Business Ethics the Environment & Responsibility最新文献

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Organizational ethical pressure as a threat to employee health: The buffering roles of ethical leadership and employee ethical efficacy 组织伦理压力对员工健康的威胁:伦理领导与员工伦理效能的缓冲作用
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-09-16 DOI: 10.1111/beer.12743
Zhen Wang, Sean T. Hannah
{"title":"Organizational ethical pressure as a threat to employee health: The buffering roles of ethical leadership and employee ethical efficacy","authors":"Zhen Wang,&nbsp;Sean T. Hannah","doi":"10.1111/beer.12743","DOIUrl":"https://doi.org/10.1111/beer.12743","url":null,"abstract":"<p>Competitive pressures, resource constraints, high shareholder/stakeholder expectations, and other dynamics may lead to organizations putting pressure on employees to act unethically to meet goals. Yet, the effects of this pressure on employee health and factors that can abate it are unclear. Based on the job demands-resources model, this study examines <i>whether</i>, <i>how</i>, and <i>when</i> organizational ethical pressure harms employees' psychological and physical health and <i>what</i> factors can buffer its negative effects. According to the findings of a two-wave lagged data study involving 212 healthcare employees, results show that organizational ethical pressure causes ethical strain in employees, resulting in both psychological and physical health problems, with these effects less pronounced when employees have higher levels of ethical efficacy. An integrated effect was also discovered, in which employees' ethical efficacy increases when led by a more ethical leader, thereby buffering the effect of ethical pressure on ethical strain and health problems. Overall, our research identifies organizational ethical pressure as a significant threat to employee health and provides preliminary approaches to mitigate its effects.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1897-1912"},"PeriodicalIF":4.2,"publicationDate":"2024-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Business ethics, law and zemiology: The criminology of social and environmental harm 商业伦理,法律和犯罪学:社会和环境危害的犯罪学
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-09-13 DOI: 10.1111/beer.12742
Robin Klimecki, Martin Parker
{"title":"Business ethics, law and zemiology: The criminology of social and environmental harm","authors":"Robin Klimecki,&nbsp;Martin Parker","doi":"10.1111/beer.12742","DOIUrl":"https://doi.org/10.1111/beer.12742","url":null,"abstract":"<p>This speculative paper introduces zemiology, an extension of radical criminology which explores why many ‘crimes’ are not ‘illegal’ by focussing on the problem of ‘social harm’. Zemiology insists that we should begin with social or environmental problems, and not allow their foreclosure by the distraction of whether a particular practice is legal or illegal, or defined as ethical or unethical. We argue that business ethics might learn from zemiology's attempt to radicalise criminology, particularly in terms of thinking about forms of procedural or restorative justice that might encourage corporations to claim responsibility for systemic harms rather than externalising them.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1886-1896"},"PeriodicalIF":4.2,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/beer.12742","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843611","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
ESG pay and corporate social irresponsibility: Does culture matter? ESG薪酬与企业社会不负责任:文化重要吗?
