Business Strategy and Development最新文献

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RETRACTION: The Interplay of Corporate Governance, Internal Audit Effectiveness, and Sustainable Financial Reporting Quality in Tanzanian Commercial Banks
IF 4.8
Business Strategy and Development Pub Date : 2025-01-20 DOI: 10.1002/bsd2.70062
{"title":"RETRACTION: The Interplay of Corporate Governance, Internal Audit Effectiveness, and Sustainable Financial Reporting Quality in Tanzanian Commercial Banks","authors":"","doi":"10.1002/bsd2.70062","DOIUrl":"https://doi.org/10.1002/bsd2.70062","url":null,"abstract":"<p>\u0000 <b>RETRACTION:</b> <span>Z., Ally</span> <span>2024</span>. <b>“</b> <span>The Interplay of Corporate Governance, Internal Audit Effectiveness, and Sustainable Financial Reporting Quality in Tanzanian Commercial Banks</span>,<b>”</b> <i>Business Strategy and Development</i> <span>7</span>, no. <span>3</span> (2024): e70016, https://doi.org/10.1002/bsd2.70016.\u0000 </p><p>The above article, published online on 26 September 2024, in Wiley Online Library (http://onlinelibrary.wiley.com/), has been retracted by agreement between the journal editor in chief, Prof. Richard Welford, and John Wiley &amp; Sons Ltd. A third party alerted the publisher that several references were inaccurate and did not resolve to a genuine DOI or online record. Additional investigation by the publisher found that more than a third of the references included in the article did not correspond to real publications or sources. The author responded to the inquiry by the publisher and stated that they had used AI software to locate the DOIs for references, which must have been the source of the reference errors. They confirmed that no AI software had been used in content generation, data analysis, or editing of the article's primary content. The author cooperated with the investigation and provided an updated list of references in order to resolve the errors. The journal and publisher reviewed the author's response as well as the updated list of references but determined that the validity of the corrected references could not be confirmed, and as such, a large-scale correction to the references and subsequent citations would be inappropriate. The retraction has been agreed to because the large number of incorrect or nonexistent references constitutes a major error in the article and renders large portions of the text unsubstantiated.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70062","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143117487","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
An Expert Study of Systemic Influences on Progress Towards Living Wages: A Key to Unlock the Sustainable Development Goals
IF 4.8
Business Strategy and Development Pub Date : 2025-01-20 DOI: 10.1002/bsd2.70048
Anna Barford, Annabel Beales, Marina Zorila
{"title":"An Expert Study of Systemic Influences on Progress Towards Living Wages: A Key to Unlock the Sustainable Development Goals","authors":"Anna Barford,&nbsp;Annabel Beales,&nbsp;Marina Zorila","doi":"10.1002/bsd2.70048","DOIUrl":"https://doi.org/10.1002/bsd2.70048","url":null,"abstract":"<p>Ending poverty in all its forms everywhere is Goal 1 of the Sustainable Development Goals the widespread payment of living wages as a minimum could substantially boost progress towards this development goal and others. Living wages, typically set higher than minimum wages, pay enough for workers to meet their needs and those of their families. Without living wages many workers earn poverty wages. Recognising renewed corporate and investor interest in living wages, this paper interrogates the logics and rationalities which shape discussions on living wages, drawing upon 31 semi-structured interviews with living wage professionals. Discourse analysis is used to identify the logics and rationalities which shape organisation-level progress towards living wages. Some logics, surrounding human rights, stakeholder capitalism, sustainable development, redistribution and social justice, encourage the implementation of living wages. Other logics, including shareholder capitalism, profit and mass consumerism, create a chilling effect on the living wages movement. At present, wages are the main mechanism for distributing money, so wage levels impact people's access to services and resources. The living wages agenda is progressing rapidly, comprising a 2024 International Labour Organization meeting of experts, corporate and investor commitments, worker demands, and the growing prevalence of geographically specific living wages calculations. It is therefore crucial that the logics and narratives underpinning decisions on pay are interrogated as these play a pivotal role in progress towards human rights, social justice and the Sustainable Development Goals.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70048","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143117485","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
