Business Strategy and Development最新文献

{"title":"Integrating Circular Economy and Regenerative Agricultural Practices on Farms in a Developing Country Context","authors":"A. A. Rodríguez,&nbsp;R. Cerchione,&nbsp;G. C. Rótolo,&nbsp;L. Magnano,&nbsp;R. Passaro","doi":"10.1002/bsd2.70391","DOIUrl":"https://doi.org/10.1002/bsd2.70391","url":null,"abstract":"<p>The current state of agricultural production is characterised by a linear model of production and consumption, which has led to negative environmental consequences. In Argentina, the agricultural sector plays a crucial role in the economy, particularly in the Pampas region. To address sustainability challenges, there is growing interest in adopting a circular economy approach within the agricultural sector. In pursuit of this, circular agriculture (CA) and regenerative agriculture (RA) have to be applied. However, practical implementation remains limited due to the lack of clear, widely adopted guidelines. This study aimed to define criteria for evaluating the circular and regenerative agriculture approach (CA/RA) in the context of the primary production stage of the Monje Cooperative's grain supply basin (GSBMC). Following a literature review to define evaluation criteria, this study conducts an empirical analysis to identify circular and regenerative agriculture (CA/RA) principles, both general and those applied in GSBMC. Field research was conducted using semi-structured surveys of farms associated with Monje's Cooperative. The findings showed an exhaustive description of a complementary approach of CA/RA based on improving four main principles, such as soil health, biodiversity, crop-livestock integration, and waste management and its possible implementation in the case study. Besides, derived from the principles, seven main practices and six general criteria were identified to guide the adoption of the CA/RA approach, which were compared with the current production on the farms from GSBMC. The farms showed a low crop rotation and livestock-crop integration, with the largest area used by soybean and chemical fallow (more than 50% of the total area). However, a smaller number of farms are improving it with practices such as cover crops and grazing mixed systems (4 of 52). Therefore, this study argues for a focus on the opportunities to enhance these practices for the implementation of the integrative CA/RA approach. The contextualisation and identification of the implementation of CA/RA practices are crucial for advancing the transition toward more sustainable farming and have implications for policy, research, and companies.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70391","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148752676","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}

{"title":"Green Corporate Governance, CSR Disclosure, and Financial Reporting Quality: Evidence From an Emerging Economy","authors":"Thi Nhan Duong,&nbsp;Quang Khai Nguyen","doi":"10.1002/bsd2.70392","DOIUrl":"https://doi.org/10.1002/bsd2.70392","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines the relationship between green corporate governance, defined as firms' green mindsets and strategies as well as organizational arrangements that embed social responsibility into top-level design, corporate social responsibility (CSR) disclosure, and financial reporting quality (FRQ) using a sample of 608 Vietnamese listed non-financial firms from 2016 to 2024 and applying the fixed-effects and system GMM estimations. The empirical evidence shows several notable findings. First, green corporate governance is positively associated with FRQ. Second, CSR disclosure has a positive effect on FRQ. Third, firms with stronger green corporate governance tend to disclose more CSR information. Finally, CSR disclosure mediates the relationship between green corporate governance and FRQ. Therefore, green corporate governance not only directly improves FRQ but also indirectly enhances FRQ through greater CSR disclosure. Overall, this study extends the literature on corporate governance, sustainability disclosure, and FRQ by offering new evidence from an emerging economy.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148647919","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}

{"title":"Limits and Relationships Between CSI and CSR","authors":"Hilda Helena Estrada López,&nbsp;John Enrique Sánchez Otero,&nbsp;Alberto Mario Guzmán Estrada,&nbsp;Gisella Rossy Rodriguez Calderon","doi":"10.1002/bsd2.70388","DOIUrl":"https://doi.org/10.1002/bsd2.70388","url":null,"abstract":"<div>\u0000 \u0000 <p>Academics and practitioners have paid limited attention to the relationship between Corporate Social Innovation (CSI) and Corporate Social Responsibility (CSR). The literature on the boundaries between these two concepts remains fragmented, and existing studies tend to address the phenomenon through isolated case studies and specific variables, rather than adopting a holistic perspective. Furthermore, while interest in integrating these practices into core business operations has grown, companies face challenges in implementing them, as it is unclear which approach best addresses social issues alongside economic benefits. To address this research gap, a PRISMA-based systematic literature review was conducted to analyze both the conceptual boundaries and the relationship between these concepts in the context of companies' strategic social value creation. Specifically, the literature identifies that conceptual boundaries are shaped by the different foundations, dynamics, and outcomes of CSI and CSR. On the other hand, the relationship between CSI and CSR is characterized by complementarity, mutual influence, and evolution over time. Finally, the study highlights opportunities for future research.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148616044","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}

