Business Strategy and Development最新文献_第7页

Gender Diversity and Environmental, Social, and Governance: Unlocking Solutions to Corporate Risk 性别多样性与环境、社会和治理：解开企业风险的解决方案

IF 4.8

Business Strategy and Development Pub Date : 2025-03-17 DOI: 10.1002/bsd2.70097

Mohammed W. A. Saleh, Sajed Mowafaq Alshdaifat, Mohammad Fawzi Shubita, Marwan Mansour, Abdalwali Lutfi

{"title":"Gender Diversity and Environmental, Social, and Governance: Unlocking Solutions to Corporate Risk","authors":"Mohammed W. A. Saleh, Sajed Mowafaq Alshdaifat, Mohammad Fawzi Shubita, Marwan Mansour, Abdalwali Lutfi","doi":"10.1002/bsd2.70097","DOIUrl":"https://doi.org/10.1002/bsd2.70097","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines the relationship between Environmental, Social, and Governance (ESG) practices and corporate risk in Asian countries, emphasizing the moderating role of board gender diversity (BGD). Using a panel dataset of 15,496 observations from Asian firms between 2008 and 2020, the analysis employs the Generalized Method of Moments (GMM) model to address potential endogeneity issues. The findings indicate that stronger ESG practices significantly reduce corporate risk, enhance financial stability, and mitigate regulatory and market volatility exposure. Furthermore, the results highlight that higher BGD amplifies this risk-reduction effect, suggesting that diverse boards contribute to better decision-making and risk management. Policy Implications: These findings underscore the importance of regulatory frameworks that encourage ESG adoption and board diversity. Policymakers should incentivize companies to integrate ESG principles and implement gender diversity policies, such as board quotas or disclosure requirements, to enhance corporate resilience and sustainable economic growth.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143638668","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

Correction to “Audit Committee Characteristics and Sustainable Firms' Performance: Evidence From the Financial Sector in Bangladesh” 对“审计委员会特征与可持续公司绩效：来自孟加拉国金融部门的证据”的更正

IF 4.8

Business Strategy and Development Pub Date : 2025-03-17 DOI: 10.1002/bsd2.70101

引用次数: 0

Sustainable Development: Prioritizing Attributes and Validating Factors for the Success of Green Startups in Brazilian and German Entrepreneurial Ecosystems 可持续发展：巴西和德国创业生态系统中绿色创业公司成功的优先属性和验证因素

IF 4.8

Business Strategy and Development Pub Date : 2025-03-16 DOI: 10.1002/bsd2.70083

Arthur Yassine Oliveira, Jéssica Alves Justo Mendes, Lucas Gabriel Zanon, Mateus Cecílio Gerolamo, Vânia Gomes Zuin Zeidler

{"title":"Sustainable Development: Prioritizing Attributes and Validating Factors for the Success of Green Startups in Brazilian and German Entrepreneurial Ecosystems","authors":"Arthur Yassine Oliveira, Jéssica Alves Justo Mendes, Lucas Gabriel Zanon, Mateus Cecílio Gerolamo, Vânia Gomes Zuin Zeidler","doi":"10.1002/bsd2.70083","DOIUrl":"https://doi.org/10.1002/bsd2.70083","url":null,"abstract":"<div>\u0000 \u0000 <p>This research investigates the relationship between cultural, social, and material attributes within entrepreneurial ecosystems (EEs) and their influence on the success of green startups, focusing specifically on comparative analyses between Brazilian and German contexts. Through a detailed examination involving the fuzzy cognitive maps (FCMs) and the fuzzy Delphi method (FDM), the study validates factors critical for fostering green startups. The research findings highlight the importance of business strategies that are culturally congruent and environmentally beneficial, focused on the unique characteristics of each ecosystem. In Germany, strategies emphasizing technological innovation align with a pragmatic environmental ethos, whereas in Brazil, community involvement and social innovation are more crucial. The study's methodological approach integrates expert opinions to prioritize the attributes that significantly impact green startups, revealing that strategic alignment with external ecosystem factors such as investment access, regulatory environments, and specialized talent is vital for startup survival and growth. However, the research faces limitations due to its geographic focus, potential expert bias, dynamic ecosystem characteristics, and the qualitative nature of data collection. These limitations suggest areas for further research, including expanding geographic scope and incorporating quantitative methods to enhance the robustness of findings. Overall, this study contributes to the understanding of how tailored business strategies, which can be developed through the analysis of the attributes and factors presented in this study, can support sustainable economic development in EEs contexts.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143632943","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

