{"title":"Assessing the economic impacts of eco‐innovation strategies across contexts shaped by different institutional and structural pressures","authors":"Beatriz Forés","doi":"10.1002/csr.2958","DOIUrl":"https://doi.org/10.1002/csr.2958","url":null,"abstract":"In the face of escalating environmental challenges, eco‐innovation (EI) has emerged as a crucial strategy for businesses aiming to balance ecological responsibility with economic and social performance. This study explores the impact of various EI strategies on the economic performance of firms, analyzing the contingent effect of both institutional and structural factors in dirty and clean industries. Using data from the Spanish Technological Innovation Panel (PITEC) spanning the period 2009–2016, our findings reveal that context matters for the effectiveness of EI strategies in enhancing economic performance. In stable environments with low institutional pressures, dirty industries benefit from R&D‐centric strategies, whereas in clean industries only efficiency‐centric and ambidextrous strategies yield economic gains. Similarly, in moderate institutional environments, the advantages offered by EI strategies hold for clean and dirty industries; however, ambidextrous EI strategies yield more economic advantages in both industry types. In dynamic environments, proactive strategies such as R&D‐centric and ambidextrous approaches are crucial for both dirty and clean industries. Firms in this situation should thus invest in assets and practices that enhance R&D for EI, as efficiency‐centric strategies are less effective in dynamic contexts. The findings have interesting implications for managers and policymakers, underlining the need for a nuanced approach to supporting and implementing EI initiatives.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Apologize or deny? How companies defend legitimacy of Wall street, Main street, and Market street after corporate misconduct","authors":"Marc Oberhauser, Marcus Conrad, Dirk Holtbrügge","doi":"10.1002/csr.2951","DOIUrl":"https://doi.org/10.1002/csr.2951","url":null,"abstract":"The purpose of this study is to analyze which measures corporations use to defend legitimacy after conducting misconduct and how different stakeholders react to these legitimacy‐defending measures (LDMs). Drawing on legitimacy theory and the concept of thought worlds, we derive hypotheses for three stakeholder groups and two types of corporate misconduct (CM): social‐ and environmental‐related CM and product‐ and service‐related CM. These hypotheses are tested in a sample of 343 cases of CM. Data for these CM were hand‐collected from various corporate publications, newspapers, and websites. We find that investors, customers, and society respond differently to different LDMs and different types of CM. The study contributes a stakeholder‐ and CM‐differentiated approach to legitimacy theory and adds to the literature on corporate misconduct, corporate legitimacy, and stakeholder management.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175599","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Chia‐Yang Chang, Wen‐Min Lu, Irene Wei Kiong Ting, Day‐Yang Liu, Joseph C. P. Shieh
{"title":"Sustainable wins: Exploring the nexus of Environmental, Social and Governance investment and firm efficiency in the gambling industry moderated by business strategy type","authors":"Chia‐Yang Chang, Wen‐Min Lu, Irene Wei Kiong Ting, Day‐Yang Liu, Joseph C. P. Shieh","doi":"10.1002/csr.2952","DOIUrl":"https://doi.org/10.1002/csr.2952","url":null,"abstract":"This study investigates the moderating influence of the business strategy type on the correlation between environmental, social and governance (ESG) investment and efficiency in the gambling industry. By employing the range directional measure–network data envelopment analysis model, this study focuses on a sample of 29 gambling firms in North America, Europe, Asia and Oceania for the period of 2019–2022. Findings show that (i) the gambling industry demonstrates steadily increasing trends in the three ESG pillars; (ii) the gambling firms in Asia outperform their counterparts in North America across the three ESG pillars, and among the industry classifications, the betting operators lead in performance in the ESG pillars; and (iii) the adoption of an aggressive business strategy will enhance the translation of social responsibility investment and governance practices into heightened sustainability efficiency and marketability efficiency, respectively. Overall, this study enriches the ESG investment literature by exploring the moderating role of the business strategy type and provides insights into how diverse business strategies within the gambling industry can shape the outcomes of ESG initiatives. The implications of the findings extend to management teams and offer valuable insights into the interplay between the business strategy type and the ESG–firm efficiency nexus. Policymakers can leverage the results to design regulations and incentives that align with the different strategic profiles adopted by gambling firms to foster the creation of tailored and effective approaches for strengthening their sustainability in the industry.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175600","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
María D. López‐Gamero, José F. Molina‐Azorín, Juan José Tarí, Jorge Pereira‐Moliner