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-09-11 DOI: 10.1111/beer.12739
Maria Roszkowska-Menkes
{"title":"ESG pay and corporate social irresponsibility: Does culture matter?","authors":"Maria Roszkowska-Menkes","doi":"10.1111/beer.12739","DOIUrl":"https://doi.org/10.1111/beer.12739","url":null,"abstract":"<p>Despite the detrimental consequences of corporate social irresponsibility (CSiR), the role of monitoring and incentive-based corporate governance (CG) mechanisms in mitigating stakeholder mismanagement has been largely neglected in the literature. At the same time, there has been growing interest in holding executives accountable for environmental, social, and governance (ESG) performance by linking their compensation to related targets. However, prior research provides scant and inconclusive evidence on the effectiveness of ESG pay in curbing CSiR. This study addresses these shortcomings and contributes to the emerging CSiR/CG literature by harnessing an institution-based view on executive compensation. Specifically, it recognizes national culture as the “missing determinant” in comparative CG studies and investigates the culturally-driven boundary conditions for the relationship between ESG pay and CSiR. The hypotheses were tested on a data set of 4066 firms from 56 countries during 2010–2020. The analysis supports a negative, though modest, effect of ESG pay on CSiR. Furthermore, the study shows that this relationship varies in statistical and economic significance across cultural contexts. Particularly, incentives prove effective for firms headquartered in nations characterized by low power distance, individualism, low uncertainty avoidance, and masculinity. Conversely, in other settings, compensation linked to ESG may either lack motivational impact or even yield counterproductive outcomes. These findings have implications for both the CSiR and CG literature, as well as for practice.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1860-1885"},"PeriodicalIF":4.2,"publicationDate":"2024-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Connecting the dots in green food purchasing behavior literature: A system thinking approach for systematic literature reviews 连接绿色食品购买行为文献中的点:系统文献综述的系统思维方法
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-09-09 DOI: 10.1111/beer.12738
Alberto Michele Felicetti, Roberto Linzalone, Serena Filippelli, Barbara Bigliardi
{"title":"Connecting the dots in green food purchasing behavior literature: A system thinking approach for systematic literature reviews","authors":"Alberto Michele Felicetti,&nbsp;Roberto Linzalone,&nbsp;Serena Filippelli,&nbsp;Barbara Bigliardi","doi":"10.1111/beer.12738","DOIUrl":"https://doi.org/10.1111/beer.12738","url":null,"abstract":"<p>Recent years have been characterized by an ever-growing interest in consumers' behavior while purchasing green food products. Although existing research has produced a great number of papers on this topic, the knowledge generated in the field appears fragmented and, in certain cases, ambiguous. The main reasons can be traced back to the lack of reference frameworks that clarify the most used concepts, thus providing a shared language in this research domain. Despite other literature reviews that have been carried out on the domain of green food purchasing behavior, these works mainly rely on narrative summaries and qualitative analyses, which can overlook the complexity and interdependencies inherent in this research domain. The complexity of interconnected factors within this research domain poses challenges in effectively understanding and representing the underlying dynamics. To overcome these limitations, this paper proposes the use of a System Thinking based approach as a valuable method to provide a complete view of dynamics occurring in the green consumption behavior domain. In particular, we propose the integration of causal loop diagrams as a powerful visual tool to augment the conventional Systematic Literature Review process to provide a view at a glance of dynamics and capture the complex interdependencies occurring in a specific research domain. We carried out a systematic literature review by analyzing a set of 67 papers. We find nine relevant themes in the investigated research domain. Besides a descriptive picture of the scientific activity, a map of the main dynamics occurring in green food purchasing behavior has been provided.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1831-1859"},"PeriodicalIF":4.2,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/beer.12738","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843651","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Can Chinese-style trade unions promote corporate philanthropy? A stakeholder theory perspective 中国式工会能促进企业慈善事业吗?利益相关者理论视角
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-09-08 DOI: 10.1111/beer.12740
Yadong Cui, Su Xu, Yaohui Jiang, Zhaowen Zhang, Haoyu Hu
