{"title":"Personality traits and circular business models: Fostering consumer engagement with circular economy","authors":"Sofia Gomes","doi":"10.1002/bse.4057","DOIUrl":"https://doi.org/10.1002/bse.4057","url":null,"abstract":"<jats:label/>Despite the growth of the circular economy in the last decade, consumer participation, particularly in circular business models, has still been little explored. Engaging consumers in the circular economy requires not only awareness but also a shift in behavior and mindset toward circularity. Based on the Meta‐Theoretic Model of Motivation and Personality (3 M Model), we explore the role of the big five personality traits as drivers of consumer engagement in a circular economy and their willingness to participate in the circular business model. To this end, we collected a sample of 489 Portuguese consumers, and the Partial Least Square method was applied to the formulated research model. The results demonstrate that personality traits directly affect consumer engagement with the circular economy but not willingness to participate in the circular business model. Engaging with the circular economy in advance is necessary for consumers' personality traits to influence their willingness to participate in the circular business model. Furthermore, this association is stronger if consumers are women and young people. This study contributes to the extension of the 3 M Model to circular consumer behavior and the multidimensionality of the concept of consumer engagement. Furthermore, the results demonstrate that consumers' greater willingness to participate in a circular business model depends on their personality and engagement with the circular economy, allowing companies and policy‐makers to adopt measures to promote the active role of the consumer in the circular economy.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"98 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142637138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Advancing corporate sustainability via big data analytics, blockchain innovation, and organizational dynamics—A cross‐validated predictive approach","authors":"Youli Xu, Muddassar Sarfraz, Jianmin Sun, Larisa Ivascu, Ilknur Ozturk","doi":"10.1002/bse.4056","DOIUrl":"https://doi.org/10.1002/bse.4056","url":null,"abstract":"In today's business landscape, the paramount focus of firms is to achieve advanced corporate sustainability. This objective has led to the development of big data analytics, reliable big and cloud data analytics capabilities, and blockchain technology as powerful tools worldwide that have helped firms increase sustainable performance. Capitalizing on these technologies, this study provides new insight into the role data‐driven competitive sustainability, data‐driven culture, and organizational management information in steering firms' performance. Using a quantitative research approach, data was collected through a structured survey administered to managers and IT professionals across various industries. The relationships between the variables were analyzed using structural equation modeling (SEM), confirming that all proposed hypotheses were supported. The results demonstrate the significant positive impact of big data analytics capabilities, reliable big and cloud data analytics capabilities, and blockchain technology on corporate sustainable performance and data‐driven competitive sustainability. Furthermore, data‐driven competitive sustainability was found to mediate the relationships between BDA, RBCDA, blockchain technology, and corporate sustainable performance. Additionally, OMIS‐fit and data‐driven culture were identified as critical moderators that enhance the effects of these technological capabilities on competitive sustainability and corporate performance. These findings provide valuable insights for organizations seeking to leverage advanced technological capabilities to achieve a sustainable competitive advantage in emerging economies.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"75 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142642554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nidhi Yadav, Sunil Luthra, Dixit Garg, Sanjeet Singh
{"title":"Development of a framework for blockchain technology‐based net zero strategies in the agriculture supply chain: A TISM and Grey‐DEMATEL approach","authors":"Nidhi Yadav, Sunil Luthra, Dixit Garg, Sanjeet Singh","doi":"10.1002/bse.4054","DOIUrl":"https://doi.org/10.1002/bse.4054","url":null,"abstract":"The Agriculture Supply Chain (ASC) faced significant pressure to implement Net‐Zero Strategies (NZSs) from consumer organizations, social and environmental campaigners, agro‐based businesses, and legislators. Blockchain Technology (BCT) has been introduced to tackle the current challenges in the ASC, due to its ability to improve food security, lower waste, and reduce carbon dioxide emissions. Therefore, this research is conducted to identify the enablers of BCT implementation for NZSs in the Indian ASC. We use an integrated “TISM‐Grey‐DEMATEL‐Fuzzy MICMAC\" approach to stimulate identified enablers. TISM results indicate that Transparency and Traceability are the most important enablers that drive other enablers and are placed at the bottom of the model. Grey‐DEMATEL results indicate that traceability is the most important cause enabler which drives other enablers and is classified into independent enablers based on MICMAC clustering. The interaction between enablers will support the ASC specialist in persuading firms to implement BCT in their supply chains to incorporate NZSs. At the end of this paper, to establish the groundwork for additional research studies, the unique contributions and limitations of this research are highlighted.