{"title":"Identifying the role of absorptive capacity in the relationship between quality management and sustainability: Evidence from the tourism industry","authors":"María D. López‐Gamero, José F. Molina‐Azorín, Juan José Tarí, Jorge Pereira‐Moliner","doi":"10.1002/csr.2955","DOIUrl":"https://doi.org/10.1002/csr.2955","url":null,"abstract":"Firms need to develop dynamic capabilities to anticipate, adapt and respond to a changing competitive environment. Quality management, absorptive capacity and sustainability can act as dynamic capabilities, helping firms to adapt better and more quickly to new stakeholder demands. Some dynamic capabilities can help develop others. The aim of this paper is to analyse the role of quality management and absorptive capacity as enablers and drivers of environmental, economic and social sustainability development, and to study the mediating role of absorptive capacity in the relationship between quality management and the three dimensions of sustainability. Through structural equation modelling and using data from Spanish hotels, this study adds value to the dynamic capabilities theory by empirically demonstrating that quality management and absorptive capacity, used together, positively influence (directly or indirectly) the environmental, economic and social sustainability of hotels in order to reduce their environmental impact, and improve the social well‐being of stakeholders and the economic development of the region.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142223221","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Elisabet Gómez‐González, Elisa Isabel Cano‐Montero, Jesús Fernando Santos‐Peñalver, Julián Chamizo‐González
{"title":"Disclosure and transparency of sustainability information in Spanish social enterprises: An empirical study of audited special employment centers","authors":"Elisabet Gómez‐González, Elisa Isabel Cano‐Montero, Jesús Fernando Santos‐Peñalver, Julián Chamizo‐González","doi":"10.1002/csr.2947","DOIUrl":"https://doi.org/10.1002/csr.2947","url":null,"abstract":"The research analyzes how certain factors such as activity sector, size, and economic‐financial performance can influence the level of disclosure and transparency of sustainability information in special employment centers. This publication is based on an empirical study applying a quantitative methodology in 194 social economy enterprises with data from 2020. The results confirm that companies that disclose sustainability information do so based on GRI standards and in all areas of sustainability. Belonging to certain activity sectors and size influence the disclosure of sustainability information. Also, the results show that assets, operating income, liquidity and economic profitability have an influence. This research contributes to improving the disclosure and transparency of sustainability information in social economy enterprises and provides indicators on management in sustainability aspects, useful for the analysis of subsidy management.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175602","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Bruna da Silva Santiago, Luiz Felipe Scavarda, Rodrigo Goyannes Gusmão Caiado, Renan Silva Santos, Daniel Luiz de Mattos Nascimento
{"title":"Corporate social responsibility and circular economy integration framework within sustainable supply chain management: Building blocks for industry 5.0","authors":"Bruna da Silva Santiago, Luiz Felipe Scavarda, Rodrigo Goyannes Gusmão Caiado, Renan Silva Santos, Daniel Luiz de Mattos Nascimento","doi":"10.1002/csr.2949","DOIUrl":"https://doi.org/10.1002/csr.2949","url":null,"abstract":"The emergence of Industry 5.0 (I5.0) underscores the importance of integrating sustainability and human‐centricity into organizations. This requires combining corporate social responsibility (CSR) and circular economy (CE) within sustainable supply chain management (SSCM). However, the interplay between CSR, CE, and SSCM remains underexplored, especially in the context of I5.0. Therefore, this article proposes a framework for integrating CSR and CE principles within SSCM, serving as a transition to I5.0. The framework is derived from a comprehensive scoping review and experts' input, with a backdrop of the business legitimacy theory. It comprises several key constructs, including the supply chain structure and promoters, organized around four pillars representing the components of CE and embracing the triple bottom line dimensions. With 12 guidelines, the framework stands as a practical tool for organizations aiming to seamlessly integrate CSR and CE within SSCM, facilitating the transition to I5.0 and promoting a sustainable, socially responsible ethos.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175601","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Enhancing organizational attractiveness through CSR consistency: Examining the impact of corporate hypocrisy, conceptual fluency, and proactive communication in HR recruitment","authors":"Hong‐yan Li, Xianxian Duan, Qiang Fu","doi":"10.1002/csr.2946","DOIUrl":"https://doi.org/10.1002/csr.2946","url":null,"abstract":"Incorporating corporate social responsibility (CSR) into organizational strategies has become essential, demonstrating a dedication to ethical conduct and sustainable practices. This paper investigates how consistency in CSR practices impacts organizational attractiveness. Drawing upon the theory of the continuum model of impression formation, two separate studies were undertaken to investigate the influence of CSR consistency (both consistent and inconsistent CSR) on the appeal of organizations. Besides, these studies aimed to evaluate the mediating roles of conceptual fluency and perceived corporate hypocrisy in this relationship, as well as the moderating effect of two corporate communication strategies (proactive and passive). The study found that perceptions of corporate hypocrisy played a significant