Sustainable Development Goals as Strategic Drivers: A Case Study in Brazil 可持续发展目标作为战略驱动力：以巴西为例

IF 4.8

Business Strategy and Development Pub Date : 2025-03-14 DOI: 10.1002/bsd2.70093

Ticiana Braga De Vincenzi, Isak Kruglianskas, Roberta Souza Piao

{"title":"Sustainable Development Goals as Strategic Drivers: A Case Study in Brazil","authors":"Ticiana Braga De Vincenzi, Isak Kruglianskas, Roberta Souza Piao","doi":"10.1002/bsd2.70093","DOIUrl":"https://doi.org/10.1002/bsd2.70093","url":null,"abstract":"<div>\u0000 \u0000 <p>This study explores how the sustainable development goals (SDGs) influence sustainability initiatives in a large cement company in a developing country. An in-depth case study found that the SDGs play a validating role in decision-making, with the company attempting to overcome barriers to sustainable development. A novel framework is proposed, bridging legitimization strategies to business cases for sustainability via centrality. Findings show that the company adopts collaborative and responsible business cases aligned with the stimulation strategy and limited to social and environmental activities. However, these initiatives are not directly tied to its core business, and their contribution to the SDGs is mainly an add-on. Managerially, the study emphasizes the importance of engaging with local communities, not just government representatives, and aligning different hierarchical levels within the company. Theoretically, even actions not directly related to the core business can significantly support local development, challenging the concept of centrality in SDG implementation.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143612518","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

How Green Credit Policies and Climate Change Practices Drive Banking Financial Performance 绿色信贷政策和气候变化实践如何推动银行财务绩效

IF 4.8

Business Strategy and Development Pub Date : 2025-03-13 DOI: 10.1002/bsd2.70090

Yaser Saleh Al frijat, Jebreel Mohammad Al-Msiedeen, Ahmed A. Elamer

{"title":"How Green Credit Policies and Climate Change Practices Drive Banking Financial Performance","authors":"Yaser Saleh Al frijat, Jebreel Mohammad Al-Msiedeen, Ahmed A. Elamer","doi":"10.1002/bsd2.70090","DOIUrl":"https://doi.org/10.1002/bsd2.70090","url":null,"abstract":"<p>This study examines the influence of green credit policies (GCP) on banking financial performance (FP), emphasizing the moderating role of climate change practices (CCP). Using a stakeholder theory and legitimacy theory framework, we explore how green credit initiatives impact key financial metrics such as return on equity (ROE), earnings per share (EPS), and Tobin's Q. The study utilizes a dataset covering 14 Jordanian banks from 2016 to 2023, applying regression models to test the proposed relationships. Our findings reveal a positive and significant relationship between GCP and FP, indicating that banks with stronger GCP tend to experience enhanced financial outcomes. Additionally, CCP reinforces this positive effect, demonstrating that environmental transparency fosters financial resilience and long-term sustainability. Robustness checks confirm the validity of our results, mitigating concerns regarding reverse causality and endogeneity bias. This study contributes to the green finance literature by providing empirical evidence on the financial benefits of GCP, particularly in the context of developing economies. The research underscores the strategic importance of integrating sustainability-driven policies into banking operations to achieve both financial and environmental objectives. Our findings hold substantial policy implications, advocating for regulatory frameworks that promote green finance transparency. For banking institutions, this study highlights the competitive advantage of embedding sustainability into corporate strategies, ultimately enhancing market valuation and profitability.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70090","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143602470","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 Controversies and Firm Performance in ASEAN: Do Board Gender Diversity and Sustainability Committee Matter? 东盟的ESG争议与公司绩效：董事会性别多样性和可持续发展委员会重要吗？