Uncovering the Catalysts of Sustainable Business Performance: Digital Orientation, Entrepreneurial Competency, and Strategic Change
IF 4.8
Business Strategy and Development Pub Date : 2025-01-20 DOI: 10.1002/bsd2.70070
Ali Mohsin Baawain, Abderrahim Laachach, Ali Said Jaboob, Kannapat Kankaew
{"title":"Uncovering the Catalysts of Sustainable Business Performance: Digital Orientation, Entrepreneurial Competency, and Strategic Change","authors":"Ali Mohsin Baawain,&nbsp;Abderrahim Laachach,&nbsp;Ali Said Jaboob,&nbsp;Kannapat Kankaew","doi":"10.1002/bsd2.70070","DOIUrl":"https://doi.org/10.1002/bsd2.70070","url":null,"abstract":"<div>\u0000 \u0000 <p>This research investigates the complex relationships between digital orientation, entrepreneurial competency, and strategic change, and their impact on sustainable business performance. It also explores how sustainable competitive advantage and flexible resources moderate the link between strategic change and sustainable performance outcomes in dynamic business environments. The authors collected survey data from 349 small and medium-sized enterprises (SMEs) to test the proposed model. They then used partial least squares structural equation modelling (PLS-SEM) with SmartPLS 4 software to analyze the relationships between the variables. The findings reveal that digital orientation strongly drives strategic change, which in turn strongly enhances sustainable business performance. Digital orientation also directly leads to sustainable performance. Strategic change mediates the relationship between digital orientation and sustainable performance, while entrepreneurial competency partially mediates the effects of digital orientation. Competitive advantage and flexible resources moderately strengthen the link between strategic change and sustainable performance. This study provides novel insights into the complex interplay between digital orientation, entrepreneurial competency, and strategic change, and how these factors jointly contribute to sustainable business performance. The findings also uncover the moderating roles of competitive advantage and flexible resources, offering practical guidance for managers seeking to enhance long-term organizational success in dynamic environments.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143117488","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
Unveiling the Dynamics of Sustainable Development: A Holistic Examination of Green Organizational Learning, Innovation, and Performance in Indian SMEs
IF 4.8
Business Strategy and Development Pub Date : 2025-01-15 DOI: 10.1002/bsd2.70060
Irshad Ahmad Malik, Danish Mehraj, Viqar u Nissa, Ambreen Khursheed Wani
{"title":"Unveiling the Dynamics of Sustainable Development: A Holistic Examination of Green Organizational Learning, Innovation, and Performance in Indian SMEs","authors":"Irshad Ahmad Malik,&nbsp;Danish Mehraj,&nbsp;Viqar u Nissa,&nbsp;Ambreen Khursheed Wani","doi":"10.1002/bsd2.70060","DOIUrl":"https://doi.org/10.1002/bsd2.70060","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines the relationships between Green Organizational Learning (GOL), Green Organizational Innovations (GOI), and Organizational Performance (OP) in the manufacturing sector of Jammu and Kashmir. This region is known for its ecological vulnerability and recent shifts towards sustainable practices. The research involved a survey of 470 manufacturing firms using a simple random sampling technique. The study examines how organizations' engagement in environmental sustainability learning and innovation practices influences their performance. The SEM findings revealed a significant positive relationship between GOL and GOI and between GOI and OP. This suggests that adopting green innovations mediates the pathway through which learning about sustainability translates into performance gains. This study highlights the importance of fostering a culture of sustainability-oriented learning to spur innovation and enhance organizational performance. It also suggests that green innovations serve not just as a direct catalyst for improved performance but as a bridge, that amplifies the impact of organizational learning on performance outcomes. The study offers valuable insights for managers and policymakers who aim to integrate environmental sustainability into their strategic objectives, thereby contributing to global sustainability efforts and achieving competitive advantage.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143115431","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
