Business Strategy and The Environment最新文献

Does It Pay Off to Disclose Sustainability Information? The Effect of ESG Disclosure on ESG Controversies in European Banks

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-25 DOI: 10.1002/bse.4150

Rosella Carè, Paolo Agnese, Massimiliano Cerciello, Simone Taddeo

引用次数: 0

Integrating ESG Factors Into Cost‐Efficiency Frontier: Evidence From the European Listed Banks

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-25 DOI: 10.1002/bse.4140

Carmelo Algeri, Paola Brighi, Valeria Venturelli

{"title":"Integrating ESG Factors Into Cost‐Efficiency Frontier: Evidence From the European Listed Banks","authors":"Carmelo Algeri, Paola Brighi, Valeria Venturelli","doi":"10.1002/bse.4140","DOIUrl":"https://doi.org/10.1002/bse.4140","url":null,"abstract":"This paper provides the first in‐depth analysis of the effects of incorporating environmental, social, and governance (ESG) factors into the cost‐efficiency frontier of banks. Drawing on both shareholder and stakeholder theories, the research addresses the increasing regulatory and market pressures for banks to incorporate ESG components into their operational processes. Using data from 42 European listed banks spanning the 2006–2021 period and a stochastic frontier approach (SFA), the study introduces two novel ESG‐related variables in the stochastic frontier function: (i) a variable measuring the contribution of ESG factors to banking output production and (ii) a variable measuring the risks associated with ESG controversies. Additionally, it evaluates the impact of executive remuneration tied to ESG goals on cost efficiency, addressing a critical gap in the literature. The findings reveal that ESG‐related frontier variables significantly influence the banks' cost function. Furthermore, the results show that banks with a stronger commitment to ESG principles achieve higher cost efficiency in the long term, despite short‐term cost increases associated with ESG investments. Moreover, the results highlight that executive compensation linked to ESG targets negatively affects cost efficiency. By filling these gaps, the paper significantly contributes to the literature, offering valuable insights for bank managers tasked with balancing short‐term costs against long‐term efficiency gains through strategic ESG investments.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"58 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143034959","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}

引用次数: 0

Sustainability Practices Impacts on Supplier Sustainability Risks and Sustainability Performance: An Empirical Study of Brazilian Companies

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-25 DOI: 10.1002/bse.4129

André Luiz Romano, Luis Miguel D. F. Ferreira, Sandra Sofia F. S. Caeiro

{"title":"Sustainability Practices Impacts on Supplier Sustainability Risks and Sustainability Performance: An Empirical Study of Brazilian Companies","authors":"André Luiz Romano, Luis Miguel D. F. Ferreira, Sandra Sofia F. S. Caeiro","doi":"10.1002/bse.4129","DOIUrl":"https://doi.org/10.1002/bse.4129","url":null,"abstract":"This study explores the influence of sustainability practices on supplier sustainability risks and sustainability performance in Brazilian companies, offering key insights into how behavioral and technical practices impact these crucial areas. Data were collected from 152 Brazilian companies across various sectors. The theoretical framework was tested using partial least squares structural equation modeling. The research findings highlight that implementing behavioral sustainability practices has a positive effect on reducing supplier sustainability–related risks and improving overall sustainability performance in supply chains. These practices, focused on fostering sustainable behaviors within organizations and among suppliers, play a critical role in mitigating sustainability risks and enhancing long‐term performance. Unexpectedly, the study did not confirm the predicted relationship between technical sustainability practices and improvements in supplier sustainability–related risks and performance. This surprising result challenges traditional assumptions about the effectiveness of technical practices in improving supply chain sustainability performance. By uncovering the distinct impact of behavioral versus technical sustainability practices, the study provides valuable insights for both researchers and practitioners. It emphasizes the importance of promoting behavioral change to achieve meaningful sustainability outcomes. The findings have practical implications for companies aiming to enhance their sustainability strategies and manage sustainability risks more effectively within their supply chains, making this research a significant contribution to sustainable management and supply chain theory.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"6 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143034961","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}

引用次数: 0

Fostering Sustainable Retail Business Innovations by Understanding Consumer Acceptance of Food Waste Reducing Business Models

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-25 DOI: 10.1002/bse.4147

Lisa Ruetgers, Jordon Lazell, Maureen Meadows, Elizabeth Bos

{"title":"Fostering Sustainable Retail Business Innovations by Understanding Consumer Acceptance of Food Waste Reducing Business Models","authors":"Lisa Ruetgers, Jordon Lazell, Maureen Meadows, Elizabeth Bos","doi":"10.1002/bse.4147","DOIUrl":"https://doi.org/10.1002/bse.4147","url":null,"abstract":"The problem of food waste is increasingly being tackled via revenue‐generating activities such as the retailing of surplus food products. Little scholarly attention has been paid to the role of the consumer in such business models, even though consumers' perceptions and purchasing decisions are crucial to the acceptance of business innovations. This paper puts forward a process framework, informed by convention theory and legitimacy theory, to enhance understanding of ‘how’ consumer acceptance of such business models develops. Applying a multiple case study approach, this research investigates three case studies of ventures in Denmark and the United Kingdom illustrating models of surplus food reselling from retailers and manufacturers to consumers. The findings highlight three processes of acceptance: circumstantial, personal and community benefits and correspondence with social positioning. Aspects of price and convenience were the most influential in legitimising surplus food purchasing. Overall, the study makes an important contribution in demonstrating the market potential of surplus food.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"47 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143035124","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}

引用次数: 0

When Trust and Distrust Come Into Play: How Green Concern, Scepticism and Communication Affect Customers' Behaviour?