{"title":"Mapping Green Human Resource Management and Sustainable Performance Research","authors":"Md. Amanullah,&nbsp;Prosenjit Tarafdar,&nbsp;Md. Mustaqim Roshid,&nbsp;Md. Shawan Uddin","doi":"10.1002/bsd2.70389","DOIUrl":"https://doi.org/10.1002/bsd2.70389","url":null,"abstract":"<div>\u0000 \u0000 <p>Green Human Resource Management (GHRM) has emerged as a critical mechanism through which organizations address environmental challenges and advance sustainability objectives. Despite the rapid growth of GHRM scholarship, the field remains theoretically fragmented, with prior reviews largely focusing on descriptive trend analyses and limited integration of its intellectual evolution. This study provides a comprehensive bibliometric and thematic assessment of GHRM research based on 486 Scopus-indexed publications published between 2014 and 2025. The findings reveal three distinct developmental stages: formative, developing, and growth, highlighting the field's progression from foundational conceptualization to a broader sustainability-oriented agenda. Thematic analysis demonstrates a notable shift from environmentally focused HR practices toward more sophisticated domains encompassing green innovation, green intellectual capital, sustainable leadership, and organizational environmental performance. Furthermore, the study uncovers emerging yet underexplored research trajectories that offer significant opportunities for theoretical advancement and empirical inquiry. By mapping the intellectual, social, and thematic structure of the field, this review contributes a consolidated understanding of GHRM's evolution and provides a strategic roadmap for future research aimed at strengthening theoretical integration and enhancing sustainability outcomes.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148615946","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}

{"title":"Does State Ownership Impact Corporate Social Responsibility (CSR): A Literature Review on Country Governance","authors":"Patrick Velte","doi":"10.1002/bsd2.70387","DOIUrl":"https://doi.org/10.1002/bsd2.70387","url":null,"abstract":"<p>This literature review is the first to focus on how country governance moderates the relationship between state ownership and corporate social responsibility (CSR) outcomes, given the mixed research results. Earlier research has predominantly focused on how state ownership affects CSR performance in regimes lacking Organization for Economic Cooperation and Development (OECD) membership. Our theoretical framework contrasts with our findings, which show clear indications that state ownership and CSR performance positively impact Chinese firms. We emphasize the significant limitations of previous studies and offer a range of recommendations for future research designs.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70387","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148467678","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}

{"title":"Board Gender Diversity and ESG Performance: The Moderating Role of Porter's Competitive Business Strategies in Asian Emerging Economies","authors":"Wahyu Junaedi,&nbsp;Bambang Tjahjadi,&nbsp;Wiwiek Dianawati","doi":"10.1002/bsd2.70385","DOIUrl":"https://doi.org/10.1002/bsd2.70385","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates how competitive business strategy shapes the relationship between board gender diversity and ESG performance in Asian emerging economies. Integrating resource dependence theory, upper echelons theory, and Porter's competitive strategy framework, we examine whether the ESG effect of female board representation differs between cost leadership and differentiation strategies. Using an unbalanced panel of 64,427 firm-year observations from publicly listed firms between 2015 and 2023, we find that board gender diversity is positively associated with ESG performance. Contrary to our hypothesis, this relationship is stronger in cost leadership firms than in differentiation-oriented firms. Robustness tests using a critical mass indicator and lagged explanatory variables confirm the main findings. These results suggest that gender-diverse boards may serve as a corrective governance mechanism in efficiency-oriented firms, where ESG concerns may be less naturally embedded in competitive strategy. This study advances strategy–governance research by demonstrating that the ESG value of board gender diversity is contingent upon firms' strategic orientation. It also highlights the importance of aligning board composition and business strategy to enhance sustainable corporate performance in emerging markets.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148467322","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}

{"title":"Exploring the Nexus Between Corporate Social Responsibility and Sustainable Development: A Bibliometric Analysis","authors":"Trilochana Dash,&nbsp;Chandan Kumar Sahoo","doi":"10.1002/bsd2.70386","DOIUrl":"https://doi.org/10.1002/bsd2.70386","url":null,"abstract":"<div>\u0000 \u0000 <p>This study presents a comprehensive bibliometric analysis of corporate social responsibility and sustainable development (CSR–SD) research spanning 2003–2025, examining the intellectual, thematic, and geographical evolution of the field in the context of global sustainability agendas. A total of 2099 peer-reviewed journal articles were retrieved from the Scopus and Web of Science databases to ensure broad coverage and methodological robustness. The dataset was analyzed using the Bibliometrix package in the R programming language. Co-authorship, co-citation, and keyword co-occurrence analyses, complemented by thematic evolution and strategic mapping techniques, reveal five developmental phases reflecting the progression of CSR–SD scholarship from early normative discussions toward governance-oriented and performance-driven sustainability frameworks. The findings highlight the growing prominence of environmental, social, and governance (ESG) reporting, sustainability reporting, sustainable finance, innovation, and stakeholder engagement, indicating the increasing integration of CSR–SD into corporate strategy, governance systems, and capital markets. China and Spain emerge as leading contributors to the literature, while the geographical distribution of publications reveals opportunities for broader participation from underrepresented regions. Theoretically, the study draws upon Stakeholder Theory, Legitimacy Theory, and the Triple Bottom Line framework to interpret evolving research clusters, intellectual structures, and thematic shifts. By providing a longitudinal, dual-database assessment of CSR–SD scholarship, this study contributes a theoretically grounded and methodologically rigorous understanding of the field's evolution and offers valuable insights for researchers, practitioners, and policymakers seeking to advance sustainability-oriented corporate strategies and inclusive sustainable development transitions.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148467050","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}