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"17 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2024-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142642552","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"RETRACTION: The impact of sustainable development strategy on sustainable supply chain firm performance in the digital transformation era","authors":"","doi":"10.1002/bse.3979","DOIUrl":"10.1002/bse.3979","url":null,"abstract":"<p><b>RETRACTION</b>:\u0000 <span>K. Nayal</span>, <span>R. D. Raut</span>, <span>V. S. Yadav</span>, <span>P. Priyadarshinee</span> and <span>B. E. Narkhede</span>, “ <span>The Impact of Sustainable Development Strategy on Sustainable Supply Chain Firm Performance in the Digital Transformation Era</span>,” <i>Business Strategy and the Environment</i> <span>31</span>, no. <span>3</span> (<span>2022</span>): <span>845</span>–<span>859</span>, https://onlinelibrary.wiley.com/doi/10.1002/bse.2921</p><p>The above article, published online on 26 October 2021 in Wiley Online Library (wileyonlinelibrary.com), and a corresponding Corrigendum, published on 21 April 2024 (https://doi.org/10.1002/bse.3783), has been retracted by agreement between the journal Editor-in-Chief, Richard Welford; ERP Environment; and John Wiley & Sons Ltd. The retraction has been agreed due to errors in the statistical analysis presented in Table 4. Despite the previously produced Corrigendum, errors are still evident. The authors provided an explanation; however, this was not regarded as satisfactory. As a result, the editors consider the results and conclusions in this article unreliable. The authors disagree with the retraction.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7688"},"PeriodicalIF":12.5,"publicationDate":"2024-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3979","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142384043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Responsible research and innovation: An ambidexterity lens of generalized and specialized responsibilities","authors":"Liang Mei, Nana Zhang, Alexander Brem","doi":"10.1002/bse.3883","DOIUrl":"10.1002/bse.3883","url":null,"abstract":"<p>The incompatibility between diverse responsible principles of science and technology (S&T) and multi-stakeholders' heterogeneous value assessments underscores the importance of coordinating normative principles of responsible research and innovation (RRI). In this context, this study adopts an ambidexterity lens to address this issue, conceptualizing two constructs—“generalized responsibility” and “specialized responsibility” of S&T (GRST and SRST)—to illustrate the trade-offs. It explores the antecedents of GRST and SRST from an agency perspective. Drawing from a dataset of 19,707 poll responses, the study employs a fractional logit regression model to examine the relationships between three types of agency (iterational agency, strategic agency, and ethical agency) and GRST and SRST. The results reveal a positive relationship between iterational agency and SRST, and between strategic agency and GRST, as well as U-shaped effects of iterational agency on GRST, strategic agency on SRST, and ethical agency on both GRST and SRST. Moreover, ethical agency is found to be more important for SRST than for GRST. The study offers theoretical and policy implications for a critical discussion about responsible innovation.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7670-7687"},"PeriodicalIF":12.5,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141755222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Lahandi Baskoro, Benny Tjahjono, Macarena Beltran, Anna Bogush, Rayenda Khresna Brahmana
{"title":"Exploring the efficacy of ecolabels as a marketing strategy: Insights from the emerging bioplastic packaging market","authors":"Muhammad Lahandi Baskoro, Benny Tjahjono, Macarena Beltran, Anna Bogush, Rayenda Khresna Brahmana","doi":"10.1002/bse.3891","DOIUrl":"10.1002/bse.3891","url":null,"abstract":"<p>The packaging industry's significant role in plastic production and environmental pollution underscores the need for more sustainable alternatives. Bioplastics emerge as a promising solution, yet consumer understanding of this innovative material often lags, particularly in emerging markets. This study thus aims to explore effective marketing strategies for communicating bioplastic packaging to shape consumer adoption and disposal practices in such markets. Through a case study approach, we examine the role of ecolabels as a marketing tool across key sectors of the bioplastic packaging supply chain. Drawing upon the signalling theory, we identify key characteristics of effective signals, including costly signalling, visibility, clarity, fitness, consistency and credibility, which should be integrated into a broader context of ecolabels design in order to encourage consumer adoption and responsible disposal. Our study also identifies instances where noises from the environment may have little impact and where communication gaps hinder feedback loops between consumers and producers.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7651-7669"},"PeriodicalIF":12.5,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3891","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141755219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sofia Garcia-Torres, Marta Rey-Garcia, Josune Sáenz
