研究,采用定量方法对 194 家社会经济企业进行了研究,数据来自 2020 年。研究结果证实,披露可持续发展信息的企业是根据全球报告倡议组织(GRI)的标准在所有可持续发展领域进行披露的。属于某些活动部门和规模会影响可持续发展信息的披露。此外,研究结果还显示,资产、营业收入、流动性和经济盈利能力也有影响。这项研究有助于提高社会经济企业可持续发展信息的披露和透明度,并提供了可持续发展方面的管理指标,有助于分析补贴管理。
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引用次数: 0
Corporate social responsibility and circular economy integration framework within sustainable supply chain management: Building blocks for industry 5.0 可持续供应链管理中的企业社会责任与循环经济整合框架:工业 5.0 的基石
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-09-02 DOI: 10.1002/csr.2949
Bruna da Silva Santiago, Luiz Felipe Scavarda, Rodrigo Goyannes Gusmão Caiado, Renan Silva Santos, Daniel Luiz de Mattos Nascimento
The emergence of Industry 5.0 (I5.0) underscores the importance of integrating sustainability and human‐centricity into organizations. This requires combining corporate social responsibility (CSR) and circular economy (CE) within sustainable supply chain management (SSCM). However, the interplay between CSR, CE, and SSCM remains underexplored, especially in the context of I5.0. Therefore, this article proposes a framework for integrating CSR and CE principles within SSCM, serving as a transition to I5.0. The framework is derived from a comprehensive scoping review and experts' input, with a backdrop of the business legitimacy theory. It comprises several key constructs, including the supply chain structure and promoters, organized around four pillars representing the components of CE and embracing the triple bottom line dimensions. With 12 guidelines, the framework stands as a practical tool for organizations aiming to seamlessly integrate CSR and CE within SSCM, facilitating the transition to I5.0 and promoting a sustainable, socially responsible ethos.
工业 5.0(I5.0)的出现凸显了将可持续性和以人为本融入组织的重要性。这就要求在可持续供应链管理(SSCM)中结合企业社会责任(CSR)和循环经济(CE)。然而,企业社会责任、循环经济和 SSCM 之间的相互作用仍未得到充分探讨,尤其是在 I5.0 的背景下。因此,本文提出了一个在 SSCM 中整合企业社会责任和消费电子原则的框架,作为向 I5.0 的过渡。该框架以商业合法性理论为背景,通过全面的范围审查和专家意见得出。该框架由供应链结构和推动者等几个关键构件组成,围绕代表行政首长协调会组成部分的四大支柱展开,并包含三重底线维度。该框架包含 12 项指导原则,是企业将企业社会责任和企业公民责任无缝整合到 SSCM 中的实用工具,有助于向 I5.0 过渡,促进可持续的、对社会负责的精神。
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引用次数: 0
Enhancing organizational attractiveness through CSR consistency: Examining the impact of corporate hypocrisy, conceptual fluency, and proactive communication in HR recruitment 通过企业社会责任一致性增强组织吸引力:考察企业虚伪性、概念流畅性和主动沟通对人力资源招聘的影响
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-08-31 DOI: 10.1002/csr.2946
Hong‐yan Li, Xianxian Duan, Qiang Fu
Incorporating corporate social responsibility (CSR) into organizational strategies has become essential, demonstrating a dedication to ethical conduct and sustainable practices. This paper investigates how consistency in CSR practices impacts organizational attractiveness. Drawing upon the theory of the continuum model of impression formation, two separate studies were undertaken to investigate the influence of CSR consistency (both consistent and inconsistent CSR) on the appeal of organizations. Besides, these studies aimed to evaluate the mediating roles of conceptual fluency and perceived corporate hypocrisy in this relationship, as well as the moderating effect of two corporate communication strategies (proactive and passive). The study found that perceptions of corporate hypocrisy played a significant mediating role in the link between inconsistent CSR practices and the appeal of an organization. This mediating effect was diminished by the use of proactive communication strategies. In contrast, conceptual fluency was identified as a key mediator in the relationship between consistent CSR practices and organizational attractiveness, with its mediating effect being enhanced by proactive communication strategies. This study makes a novel contribution by focusing on the temporal stability of CSR initiatives and broadens the understanding of whether sustained engagement in CSR activities over time confers greater organizational attractiveness than occasional or random initiatives. This study extends the theory of the relationship between perceived CSR and job seekers and provides guidance and recommendations for CSR activities and HR recruitment practices for companies in the post‐epidemic era.