{"title":"Unpacking the Relationship Between Market Competition and Environmental, Social, and Governance (ESG) Performance: A Systematic Review","authors":"Tran Huu Dong,&nbsp;Thai Minh Hanh,&nbsp;Le Hieu Hoc","doi":"10.1002/bsd2.70382","DOIUrl":"https://doi.org/10.1002/bsd2.70382","url":null,"abstract":"<div>\u0000 \u0000 <p>This study conducts a systematic literature review to assess the complex relationship between market competition and Environmental, Social, and Governance (ESG) performance. Using the PRISMA framework, 45 peer-reviewed articles (2002–2025) are analyzed through the TCCM (Theory–Context–Characteristic–Methodology) framework. The findings show that the impact of competition on ESG is conditional rather than uniform. Competition can enhance ESG through differentiation, innovation, and legitimacy, but can also constrain it through cost pressures and managerial short-termism. Market competition further acts as a contextual moderator, shaping how individual characteristics, firm characteristics, governance, and institutional environments influence ESG outcomes. These results suggest that ESG should be understood as a strategic response to competitive and institutional conditions, rather than a standardized one-size-fits-all approach or compliance-driven activity.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148466760","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}

{"title":"From Responsibility to Regeneration: The Role of Circular Business Model Innovation in Translating CSR and ESG Integration Into Sustainability-Oriented Corporate Performance, With AI Adoption as a Strategic Enabler","authors":"Mei Kei Leong,&nbsp;Muhammad Sadiq","doi":"10.1002/bsd2.70384","DOIUrl":"https://doi.org/10.1002/bsd2.70384","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates the integrated relationships among corporate social responsibility, ESG integration, circular business model innovation, sustainability-oriented corporate performance, and AI adoption within Chinese firms, responding to critical theoretical gaps regarding the mechanisms through which sustainability-oriented organizational commitments generate superior corporate performance outcomes. Grounded in the resource-based view, the research proposes and empirically tests a comprehensive framework incorporating direct, mediated, and moderated relationships among these constructs. Data were collected through structured questionnaire surveys from 383 managers and senior executives across Chinese firms. The data were analyzed using partial least squares structural equation modeling through SmartPLS 4.0. Findings confirm that CSR and ESG integration independently and positively influence circular business model innovation, which subsequently drives sustainability-oriented corporate performance. Mediation analysis establishes that circular business model innovation significantly mediates both the CSR-performance and ESG-performance relationships. Moderation analysis reveals a theoretically nuanced divergence wherein artificial intelligence adoption failed to amplify the corporate social responsibility and circular business model innovation relationship, suggesting that socially responsible practices drive circular innovation through relational and institutional channels independent of technological capabilities, while artificial intelligence adoption significantly strengthened the ESG integration and circular business model innovation relationship, confirming that governance-structured sustainability frameworks are uniquely receptive to computational intelligence augmentation. This research delivers original theoretical contributions by offering an integrated sustainability framework, while providing Chinese corporate managers, policymakers, and investors with actionable strategic insights for leveraging circular innovation and selective artificial intelligence capabilities to achieve durable, multidimensional sustainability performance excellence.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148466634","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}

{"title":"Net Zero and Sustainability Performance: The Role of Collective Actions","authors":"Daniel Alonso-Martínez,&nbsp;Eleonora Di Maria","doi":"10.1002/bsd2.70373","DOIUrl":"https://doi.org/10.1002/bsd2.70373","url":null,"abstract":"<p>The relationship between collective initiatives and sustainability performance is contested, since many studies suggest a positive outcome, but research also emphasizes the challenges and limits of such collective effort. In the scenario of Net Zero goals—described as a grand challenge for firms—this paper examines the firms' participation in collective actions aimed at Net Zero goals and the implications on their sustainability performance. Focusing on 1244 certified B Corps in Europe, we analyse involvement in three coalitions: Net Zero, Climate Ambition Alliance, and SME Climate Hub. Results show that participation in these initiatives is positively associated with higher sustainability performance, as measured by B Impact Assessment (BIA) scores, with stronger associations for larger firms. Importantly, the positive relationship between collective actions and sustainability performance is moderated by national culture: the positive association is stronger for firms located in more collectivist countries, highlighting the role of cultural context in shaping sustainability-oriented collective engagement. These findings remain robust when focusing specifically on the environmental dimension of sustainability performance. Our study suggests that collective action may represent a relevant strategic mechanism associated with firms' pursuit of corporate sustainability and Net Zero goals.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"9 3","pages":""},"PeriodicalIF":5.7,"publicationDate":"2026-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70373","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148466632","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}