Amid growing resource pressures, environmental regulation plays a critical role in enabling the transition to a circular economy (CE). This study conducts a systematic literature review to synthesize how different regulatory approaches—command‐and‐control, market‐based, voluntary, and reflexive—affect CE transitions across economic and institutional contexts. The findings highlight the dual role of regulation: as a driver of innovation, efficiency, and public participation, but also as a barrier when it is rigid, fragmented, or weakly enforced. The review further examines the conditional relationship between regulation and economic growth, emphasizing that outcomes depend on sectoral dynamics, technological maturity, and governance effectiveness. By advancing an integrative “regulatory continuum” perspective, the study clarifies underlying mechanisms, identifies cross‐national and sectoral heterogeneity, and outlines implications for policy design and enforcement. Although limited by its reliance on secondary literature, the review underscores the need for empirical and comparative research to refine regulations that align environmental protection with sustainable economic transformation.
{"title":"Environmental Regulation at the Crossroads: A Review of Catalysts and Barriers in Circular Economy Transitions","authors":"Li Yuan","doi":"10.1002/bse.70588","DOIUrl":"https://doi.org/10.1002/bse.70588","url":null,"abstract":"Amid growing resource pressures, environmental regulation plays a critical role in enabling the transition to a circular economy (CE). This study conducts a systematic literature review to synthesize how different regulatory approaches—command‐and‐control, market‐based, voluntary, and reflexive—affect CE transitions across economic and institutional contexts. The findings highlight the dual role of regulation: as a driver of innovation, efficiency, and public participation, but also as a barrier when it is rigid, fragmented, or weakly enforced. The review further examines the conditional relationship between regulation and economic growth, emphasizing that outcomes depend on sectoral dynamics, technological maturity, and governance effectiveness. By advancing an integrative “regulatory continuum” perspective, the study clarifies underlying mechanisms, identifies cross‐national and sectoral heterogeneity, and outlines implications for policy design and enforcement. Although limited by its reliance on secondary literature, the review underscores the need for empirical and comparative research to refine regulations that align environmental protection with sustainable economic transformation.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"48 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146122054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study examines the impact of corporate governance structures and sustainability incentives on environmental, social, and governance (ESG) performance in e‐commerce companies and further analyzes the moderating role of board gender diversity in this relationship. Panel data from 193 US firms listed on NASDAQ and NYSE during the period 2019–2024 are employed, with fixed‐effect estimations supported by two‐step System Generalized Method of Moments (System GMM) to ensure robustness. The findings reveal that board gender diversity and independent directors significantly enhance ESG performance, whereas CEO–chairman duality undermines it, consistent with agency theory. Board size shows no significant effects, while the annual frequency of board meetings has a significant negative impact on ESG performance, underscoring the importance of governance quality over quantity. Moreover, the presence of CSR committees is found to contribute positively to ESG performance, particularly in the environmental, social, and governance dimensions. Conversely, sustainability‐linked compensation incentives are found to significantly contribute to ESG performance; however, these impacts are not evident in the environmental, social, and governance dimensions. Lastly, we found that the joint effect of board gender diversification and sustainability‐linked compensation incentives decreases the ESG performance; however, this effect also vanishes with robustness analysis. Overall, the results highlight critical governance mechanisms that can strengthen ESG outcomes in e‐commerce companies, providing valuable implications for enhancing corporate sustainability in this rapidly evolving sector.