mediating role in the link between inconsistent CSR practices and the appeal of an organization. This mediating effect was diminished by the use of proactive communication strategies. In contrast, conceptual fluency was identified as a key mediator in the relationship between consistent CSR practices and organizational attractiveness, with its mediating effect being enhanced by proactive communication strategies. This study makes a novel contribution by focusing on the temporal stability of CSR initiatives and broadens the understanding of whether sustained engagement in CSR activities over time confers greater organizational attractiveness than occasional or random initiatives. This study extends the theory of the relationship between perceived CSR and job seekers and provides guidance and recommendations for CSR activities and HR recruitment practices for companies in the post‐epidemic era.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175603","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Judit Lilla Keresztúri, Edina Berlinger, Ágnes Lublóy
{"title":"Environmental policy and stakeholder engagement: Incident‐based, cross‐country analysis of firm‐level greenwashing practices","authors":"Judit Lilla Keresztúri, Edina Berlinger, Ágnes Lublóy","doi":"10.1002/csr.2945","DOIUrl":"https://doi.org/10.1002/csr.2945","url":null,"abstract":"In this study, we investigate how internal and external monitoring systems can help combat greenwashing. We propose a novel, incident‐based measure to investigate the greenwashing behavior of 1218 large and mid‐cap companies across different industries between 2008 and 2020. These companies are constituents of the MSCI World Index, covering 23 developed market economies. We consider a company to be engaged in greenwashing if it improves its environmental ESG subscore while simultaneously being responsible for severe environmental damage. According to our greenwashing indicator, about 7% of the companies were involved in greenwashing at least once during the 13‐year sample period. The proportion of greenwashing companies is highest in the energy, utilities, and materials industries. We find evidence that both internal and external monitoring mechanisms can be effective in deterring companies from adopting greenwashing strategies. Firms with more independent board members, attracting more attention from the investors, and headquartered in countries where the population is more environmentally aware are significantly less likely to engage in greenwashing. The awareness of the population is a key factor especially in the energy, utility, and material sectors.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Design and evaluation of a blockchain‐based system for increasing customer engagement in circular economy","authors":"Roberto Cerchione","doi":"10.1002/csr.2948","DOIUrl":"https://doi.org/10.1002/csr.2948","url":null,"abstract":"The purpose of this study is to design, develop and evaluate a blockchain platform in the field of circular economy (CE). To achieve this aim, the research demonstrates the feasibility of designing a decentralised architecture and prototyping a distributed system to increase customer engagement in the transition toward CE. Building on previous research and leveraging on the design science research approach, the paper identifies the technical and managerial issues that must be addressed to adopt blockchain as an enabling technology in the CE domain. More in details, starting with the identification of circular sharing economy (CSE) processes, a conceptual framework was designed to evaluate how blockchain implementation has the potential to enhance the role of customers involved in CSE processes. As for the practical implications, the suggested conceptual framework reduces the knowledge gap between blockchain developers and corporate social responsibility specialists. To bridge the gap, it identifies future directions and practical guidelines for designing and implementing blockchain to support the digital and sustainable innovation of more circular firms and supply chains.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175604","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Charlotte Adjanor‐Doku, Florence Yaa Ellis, Emmanuel Affum‐Osei
{"title":"Environmental performance: A systematic review of literature and directions for future studies","authors":"Charlotte Adjanor‐Doku, Florence Yaa Ellis, Emmanuel Affum‐Osei","doi":"10.1002/csr.2931","DOIUrl":"https://doi.org/10.1002/csr.2931","url":null,"abstract":"This review delves into the pressing concerns surrounding environmental performance, addressing the urgent need for action in light of environmental degradation and climate change threats. It surveys existing literature across geographical, industrial, and methodological dimensions, offering conceptual insights and empirical analyses. The study carefully examines factors influencing environmental performance, measurement scales, contextual elements, and intervening factors, exposing gaps and inconsistencies in current research. The analysis advocates for interdisciplinary, long‐term, innovative approaches to assess and enhance environmental performance holistically. It stresses the importance of inclusive strategies involving diverse stakeholders to foster sustainable environmental management. Ultimately, the review emphasizes collaborative efforts among policymakers, industries, communities, and individuals to tackle environmental challenges and promote ecological resilience.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":null,"pages":null},"PeriodicalIF":9.8,"publicationDate":"2024-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}