{"title":"Enhancing sustainable supply chains through traceability, transparency and stakeholder collaboration: A quantitative analysis","authors":"Sofia Garcia-Torres, Marta Rey-Garcia, Josune Sáenz","doi":"10.1002/bse.3884","DOIUrl":"10.1002/bse.3884","url":null,"abstract":"<p>Traceability and transparency are essential for sustainability in complex global supply chains (SCs), but they remain elusive goals in practice. Scholars and practitioners consistently advocate collaboration amongst SC stakeholders as a means of enhancing them, yet little is known regarding their interrelation and contribution to sustainability. We adopt the SC practice-based view (SCPV) to propose and test an explanatory model elucidating how to deploy collaboration, traceability and transparency to achieve triple bottom line (TBL) performance within global SCs. Focusing on the paramount example of complex fashion-apparel SCs, we analyse the insights gained from 139 suppliers—typically ignored in favour of focal firms—using Partial Least Squares Structural Equations Modelling. Our results provide a concrete battery of not-necessarily complex or inimitable activities empirically proven to help put traceability and transparency into practice to achieve TBL performance. The SCPV approach contends that everyday practices, activities and relationships amongst SC stakeholders underpin TBL performance.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7607-7629"},"PeriodicalIF":12.5,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3884","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141755221","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Chief executive officer narcissism, power and sustainable development goals reporting: An empirical analysis","authors":"Benjamin Awuah, Hany Elbardan, Hassan Yazdifar","doi":"10.1002/bse.3889","DOIUrl":"10.1002/bse.3889","url":null,"abstract":"<p>Grounded in both agency and upper echelons perspectives, this paper examines the effects of chief executive officer (CEO) narcissism and power on corporate reporting on the Sustainable Development Goals (SDGs). We theorise that CEOs' narcissistic tendencies and power will influence their firms' SDGs engagement and reporting practices. We also examine whether SDGs reporting affects firm performance. Based on a sample of FTSE 100 companies for the period 2018–2022, we test our ideas using generalised estimating equations. The results show that CEO narcissism is positively related to SDGs reporting; however, this effect is weaker in firms led by older narcissistic CEOs. Further, CEO power is negatively associated with SDGs reporting, suggesting that firms led by powerful CEOs are reluctant to integrate the SDGs. Finally, corporate SDGs reporting lacks any value-enhancing effect on firm performance, supporting the symbolic perspective of sustainability management. Our results contribute to the literature on SDGs accounting and enrich our understanding of the underlying dynamics shaping corporate disclosure practices.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7630-7650"},"PeriodicalIF":12.5,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3889","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141755223","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Developing and testing a Tool for Rapid Assessment of Sustainability in Organisations","authors":"Rodrigo Lozano, María Barreiro-Gen","doi":"10.1002/bse.3875","DOIUrl":"10.1002/bse.3875","url":null,"abstract":"<p>Assessment and reporting has been recognised as one of the key drivers for sustainability in organisations; however, most organisations' reports fall short of sustainability guidelines and the available sustainability assessment and reporting (SAR) frameworks have been limited by several issues. The aim of this paper is to develop and test a rapid sustainability in organisations framework that includes all the sustainability dimensions and their interactions using a manageable number of indicators. A survey was developed to investigate the impacts and contribution of organisations to sustainability, where 224 full responses were obtained. The responses were analysed using descriptive analysis, Friedman tests, analyses of variance, ratio analyses, and correlations. The results show that organisations still address sustainability through compartmentalisation and skewed to the social dimension of sustainability. The results also show that the understanding of SAR in practice in organisations is more advanced regarding sustainability interrelations than the available frameworks and theoretical discourses. The ratio analyses provide a more complete understanding than a ranking analysis. Easier and faster SAR can help better address the dimensions of sustainability and their interrelations, as well as the positive and negative contributions, in order to avoid reinforcing limited and incomplete sustainability efforts. The proposed framework (Tool for Rapid Assessment of Sustainability in Organisations [TRASO]) can serve as a first step for organisations to detect strong and weak points in their sustainability efforts by providing a rapid, balanced and holistic assessment of sustainability issues, which can, in turn, help in the decision-making process in becoming more sustainable.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7590-7606"},"PeriodicalIF":12.5,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141732629","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does ESG performance impact value and risk-taking by commercial banks? Evidence from emerging market economies","authors":"Mayank Gangwani, Smita Kashiramka","doi":"10.1002/bse.3882","DOIUrl":"10.1002/bse.3882","url":null,"abstract":"<p>The study examines the impact of environmental, social, and governance (ESG) performance on the value and risk-taking behavior of listed commercial banks in emerging market economies (EMEs). The study analyzes a comprehensive sample of 178 commercial banks listed in the top 20 emerging markets from 2015 to 2021. The study employs the System generalized method of moments (GMM) with Arellano-Bond estimation to address the endogeneity issue. The results indicate that banks with higher ESG disclosure scores are linked to reduced risks for commercial banks such as insolvency, leverage, and liquidity risks, in line with shareholder theory. Furthermore, the results demonstrate that sample banks with higher ESG disclosure scores show better accounting (ROE and ROA) and market (Tobin's Q) performance, supporting both agency theory and resource-based theory. The robustness tests validate the consistency of the results.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7562-7589"},"PeriodicalIF":12.5,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141730565","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}