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-25 DOI: 10.1002/bse.4144

Libena Tetrevova, Michaela Kotkova Striteska, Ondrej Kuba, Vineeth Prakash, Viktor Prokop

{"title":"When Trust and Distrust Come Into Play: How Green Concern, Scepticism and Communication Affect Customers' Behaviour?","authors":"Libena Tetrevova, Michaela Kotkova Striteska, Ondrej Kuba, Vineeth Prakash, Viktor Prokop","doi":"10.1002/bse.4144","DOIUrl":"https://doi.org/10.1002/bse.4144","url":null,"abstract":"What happens when already sceptical customers start questioning company communication? Encouraged by the vague answers to this question, our study extends existing knowledge about the effects of customers' environmental concern, scepticism and communication on green purchasing intention (GPI) and green purchasing behaviour (GPB) across environmentally controversial industries—namely, textile and clothing and food industries. Using our own primary data collected in November 2023 and covering 1001 customers in the Czech Republic, where the issue of sustainability is generally on the back burner, we show that customers' increased environmental concern can completely change the relationship between environmental scepticism and GPI, thereby leading to positive effects. What is interesting and new is the finding that trust and distrust can act as significant mediators of the relationships investigated thus far. Moreover, as soon as customers start to examine companies' practices and their credibility in more detail, the previously positive relationship between environmental communication and GPI can become negative.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"3 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143034963","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}

引用次数: 0

Greener Pathways, Strategy, and Economic Performance: A Cross‐National Study on European Service SMEs 绿色路径、战略与经济绩效：欧洲服务业中小企业的跨国研究

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-23 DOI: 10.1002/bse.4135

Emidia Vagnoni, Caterina Cavicchi, Michela Borghesi, Edoardo Trincanato, Stefano Bonnini

{"title":"Greener Pathways, Strategy, and Economic Performance: A Cross‐National Study on European Service SMEs","authors":"Emidia Vagnoni, Caterina Cavicchi, Michela Borghesi, Edoardo Trincanato, Stefano Bonnini","doi":"10.1002/bse.4135","DOIUrl":"https://doi.org/10.1002/bse.4135","url":null,"abstract":"Research into how environmental management practices impact firm performance has largely overlooked the service sector's small and medium‐sized enterprises (SMEs). Drawing on industry, resource, and institution‐based strategy perspectives, this study investigates how adopting resource efficiency (RE) practices within the framework of a circular economy (CE) supports European service SMEs in achieving carbon neutrality (CN) and reducing production costs (PCs). The study also examines difficulties in adapting to environmental regulations among adopters, their associated impact on performance, and the importance of having a CN strategy. A combined permutation test conducted on 681 European service SMEs from 35 countries revealed––after controlling for sectoral differences––that SMEs without RE practices within the CE framework faced higher PCs, a critical factor for firm performance. Additionally, transportation and storage SMEs with a CN strategy demonstrated greater adoption of RE practices. Implications for theory, practice, and future research are discussed.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"38 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143020292","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}

引用次数: 0

Correction to “The Synergistic Effect of Green Innovation and Governance in Carbon Neutrality: Insights From Japanese Companies” 更正“绿色创新与碳中和治理的协同效应：来自日本企业的见解”

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-22 DOI: 10.1002/bse.4155

引用次数: 0

Correction to “Using Green Human Resource Management Practices to Achieve Green Performance: Evidence From Italian Manufacturing Context” 更正“使用绿色人力资源管理实践实现绿色绩效：来自意大利制造业背景的证据”

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-22 DOI: 10.1002/bse.4156

引用次数: 0

Implementing Extended Producer Responsibility in Organizations: A Bibliometric Review 在组织中实施延伸生产者责任：文献计量学回顾

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-21 DOI: 10.1002/bse.4145

Mukesh Kripalani, Hasmukh Gajjar, Bipul Kumar

引用次数: 0

Dynamic Capabilities as Enablers for Sustainability‐Oriented Innovation: A Case Study in a Footwear Industry 动态能力作为可持续发展导向创新的推动者：鞋类行业的案例研究

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-01-21 DOI: 10.1002/bse.4141

Cláudia Fabiana Gohr, Bruna Cavalcanti Barros Rodrigues

引用次数: 0