Technology Adoption Intention and Sustainable Entrepreneurship Ability of Rural Women in Bangladesh
IF 4.8
Business Strategy and Development Pub Date : 2025-01-15 DOI: 10.1002/bsd2.70067
Tanwne Sarker, Rana Roy, Sabina Yeasmin, Md. Ghulam Rabbany, Muhammad Asaduzzaman
{"title":"Technology Adoption Intention and Sustainable Entrepreneurship Ability of Rural Women in Bangladesh","authors":"Tanwne Sarker,&nbsp;Rana Roy,&nbsp;Sabina Yeasmin,&nbsp;Md. Ghulam Rabbany,&nbsp;Muhammad Asaduzzaman","doi":"10.1002/bsd2.70067","DOIUrl":"https://doi.org/10.1002/bsd2.70067","url":null,"abstract":"<div>\u0000 \u0000 <p>The expansion of women entrepreneurs in Bangladesh is essential for economic development, primarily driven by the use of Information and Communication Technology (ICT). This expansion is more noticeable in urban areas, generating a research gap to find out the adoption of ICT among rural women entrepreneurs. Our present study seeks to identify the factors influencing ICT adoption intentions among women entrepreneurs in rural Bangladesh. Data from 315 respondents were collected and analyzed utilizing partial least squares-structural equation modeling through Smart PLS 3.3v software. Our results reveal that women's utilization of ICT is positively associated with their access to material, mental, skill, usage, and ICT in microfinance. This adoption significantly upgrades the business skills of rural Bangladeshi women, offering essential insights for future entrepreneurs. Our study provides a comprehensive framework for assessing ICT adoption access points and offers policymakers' practical implications for empowering women by expanding ICT access to achieve Sustainable Development Goal 5.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143114915","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
Exploring the Human Face of Engaged Environmental Strategies: The Role of Chief Executive Officer and Human Capital in Peruvian Firms
IF 4.8
Business Strategy and Development Pub Date : 2025-01-14 DOI: 10.1002/bsd2.70068
Javier Amores-Salvadó, Remy Michael Balarezo-Nuñez, Gregorio Martín-de Castro, Cristian González-Zubieta
{"title":"Exploring the Human Face of Engaged Environmental Strategies: The Role of Chief Executive Officer and Human Capital in Peruvian Firms","authors":"Javier Amores-Salvadó,&nbsp;Remy Michael Balarezo-Nuñez,&nbsp;Gregorio Martín-de Castro,&nbsp;Cristian González-Zubieta","doi":"10.1002/bsd2.70068","DOIUrl":"https://doi.org/10.1002/bsd2.70068","url":null,"abstract":"<div>\u0000 \u0000 <p>In emerging economies characterized by the absence of strong national regulatory institutional forces, the role of private initiative through companies and entrepreneurs is highly relevant and has a prominent role in addressing environmental problems. This work aims to improve the understanding of the role of two key human-based organizational factors, such as CEO environmental commitment and green human capital (GHC), on the effective implementation of corporate environmental strategies seeking to integrate and engage market and non-market stakeholders. Our empirical research was carried out in a sample of 86 Peruvian firms operating in different industries through in-depth interviews and questionnaires. Our results show the importance of CEO environmental commitment on the implementation of engaged environmental strategies, as well as the mediating and essential role of GHC in this relationship. We contribute to the literature debate by providing theory and empirical insights on the drivers of corporate environmentalism in developing countries, highlighting the importance of the human-based internal organizational factors as driving forces of corporate environmentalism.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143114821","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
AI-Enabled Governance in Traditional Chinese Medicine Enterprise Clusters: A Lifecycle and Stakeholder Perspective for Sustainable Development
IF 4.8
Business Strategy and Development Pub Date : 2025-01-10 DOI: 10.1002/bsd2.70069
Ying Liu, Theresa C. F. Ho, Rosmini Omar, Binyao Ning