{"title":"The Impact of Corporate Governance and Sustainability Incentives on ESG Performance: An Analysis of E‐Commerce Companies","authors":"Nehir Balcı, Mesut Dogan","doi":"10.1002/bse.70556","DOIUrl":"https://doi.org/10.1002/bse.70556","url":null,"abstract":"This study examines the impact of corporate governance structures and sustainability incentives on environmental, social, and governance (ESG) performance in e‐commerce companies and further analyzes the moderating role of board gender diversity in this relationship. Panel data from 193 US firms listed on NASDAQ and NYSE during the period 2019–2024 are employed, with fixed‐effect estimations supported by two‐step System Generalized Method of Moments (System GMM) to ensure robustness. The findings reveal that board gender diversity and independent directors significantly enhance ESG performance, whereas CEO–chairman duality undermines it, consistent with agency theory. Board size shows no significant effects, while the annual frequency of board meetings has a significant negative impact on ESG performance, underscoring the importance of governance quality over quantity. Moreover, the presence of CSR committees is found to contribute positively to ESG performance, particularly in the environmental, social, and governance dimensions. Conversely, sustainability‐linked compensation incentives are found to significantly contribute to ESG performance; however, these impacts are not evident in the environmental, social, and governance dimensions. Lastly, we found that the joint effect of board gender diversification and sustainability‐linked compensation incentives decreases the ESG performance; however, this effect also vanishes with robustness analysis. Overall, the results highlight critical governance mechanisms that can strengthen ESG outcomes in e‐commerce companies, providing valuable implications for enhancing corporate sustainability in this rapidly evolving sector.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"9 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146122053","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Albert Acheampong, Albert Danso, Emmanuel Adu‐Ameyaw, Rilwan Sakariyahu
The growing urgency of climate change, alongside global sustainable development initiatives, has brought environmental priorities to the forefront of corporate strategy. This study explores how narrative disclosures related to research and development (R&D) predict carbon performance in European industries with high R&D intensity. Guided by the natural resource‐based view (NRBV), the research examines how qualitative R&D narratives act as strategic tools for communicating innovation‐driven environmental strategies. We introduce a novel methodological approach for analyzing unstructured textual data using advanced machine learning (ML) models, including neural networks (NNs), support vector machines (SVMs), and random forests (RFs). Our results show that firms with extensive and positively framed R&D disclosures are more effective in managing carbon emissions and in progressing toward major sustainability targets such as the Paris Agreement and the EU Green Deal. The findings also reveal that regulation and innovation shape distinct patterns in narrative disclosures across sectors, particularly in technology and pharmaceuticals. Moreover, the tone and thematic focus of these narratives offer strategic insights that go beyond traditional financial indicators, effectively linking innovation with sustainability objectives. This research advances the corporate disclosure literature by deepening our understanding of how sustainability and innovation intersect, while also offering practical guidance for firms and policymakers.
{"title":"R&D Disclosure and Carbon Performance: A Machine Learning Analysis of Carbon‐Intensive Firms","authors":"Albert Acheampong, Albert Danso, Emmanuel Adu‐Ameyaw, Rilwan Sakariyahu","doi":"10.1002/bse.70594","DOIUrl":"https://doi.org/10.1002/bse.70594","url":null,"abstract":"The growing urgency of climate change, alongside global sustainable development initiatives, has brought environmental priorities to the forefront of corporate strategy. This study explores how narrative disclosures related to research and development (R&D) predict carbon performance in European industries with high R&D intensity. Guided by the natural resource‐based view (NRBV), the research examines how qualitative R&D narratives act as strategic tools for communicating innovation‐driven environmental strategies. We introduce a novel methodological approach for analyzing unstructured textual data using advanced machine learning (ML) models, including neural networks (NNs), support vector machines (SVMs), and random forests (RFs). Our results show that firms with extensive and positively framed R&D disclosures are more effective in managing carbon emissions and in progressing toward major sustainability targets such as the Paris Agreement and the EU Green Deal. The findings also reveal that regulation and innovation shape distinct patterns in narrative disclosures across sectors, particularly in technology and pharmaceuticals. Moreover, the tone and thematic focus of these narratives offer strategic insights that go beyond traditional financial indicators, effectively linking innovation with sustainability objectives. This research advances the corporate disclosure literature by deepening our understanding of how sustainability and innovation intersect, while also offering practical guidance for firms and policymakers.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"301 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146122057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Daniela Cicchini, Pasquale De Luca, Salvatore Principale, Chiara Signore
Considering the growing attention to sustainability and the increasing regulatory pressure in the European landscape, this study evaluates whether greenhouse gas emissions affect firms' cost of debt. A panel regression was conducted from 2021 to 2024 on two samples of European firms. The first sample includes firms involved in the Non‐Financial Reporting Directive, while the second contains firms excluded from the directive's scope. The results show a positive relationship between emissions and the cost of debt within European firms not subject to regulation, highlighting a robust relationship among smaller companies where emissions are a key concern. For larger firms subject to the directive, the cost of debt is not influenced by emissions. Still, it is closely linked to broader environmental performance, such as energy efficiency and biodiversity. The findings highlight that proactive sustainability strategies, particularly strong environmental performance, can lower firms' cost of debt and enhance their competitive position.