{"title":"Can Chinese-style trade unions promote corporate philanthropy? A stakeholder theory perspective","authors":"Yadong Cui,&nbsp;Su Xu,&nbsp;Yaohui Jiang,&nbsp;Zhaowen Zhang,&nbsp;Haoyu Hu","doi":"10.1111/beer.12740","DOIUrl":"https://doi.org/10.1111/beer.12740","url":null,"abstract":"<p>Corporate philanthropy is an important form of fulfilling social responsibility and improving social income distribution systems. Unlike Western trade unions, Chinese trade unions have government-like functions. This study discusses whether Chinese-style trade unions help promote corporate philanthropy. Based on stakeholder theory, this study examines the philanthropic effects of Chinese-style trade unions using data from the Chinese Private Enterprises Survey and employs methods such as the Treatment Effect Model, Instrumental Variables Method, and Propensity Score Matching. The results show that unions with government-like functions can significantly incentivize firms to engage in philanthropic activities and that this effect encourages start-ups and well-funded firms, which enriches and expands the research on the functions of unions. Trade unions can help enterprises gain political connections and promote a sense of corporate social responsibility, thus enhance corporate philanthropy. In addition, female leaders are more likely than male leaders to promote the positive impact of unions on corporate philanthropy. This study not only expands the literature on union functions and the antecedents of corporate philanthropy, but also enriches the discussion on the synergies among multiple stakeholders in stakeholder theory and the role of gender in the field of management.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1813-1830"},"PeriodicalIF":4.2,"publicationDate":"2024-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843606","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Cost of debt financing, stock returns, and corporate strategic ESG disclosure: Evidence from China 债务融资成本、股票回报与企业战略ESG披露:来自中国的证据
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-09-08 DOI: 10.1111/beer.12741
Wenjiao Wang, Ziyuan Sun, Yuting Dong, Longyu Zhang
{"title":"Cost of debt financing, stock returns, and corporate strategic ESG disclosure: Evidence from China","authors":"Wenjiao Wang,&nbsp;Ziyuan Sun,&nbsp;Yuting Dong,&nbsp;Longyu Zhang","doi":"10.1111/beer.12741","DOIUrl":"https://doi.org/10.1111/beer.12741","url":null,"abstract":"<p>Whether corporate strategic Environmental, Social, and Governance (ESG) disclosure can be effectively screened by external markets still needs more empirical support. Despite numerous studies confirming the positive impact of ESG, the issue of strategic ESG disclosure has yet to receive sufficient attention. This study examines the impact of ESG greenwashing on the cost of debt financing and stock returns using panel data of Chinese A-share listed corporates from 2012 to 2021. The study finds that external markets fail to recognize ESG greenwashing in the short term, leading to a temporary reduction in the cost of debt financing and an increase in stock returns, but these effects are not lasting. Mechanism analysis shows that ESG greenwashing enhances corporate reputation and reduces the cost of debt financing through the reputation effect, stimulates investor sentiment, and improves stock returns through the sentiment effect. The study identifies management myopia, excessive power, financial distress, and information asymmetry as the main drivers. However, strong oversight by independent directors, involvement of Big Four audit firms, investor site visits, and high industry competition can mitigate these misleading effects. This research expands the understanding of the causes and economic consequences of corporate ESG greenwashing and provides empirical evidence for managing this phenomenon.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1787-1812"},"PeriodicalIF":4.2,"publicationDate":"2024-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Impact of female directors' foreign experience on green innovation: Evidence from China 女性董事国外经验对绿色创新的影响:来自中国的证据
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-09-01 DOI: 10.1111/beer.12730
Muhammad Jameel Hussain, Tian Gaoliang, Khalil Hussain, Adeeb Alhebri, Fadoua Kouki
{"title":"Impact of female directors' foreign experience on green innovation: Evidence from China","authors":"Muhammad Jameel Hussain,&nbsp;Tian Gaoliang,&nbsp;Khalil Hussain,&nbsp;Adeeb Alhebri,&nbsp;Fadoua Kouki","doi":"10.1111/beer.12730","DOIUrl":"https://doi.org/10.1111/beer.12730","url":null,"abstract":"<p>This study explores the realm of sustainability by examining the influence of female directors' foreign experience on green innovation across various industry sectors and corporate board structures. Specifically, the research focuses on the impact of female directors' foreign experience on green innovation in Chinese listed firms from 2004 to 2021. Our findings show that female directors with foreign experience have a positive and significant effect on green innovation. Further analysis indicates that this relationship is positively and significantly moderated by state-owned enterprises, larger firms, firms operating in polluting industries, environments with low market competition, and the presence of foreign directors on the board. The robustness of our results is confirmed through the use of different econometric techniques, alternative measures of dependent and independent variables, and addressing endogeneity concerns. Overall, our study suggests that female directors with foreign experience enhance the transfer of environmental and sustainable knowledge and practices, thereby fostering green innovation within Chinese listed firms.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1768-1786"},"PeriodicalIF":4.2,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The curvilinear effect of environmental, social, and governance performance on stock price crash risk in China 环境、社会和治理绩效对中国股市崩盘风险的曲线效应
