{"title":"Fostering Sustainable Consumer Behaviors: Integrating Minimalism, Lifestyle of Health and Sustainability, and Collectivist Culture Through the Theory of Planned Behavior","authors":"Khanh Huy Nguyen, Mai Dong Tran","doi":"10.1002/bsd2.70127","DOIUrl":"https://doi.org/10.1002/bsd2.70127","url":null,"abstract":"<div>\u0000 \u0000 <p>This study integrates the theory of planned behavior (TPB) and the stimulus-organism-response (S-O-R) framework to examine how minimalism and the lifestyle of health and sustainability (LOHAS) shape sustainable consumer behaviors, especially within collectivist cultures. A survey of 485 consumers served as the empirical foundation, with data analyzed using partial least squares structural equation modeling (PLS-SEM). Results show that minimalism and LOHAS both significantly enhance consumers' sustainable behaviors by strengthening attitudes, subjective norms, and perceived behavioral control—key components of TPB. Furthermore, collectivist cultural values heighten the impact of minimalism and LOHAS on certain TPB constructs, indicating that communal support and shared environmental goals can amplify pro-sustainability mindsets and actions. These findings underscore the importance of lifestyle-driven approaches to sustainability, suggesting that firms and policymakers tailor marketing and policy initiatives to cultural contexts and highlight both the health and ecological benefits of minimalist, LOHAS-aligned choices. By bridging personal lifestyle orientations with collective cultural norms, this research offers actionable strategies for promoting sustainable consumption in emerging markets.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144117891","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 Environmental, Social, and Governance Controversies and Corporate Financial Performance: Insights From Bibliometric and Content Analyses","authors":"Nejla Ould Daoud Ellili, Richard Yeaw Chong Seow","doi":"10.1002/bsd2.70125","DOIUrl":"https://doi.org/10.1002/bsd2.70125","url":null,"abstract":"<div>\u0000 \u0000 <p>This study explores the relationship between ESG controversies and corporate financial performance, focusing on key trends, influential contributions, and dominant theoretical frameworks and research methods in this area. It aims to provide a comprehensive overview of the evolving research landscape and its associated implications. It conducts a systematic literature review utilizing PRISMA protocols along with bibliometric and content analyses. Data were extracted from the Web of Science (WoS) and Scopus databases, resulting in a final selection of 37 high-quality articles published between 2004 and 2024. The analysis identified stakeholder, legitimacy, and agency theories as the most frequently used theoretical frameworks. Results reveal a significant increase in publications since 2022, with ESG controversies affecting corporate financial performance through financial risks and reputational challenges. Key gaps include limited sector-specific research, short-term financial measures, the dominance of quantitative methodologies, and the incorporation of emerging technologies. The study is limited to the WoS and Scopus databases, focusing on peer-reviewed articles in English. It highlights opportunities for future research in emerging markets, sector-specific studies, and integrative qualitative and mixed-method approaches. The findings emphasize the importance of board independence and corporate social responsibility initiatives in addressing ESG controversies. Companies should align their corporate governance structures with ESG strategies to improve transparency, stakeholder trust, and financial resilience. This study offers a comprehensive bibliometric analysis of ESG controversies and corporate financial performance, providing valuable insights for academics, practitioners, and policymakers to explore this research area.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143944794","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":"Attitudes Toward ESG Reporting in a Crisis Economy: Insights From Interviews With Ukrainian Agricultural Enterprises","authors":"Volodymyr Metelytsia, Vladislav Valentinov, Taras Gagalyuk","doi":"10.1002/bsd2.70123","DOIUrl":"https://doi.org/10.1002/bsd2.70123","url":null,"abstract":"<p>This article explores how ESG reporting practices evolve in high-risk, low-institutional contexts by examining Ukrainian agricultural enterprises operating under conditions of war, economic instability, and EU integration pressures. Drawing on semi-structured interviews, we show that, unlike highly institutionalized ESG models in the Global West, Ukrainian agricultural companies adopt pragmatic, survival-oriented approaches to sustainability. ESG engagement centers on business continuity and community support—balancing moral imperatives with operational needs. A low level of institutionalization fosters authenticity and reduces greenwashing risk, yet widespread skepticism persists regarding the feasibility of reporting without clear financial incentives. These findings challenge the assumptions of global ESG frameworks and highlight the need to reorient standards toward financial materiality in crisis economies. We propose an adaptive ESG reporting model that reduces compliance burdens for SMEs and outline policy measures—including advisory services, simplified procedures, financial incentives, and targeted education—to facilitate context-sensitive ESG integration.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70123","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143938961","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}
Md. Nur Alam, Syed Shamim Hasan, Imtiaz Masroor, Md. Noor Un Nabi, Md. Rabiul Islam