{"title":"AI-Enabled Governance in Traditional Chinese Medicine Enterprise Clusters: A Lifecycle and Stakeholder Perspective for Sustainable Development","authors":"Ying Liu,&nbsp;Theresa C. F. Ho,&nbsp;Rosmini Omar,&nbsp;Binyao Ning","doi":"10.1002/bsd2.70069","DOIUrl":"https://doi.org/10.1002/bsd2.70069","url":null,"abstract":"<div>\u0000 \u0000 <p>Artificial Intelligence (AI) has emerged as a transformative tool for enhancing governance in enterprise clusters, improving competitiveness, and advancing sustainable development goals (SDGs). Despite its potential, the effective application of AI-enabled governance in Traditional Chinese Medicine (TCM) enterprise clusters remains underexplored, particularly given the unique challenges posed by their traditional practices, regulatory frameworks, and diverse stakeholder dynamics. Addressing this gap, this study investigates how AI-enabled governance can optimize the integration of external enterprises into TCM enterprise clusters across different stages of the lifecycle, thereby contributing to sustainable regional development. This study employs a lifecycle model to analyze the integration of external enterprises into TCM clusters, focusing on factors such as unit product costs, policy incentives, and joint action benefits. By comparing cost dynamics before and after cluster entry, this research maps the lifecycle processes of external enterprises and identifies AI-enabled governance tailored to the adaptation, maturity, and decline stages. The findings reveal that proactive and adaptive AI-enabled governance enhances sustainability by reducing costs, improving efficiency, and fostering collaboration among stakeholders. This study provides a dynamic perspective on cluster integration, extending the theoretical framework of organizational research. It offers policymakers and cluster managers actionable insights for leveraging AI-enabled governance to achieve sustainable regional development, foster innovation (SDG 9), promote economic growth (SDG 8).</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143113704","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
Corporate Environmentalism and Business Sustainability in Ghana: Prospects and Challenges
IF 4.8
Business Strategy and Development Pub Date : 2025-01-10 DOI: 10.1002/bsd2.70057
Albert Ahenkan, Emmanuel Boon, Scholastica Akalibey, Eric Nordjo
{"title":"Corporate Environmentalism and Business Sustainability in Ghana: Prospects and Challenges","authors":"Albert Ahenkan,&nbsp;Emmanuel Boon,&nbsp;Scholastica Akalibey,&nbsp;Eric Nordjo","doi":"10.1002/bsd2.70057","DOIUrl":"https://doi.org/10.1002/bsd2.70057","url":null,"abstract":"<div>\u0000 \u0000 <p>The concept of corporate environmentalism (CE) has gained a lot of global attention in recent years as a potential vehicle to achieve sustainable development. Despite the growing awareness of its importance, there is limited empirical research on the current state of sustainability practices and their implementation among businesses in Ghana. Using a multiple case study design grounded in the qualitative approach, the study dwells on desk reviews of existing literature, corporate sustainability reports, and 10 key informant interviews including policymakers, regulators, academics, and practitioners from diverse industries; this study seeks to examine the (i) drivers and motivators, (ii) prospects, (iii) challenges, and (iv) approaches to scale up CE in Ghana. The results of the study revealed that branding, alignment with the sustainable development agenda, commitment to climate action, stakeholder and regulatory pressure, business resilience, and competitiveness are key drivers motivating companies to adopt environmental sustainability practices. The study identified prospects of CE for companies in Ghana including market demand and consumer awareness. Cost savings and operational efficiency offer significant potential, and access to finance presents opportunities for green initiatives. Reputation and brand enhancement are achievable through sustainability efforts but require consistent communication and stakeholder engagement. However, despite growing momentum, companies face challenges including financial constraints, limited access to environmentally friendly technologies, lack of technical expertise, and weak enforcement of environmental regulations. To overcome these obstacles, the article proposes a number of strategies to advance CE in Ghana.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143113702","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
