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}
Jie Cheng, Yi‐Cheng Zhang, Hesam Kamyab, Harcharanjit Singh Mahinder Singh
This paper examines the key drivers of green innovation and its subsequent influence on environmental sustainability performance, considering the moderating effects of the green information system and technological intensity. To validate the proposed research model, ISO 14001 manufacturing enterprises were invited to participate in a questionnaire. Following the receipt of 314 responses, the first‐hand data underwent analysis through structural equation modeling employing the SmartPLS software. The findings revealed that green supplier integration and green digital learning orientation are critical variables driving green innovation, while green information system functions as a moderator of the link between green digital learning orientation and green innovation. Furthermore, green innovation exhibits a positive relationship with environmental sustainability performance, and technological intensity serves as a significant moderator that amplifies this relationship. Manufacturing companies can benefit from this study by learning the key elements influencing green innovation and, subsequently, environmental sustainability performance. Green digital learning is positively related to innovation, and the correlation is stronger when a green information system is present. Green innovation also deserves considerable attention, as it largely affects environmental sustainability performance, especially when technological intensity is higher, highlighting its importance in driving sustainable outcomes.
{"title":"Unveiling Environmental Sustainability Drivers: Green Innovation Insights From ISO 14001‐Certified Manufacturers With Robust Green Information Systems and Technological Intensity","authors":"Jie Cheng, Yi‐Cheng Zhang, Hesam Kamyab, Harcharanjit Singh Mahinder Singh","doi":"10.1002/bse.70543","DOIUrl":"https://doi.org/10.1002/bse.70543","url":null,"abstract":"This paper examines the key drivers of green innovation and its subsequent influence on environmental sustainability performance, considering the moderating effects of the green information system and technological intensity. To validate the proposed research model, ISO 14001 manufacturing enterprises were invited to participate in a questionnaire. Following the receipt of 314 responses, the first‐hand data underwent analysis through structural equation modeling employing the SmartPLS software. The findings revealed that green supplier integration and green digital learning orientation are critical variables driving green innovation, while green information system functions as a moderator of the link between green digital learning orientation and green innovation. Furthermore, green innovation exhibits a positive relationship with environmental sustainability performance, and technological intensity serves as a significant moderator that amplifies this relationship. Manufacturing companies can benefit from this study by learning the key elements influencing green innovation and, subsequently, environmental sustainability performance. Green digital learning is positively related to innovation, and the correlation is stronger when a green information system is present. Green innovation also deserves considerable attention, as it largely affects environmental sustainability performance, especially when technological intensity is higher, highlighting its importance in driving sustainable outcomes.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"29 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146089261","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}
Yi Li, Xuefei Li, Gang Li, Solon Magrizos, Michael Christofi
Drawing on leadership theory and upper echelons theory, this study investigates the relationships between transformational (TFL) and transactional leadership (TSL), sustainable supply chain management practices (SSCMP), organizational responsiveness, and top management team's (TMT) sustainability commitment. With emphasis on how TMT sustainability commitment moderates these relationships, we analyze data from 235 manufacturing firms. Our findings are as follows: (1) Both TFL and TSL exert a positive influence on SSCMP, with TFL having a greater effect; (2) SSCMP positively influences organizational responsiveness; and (3) TMT sustainability commitment positively moderates the relationships between SSCMP and organizational responsiveness, as well as between TFL and SSCMP, while negatively moderating the connection between TSL and SSCMP.
