RETRACTION: K. Nayal, R. D. Raut, V. S. Yadav, P. Priyadarshinee and B. E. Narkhede, “ The Impact of Sustainable Development Strategy on Sustainable Supply Chain Firm Performance in the Digital Transformation Era,” Business Strategy and the Environment 31, no. 3 (2022): 845–859, https://onlinelibrary.wiley.com/doi/10.1002/bse.2921
The above article, published online on 26 October 2021 in Wiley Online Library (wileyonlinelibrary.com), and a corresponding Corrigendum, published on 21 April 2024 (https://doi.org/10.1002/bse.3783), has been retracted by agreement between the journal Editor-in-Chief, Richard Welford; ERP Environment; and John Wiley & Sons Ltd. The retraction has been agreed due to errors in the statistical analysis presented in Table 4. Despite the previously produced Corrigendum, errors are still evident. The authors provided an explanation; however, this was not regarded as satisfactory. As a result, the editors consider the results and conclusions in this article unreliable. The authors disagree with the retraction.
The incompatibility between diverse responsible principles of science and technology (S&T) and multi-stakeholders' heterogeneous value assessments underscores the importance of coordinating normative principles of responsible research and innovation (RRI). In this context, this study adopts an ambidexterity lens to address this issue, conceptualizing two constructs—“generalized responsibility” and “specialized responsibility” of S&T (GRST and SRST)—to illustrate the trade-offs. It explores the antecedents of GRST and SRST from an agency perspective. Drawing from a dataset of 19,707 poll responses, the study employs a fractional logit regression model to examine the relationships between three types of agency (iterational agency, strategic agency, and ethical agency) and GRST and SRST. The results reveal a positive relationship between iterational agency and SRST, and between strategic agency and GRST, as well as U-shaped effects of iterational agency on GRST, strategic agency on SRST, and ethical agency on both GRST and SRST. Moreover, ethical agency is found to be more important for SRST than for GRST. The study offers theoretical and policy implications for a critical discussion about responsible innovation.
The packaging industry's significant role in plastic production and environmental pollution underscores the need for more sustainable alternatives. Bioplastics emerge as a promising solution, yet consumer understanding of this innovative material often lags, particularly in emerging markets. This study thus aims to explore effective marketing strategies for communicating bioplastic packaging to shape consumer adoption and disposal practices in such markets. Through a case study approach, we examine the role of ecolabels as a marketing tool across key sectors of the bioplastic packaging supply chain. Drawing upon the signalling theory, we identify key characteristics of effective signals, including costly signalling, visibility, clarity, fitness, consistency and credibility, which should be integrated into a broader context of ecolabels design in order to encourage consumer adoption and responsible disposal. Our study also identifies instances where noises from the environment may have little impact and where communication gaps hinder feedback loops between consumers and producers.
Traceability and transparency are essential for sustainability in complex global supply chains (SCs), but they remain elusive goals in practice. Scholars and practitioners consistently advocate collaboration amongst SC stakeholders as a means of enhancing them, yet little is known regarding their interrelation and contribution to sustainability. We adopt the SC practice-based view (SCPV) to propose and test an explanatory model elucidating how to deploy collaboration, traceability and transparency to achieve triple bottom line (TBL) performance within global SCs. Focusing on the paramount example of complex fashion-apparel SCs, we analyse the insights gained from 139 suppliers—typically ignored in favour of focal firms—using Partial Least Squares Structural Equations Modelling. Our results provide a concrete battery of not-necessarily complex or inimitable activities empirically proven to help put traceability and transparency into practice to achieve TBL performance. The SCPV approach contends that everyday practices, activities and relationships amongst SC stakeholders underpin TBL performance.
Grounded in both agency and upper echelons perspectives, this paper examines the effects of chief executive officer (CEO) narcissism and power on corporate reporting on the Sustainable Development Goals (SDGs). We theorise that CEOs' narcissistic tendencies and power will influence their firms' SDGs engagement and reporting practices. We also examine whether SDGs reporting affects firm performance. Based on a sample of FTSE 100 companies for the period 2018–2022, we test our ideas using generalised estimating equations. The results show that CEO narcissism is positively related to SDGs reporting; however, this effect is weaker in firms led by older narcissistic CEOs. Further, CEO power is negatively associated with SDGs reporting, suggesting that firms led by powerful CEOs are reluctant to integrate the SDGs. Finally, corporate SDGs reporting lacks any value-enhancing effect on firm performance, supporting the symbolic perspective of sustainability management. Our results contribute to the literature on SDGs accounting and enrich our understanding of the underlying dynamics shaping corporate disclosure practices.
Assessment and reporting has been recognised as one of the key drivers for sustainability in organisations; however, most organisations' reports fall short of sustainability guidelines and the available sustainability assessment and reporting (SAR) frameworks have been limited by several issues. The aim of this paper is to develop and test a rapid sustainability in organisations framework that includes all the sustainability dimensions and their interactions using a manageable number of indicators. A survey was developed to investigate the impacts and contribution of organisations to sustainability, where 224 full responses were obtained. The responses were analysed using descriptive analysis, Friedman tests, analyses of variance, ratio analyses, and correlations. The results show that organisations still address sustainability through compartmentalisation and skewed to the social dimension of sustainability. The results also show that the understanding of SAR in practice in organisations is more advanced regarding sustainability interrelations than the available frameworks and theoretical discourses. The ratio analyses provide a more complete understanding than a ranking analysis. Easier and faster SAR can help better address the dimensions of sustainability and their interrelations, as well as the positive and negative contributions, in order to avoid reinforcing limited and incomplete sustainability efforts. The proposed framework (Tool for Rapid Assessment of Sustainability in Organisations [TRASO]) can serve as a first step for organisations to detect strong and weak points in their sustainability efforts by providing a rapid, balanced and holistic assessment of sustainability issues, which can, in turn, help in the decision-making process in becoming more sustainable.
The study examines the impact of environmental, social, and governance (ESG) performance on the value and risk-taking behavior of listed commercial banks in emerging market economies (EMEs). The study analyzes a comprehensive sample of 178 commercial banks listed in the top 20 emerging markets from 2015 to 2021. The study employs the System generalized method of moments (GMM) with Arellano-Bond estimation to address the endogeneity issue. The results indicate that banks with higher ESG disclosure scores are linked to reduced risks for commercial banks such as insolvency, leverage, and liquidity risks, in line with shareholder theory. Furthermore, the results demonstrate that sample banks with higher ESG disclosure scores show better accounting (ROE and ROA) and market (Tobin's Q) performance, supporting both agency theory and resource-based theory. The robustness tests validate the consistency of the results.