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Exploring the Impact of Supply Chain Digital Transformation on Supply Chain Performance: An Empirical Investigation
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-29 DOI: 10.1002/bse.4157
Jeetu Rana, Yash Daultani, Mohit Goswami, Sushil Kumar
{"title":"Exploring the Impact of Supply Chain Digital Transformation on Supply Chain Performance: An Empirical Investigation","authors":"Jeetu Rana, Yash Daultani, Mohit Goswami, Sushil Kumar","doi":"10.1002/bse.4157","DOIUrl":"https://doi.org/10.1002/bse.4157","url":null,"abstract":"In an era characterized by rapid technological advancements and global supply chain complexities, Supply Chain Digital Transformation (SCDT) has emerged as a critical enabler of superior Supply Chain Performance (SCP). Grounded in Systems Theory and Digital Empowerment Theory, this study explores the mechanisms through which SCDT enhances SCP, emphasizing the mediating roles of Supply Chain Integration (SCI), Agility (SCA), and Resilience (SCRes). Employing a mixed‐methods approach, the research integrates insights from semi‐structured interviews with a survey‐based methodology, validated through Partial Least Squares Structural Equation Modeling (PLS‐SEM). The findings reveal that SCDT significantly enhances SCP, both directly and indirectly, by fostering integration, agility, and resilience within supply chains. The study also points to many novel findings, for instance, advanced digital adopters and larger firms experience more pronounced impacts of SCDT on SCP than recent adopters and smaller counterparts. This research offers theoretical contributions by integrating dual theoretical perspectives to provide a holistic understanding of SCDT's impact on SCP and practical implications for organizations operating in dynamic and uncertain environments. By situating its findings within the context of Indian manufacturing, the study extends the discourse on digital transformation to emerging economies, highlighting the transformative potential of digital technologies in building resilient and agile supply chains.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"67 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143056245","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
Does Societal Trust Reduce Greenwashing? International Evidence
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-29 DOI: 10.1002/bse.4126
Md Ismail Haidar
{"title":"Does Societal Trust Reduce Greenwashing? International Evidence","authors":"Md Ismail Haidar","doi":"10.1002/bse.4126","DOIUrl":"https://doi.org/10.1002/bse.4126","url":null,"abstract":"I investigate the influence of societal trust on greenwashing. Utilizing the ESG controversies score as a proxy for greenwashing, this research finds that firms in high‐trust societies engage in fewer greenwashing activities. The effect is less pronounced for firms in countries with strong formal institutions, consistent with the notion that societal trust works as a substitute for country‐level formal institution. However, the effect is more pronounced for highly visible firms. This study highlights three potential mechanisms through which societal trust reduces greenwashing practices: enhanced firm reputation, improved accounting transparency, and stronger stakeholder engagement. Overall, these findings underscore the significant role of societal trust in mitigating corporate greenwashing and fostering sustainable business practices.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"68 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143056246","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
ESG‐Firm Performance Nexus: Evidence From an Emerging Economy
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-29 DOI: 10.1002/bse.4152
Ajithakumari Vijayappan Nair Biju, Sreelekshmi Geetha, Salu Prasad, Aghila Sasidharan, Ambili Jayachandran
{"title":"ESG‐Firm Performance Nexus: Evidence From an Emerging Economy","authors":"Ajithakumari Vijayappan Nair Biju, Sreelekshmi Geetha, Salu Prasad, Aghila Sasidharan, Ambili Jayachandran","doi":"10.1002/bse.4152","DOIUrl":"https://doi.org/10.1002/bse.4152","url":null,"abstract":"Firms worldwide are strengthening environmental, social and governance (ESG) factors, indicating a bidirectional association between financial and non‐financial performance. Understanding the ambiguity around the predictors of the firm's ESG performance, we attempt to reappraise the ESG‐ firm performance (FP) linkage using the firms indexed in the NIFTY 100 ESG index spanning 2014 to 2023. Our findings highlight that market forces significantly influence firms' ESG performance; however, in emerging economies, the direct relationship between ESG and FP appears to be insignificant. Surprisingly, corporate governance positively moderates the ESG–FP linkage, strengthening this association. Among the four proxies for market forces, the Volatility Index (VIX) shows a significant impact, where higher market volatility is associated with improved ESG performance, and lower volatility corresponds to weaker ESG performance. Conversely, the World Uncertainty Index (WUI) exhibits a negative significance, suggesting that higher WUI adversely affects the ESG performance of firms in emerging economies, while lower WUI has a favourable effect. Green bonds have a positive and significant effect on overall ESG performance and on social and governance dimensions; however, their influence on environmental performance is not significant, raising concerns about potential greenwashing trends. Strikingly, our findings indicate that emerging economy firms do not consider systematic risk, suggesting that investors' risk perceptions remain unchanged regardless of whether firms over‐ or under‐invest in ESG initiatives. Our research calls for greater attention to policymakers by providing accurate reasonings for the ESG performance of emerging economy firms.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"15 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143054824","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
A Journey From Traditional Supply Chain Processes to Sustainability‐Oriented Blockchain Supply Chain: The Critical Role of Organizational Capabilities