{"title":"Building Resilience Through Reputation Risk Management: A Study on Export-Oriented Shrimp Firms of Bangladesh","authors":"Md. Nur Alam, Syed Shamim Hasan, Imtiaz Masroor, Md. Noor Un Nabi, Md. Rabiul Islam","doi":"10.1002/bsd2.70124","DOIUrl":"https://doi.org/10.1002/bsd2.70124","url":null,"abstract":"<div>\u0000 \u0000 <p>This study attempts to identify the drivers of the reputation risk affecting the resilience toward sustainability of export-oriented shrimp firms in the Southwest Region of Bangladesh. The study is based on grounded theory and uses an inductive approach. The data was collected through in-depth interviews with a purposive sample of top-level individuals from five shrimp exporting firms. Content and thematic analysis was conducted to identify the drivers of the reputational risk of export-oriented shrimp businesses. The results suggest that economic factors, environmental factors, certification and awards, product quality and safety, technological factors, and customer satisfaction influence their resilience towards sustainability. The study identifies the drivers of the reputational risk of export-oriented shrimp firms. This study fulfils the need for qualitative research on drivers of reputational risk of export-oriented shrimp firms in Bangladesh. Based on the influencing factors identified, export-oriented firms could formulate strategies to manage their reputational risk better.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143938963","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}
Do Thi Thanh Phuong, Andri Dayarana K. Silalahi, Wei-Ru Chang, Adi Prasetyo Tedjakusuma, Ixora Javanisa Eunike
{"title":"To Adopt or Not to Adopt: Configurations for GenAI Recommendation Adoption in Sustainable Consumer Behavior","authors":"Do Thi Thanh Phuong, Andri Dayarana K. Silalahi, Wei-Ru Chang, Adi Prasetyo Tedjakusuma, Ixora Javanisa Eunike","doi":"10.1002/bsd2.70122","DOIUrl":"https://doi.org/10.1002/bsd2.70122","url":null,"abstract":"<div>\u0000 \u0000 <p>Generative AI (GenAI) holds considerable promise for fostering sustainable consumer behavior, yet the mechanisms of trust-building and adoption remain underexplored. This study investigates how cognitive and motivational factors shape trust in GenAI-driven sustainability recommendations. Using fuzzy-set qualitative comparative analysis (fsQCA) on data from 577 participants in Indonesia, the findings show that high adoption arises from configurations of perceived information quality, relevance to sustainability, ease of implementation, and interaction quality. In contrast, low adoption is associated with a lack of trust and delicate perceptions of complexity and risk. The influence of perceived complexity varies across pathways, highlighting its contextual nature. Trust consistently stands out as a crucial condition for high adoption, underscoring its role in sustaining GenAI use. The study offers practical guidance for developers and policymakers, emphasizing the need to foster trust, streamline user interactions, and align GenAI solutions with broader sustainability goals. By addressing trust gaps and reducing complexity, GenAI can evolve into a transformative tool for advancing consumer-driven sustainable practices.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143938962","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}
Andri Dayarana K. Silalahi, Ixora Javanisa Eunike, Do Thi Thanh Phuong, Edgar Octoyuda, Novianita Rulandari
{"title":"A Configurational Model of Green Consumerism Integrating Ethical Obligations, Collective Efficacy, and Environmental Concerns Using Fuzzy Sets Qualitative Comparative Analysis","authors":"Andri Dayarana K. Silalahi, Ixora Javanisa Eunike, Do Thi Thanh Phuong, Edgar Octoyuda, Novianita Rulandari","doi":"10.1002/bsd2.70120","DOIUrl":"https://doi.org/10.1002/bsd2.70120","url":null,"abstract":"<div>\u0000 \u0000 <p>The pressing demand for sustainable consumption stems from environmental challenges such as global warming and resource depletion. However, many studies fail to capture the complex relationships among personal, social, and technological factors influencing green purchase behavior. Building on the Theory of Planned Behavior, this research explores how these factors interact to promote or hinder sustainable consumption. Using survey data from 400 Indonesian consumers with experience in purchasing green products, the study employs fuzzy-set qualitative comparative analysis to identify configurational pathways. The results highlight unique combinations of intrinsic factors, such as ethical obligation and environmental concern, alongside extrinsic influences, including social media engagement and subjective norms, that drive green purchasing. While various configurations lead to high green purchase behavior, the absence of critical elements, particularly environmental knowledge, emerges as a significant barrier. By adopting a configurational perspective, this study moves beyond linear models, uncovering dynamic pathways that shape green purchase behavior. It provides an integrated framework that considers personal, social, and technological dimensions to address the context-specific challenges of fostering sustainable consumption.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143930248","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":"Innovation, Gender Diversity, and Labor Productivity: Evidence From Moroccan Small and Medium-Sized Enterprises","authors":"Mounir Boumhamdi, Marouane Ikira, Yassine Boudi","doi":"10.1002/bsd2.70116","DOIUrl":"https://doi.org/10.1002/bsd2.70116","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper aims to analyze how innovation and gender diversity combine to affect labor productivity within the context of Moroccan SMEs, using data from the World Bank Enterprise Surveys and the Enterprise Survey Follow-up on COVID-19. Several studies have shown that female-led firms, though much more reluctant to innovate than their male counterparts, performed equally in productivity compared to firms with male owners when they eventually did so. Using the CES production function and System GMM analyses, we deal with the endogeneity problem and show coherent results. Our results indicate that female-led firms have a lower propensity to engage in innovation activities. However, when they do, their level of productivity is very close to that of their male-led counterparts. In addition, we found that nearly 70% of the gap in productivity levels can be attributed to higher technological levels. Conclusions stress the importance of the policy recommendations, where the focus is made on increasing the support to women entrepreneurs, improving the conditions for financing the companies, as well as providing specific incentives and training.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143925936","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}
