Business Strategy and Development最新文献

Unveiling the blackbox within ESG ratings' blackbox: Toward a framework for analyzing AI adoption and its impacts 揭开 ESG 评级黑箱中的黑箱：建立分析人工智能应用及其影响的框架

IF 4.8

Business Strategy and Development Pub Date : 2024-11-19 DOI: 10.1002/bsd2.70038

Felipe Suárez Giri, Teresa Sánchez Chaparro

{"title":"Unveiling the blackbox within ESG ratings' blackbox: Toward a framework for analyzing AI adoption and its impacts","authors":"Felipe Suárez Giri, Teresa Sánchez Chaparro","doi":"10.1002/bsd2.70038","DOIUrl":"https://doi.org/10.1002/bsd2.70038","url":null,"abstract":"Artificial intelligence (AI) is transforming entire industries at an unprecedented pace. Yet, established technology adoption theories offer limited tools for characterizing business AI integration and analyzing its effects. These primarily focus on the factors facilitating or hindering adoption, rather than on adoption patterns and impacts. This paper introduces a novel conceptual framework to address this key gap and applies it to the case of the ESG rating industry. ESG raters play a pivotal role in sustainable finance, providing metrics that guide investment decisions globally. However, little is known about the extent and nature of their AI usage and its implications. Through a mixed-methods approach combining the analysis of job postings, patent filings, research publications, and corporate websites, we examine AI adoption among major ESG raters. Our investigation explores the specific AI technologies employed, their functional applications, the innovations developed, the intensity of AI integration, and the potential impacts of raters' AI adoption. Our results reveal widespread and growing AI adoption across the industry. Our findings show that raters extensively leverage Natural Language Processing to streamline data collection, processing, and analysis. Furthermore, they have pioneered Machine Learning innovations that significantly expand their sustainability assessment capabilities in various domains. These findings mark a considerable departure from prior academic and gray literature that characterized major ESG raters as having minimal AI use, prompting critical questions regarding the implications of this technological transformation for ESG ratings' reliability, transparency, and potential biases.","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 4","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70038","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142674085","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Strategic management of employee churn: Leveraging machine learning for sustainable development and competitive advantage in emerging markets 员工流失的战略管理：利用机器学习促进新兴市场的可持续发展和竞争优势

IF 4.8

Business Strategy and Development Pub Date : 2024-11-05 DOI: 10.1002/bsd2.70039

Poorva Agrawal, Seema Ghangale, Bablu Kumar Dhar, Nilesh Nirmal

引用次数: 0

Corporate sustainability commitment in the Middle East and North Africa region: Impact on innovation and firm performance 中东和北非地区企业的可持续发展承诺：对创新和公司业绩的影响

IF 4.8

Business Strategy and Development Pub Date : 2024-11-04 DOI: 10.1002/bsd2.70025

Hanen Sdiri, Ines Ammar

{"title":"Corporate sustainability commitment in the Middle East and North Africa region: Impact on innovation and firm performance","authors":"Hanen Sdiri, Ines Ammar","doi":"10.1002/bsd2.70025","DOIUrl":"https://doi.org/10.1002/bsd2.70025","url":null,"abstract":"This study examines the effects of corporate sustainability factors (CSFs)—specifically gender diversity, energy practices, and environmental practices—on innovation and their subsequent impact on firm performance in the Middle East and North Africa (MENA) region. By integrating Absorptive Capacity Theory, we explore how these CSFs drive innovation, contributing to broader sustainable development goals. We analyze the impact of innovation on firm performance using the resource-based view (RBV). Utilizing secondary data from the World Bank Enterprise Survey (WBES), we employ a two-stage instrumental variable regression (IV-2SLS) to address endogeneity and establish causal relationships. Our findings reveal that stakeholder engagement through gender diversity, energy practices, and environmental practices significantly enhances innovation, which, in turn, drives firm performance. Diverse leadership fosters creativity and innovation, while energy-efficient and environmentally sustainable practices reduce costs, improve brand reputation, and align with sustainable development goals. These insights underscore essential policy implications for promoting environmental policy, clean production, and sustainable innovation ecosystems. Encouraging MENA firms to engage stakeholders and adopt sustainable practices can drive economic prosperity and contribute to the United Nations Sustainable Development Goals (SDGs).","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 4","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142587954","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Beyond aroma: A sustainability performance analysis of Italian coffee roasting companies 超越香气：意大利咖啡烘焙公司的可持续性绩效分析

