{"title":"What drives responsible consumption in collectivistic developing countries? An analysis of Vietnamese consumers' motivations with value–belief–norm theory","authors":"Thuy-Phuong Nguyen, Sihem Dekhili","doi":"10.1002/bse.3879","DOIUrl":"10.1002/bse.3879","url":null,"abstract":"<p>This study explores the motivations driving responsible consumption in Vietnam, a collectivistic and populous Asian developing country. Specifically, on the basis of value-belief-norm (VBN) theory, it focuses on the direct effects of personal values (biospheric, altruistic, and egoistic values) on green product purchase intent. The empirical collectivistic cultural context of Vietnam was utilized, with data collected from 806 consumers across 35 cities. The study reveals that biospheric values predominantly drive purchase intent for green products; however, the magnitude of egoistic values, particularly health concerns, varies significantly across product categories. Regarding altruistic values, they do not appear to be salient among Vietnamese consumers. Additionally, the environmental motive can act as a mediator between health motive and purchase intent. This indirect effect is particularly strong in the case of organic food. Based on these findings, the authors derive managerial and academic implications.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7527-7543"},"PeriodicalIF":12.5,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141830323","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":"Strategic integration of environmental sustainability in inland logistics: A multi-criteria decision-making approach","authors":"Jędrzej Charłampowicz, Cezary Mańkowski, Tarik Saikouk","doi":"10.1002/bse.3885","DOIUrl":"10.1002/bse.3885","url":null,"abstract":"<p>This study develops a reference model for managing inland logistics operations with a focus on environmental sustainability. As global supply chains face the imperative of integrating environmental practices, inland logistics operators are pivotal in this transition. Utilizing fuzzy-DEMATEL analysis, the research identifies key management concepts and their interrelationships, highlighting strategic and operational management as the most significant. The approach distinguishes between causal and effectual concepts, prioritizing actions and resources for a dynamic management system.</p><p>Actionable strategies derived from the findings prompt inland logistics operators to focus on process management as a primary tool for implementing strategic objectives. The model suggests that environmental management, while critical, is not perceived as a priority in Polish inland transport, indicating a potential area for further development. The study's practical implications underscore the need for logistics operators to integrate this reference model, enhancing operational efficiency and addressing environmental standards.</p><p>Theoretically, the research enriches logistics management literature by offering a robust framework that operationalizes management concepts within inland logistics. By advancing the methodological application of fuzzy-DEMATEL, the study provides a new lens for examining management dynamics. The reference model's emphasis on environmental sustainability contributes to the theoretical understanding of sustainable logistics practices.</p><p>In sum, the research offers a comprehensive framework for inland logistics operators, balancing environmental sustainability with operational efficiency. It serves as a guide for future research and practical application, setting a new direction for sustainable logistics management.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7544-7561"},"PeriodicalIF":12.5,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141726159","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":"The local range of natural cosmetics: Consumer perceptions and assessments in Germany","authors":"Julia Ruf, Klaus Menrad, Agnes Emberger-Klein","doi":"10.1002/bse.3862","DOIUrl":"10.1002/bse.3862","url":null,"abstract":"<p>Natural cosmetics offer the opportunity to reduce the environmental burden caused by the consumption of cosmetic products. This qualitative study analyzes the local range of natural cosmetics and related consumer perceptions and assessments in two case cities in Germany by applying a mixed-method approach of store checks and the photovoice method. Results of the study show that there is only a limited match of the actual range and consumer perception for some types of retail businesses and a mismatch for product categories. Additionally, participants showed little awareness of the most common natural cosmetic certifications. Consumer assessments about the range of natural cosmetics were influenced by factors such as the arrangement of products in the shops and consumers' experience and knowledge about natural cosmetic brands. Retailers can use the study results in arranging natural cosmetics accordingly; companies can use it to emphasize branding, and policy-makers can increase consumer knowledge about natural cosmetics.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7462-7478"},"PeriodicalIF":12.5,"publicationDate":"2024-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3862","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141726160","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}
Chengbin Qin, Aimaitijiang Ailikamujiang, Tao Jing
{"title":"How green entrepreneurial orientation leads to business success? A resource base and resource dependency perspectives","authors":"Chengbin Qin, Aimaitijiang Ailikamujiang, Tao Jing","doi":"10.1002/bse.3877","DOIUrl":"10.1002/bse.3877","url":null,"abstract":"<p>This study investigates the impact of green entrepreneurial orientation (GEO) on firm performance through green innovation and green entrepreneurship image with the moderating influence of green value co-creation. In recent years, the incorporation of sustainability and entrepreneurship into company plans has gained significance, and understanding the processes through which these aspects effect firm outcomes is critical. This study employed survey methodology to collect data from the Chinese manufacturing firms. The analysis was done on 383 finalized responses through SPSS and AMOS. The findings show that GEO has a positive impact on firm performance through green innovation and green entrepreneurship image. Furthermore, green value co-creation moderates the relationship between GEO and green innovation, suggesting the importance of external stakeholders in facilitating the firm GEO. This study emphasizes the multidimensional nature of the link between GEO and firm performance, emphasizing the significance of taking both mediating and moderating factors into account. It adds to the growing body of knowledge on sustainability, entrepreneurship, and corporate success by offering a comprehensive framework that captures the subtle interplay of these elements. The findings have implications for firms looking to capitalize on the benefits of GEO and green innovation while also acknowledging the need of collaborative value co-creation in gaining long-term competitive advantage.