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-08-27 DOI: 10.1111/beer.12737
Xiaohua Zhou, Yi Yang, Haitao Zhang
{"title":"The curvilinear effect of environmental, social, and governance performance on stock price crash risk in China","authors":"Xiaohua Zhou,&nbsp;Yi Yang,&nbsp;Haitao Zhang","doi":"10.1111/beer.12737","DOIUrl":"https://doi.org/10.1111/beer.12737","url":null,"abstract":"<p>With the concept of environmental, social, and governance (ESG) gaining traction worldwide, firms are becoming increasingly transparent about their ESG practices to enhance their legitimacy. This study draws on signaling theory, stakeholder theory, and opportunism theory, and uses panel data from Chinese A-share listed firms from 2009 to 2022. It identifies a <i>U</i>-shaped relationship between ESG performance and stock price crash risk, indicating that the increase in ESG performance decreases stock price crash risk, but after reaching a threshold value, it increases the risk. Green innovation moderates this <i>U</i>-shaped relationship, reinforcing its effects. Meanwhile, earnings management plays a mediating role in this <i>U</i>-shaped relationship. Heterogeneity analyses reveal that the <i>U</i>-shaped relationship is significant in polluting industries, firms without the duality of chairperson and CEO, firms with high analyst coverage, and those under high market competition. The moderating effect of green innovation is particularly significant in firms with poor external legal environments and firms with positive management tone. Our findings provide novel insights and recommendations for policymakers, managers, and stakeholders to develop effective ESG policies.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1742-1767"},"PeriodicalIF":4.2,"publicationDate":"2024-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843570","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Are listed SMEs ready for the corporate sustainability reporting directive? Evidence from Italy 上市中小企业是否已准备好接受企业可持续发展报告指引?来自意大利的证据
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-08-23 DOI: 10.1111/beer.12736
Simone Pizzi, Lorenzo Coronella
{"title":"Are listed SMEs ready for the corporate sustainability reporting directive? Evidence from Italy","authors":"Simone Pizzi,&nbsp;Lorenzo Coronella","doi":"10.1111/beer.12736","DOIUrl":"https://doi.org/10.1111/beer.12736","url":null,"abstract":"<p>This paper explores the sustainability reporting practices of listed small- and medium-sized enterprises (SMEs) in the context of the Corporate Sustainability Reporting Directive (CSRD). Utilizing institutional theory as a framework, this study employs dynamic panel data and logistic regressions to investigate how these SMEs respond to isomorphic pressures. The findings reveal a significant presence of mimetic isomorphism, where these companies tend to imitate the sustainability reporting behaviours of all listed companies, not just those of their direct SME competitors. Interestingly, the study also finds that geographical factors do not significantly influence the sustainability reporting practices of these SMEs. This research makes a notable contribution to the ongoing discussion about mandatory sustainability reporting in Europe, being one of the first in-depth analyses of how European-listed SMEs are adapting to new sustainability reporting regulations.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1730-1741"},"PeriodicalIF":4.2,"publicationDate":"2024-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843568","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Unraveling the smokescreen of ESG disclosure debate: Shedding light on excessive ESG disclosure and economic risk 揭露ESG披露争论的烟幕:揭露过度ESG披露与经济风险
IF 4.2 2区 哲学
Business Ethics the Environment & Responsibility Pub Date : 2024-08-23 DOI: 10.1111/beer.12726
Imen Khanchel, Naima Lassoued
{"title":"Unraveling the smokescreen of ESG disclosure debate: Shedding light on excessive ESG disclosure and economic risk","authors":"Imen Khanchel,&nbsp;Naima Lassoued","doi":"10.1111/beer.12726","DOIUrl":"https://doi.org/10.1111/beer.12726","url":null,"abstract":"<p>This paper investigates the correlation between excessive ESG disclosure and economic risk, measured through the cost of capital. We analyze a sample comprising 430 S&amp;P 500 US firms over 12 years, from 2011 to 2022. Our findings show that excessive ESG disclosure is associated with a reduction in the cost of capital. Specifically, the environmental and social dimensions of ESG disclosure exhibit explanatory power in decreasing the cost of capital, with the environmental dimension demonstrating particularly strong influence. Conversely, excessive governance disclosure shows no significant impact. Additionally, our study shows that CSR assurance serves as a negative moderator in the relationship between excessive ESG disclosure (including overall excessive ESG score, and environmental and social dimensions) and economic risk.</p>","PeriodicalId":29886,"journal":{"name":"Business Ethics the Environment & Responsibility","volume":"34 4","pages":"1713-1729"},"PeriodicalIF":4.2,"publicationDate":"2024-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/beer.12726","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144843569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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