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-29 DOI: 10.1002/bse.4159
Mohammad Rashed Hasan Polas, Asghar Afshar Jahanshahi, Mohammad Ekramol Islam, Ahmed Imran Kabir, Abu Saleh Md. Sohel‐Uz‐Zaman, Abdullah Al Fahad
{"title":"A Journey From Traditional Supply Chain Processes to Sustainability‐Oriented Blockchain Supply Chain: The Critical Role of Organizational Capabilities","authors":"Mohammad Rashed Hasan Polas, Asghar Afshar Jahanshahi, Mohammad Ekramol Islam, Ahmed Imran Kabir, Abu Saleh Md. Sohel‐Uz‐Zaman, Abdullah Al Fahad","doi":"10.1002/bse.4159","DOIUrl":"https://doi.org/10.1002/bse.4159","url":null,"abstract":"Blockchain technology has a great potential to transform how businesses approach sustainability by offering transparency, efficiency, and accountability across various processes. By adopting blockchain, businesses can not only meet growing consumer and regulatory demands for sustainability but also create competitive advantages by promoting resource efficiency, fostering trust, and building eco‐conscious operations. Building on dynamic capabilities lens within the resource‐based view (RBV) framework, and in order to know about antecedents and consequences of blockchain technology adoption, this study investigates how three types of organizational capabilities—namely, innovation capability, information‐sharing capability, and technological capability—may facilitate the blockchain technology adoption and most importantly, how such adoption could impact firm performance. To test our research hypotheses, we collected survey data from 198 electronics companies in Dhaka, Bangladesh. The structural equation modelling has been used to test the model hypothesis. The findings showed that all three organizational capabilities—innovation capability, information‐sharing capability, and technological capability—significantly facilitate blockchain technology adoption, which in turn leads to enhanced firm performance in small‐ and medium‐sized enterprises, demonstrating the strategic value of blockchain in driving sustainability and competitiveness in electronics companies.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"7 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143056248","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 Does Collaborating With Green Influencers Backfire? An Experimental Analysis of how Authenticity Components Shape Consumer Reactions to Sponsored Content
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-28 DOI: 10.1002/bse.4143
Gaia Giambastiani, Stefano Romito, Clodia Vurro
{"title":"When Does Collaborating With Green Influencers Backfire? An Experimental Analysis of how Authenticity Components Shape Consumer Reactions to Sponsored Content","authors":"Gaia Giambastiani, Stefano Romito, Clodia Vurro","doi":"10.1002/bse.4143","DOIUrl":"https://doi.org/10.1002/bse.4143","url":null,"abstract":"This study explores the role of perceived authenticity in shaping the persuasiveness of sponsored content by green influencers. We examine how variations in the importance of six authenticity component judgments—accuracy, connectedness, integrity, legitimacy, originality, and proficiency—influence consumers' intentions to change their behavior following green influencers' advice in the case of sponsored and nonsponsored content. To this end, we conducted an experiment with 486 active social media users who follow at least one green influencer. Results indicate that, although sponsored content typically diminishes the intent to follow green influencer advice, this effect is contingent upon the relative importance attributed to the authenticity components by consumers. Further, cluster analysis identified distinct consumer segments that vary in their response to sponsored content based on their perceptions of authenticity. We offer guidance to green influencers and companies on how to authentically tailor their sustainable collaborations.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"10 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143054834","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
Segmenting Hotel Guests' Behavior: Insights for Developing Effective Water Conservation Programs
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-28 DOI: 10.1002/bse.4160
Franco M. Sancho‐Esper, Ricardo Sellers‐Rubio, Ana Belen Casado‐Diaz, Fernando Campayo‐Sanchez, Carla Rodriguez‐Sanchez, Carolina Sanchez
{"title":"Segmenting Hotel Guests' Behavior: Insights for Developing Effective Water Conservation Programs","authors":"Franco M. Sancho‐Esper, Ricardo Sellers‐Rubio, Ana Belen Casado‐Diaz, Fernando Campayo‐Sanchez, Carla Rodriguez‐Sanchez, Carolina Sanchez","doi":"10.1002/bse.4160","DOIUrl":"https://doi.org/10.1002/bse.4160","url":null,"abstract":"This research underscores the need to modify tourists' behaviors to ensure sustainable water usage in high‐demand destinations. In‐room water conservation of 681 hotel guests was analyzed based on habit, effort, and enjoyment theory (HEET). The analysis reveals four distinct guest clusters based on a combination of cognitive, affective, automated behavior, and consumer identity variables. Water conservation behaviors and attitudes ranged from those of “<jats:italic>Environmentally conscious tourists</jats:italic>,” who exhibited strong conservation efforts and low hedonic motivations, to those of “<jats:italic>Pleasure‐seeking tourists</jats:italic>,” who prioritized pleasure over sustainability. The segmentation analysis used the Gaussian finite mixture model for clustering, providing insights into how to tailor social marketing interventions to promote water conservation behavior among guests. This novel segmentation approach fills a gap in the literature by considering non‐cognitive and habitual behaviors. It also provides a practical framework for designing more effective environmental strategies in tourism, particularly in water‐stressed areas.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"37 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143054836","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
From Demand to Impact: Can Sustainable Banking Services Advance UN Sustainable Development Goals?