Guifang Zhu, Tze San Ong, Ahmad Fahmi Sheikh Hassan
{"title":"Legitimization Tools or Governance Tools? A Systematic Literature Review of Corporate Governance and Carbon Disclosure Quality","authors":"Guifang Zhu, Tze San Ong, Ahmad Fahmi Sheikh Hassan","doi":"10.1002/bsd2.70117","DOIUrl":"https://doi.org/10.1002/bsd2.70117","url":null,"abstract":"<div>\u0000 \u0000 <p>As global climate challenges intensify, corporate carbon disclosure quality (CDQ) has emerged as a vital indicator of corporate environmental transparency and accountability. However, corporate governance (CG) mechanisms remain contested: are they primarily legitimation tools to meet external expectations or governance instruments to ensure substantive environmental performance? This study conducts a systematic literature review (SLR) utilizing the PRISMA framework, methodically screening and synthesizing 64 studies published between 2011 and 2024. Key findings encompass (1) Persistent suboptimal CDQ across both developed and emerging markets; (2) A trend towards theoretical integration, with the CG-CDQ relationship increasingly reflecting the interplay of multiple theoretical frameworks; (3) Dynamic duality of CG's role, wherein its primary function depends on institutional pressure, governance architecture, and stakeholder oversight; (4) Bridging institutional voids in emerging economies, as demonstrated by China's state-owned enterprises (SOEs) surpassing non-state-owned firms under policy incentives. This study also identifies critical research gaps: over two-thirds of CG-CDQ studies concentrate on the US, Europe, and China, while ASEAN and Africa—carbon-intensive regions—remain underexplored, constituting a 90% research void. The cultural dimension is frequently neglected, with only one study examining informal institutions, such as Confucianism. These findings highlight that governments should mandate carbon disclosure standards, implement cross-border accreditation mechanisms, and enhance social oversight; corporations should bolster governance, incorporate environmental expertise, and ensure that 30% of their executives are female; and investors should advocate for ESG performance agreements that correlate carbon disclosure with investment returns, fostering sustainable development.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143914431","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}
Eleonora Rizzitello, Alessia Busacca, Paolo Roma, Giovanni Perrone
{"title":"Linking Circular Business Models With Value Sources: A Cluster-Based Literature Review","authors":"Eleonora Rizzitello, Alessia Busacca, Paolo Roma, Giovanni Perrone","doi":"10.1002/bsd2.70111","DOIUrl":"https://doi.org/10.1002/bsd2.70111","url":null,"abstract":"<p>Circular Business Models (CBMs) are critical to advancing the Circular Economy (CE), receiving significant attention from policymakers and corporations alike. Despite this, the conceptual clarity of CBMs remains underdeveloped. This paper presents a systematic literature review of CBM, focusing on definitions, drivers, barriers, and value creation. We identify three primary clusters: CBM concept, CBM transformation, and CBM strategies. Key gaps in the literature are highlighted, with particular regard to market value creation, comprehensive business model framework, and firm maturity. To address these gaps, we propose a framework linking CBM strategies with value sources, offering a more cohesive understanding of circularity within business models. This framework aims to guide future research and practical implementation across various firm maturity stages.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70111","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143904929","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}
Björn Mestdagh, Gonzalo Villa-Cox, Luc Van Liedekerke, Jan Cools
{"title":"Exploring Employee Perceptions and Attitudinal Responses to the Sustainable Development Goals (SDGs): A Robust Methodological Approach Amidst Missing Value Prevalence","authors":"Björn Mestdagh, Gonzalo Villa-Cox, Luc Van Liedekerke, Jan Cools","doi":"10.1002/bsd2.70118","DOIUrl":"https://doi.org/10.1002/bsd2.70118","url":null,"abstract":"<p>This study investigates the effects of organizational engagement with the Sustainable Development Goals (SDGs) on employee attitudes, focusing on pride, perceived support, and commitment. Utilizing stakeholder and psychological theories, it explores how employees' perceptions of their organization's SDG engagement influence these attitudes. Survey data were collected from employees of a Belgian regional governmental organization, offering a unique perspective since public sector employees are often underrepresented in this line of research. This data formed the basis for an innovative and reusable PLS-SEM modeling pipeline, designed both to test the hypothesized relationships and to address missing value prevalence. The findings reveal significant positive attitudinal outcomes, underscoring the direct and overall impact of perceived organizational SDG engagement on employee attitudes. In addition, the study introduces three novel SDG perception scales, each consisting of 17 items. Overall, this paper provides a foundational framework for understanding employee perceptions and attitudinal responses to organizational SDG engagement.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 2","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70118","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143901094","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}