Government Support, Collaboration, and the Circular Economy: Impacts on ESG Performance and Firm Reputation

IF 2.4 3区经济学 Q2 AGRICULTURAL ECONOMICS & POLICY

Agribusiness Pub Date : 2026-04-10 Epub Date: 2025-12-14 DOI:10.1002/agr.70061

Marcelo Werneck Barbosa, Paulo Renato de Sousa, Marcelo Bronzo

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引用次数: 0

Abstract

Despite the growing emphasis on the importance of circular economy strategies in increasing a firm's performance, the relationship between Environment, Social and Governance (ESG) and circular economy needs to be further justified. This study assessed the effects of government support and circular economy-oriented collaboration on the implementation of circular economy strategies. In addition, we investigated the effects of circular economy strategies adoption on firms' ESG performance and reputation. This study surveyed 235 Brazilian agri-food firms. Data were analyzed using the Partial Least Squares–Structural Equation Modeling method. This study found a positive and significant effect of circular economy-oriented collaboration on circular economy strategies and a positive but lower effect of government support on circular economy strategies. The study's findings also demonstrate that the adoption of circular economy strategies has a profound effect on ESG performance and firm reputation. We also identified a partial mediation of circular economy-oriented collaboration on the relationship between government support and circular economy. This study's findings contribute to advancing the theoretical discourse on CE and collaborative governance by validating their interconnected roles in enhancing sustainability outcomes. Moreover, our research contributes to the theoretical discourse on CE by showing how internal capabilities and relational assets jointly influence agri-food firms' sustainability transitions.

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政府支持、合作与循环经济：对ESG绩效和企业声誉的影响

尽管人们越来越强调循环经济战略在提高企业绩效方面的重要性，但环境、社会和治理（ESG）与循环经济之间的关系需要进一步证明。本研究评估了政府支持和循环经济导向的合作对循环经济战略实施的影响。此外，我们还研究了采用循环经济战略对企业ESG绩效和声誉的影响。这项研究调查了235家巴西农业食品公司。采用偏最小二乘-结构方程建模方法对数据进行分析。研究发现，以循环经济为导向的合作对循环经济战略具有显著的正向影响，政府支持对循环经济战略具有较低的正向影响。研究结果还表明，采用循环经济战略对ESG绩效和企业声誉有深远的影响。我们还发现了以循环经济为导向的合作对政府支持与循环经济之间关系的部分中介作用。本研究的发现通过验证其在提高可持续性结果中的相互关联作用，有助于推进关于环境行政和协作治理的理论论述。此外，我们的研究通过展示内部能力和关系资产如何共同影响农业食品企业的可持续性转型，为可持续发展的理论论述做出了贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Agribusiness 农林科学-食品科技

CiteScore

5.50

自引率

6.20%

发文量

审稿时长

6 months

期刊介绍： Agribusiness: An International Journal publishes research that improves our understanding of how food systems work, how they are evolving, and how public and/or private actions affect the performance of the global agro-industrial complex. The journal focuses on the application of economic analysis to the organization and performance of firms and markets in industrial food systems. Subject matter areas include supply and demand analysis, industrial organization analysis, price and trade analysis, marketing, finance, and public policy analysis. International, cross-country comparative, and within-country studies are welcome. To facilitate research the journal’s Forum section, on an intermittent basis, offers commentary and reports on business policy issues.