{"title":"Greenhouse Gas Emissions and Cost of Debt: Evidence From European Firms Under Mandatory and Voluntary Disclosure","authors":"Daniela Cicchini, Pasquale De Luca, Salvatore Principale, Chiara Signore","doi":"10.1002/bse.70550","DOIUrl":"https://doi.org/10.1002/bse.70550","url":null,"abstract":"Considering the growing attention to sustainability and the increasing regulatory pressure in the European landscape, this study evaluates whether greenhouse gas emissions affect firms' cost of debt. A panel regression was conducted from 2021 to 2024 on two samples of European firms. The first sample includes firms involved in the Non‐Financial Reporting Directive, while the second contains firms excluded from the directive's scope. The results show a positive relationship between emissions and the cost of debt within European firms not subject to regulation, highlighting a robust relationship among smaller companies where emissions are a key concern. For larger firms subject to the directive, the cost of debt is not influenced by emissions. Still, it is closely linked to broader environmental performance, such as energy efficiency and biodiversity. The findings highlight that proactive sustainability strategies, particularly strong environmental performance, can lower firms' cost of debt and enhance their competitive position.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"290 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146097836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The construction sector faces strong pressure to reduce resource use and emissions, yet the reuse of mineral‐based materials remains marginal in Europe. This article uses France as a policy laboratory, given its extended producer responsibility scheme and mandatory pre‐demolition audit. Two questions guide the study: which operational barriers arise across the project timeline, and how do these barriers vary across actor roles. The analysis draws on 69 semi‐structured interviews with project owners, architects, reuse consultants, deconstruction contractors, resellers, construction firms, control offices, laboratories and insurers. The findings identify four clusters of constraints. At setup, thin documentation, liability gaps and unstable cost appraisal limit early feasibility assessments. At design, product variability, fragmented responsibility for requalification and rigid conformity expectations narrow specification options. During preparation, dismantling constraints, supply instability and scarce depot capacity raise costs and delay validation. At integration, storage limits, logistical frictions and uneven operational capability amplify delivery risk and trigger substitutions. The article proposes a dynamic framework that assigns barrier types to roles and phases, complemented by a matrix that associates each obstacle with leverage points, proof requirements and risk‐reduction instruments. Managerial implications include reuse‐oriented briefs, a dedicated requalification function with standard protocols, framework agreements and local depots. Policy implications include stronger audit requirements, a clear CPR pathway, insurance safe‐harbour provisions and fiscal incentives. The framework yields testable propositions and actionable guidance for firms and public authorities.