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-28 DOI: 10.1002/bse.4142
Shilpa Taneja, Ahsan Siraj, Kaliyan Mathiyazhagan, Sangeeta Khorana
{"title":"From Demand to Impact: Can Sustainable Banking Services Advance UN Sustainable Development Goals?","authors":"Shilpa Taneja, Ahsan Siraj, Kaliyan Mathiyazhagan, Sangeeta Khorana","doi":"10.1002/bse.4142","DOIUrl":"https://doi.org/10.1002/bse.4142","url":null,"abstract":"In response to growing climate change debate and sustainability concerns, business organizations must adopt relevant sustainable strategies aligning with the United Nations Sustainable Development Goals (UN‐SDGs). Extant research examines integration of sustainability in banking and finance, but demand‐side mechanisms influencing sustainable banking remain underresearched. With a mixed‐method approach, we analyse how consumers' adoption of sustainable banking services can be augmented in order to contribute to the SDG attainment. We develop a model that integrates theory of planned behaviour (TPB), value‐belief‐norm, and goal framing theory. Using focus group discussions and structural equation modelling, the results indicate that TPB variables, environment‐specific factors and altruistic values significantly influence adoption behaviour, with interesting mediating effects. We highlight the moderating role of biospheric, altruistic and hedonic values on linkage between intentions and behaviour. The study provides a comprehensive framework to assess demand‐side perspective of sustainable banking and offers insights to managers and policymakers on strategies for promoting these services for sustainable development.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"45 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143054829","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 “Enabling Organizations to Strategically Manage Risks in Circular Supply Chains”
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-27 DOI: 10.1002/bse.4177
{"title":"Correction to “Enabling Organizations to Strategically Manage Risks in Circular Supply Chains”","authors":"","doi":"10.1002/bse.4177","DOIUrl":"https://doi.org/10.1002/bse.4177","url":null,"abstract":"","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"35 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143049807","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
Are Environmentally Sensitive Firms More Likely to Release Corporate Environmental Disclosures? Evidence From Environmental Risk Management
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2025-01-27 DOI: 10.1002/bse.4158
Chune Young Chung, Incheol Kim, Rong Yang
{"title":"Are Environmentally Sensitive Firms More Likely to Release Corporate Environmental Disclosures? Evidence From Environmental Risk Management","authors":"Chune Young Chung, Incheol Kim, Rong Yang","doi":"10.1002/bse.4158","DOIUrl":"https://doi.org/10.1002/bse.4158","url":null,"abstract":"This study examines the environmental risk management practices of US firms operating in environmentally sensitive industries. Using two proxy variables for ex ante environmental policy risk—firm‐level toxic chemical emissions and climate‐related keywords in annual financial statements—we demonstrate that firms facing high ex ante environmental policy risk tend to increase the frequency and length of their voluntary sustainability reports. Additionally, we find that proactive sustainability disclosures significantly mitigate firm‐level systematic risk (beta) and associated litigation risk. This risk reduction is more pronounced among firms with substantial green innovations and stronger corporate governance practices. Overall, this study highlights the causes and consequences of voluntary sustainability reports, focusing on how environmentally sensitive firms manage environmental risk through these publications.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"6 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143049968","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
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
{"title":"Does It Pay Off to Disclose Sustainability Information? The Effect of ESG Disclosure on ESG Controversies in European Banks","authors":"Rosella Carè, Paolo Agnese, Massimiliano Cerciello, Simone Taddeo","doi":"10.1002/bse.4150","DOIUrl":"https://doi.org/10.1002/bse.4150","url":null,"abstract":"This paper empirically investigates the relationship between specific dimensions of ESG disclosure and ESG controversies. We analyze an unbalanced panel sample of European banks between 2015 and 2022, implementing the GMM‐SYS version of the Arellano‐Bond estimator for dynamic panels. The study results indicate that banks disclosing full information are more likely to face scandals. In addition, EU membership has a positive impact on the ESG controversies. Overall, our research suggests that while transparency is intended to enhance accountability, it may also lead to heightened scrutiny and the exposure of more controversies. Our study, therefore, sheds new light on current knowledge on ESG disclosure and controversies, integrating theoretical, practical, policy, and investor perspectives.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"38 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143035123","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
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