Can Sustainability Pay Off? Evaluating ESG Disclosure and Financial Outcomes in Chinese's Health Care Firms
IF 4.8
Business Strategy and Development Pub Date : 2025-01-08 DOI: 10.1002/bsd2.70061
Joel Victor Dossa
{"title":"Can Sustainability Pay Off? Evaluating ESG Disclosure and Financial Outcomes in Chinese's Health Care Firms","authors":"Joel Victor Dossa","doi":"10.1002/bsd2.70061","DOIUrl":"https://doi.org/10.1002/bsd2.70061","url":null,"abstract":"<div>\u0000 \u0000 <p>This study analyzes the influence of environmental, social, and governance disclosure (ESG) on the financial performance (FP) of health care firms listed in Shanghai and Shenzhen Stock Exchange Markets in China. Based on both stakeholder and signaling theory, using panel data from 2012 to 2022 Ordinary Least Squares (OLS) and System Generalized Method of Moments (GMM), we investigate the influence of ESG overall disclosure score together with their individual components (environmental, social, and governance) on the FP of health care firms. We find that ESG activities have a significant positive impact on the company's both accounting and market-based measures of performance. In addition, governance and social activities have a positive significant effect on FP. However, environmental activities and disclosure were negatively and significantly associated with FP. The study provides novel insights by describing the nuanced financial trade-offs of ESG practices in a highly regulated and capital-intensive industry like health care. It contributes to the literature by emphasizing that although environmental investments may hinder short-term FP, strong governance and social activities remain essential drivers of sustainable performance in health care. The study provides empirical insights on how ESG practices impact FP in the health care industry and complements the available literature on the economic efficiency of ESG performance, particularly in FP. This calls for more refined ESG strategies tailored to sector-specific realities.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143113270","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
Bridging Competitive Advantage and Sustainable Development: The Moderating Role of Value Creation for Stakeholders in Ethiopian SMEs
IF 4.8
Business Strategy and Development Pub Date : 2025-01-06 DOI: 10.1002/bsd2.70066
Abebe Techan Tolossa, Manjit Singh, Raj Kumar Gautam
{"title":"Bridging Competitive Advantage and Sustainable Development: The Moderating Role of Value Creation for Stakeholders in Ethiopian SMEs","authors":"Abebe Techan Tolossa,&nbsp;Manjit Singh,&nbsp;Raj Kumar Gautam","doi":"10.1002/bsd2.70066","DOIUrl":"https://doi.org/10.1002/bsd2.70066","url":null,"abstract":"<div>\u0000 \u0000 <p>The pursuit of sustainable development has become a crucial priority for businesses globally. Small and Medium Enterprises (SMEs), which form the backbone of many economies, are essential in driving this agenda. However, the challenge of balancing economic growth with environmental stewardship and social responsibility is particularly pronounced for SMEs in developing countries like Ethiopia. This study explores the complex interplay between competitive advantage, sustainable development, and the moderating role of value creation for stakeholders in Ethiopian SMEs. By investigating how SMEs can generate value for various stakeholders while simultaneously strengthening their competitive edge and promoting sustainable development, the research seeks to provide strategic insights for long-term success. Utilizing a mixed-methods approach, data were gathered from 387 SME employees in the Oromia Regional State via a self-administered Likert-scale questionnaire. The analysis, conducted through structural equation modeling, indicates that competitive advantage positively affects sustainable development. Additionally, the study highlights that value creation for stakeholders significantly moderates this relationship, amplifying the positive influence of competitive advantage on sustainable development. These findings emphasize the importance of prioritizing stakeholder engagement in fostering sustainable business practices. The research contributes to understanding SME sustainability by offering actionable recommendations for policymakers, industry leaders, and academics committed to building competitive and sustainable SMEs in Ethiopia.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143112611","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
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