将企业社会责任(CSR)纳入组织战略已变得至关重要,这表明企业致力于道德行为和可持续发展实践。本文探讨了企业社会责任实践的一致性如何影响组织的吸引力。借鉴印象形成的连续模型理论,本文分别进行了两项研究,探讨企业社会责任一致性(包括企业社会责任一致性和不一致性)对组织吸引力的影响。此外,这些研究还旨在评估概念流畅性和感知到的企业虚伪性在这一关系中的中介作用,以及两种企业传播策略(主动传播和被动传播)的调节作用。研究发现,对企业虚伪性的感知在企业社会责任实践不一致与组织吸引力之间起着重要的中介作用。主动传播策略的使用削弱了这种中介效应。与此相反,概念流畅性被认为是企业社会责任实践一致性与组织吸引力之间关系的关键中介因素,其中介效应因积极主动的沟通策略而增强。本研究通过关注企业社会责任举措的时间稳定性做出了新的贡献,并拓宽了人们对长期持续参与企业社会责任活动是否比偶尔或随机举措更能增强组织吸引力的理解。本研究扩展了企业社会责任感知与求职者之间关系的理论,为后流行病时代的企业社会责任活动和人力资源招聘实践提供了指导和建议。
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引用次数: 0
Environmental policy and stakeholder engagement: Incident‐based, cross‐country analysis of firm‐level greenwashing practices 环境政策与利益相关者的参与:基于事件的企业级 "绿色清洗 "做法跨国分析
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-08-29 DOI: 10.1002/csr.2945
Judit Lilla Keresztúri, Edina Berlinger, Ágnes Lublóy
In this study, we investigate how internal and external monitoring systems can help combat greenwashing. We propose a novel, incident‐based measure to investigate the greenwashing behavior of 1218 large and mid‐cap companies across different industries between 2008 and 2020. These companies are constituents of the MSCI World Index, covering 23 developed market economies. We consider a company to be engaged in greenwashing if it improves its environmental ESG subscore while simultaneously being responsible for severe environmental damage. According to our greenwashing indicator, about 7% of the companies were involved in greenwashing at least once during the 13‐year sample period. The proportion of greenwashing companies is highest in the energy, utilities, and materials industries. We find evidence that both internal and external monitoring mechanisms can be effective in deterring companies from adopting greenwashing strategies. Firms with more independent board members, attracting more attention from the investors, and headquartered in countries where the population is more environmentally aware are significantly less likely to engage in greenwashing. The awareness of the population is a key factor especially in the energy, utility, and material sectors.