IF 4.8

Business Strategy and Development Pub Date : 2024-10-31 DOI: 10.1002/bsd2.70033

Sara Triachini, Francesca Romana Giannini, Valentina Bramanti, Stella Gubelli, Ettore Capri

{"title":"Beyond aroma: A sustainability performance analysis of Italian coffee roasting companies","authors":"Sara Triachini, Francesca Romana Giannini, Valentina Bramanti, Stella Gubelli, Ettore Capri","doi":"10.1002/bsd2.70033","DOIUrl":"https://doi.org/10.1002/bsd2.70033","url":null,"abstract":"Coffee consumption is becoming increasingly prevalent among a growing number of consumers worldwide. Despite ranking seventh in coffee consumption, Italy is the global coffee export leader, with almost 1000 coffee roasting companies across the country. As a product subject to increasing interest in sustainability, numerous studies address the economic, social and environmental challenges affecting coffee production. However, only a few evaluate the sustainability performance of roasting companies in consuming countries. This study examines the integration of corporate social responsibility (CSR) in business strategy to provide an overview of sustainability performance among Italian roasting companies. The analysis encompasses 78 sustainability practices across 49 businesses and assesses their communication to stakeholders. Furthermore, factors such as company size and specialty coffee sale were investigated for their influence on sustainability performance. The findings reveal a low commitment to sustainability within the Italian coffee sector, with 83.7% of companies in the first two stages of the five-stage CSR assessment model. Although there is an interest in addressing product safety, quality, and consumer relations, responsible sourcing is often relegated to suppliers or voluntary sustainability standards. Communication is not effective, as more than half of the companies did not provide sustainability information on their websites. In this sample, the commitment to sustainability was directly related to the size of the business, and the same relationship was observed for roasters selling specialty coffees.","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 4","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70033","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142561685","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","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 risk, CEO education and gender: Evidence from Southeast Asia 环境、社会和公司治理风险、首席执行官教育和性别：来自东南亚的证据

IF 4.8

Business Strategy and Development Pub Date : 2024-10-30 DOI: 10.1002/bsd2.70034

Desi Adhariani, Doddy Setiawan, Iman Harymawan, Winda Wulansari, Ahmad Hambali

引用次数: 0

Beyond financials: Examining the impact of customer focus, internal processes, and learning & growth on the sustainable performance of commercial banks—Moderating role of management commitment 超越财务：考察以客户为中心、内部流程以及学习与成长对商业银行可持续绩效的影响--管理层承诺的调节作用

IF 4.8

Business Strategy and Development Pub Date : 2024-10-29 DOI: 10.1002/bsd2.70030

Nathenael Fentaw Ayele, Manjit Singh

{"title":"Beyond financials: Examining the impact of customer focus, internal processes, and learning & growth on the sustainable performance of commercial banks—Moderating role of management commitment","authors":"Nathenael Fentaw Ayele, Manjit Singh","doi":"10.1002/bsd2.70030","DOIUrl":"https://doi.org/10.1002/bsd2.70030","url":null,"abstract":"This study examines the key factors influencing sustainable performance in commercial banks, focusing on the impact of non-financial metrics—customer focus, internal processes, and learning and growth—within the Balanced Scorecard framework on the performance of commercial banks in Ethiopia. Additionally, it examines the moderating role of management commitment in this relationship, grounded in organizational learning theory, upper echelons theory, and the balanced scorecard model. The study adopts an explanatory research design, utilizing covariance-based structural equation modeling and interaction-term analysis. A multi-stage sampling technique, followed by systematic random sampling, was employed, with Soper's formula used to determine a sample size of 480 from a total population of 4990. Mahalanobis distance was applied to identify and remove biased responses. The findings reveal that non-financial metrics—customer focus, internal processes, and learning and growth—positively affect commercial banks' sustainable performance, and management commitment strengthens this effect. Furthermore, the results empirically validate the proposed hypotheses, emphasizing the value of incorporating non-financial metrics into performance measurement and highlighting the essential role of management commitment in ensuring their success. This research fills a gap in the literature on sustainable performance measurement within the Ethiopian banking sector and provides actionable insights for managers and policymakers.","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 4","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142540998","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Critical factors to adopt sustainable agrifood supply chain management in developing countries: The case of Ethiopian coffee industry 发展中国家采用可持续农业食品供应链管理的关键因素：埃塞俄比亚咖啡业的案例