{"title":"Barriers to Reuse in the Construction Sector: A Circular Value Chain Perspective","authors":"Jacquet Nicolas, Bourdin Sébastien","doi":"10.1002/bse.70549","DOIUrl":"https://doi.org/10.1002/bse.70549","url":null,"abstract":"The construction sector faces strong pressure to reduce resource use and emissions, yet the reuse of mineral‐based materials remains marginal in Europe. This article uses France as a policy laboratory, given its extended producer responsibility scheme and mandatory pre‐demolition audit. Two questions guide the study: which operational barriers arise across the project timeline, and how do these barriers vary across actor roles. The analysis draws on 69 semi‐structured interviews with project owners, architects, reuse consultants, deconstruction contractors, resellers, construction firms, control offices, laboratories and insurers. The findings identify four clusters of constraints. At setup, thin documentation, liability gaps and unstable cost appraisal limit early feasibility assessments. At design, product variability, fragmented responsibility for requalification and rigid conformity expectations narrow specification options. During preparation, dismantling constraints, supply instability and scarce depot capacity raise costs and delay validation. At integration, storage limits, logistical frictions and uneven operational capability amplify delivery risk and trigger substitutions. The article proposes a dynamic framework that assigns barrier types to roles and phases, complemented by a matrix that associates each obstacle with leverage points, proof requirements and risk‐reduction instruments. Managerial implications include reuse‐oriented briefs, a dedicated requalification function with standard protocols, framework agreements and local depots. Policy implications include stronger audit requirements, a clear CPR pathway, insurance safe‐harbour provisions and fiscal incentives. The framework yields testable propositions and actionable guidance for firms and public authorities.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"62 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146097837","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In response to escalating environmental imperatives, this study examines how green finance and green innovation jointly enhance corporate performance, with corporate sustainability functioning as a strategic mediator. Although existing research often addresses these constructs in isolation, limited attention has been given to their integrated influence in emerging economies and resource‐constrained sectors. Drawing on the Resource‐Based View and Ecological Modernization Theory, the study develops and empirically tests a sustainability‐oriented strategy framework. A two‐phase methodology was employed: First, a comprehensive literature review identified key constructs and linkages; second, survey data from Indian manufacturing and service organizations were analyzed using partial least squares structural equation modeling. Findings confirm that green finance and green innovation significantly strengthen corporate sustainability, which mediates their impact on performance. The study contributes to sustainability strategy literature and provides actionable insights for managers and policymakers seeking transformative pathways toward sustainable competitiveness.
{"title":"How Green Finance and Innovation Shape Environmental Competitiveness: A Business Strategy Perspective on Sustainability and Corporate Performance","authors":"Rakesh Kumar, Himanshu Gupta","doi":"10.1002/bse.70593","DOIUrl":"https://doi.org/10.1002/bse.70593","url":null,"abstract":"In response to escalating environmental imperatives, this study examines how green finance and green innovation jointly enhance corporate performance, with corporate sustainability functioning as a strategic mediator. Although existing research often addresses these constructs in isolation, limited attention has been given to their integrated influence in emerging economies and resource‐constrained sectors. Drawing on the Resource‐Based View and Ecological Modernization Theory, the study develops and empirically tests a sustainability‐oriented strategy framework. A two‐phase methodology was employed: First, a comprehensive literature review identified key constructs and linkages; second, survey data from Indian manufacturing and service organizations were analyzed using partial least squares structural equation modeling. Findings confirm that green finance and green innovation significantly strengthen corporate sustainability, which mediates their impact on performance. The study contributes to sustainability strategy literature and provides actionable insights for managers and policymakers seeking transformative pathways toward sustainable competitiveness.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"17 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146097838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Despite more than 20 years of research into sustainable tourism, the environmental impact of the UK hospitality sector remains high. A growing body of research into the concept of a circular economy ( CE ) demonstrates that transitioning to this way of working has significant benefits both for the environment and business outcomes. However, understanding how a CE , or CE principles, are implemented remains unknown. In this paper, we adopt a sociotechnical systems thinking (STST) approach to propose and test a novel, practical framework for CE implementation, using the hospitality sector as a case study example. Data are gathered via a cross‐sectoral, multistakeholder engagement programme to develop evidence‐based, sectoral‐specific CE implementation plans. We find that the STST offers an effective tool in identifying challenges and barriers to CE transitions and in developing future solutions, providing a mechanism for the implementation of CE principles across a sector. However, we found that the approach lacked clarity and provision of actionable steps, requiring additional insights from road‐mapping literature. Theoretical and practical contributions are discussed.