IF 4.8

Business Strategy and Development Pub Date : 2025-03-13 DOI: 10.1002/bsd2.70094

Noor Hidayah Ab Aziz, Sajead Mowafaq Alshdaifat, Hamzeh Al Amosh

{"title":"ESG Controversies and Firm Performance in ASEAN: Do Board Gender Diversity and Sustainability Committee Matter?","authors":"Noor Hidayah Ab Aziz, Sajead Mowafaq Alshdaifat, Hamzeh Al Amosh","doi":"10.1002/bsd2.70094","DOIUrl":"https://doi.org/10.1002/bsd2.70094","url":null,"abstract":"<p>This study investigates the impact of ESG controversies on the performance of publicly listed firms in the ASEAN-5 countries with the moderating effect of board gender diversity and sustainability committees. By employing random-effects regression, this study examines 1414 observations covering 2017 to 2023. Besides, a two-step GMM and 2SLS regression were used to address the endogeneity problem. The results found a significant negative relationship between ESG controversies and firm performance, implying that firms with fewer ESG controversies have higher performance. Besides, board gender and sustainable committees contribute to reducing the intensity of ESG controversies, which subsequently improves corporate reputation and hence their performances. This outcome presents policymakers with recommendations on how to develop regulations concerning ESG controversies, board gender diversity, and sustainability committees. This study is among the first that highlights the role of board gender diversity and sustainability committees in the context of ESG controversies and firm performance in the region of ASEAN.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.70094","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143602469","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

Enablers, Obstacles, and Impacts of Responsible Sourcing Strategies in Moroccan Companies: A Qualitative Analysis 摩洛哥公司负责任采购策略的推动者、障碍和影响：定性分析

IF 4.8

Business Strategy and Development Pub Date : 2025-03-12 DOI: 10.1002/bsd2.70096

Adil Cherkaoui, Marouane Aliat

{"title":"Enablers, Obstacles, and Impacts of Responsible Sourcing Strategies in Moroccan Companies: A Qualitative Analysis","authors":"Adil Cherkaoui, Marouane Aliat","doi":"10.1002/bsd2.70096","DOIUrl":"https://doi.org/10.1002/bsd2.70096","url":null,"abstract":"<div>\u0000 \u0000 <p>This qualitative analysis investigates the responsible sourcing practices of employees, managers, and directors of 12 companies operating in different sectors in Morocco. The 12 in-depth semi-directed interviews were analyzed using Nvivo 12 plus software, yielded 53 distinct codes, and grouped into six main categories, which led to the emergence of three main themes. The first theme uncovered by the research encompasses regulatory frameworks, stakeholder engagement, and organizational capacity as responsible sourcing enablers. The second theme tackles institutional, operational, and cultural impediments, while the third theme investigates market performance, social impact, and environmental benefits as direct impacts of responsible sourcing. This research uses neo-institutional and stakeholder theories as theoretical lenses, and results show that responsible sourcing adoption in Morocco is conditioned by various organizational, cultural, and operational restrictions. Market performance, social well-being, and environmental sustainability are all impacted by the implementation of responsible sourcing, demonstrating the strategic significance of such strategies in areas with high environmental and social vulnerabilities.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143602552","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 Role of Life Cycle Thinking in Developing Supply Chains Aligned With Sustainable Development Goals 探索生命周期思维在发展符合可持续发展目标的供应链中的作用

IF 4.8

Business Strategy and Development Pub Date : 2025-03-11 DOI: 10.1002/bsd2.70081

Ana Mariele Domingues, Jacqueline de Almeida Barbosa Franco, Pedro Augusto Bertucci Lima, João Victor Rojas Luiz, Adriano Alves Teixeira, Rosane Aparecida Gomes Battistelle

{"title":"Exploring the Role of Life Cycle Thinking in Developing Supply Chains Aligned With Sustainable Development Goals","authors":"Ana Mariele Domingues, Jacqueline de Almeida Barbosa Franco, Pedro Augusto Bertucci Lima, João Victor Rojas Luiz, Adriano Alves Teixeira, Rosane Aparecida Gomes Battistelle","doi":"10.1002/bsd2.70081","DOIUrl":"https://doi.org/10.1002/bsd2.70081","url":null,"abstract":"<div>\u0000 \u0000 <p>Sustainable Supply Chain Management (SSCM) principles and practices contribute to achieving the Sustainable Development Goals (SDG). However, the role of Life Cycle Thinking (LCT) tools and how they can strengthen the achievement of SSCM-oriented SDG has been little explored. This study aims to review the literature that intersects the themes of SSCM, SDG, and LCT to investigate the role of LCT tools in SSCM-oriented SDG. The dynamic capabilities (DC) perspective is the theoretical lens to understand how organizations can sense, seize, and reconfigure resources to address challenges in dynamic and changeable environments as sustainable supply chains require. A systematic literature review supported by PRISMA protocol and structured content analysis was conducted. The results show that LCT tools can be used to evaluate environmental, social, and economic aspects of just one SDG, or impact categories of each LCT tool can be linked to different SDG. The evaluation of the contribution of SSCM practices to the SDG using LCT tools occurs in two ways: (i) using the results of environmental, social, and economic assessments to analyze the contribution to the SDG qualitatively; (ii) linking impact categories (midpoint and endpoint) and indicators from LCT tools directly to specific indicators, goals, and SDG, which makes the assessment of the contribution clearer. LCT tools provide information to improve the 17 DC that help achieve SSCM-oriented SDG. The role of LCT as an analytical tool for SSCM-oriented SDG requires further investigation. To this end, a research agenda is proposed.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143595326","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