IF 4.8

Business Strategy and Development Pub Date : 2024-10-27 DOI: 10.1002/bsd2.70032

Adem M. Habib, Jun Ren, Ben Matellini, Ian Jenkinson, Dimitrios Paraskevadakis

{"title":"Critical factors to adopt sustainable agrifood supply chain management in developing countries: The case of Ethiopian coffee industry","authors":"Adem M. Habib, Jun Ren, Ben Matellini, Ian Jenkinson, Dimitrios Paraskevadakis","doi":"10.1002/bsd2.70032","DOIUrl":"https://doi.org/10.1002/bsd2.70032","url":null,"abstract":"Global agrifood supply chains are under increasing pressure to address sustainability issues due to growing concerns. However, numerous organizations within the agrifood industry are struggling to incorporate sustainable supply chain management practices and address the concerns. Therefore, this research is designed to identify the key critical factors, such as drivers, enablers, and barriers to adopting sustainable practices. This study considers the Ethiopian coffee industry, which is an important sector not only for the Ethiopian economy but also for the global agrifood supply chain. To accomplish the objectives of this study, we applied a systematic literature review and empirical survey. A systematic literature review was conducted to identify critical factors for adopting sustainability in agrifood supply chains. An empirical survey was then undertaken in the Ethiopian coffee industry to rank the key critical factors. Hence, the study has revealed that economic and productivity improvement, cost effectiveness and improvement in the overall performance, and difficulty in mindset and cultural changes as the key critical factors that determine the adoption of sustainability initiatives from the perspectives of the Ethiopian coffee supply chain. The findings can be used as input by government regulatory bodies and policymakers to craft strategies and policies to adopt sustainability initiatives and ensure sustainable development. Furthermore, the research is expected to contribute to the existing literature by bringing in the perspective of suppliers in developing countries.","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 4","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70032","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142525321","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The effect of board of directors attributes, environmental committee and institutional ownership on carbon disclosure quality 董事会属性、环境委员会和机构所有权对碳信息披露质量的影响

IF 4.8

Business Strategy and Development Pub Date : 2024-10-23 DOI: 10.1002/bsd2.70023

Abbas Abdelrahman Adam Abdalla, Zalailah Salleh, Hafiza Aishah Hashim, Wan Zuriati Wan Zakaria, Waleed M. Al-ahdal

{"title":"The effect of board of directors attributes, environmental committee and institutional ownership on carbon disclosure quality","authors":"Abbas Abdelrahman Adam Abdalla, Zalailah Salleh, Hafiza Aishah Hashim, Wan Zuriati Wan Zakaria, Waleed M. Al-ahdal","doi":"10.1002/bsd2.70023","DOIUrl":"https://doi.org/10.1002/bsd2.70023","url":null,"abstract":"This study assesses the effect of the board of directors' attributes, environmental committee (EC), and institutional ownership (IO) on carbon disclosure quality (CDQ) from the perspectives of legitimacy and agency theories in Malaysia. This study collects and analyzes data based on 1000 observations of firms from carbon-intensive industries from 2015 to 2019. The effect of the board of directors' attributes, EC, and IO on the CDQ was observed using a panel data regression model. The study revealed a significant positive relationship between board independence, board size, female representation, EC, IO, and CDQ. These findings suggest that carbon disclosure awareness is rising in Malaysia as firms have gradually integrated corporate governance (CG) best practices into their business strategies. To the best of our knowledge, this is the first study to examine the factors that influence CDQ in Malaysian businesses. This study identified firms with a higher CDQ using a new global reporting initiative-based carbon reporting index. This expands the literature on carbon disclosures. This study focuses on carbon-intensive industries, which might not reflect Malaysia's current CDQ situation. Thus, future research should focus on other sectors to fully grasp the current state of the CDQ in Malaysia and offer new perspectives on emerging markets. The findings may benefit a vast group of regulatory bodies in assessing Malaysian firms' responses to local and international carbon guidelines.","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 4","pages":""},"PeriodicalIF":4.8,"publicationDate":"2024-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142525104","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Scientific mapping of green organizational culture: Main schools of thought and topical trends 科学绘制绿色组织文化图：主要思想流派和热点趋势

IF 4.8

Business Strategy and Development Pub Date : 2024-10-22 DOI: 10.1002/bsd2.70031

Truong Thi Hue, Luong Dinh-Hai

引用次数: 0

ESG and firm performance: The effects of foreigners on board and export orientation ESG与公司业绩：董事会中的外国人和出口导向的影响

IF 4.8

Business Strategy and Development Pub Date : 2024-10-21 DOI: 10.1002/bsd2.70029

Chen-Hui Wu, Thi-Kim-Tuyen Nguyen

引用次数: 0