{"title":"Applying a Systems Thinking Approach to Circular Economy Transitions: Insights From the Use of a Sociotechnical Systems Approach Within the UK Hospitality Sector","authors":"Danielle Farrow, Hannah Collis, Fiona Charnley","doi":"10.1002/bse.70621","DOIUrl":"https://doi.org/10.1002/bse.70621","url":null,"abstract":"Despite more than 20 years of research into sustainable tourism, the environmental impact of the UK hospitality sector remains high. A growing body of research into the concept of a circular economy ( <jats:sc>CE</jats:sc> ) demonstrates that transitioning to this way of working has significant benefits both for the environment and business outcomes. However, understanding how a <jats:sc>CE</jats:sc> , or <jats:sc>CE</jats:sc> principles, are implemented remains unknown. In this paper, we adopt a sociotechnical systems thinking (STST) approach to propose and test a novel, practical framework for <jats:sc>CE</jats:sc> implementation, using the hospitality sector as a case study example. Data are gathered via a cross‐sectoral, multistakeholder engagement programme to develop evidence‐based, sectoral‐specific <jats:sc>CE</jats:sc> implementation plans. We find that the STST offers an effective tool in identifying challenges and barriers to <jats:sc>CE</jats:sc> transitions and in developing future solutions, providing a mechanism for the implementation of <jats:sc>CE</jats:sc> principles across a sector. However, we found that the approach lacked clarity and provision of actionable steps, requiring additional insights from road‐mapping literature. Theoretical and practical contributions are discussed.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"19 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146097899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study investigates the interplay between internationalization and sustainable supply chain management (SSCM) practices among UK small and medium enterprises (SMEs). Drawing on 15 semistructured interviews with SME owner‐managers and supply chain managers across industries in the United Kingdom, we examine the relationships among SMEs' international orientation, SSCM attitude, and practices. Interestingly, we find that stakeholders influence shifts with international orientation: Suppliers emerge as key barriers at the low level of international orientation, whereas customers become influential drivers at the medium level, and government regulations and diverse sustainability awareness present significant challenges at the high level. Notably, international orientation does not consistently influence SSCM attitude or determine the priorities in SSCM environmental and social practices. Some SMEs report that SSCM practices influence their international strategies, particularly in supply chain localization, supplier selection, and marketing approaches. This research contributes to understanding the complex relationship between international orientation and sustainability in SMEs, offering insights for practitioners managing international supply chains and policymakers supporting SME sustainability initiatives.
{"title":"Exploring the Nexus Between Internationalization and Sustainable Supply Chain Management Among UK SMEs","authors":"Hang Do, Shuangqi Yan, Yu Gong","doi":"10.1002/bse.70561","DOIUrl":"https://doi.org/10.1002/bse.70561","url":null,"abstract":"This study investigates the interplay between internationalization and sustainable supply chain management (SSCM) practices among UK small and medium enterprises (SMEs). Drawing on 15 semistructured interviews with SME owner‐managers and supply chain managers across industries in the United Kingdom, we examine the relationships among SMEs' international orientation, SSCM attitude, and practices. Interestingly, we find that stakeholders influence shifts with international orientation: Suppliers emerge as key barriers at the low level of international orientation, whereas customers become influential drivers at the medium level, and government regulations and diverse sustainability awareness present significant challenges at the high level. Notably, international orientation does not consistently influence SSCM attitude or determine the priorities in SSCM environmental and social practices. Some SMEs report that SSCM practices influence their international strategies, particularly in supply chain localization, supplier selection, and marketing approaches. This research contributes to understanding the complex relationship between international orientation and sustainability in SMEs, offering insights for practitioners managing international supply chains and policymakers supporting SME sustainability initiatives.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"261 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146089259","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This research develops and assesses a model based on capabilities that explains how platform‐based open innovation networks enhance sustainability through sequential mediation processes. By relying on concepts of reflexive innovation, ecosystem learning, and knowledge co‐creation, the research shows that participation in platforms enhances the maturity of the circular learning ecosystems; therefore, promoting collaborative reflexive practice. Reflexivity leads to two outcomes: (a) an individual‐level increase in circular literacy, which implies an increase in knowledge, skills, and behavioral orientation to circularity, and (b) system‐level sustainable platform‐based innovation outcomes, comprising the social and environmental impacts of the innovational processes. The outcomes endorse the proposed mediation directions. Interestingly, the digital inclusivity orientation was not associated with the reflexivity‐literacy relationship, signifying that inclusion requires a deeper organizational integration in order to generate high capability impacts. The study enhances the literature on circular economy and innovation by introducing the concepts of reflexivity and circular literacy as the strategic abilities of a company and providing managers and policymakers with insights on how to build inclusive and sustainability‐oriented platform ecosystems.
