Decoding multi-paths: Context, configuration and capability resonance of ESG performance in SRDI enterprises - configuration analysis based on fsQCA and NCA
{"title":"Decoding multi-paths: Context, configuration and capability resonance of ESG performance in SRDI enterprises - configuration analysis based on fsQCA and NCA","authors":"Yang Zitao , Zhang Zixiao , Hu Huaxia","doi":"10.1016/j.sftr.2025.100817","DOIUrl":null,"url":null,"abstract":"<div><div>Strengthening ESG (Environmental, social, and governance) performance is vital for high-quality green development of Chinese enterprises, especially for a large number of SRDI (Specialization, Refinement, Distinctiveness, and Innovation) enterprises. On this basis, this study develops a “context-configuration-capability” framework, drawing on optimal distinctiveness and existence/non-existence philosophy, combining NCA and fsQCA methods, and uses 87 SRDI listed companies to explore multi-state paths for enhancing corporate ESG performance.. The study finds that: (1) The ESG performance of SRDI enterprises is not driven by a single factor but is the result of the resonance and synergy among context, configuration, and capability conditions; (2) Three paths—strengthening cognition, capital raising, and technological improvement—along with government-driven transformation, can significantly enhance ESG performance in SRDI enterprises; (3) there are complementary and substitutive dynamic relationships between different conditional configurations, further enhancing the diversity and flexibility of the paths; and (4) compared to contextual conditions, configurational conditions and capability conditions produce key resonance effects in improving ESG performance. This study not only enriches the theoretical foundation of the “context-configuration-capability” framework, but also provides practical guidance on multipath resonance for SRDI enterprises in their pursuit of ESG excellence.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":"10 ","pages":"Article 100817"},"PeriodicalIF":4.9000,"publicationDate":"2025-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sustainable Futures","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S266618882500382X","RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
Strengthening ESG (Environmental, social, and governance) performance is vital for high-quality green development of Chinese enterprises, especially for a large number of SRDI (Specialization, Refinement, Distinctiveness, and Innovation) enterprises. On this basis, this study develops a “context-configuration-capability” framework, drawing on optimal distinctiveness and existence/non-existence philosophy, combining NCA and fsQCA methods, and uses 87 SRDI listed companies to explore multi-state paths for enhancing corporate ESG performance.. The study finds that: (1) The ESG performance of SRDI enterprises is not driven by a single factor but is the result of the resonance and synergy among context, configuration, and capability conditions; (2) Three paths—strengthening cognition, capital raising, and technological improvement—along with government-driven transformation, can significantly enhance ESG performance in SRDI enterprises; (3) there are complementary and substitutive dynamic relationships between different conditional configurations, further enhancing the diversity and flexibility of the paths; and (4) compared to contextual conditions, configurational conditions and capability conditions produce key resonance effects in improving ESG performance. This study not only enriches the theoretical foundation of the “context-configuration-capability” framework, but also provides practical guidance on multipath resonance for SRDI enterprises in their pursuit of ESG excellence.
期刊介绍:
Sustainable Futures: is a journal focused on the intersection of sustainability, environment and technology from various disciplines in social sciences, and their larger implications for corporation, government, education institutions, regions and society both at present and in the future. It provides an advanced platform for studies related to sustainability and sustainable development in society, economics, environment, and culture. The scope of the journal is broad and encourages interdisciplinary research, as well as welcoming theoretical and practical research from all methodological approaches.