{"title":"Transformational and Transactional Leadership, Sustainable Supply Chain Management Practice, and Organizational Responsiveness: the Moderating role of TMT Sustainability Commitment","authors":"Yi Li, Xuefei Li, Gang Li, Solon Magrizos, Michael Christofi","doi":"10.1002/bse.70603","DOIUrl":"https://doi.org/10.1002/bse.70603","url":null,"abstract":"Drawing on leadership theory and upper echelons theory, this study investigates the relationships between transformational (TFL) and transactional leadership (TSL), sustainable supply chain management practices (SSCMP), organizational responsiveness, and top management team's (TMT) sustainability commitment. With emphasis on how TMT sustainability commitment moderates these relationships, we analyze data from 235 manufacturing firms. Our findings are as follows: (1) Both TFL and TSL exert a positive influence on SSCMP, with TFL having a greater effect; (2) SSCMP positively influences organizational responsiveness; and (3) TMT sustainability commitment positively moderates the relationships between SSCMP and organizational responsiveness, as well as between TFL and SSCMP, while negatively moderating the connection between TSL and SSCMP.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"5 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146089260","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}
What shapes employees' intention to become intrapreneurs? Drawing on the entrepreneurial ecosystem approach and social cognitive theory (SCT), this research examines the relationships among national ecosystems, entrepreneurial cognition and intrapreneurship. Using multilevel structural equation modelling (MSEM), the model is tested on a unique sample of 84,653 employees across 48 countries. The results reveal that entrepreneurial ecosystems influence intrapreneurship both directly and indirectly by shaping employees' entrepreneurial cognition. This research contributes to the literature by demonstrating that the impact of ecosystems extends beyond initial venture creation to intrapreneurial opportunity exploitation. Moreover, it highlights the important role of employees' cognition in shaping their intrapreneurial engagement. The findings have significant theoretical and practical implications for academics and practitioners.
{"title":"Linking Entrepreneurial Ecosystems to Intrapreneurial Activities: Does Entrepreneurial Cognition Matter?","authors":"Tianchen Li","doi":"10.1002/bse.70557","DOIUrl":"https://doi.org/10.1002/bse.70557","url":null,"abstract":"What shapes employees' intention to become intrapreneurs? Drawing on the entrepreneurial ecosystem approach and social cognitive theory (SCT), this research examines the relationships among national ecosystems, entrepreneurial cognition and intrapreneurship. Using multilevel structural equation modelling (MSEM), the model is tested on a unique sample of 84,653 employees across 48 countries. The results reveal that entrepreneurial ecosystems influence intrapreneurship both directly and indirectly by shaping employees' entrepreneurial cognition. This research contributes to the literature by demonstrating that the impact of ecosystems extends beyond initial venture creation to intrapreneurial opportunity exploitation. Moreover, it highlights the important role of employees' cognition in shaping their intrapreneurial engagement. The findings have significant theoretical and practical implications for academics and practitioners.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"21 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146071481","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}
Given the growing pressure on companies to achieve high ESG performance while minimising ESG controversies, this study investigates how ESG performance and ESG controversies jointly affect firm financial performance (measured as ROA and ROE), considering the effect of the presence of women directors and of operating in controversial versus non‐controversial industries. Using random‐effects panel regression and heterogeneity analyses of 2696 US companies over the period 2013–2023, we find that the joint effect of high ESG performance and few ESG controversies (i.e., being an ESG leader) does not significantly affect firm financial performance. For ESG leaders, the presence of women directors may be associated with a negative effect on firm financial performance, except in the case of ROE in non‐controversial industries. This study advances previous literature by redefining the concept of ‘ESG leader’, examining the role of women directors and type of industry and considering alternative measures of firm financial performance.
{"title":"Do ESG Leaders Achieve Higher Firm Financial Performance? The Influence of Women Directors and Controversial Industries","authors":"Alice Alosi, Emilia Filippi","doi":"10.1002/bse.70552","DOIUrl":"https://doi.org/10.1002/bse.70552","url":null,"abstract":"Given the growing pressure on companies to achieve high ESG performance while minimising ESG controversies, this study investigates how ESG performance and ESG controversies jointly affect firm financial performance (measured as ROA and ROE), considering the effect of the presence of women directors and of operating in controversial versus non‐controversial industries. Using random‐effects panel regression and heterogeneity analyses of 2696 US companies over the period 2013–2023, we find that the joint effect of high ESG performance and few ESG controversies (i.e., being an ESG leader) does not significantly affect firm financial performance. For ESG leaders, the presence of women directors may be associated with a negative effect on firm financial performance, except in the case of ROE in non‐controversial industries. This study advances previous literature by redefining the concept of ‘ESG leader’, examining the role of women directors and type of industry and considering alternative measures of firm financial performance.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"117 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146070184","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}
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