{"title":"Collaborative Reflexivity and Circular Literacy in Platform‐Driven Innovation Ecosystems: Implications for Business Strategies","authors":"Yuxin Meng, Salwa Saleh Almasabi, Gabriella Imre, Varun Chotia, Divesh Ojha","doi":"10.1002/bse.70583","DOIUrl":"https://doi.org/10.1002/bse.70583","url":null,"abstract":"This research develops and assesses a model based on capabilities that explains how platform‐based open innovation networks enhance sustainability through sequential mediation processes. By relying on concepts of reflexive innovation, ecosystem learning, and knowledge co‐creation, the research shows that participation in platforms enhances the maturity of the circular learning ecosystems; therefore, promoting collaborative reflexive practice. Reflexivity leads to two outcomes: (a) an individual‐level increase in circular literacy, which implies an increase in knowledge, skills, and behavioral orientation to circularity, and (b) system‐level sustainable platform‐based innovation outcomes, comprising the social and environmental impacts of the innovational processes. The outcomes endorse the proposed mediation directions. Interestingly, the digital inclusivity orientation was not associated with the reflexivity‐literacy relationship, signifying that inclusion requires a deeper organizational integration in order to generate high capability impacts. The study enhances the literature on circular economy and innovation by introducing the concepts of reflexivity and circular literacy as the strategic abilities of a company and providing managers and policymakers with insights on how to build inclusive and sustainability‐oriented platform ecosystems.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"4 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146095648","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rashedul Hasan, Mohammad Dulal Miah, M. Kabir Hassan
This study examines the impact of firms' environmental innovation on Sustainable Development Goals (SDGs) reporting within the Gulf Cooperation Council (GCC) countries. Using data from 824 firms over the period 2016–2023, we analyse an unbalanced panel comprising 5739 firm‐year observations. Employing ordinary least squares and fixed effect models, we find that environmental innovation has a significant positive impact on the quantity, quality and scope of SDG reporting. This relationship remains robust across alternative proxies and endogeneity tests. The analysis further reveals that profitability and state ownership act as moderating factors, influencing the relationship between environmental innovation and SDG reporting. Our results remain consistent even after excluding financial firms as well as firms with missing data, confirming the robustness of the findings. We further show that the positive effect of environmental innovation on SDG disclosure is more pronounced in firms with high environmental, social and governance scores, providing support to the signalling and stakeholders theories. These findings underscore the importance of environmental innovation in enhancing SDG reporting practices in GCC countries. Policymakers may consider emphasizing environmental innovation to bolster SDG reporting in the region.
{"title":"Greening the Gulf: Boosting Sustainable Development Goals Reporting Through Environmental Innovations in Gulf Co‐Operation Council Countries","authors":"Rashedul Hasan, Mohammad Dulal Miah, M. Kabir Hassan","doi":"10.1002/bse.70586","DOIUrl":"https://doi.org/10.1002/bse.70586","url":null,"abstract":"This study examines the impact of firms' environmental innovation on Sustainable Development Goals (SDGs) reporting within the Gulf Cooperation Council (GCC) countries. Using data from 824 firms over the period 2016–2023, we analyse an unbalanced panel comprising 5739 firm‐year observations. Employing ordinary least squares and fixed effect models, we find that environmental innovation has a significant positive impact on the quantity, quality and scope of SDG reporting. This relationship remains robust across alternative proxies and endogeneity tests. The analysis further reveals that profitability and state ownership act as moderating factors, influencing the relationship between environmental innovation and SDG reporting. Our results remain consistent even after excluding financial firms as well as firms with missing data, confirming the robustness of the findings. We further show that the positive effect of environmental innovation on SDG disclosure is more pronounced in firms with high environmental, social and governance scores, providing support to the signalling and stakeholders theories. These findings underscore the importance of environmental innovation in enhancing SDG reporting practices in GCC countries. Policymakers may consider emphasizing environmental innovation to bolster SDG reporting in the region.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"84 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146095649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：