Multinational Corporations and Climate Change: Four Environmental Strategies and Their Impacts on Firm Performance 跨国公司与气候变化：四种环境战略及其对企业绩效的影响

IF 4.8

Business Strategy and Development Pub Date : 2025-03-06 DOI: 10.1002/bsd2.70085

Hwy-Chang Moon, Wenyan Yin, Minji Hong, Dilong Huang

{"title":"Multinational Corporations and Climate Change: Four Environmental Strategies and Their Impacts on Firm Performance","authors":"Hwy-Chang Moon, Wenyan Yin, Minji Hong, Dilong Huang","doi":"10.1002/bsd2.70085","DOIUrl":"https://doi.org/10.1002/bsd2.70085","url":null,"abstract":"<div>\u0000 \u0000 <p>While existing research has examined various factors influencing the ESG–firm performance relationship, firm strategy-related factors remain underexplored. To address this gap, this study introduces two key strategic factors: (1) firm motivation and (2) the relevance of ESG to core business operations. Additionally, we develop a conceptual framework that classifies four environmental response strategies and examines their differential impacts on firm performance. Through a case study of Walmart since the early 2000s, we find that the shift toward active environmental strategies was driven more by reputational and financial challenges than by ethical considerations. Furthermore, Walmart's enhanced integration of environmental initiatives in response to climate challenges reflects a dual objective: sustaining long-term firm growth while mitigating the rising costs of regulatory compliance. This paper complements previous studies on MNCs' environmental engagement by proposing opportunities for creating advantages, rather than viewing it solely as additional costs.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143564596","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

Prioritization of Critical Success Determinants in Corporate Social Responsibility Communication on Social Media: A Best-Worst Method Analysis 社会媒体上企业社会责任传播中关键成功决定因素的优先顺序：最佳-最差方法分析

IF 4.8

Business Strategy and Development Pub Date : 2025-03-06 DOI: 10.1002/bsd2.70089

Monica Sareen, Ritika Mahajan

{"title":"Prioritization of Critical Success Determinants in Corporate Social Responsibility Communication on Social Media: A Best-Worst Method Analysis","authors":"Monica Sareen, Ritika Mahajan","doi":"10.1002/bsd2.70089","DOIUrl":"https://doi.org/10.1002/bsd2.70089","url":null,"abstract":"<div>\u0000 \u0000 <p>This study explores the use of social media (SM) for corporate social responsibility communication (CSR-C), focusing on its effectiveness in engaging stakeholders and enhancing organizational communication. Grounded in Stakeholder Theory and Social Exchange Theory, the research provides a robust theoretical foundation for understanding how CSR-C operates on SM. The primary objective is to identify and prioritize the critical success determinants (CSDs) that influence the efficacy of CSR-C on SM. The study employs a two-step methodology that first identifies nine CSDs through a comprehensive literature review and expert insights. These CSDs are evaluated and ranked using the best-worst method (BWM), an innovative multi-criteria decision-making (MCDM) technique. A tailored online questionnaire, completed by industry experts, facilitated the BWM process, ensuring an expert-driven and precise prioritization of the CSDs. The findings reveal “Sharing Source” as the most influential CSD, emphasizing the importance of credible and trusted sources in disseminating CSR messages. “CSR Co-creation” emerges as the second most critical determinant, highlighting the value of involving stakeholders in designing and promoting CSR initiatives. This research represents a pioneering effort in prioritizing CSDs for CSR-C on SM, offering a structured framework for organizations to enhance their communication strategies. The study underscores the need for strategic content planning, transparency, and interactive engagement to meet the evolving expectations of informed and skeptical stakeholders. By leveraging these insights, organizations can improve the effectiveness of their CSR-C on SM, fostering stronger stakeholder relationships and achieving a more significant impact.</p>\u0000 </div>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"8 1","pages":""},"PeriodicalIF":4.8,"publicationDate":"2025-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143564595","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