在本研究中,我们探讨了内部和外部监控系统如何帮助打击 "洗绿 "行为。我们提出了一种新颖的、基于事件的测量方法,以调查 2008 年至 2020 年间 1218 家不同行业的大中型公司的 "绿色清洗 "行为。这些公司都是 MSCI 世界指数的成分股,涵盖 23 个发达市场经济体。如果一家公司在提高其环境 ESG 子分数的同时,却对严重的环境破坏负有责任,我们就认为该公司存在 "洗绿 "行为。根据我们的 "洗绿 "指标,约有 7% 的公司在 13 年的样本期内至少参与过一次 "洗绿"。能源、公用事业和材料行业的 "洗绿 "公司比例最高。我们发现有证据表明,内部和外部监督机制都能有效阻止公司采用 "洗绿 "策略。拥有更多独立董事会成员、吸引更多投资者关注、总部位于民众环保意识更强的国家的公司,参与 "洗绿 "的可能性要小得多。民众的环保意识是一个关键因素,尤其是在能源、公用事业和材料行业。
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引用次数: 0
Design and evaluation of a blockchain‐based system for increasing customer engagement in circular economy 设计和评估基于区块链的系统,提高循环经济中的客户参与度
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-08-28 DOI: 10.1002/csr.2948
Roberto Cerchione
The purpose of this study is to design, develop and evaluate a blockchain platform in the field of circular economy (CE). To achieve this aim, the research demonstrates the feasibility of designing a decentralised architecture and prototyping a distributed system to increase customer engagement in the transition toward CE. Building on previous research and leveraging on the design science research approach, the paper identifies the technical and managerial issues that must be addressed to adopt blockchain as an enabling technology in the CE domain. More in details, starting with the identification of circular sharing economy (CSE) processes, a conceptual framework was designed to evaluate how blockchain implementation has the potential to enhance the role of customers involved in CSE processes. As for the practical implications, the suggested conceptual framework reduces the knowledge gap between blockchain developers and corporate social responsibility specialists. To bridge the gap, it identifies future directions and practical guidelines for designing and implementing blockchain to support the digital and sustainable innovation of more circular firms and supply chains.
本研究旨在设计、开发和评估循环经济(CE)领域的区块链平台。为实现这一目标,研究论证了设计去中心化架构和分布式系统原型的可行性,以提高客户在向循环经济转型过程中的参与度。在以往研究的基础上,利用设计科学研究方法,本文确定了在消费电子领域采用区块链作为赋能技术必须解决的技术和管理问题。更详细地说,从确定循环共享经济(CSE)流程开始,设计了一个概念框架,以评估区块链的实施如何有可能增强参与循环共享经济流程的客户的作用。至于实际影响,建议的概念框架缩小了区块链开发人员和企业社会责任专家之间的知识差距。为了缩小差距,它确定了设计和实施区块链的未来方向和实用指南,以支持更多循环型企业和供应链的数字化和可持续创新。
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引用次数: 0
Environmental performance: A systematic review of literature and directions for future studies 环境绩效:文献系统回顾与未来研究方向
IF 9.8 2区 管理学 Q1 BUSINESS Pub Date : 2024-08-24 DOI: 10.1002/csr.2931
Charlotte Adjanor‐Doku, Florence Yaa Ellis, Emmanuel Affum‐Osei
This review delves into the pressing concerns surrounding environmental performance, addressing the urgent need for action in light of environmental degradation and climate change threats. It surveys existing literature across geographical, industrial, and methodological dimensions, offering conceptual insights and empirical analyses. The study carefully examines factors influencing environmental performance, measurement scales, contextual elements, and intervening factors, exposing gaps and inconsistencies in current research. The analysis advocates for interdisciplinary, long‐term, innovative approaches to assess and enhance environmental performance holistically. It stresses the importance of inclusive strategies involving diverse stakeholders to foster sustainable environmental management. Ultimately, the review emphasizes collaborative efforts among policymakers, industries, communities, and individuals to tackle environmental challenges and promote ecological resilience.
本综述深入探讨了与环境绩效相关的紧迫问题,探讨了在环境退化和气候变化威胁下采取行动的迫切需要。研究调查了地理、工业和方法论方面的现有文献,提供了概念见解和实证分析。研究仔细审查了影响环境绩效的因素、测量尺度、背景要素和干预因素,揭示了当前研究中的差距和不一致之处。分析提倡采用跨学科、长期、创新的方法,从整体上评估和提高环境绩效。它强调了涉及不同利益相关者的包容性战略对促进可持续环境管理的重要性。最后,审查强调了决策者、行业、社区和个人之间的合作努力,以应对环境挑战并促进生态恢复力。
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引用次数: 0
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Corporate Social Responsibility and Environmental Management
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