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7511-7526"},"PeriodicalIF":12.5,"publicationDate":"2024-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141832361","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":"Scaling up a circular business model for remanufacturing: A case study of a sustainable value creation strategy for the white goods industry","authors":"Franzè Claudia, Paolucci Emilio, Ravetti Chiara","doi":"10.1002/bse.3873","DOIUrl":"10.1002/bse.3873","url":null,"abstract":"<p>Because of the ever-increasing pressure on producers to adopt environmentally responsible industrial practices, remanufacturing has emerged as a key strategy to address the challenges of resource conservation and waste reduction. In this paper, we address a conspicuous research gap regarding innovative and large-scale circular solutions in the form of <i>remanufacturing systems</i>. We investigate how the private sector can build widespread remanufacturing networks to handle waste from the appliance industry. Starting from a successful case study of a leading Italian distributor of spare parts, our analysis expands their existing business model and inductively develops an original framework for regional remanufacturing. Our resulting model encompasses a centralised hub specialised in high-tech data management and supply-chain logistics, coupled with two tiers of remanufacturing labs and repairers, diffusing triple-bottom-line benefits throughout the local territory. We discuss the generalisability of such a centralised/decentralised model and propose avenues for the policy support of systemic circular innovations.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7479-7510"},"PeriodicalIF":12.5,"publicationDate":"2024-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3873","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141631495","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":"Mitigating excessive financialization or promoting innovation? Productivity effects of China's carbon emission trading scheme","authors":"Fang Qu, Wensen She, Ding Li, Biao Zheng, Khaldoon Albitar","doi":"10.1002/bse.3876","DOIUrl":"10.1002/bse.3876","url":null,"abstract":"<p>The success of the carbon emissions trading scheme (ETS) in fostering a mutually beneficial outcome for both the economy and the environment depends on its ability to enhance total factor productivity (TFP). We investigate the diverse implementation of this market-based environmental policy across Chinese provinces using a staggered Difference-in-Differences model. Our study delves into the mechanisms of the ETS, particularly focusing on financialization and innovation, utilizing listed companies in Chinese stock markets as our research sample spanning from 2009 to 2022. Our analysis shows several key findings: (1) ETS facilitates the growth of TFP in micro-firms, positively influencing other listed companies within the same sector and city. However, its impact on TFP is notably weaker in regions with robust environmental information disclosure and stringent environmental regulations. (2) The ETS helps alleviate resource misallocation stemming from excessive financialization of firms, prompting them to reallocate investments from financing activities to production and operation activities, thus enhancing TFP. (3) Contrary to expectations, the ETS does not directly influence TFP through enhancing firm innovation ability; instead, it encourages directed technical innovation toward green technology over digital technology. This study highlights the effectiveness of the ETS in promoting firm development and sheds light on resource management practices within firms.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7427-7445"},"PeriodicalIF":12.5,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3876","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141649341","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}
Ahmed A. Elamer, Mounia Boulhaga, Bassam A. Ibrahim
{"title":"Corporate tax avoidance and firm value: The moderating role of environmental, social, and governance (ESG) ratings","authors":"Ahmed A. Elamer, Mounia Boulhaga, Bassam A. Ibrahim","doi":"10.1002/bse.3881","DOIUrl":"10.1002/bse.3881","url":null,"abstract":"<p>In this study, we examine how managers in firms that have practiced tax avoidance strategically use sustainability activities together with their tax avoidance practices. More specifically, we investigate the moderating impact of ESG on the association between tax avoidance and firm value. Using a sample of French-listed companies during the years 2012–2021, we hypothesized and found that ESG rating negatively and significantly moderates the relationship between corporate tax avoidance and firm market valuation. Overall, our results suggest that investors reward firms for good ESG performance, perceiving such companies as more valuable. However, when these firms engage in higher tax liabilities, the positive effect of ESG on firm value is slightly reduced. This nuanced insight highlights the importance of considering how tax strategies interact with ESG initiatives in shaping overall firm value. This study, thus, provides theoretical and practical consequences that will encourage businesses and politicians to promote sustainable development. Our findings remain robust to an array of tests, including a number of different tax avoidance measures and potential endogeneity problems.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7446-7461"},"PeriodicalIF":12.5,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3881","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141631500","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":"Role of sustainable business model, Industry 4.0, crowdfunding, and stakeholders' pressure toward firm's sustainability: A SEM-ANN approach","authors":"Amin Ur Rahman, Fenghua Wen, Fiza Amjad","doi":"10.1002/bse.3869","DOIUrl":"10.1002/bse.3869","url":null,"abstract":"<p>With growing global attention on achieving sustainable development goals, businesses worldwide face mounting pressures to incorporate sustainability into their business models and operations. However, despite the recognized importance of sustainability in modern manufacturing operations, the path toward embedding sustainability remains unclear and challenging for many manufacturing firms. Within the theoretical framework of dynamic capability theory and the imperative of sustainable development goals, this study investigates the influence of sustainable business models, crowdfunding, Industry 4.0 technologies, and stakeholders' pressure on the sustainable performance of manufacturing firms in Pakistan. Based on survey data from 370 small and medium enterprise owners and managers, our study utilized a hybrid approach by combining partial least squares–Structural equation modeling (SEM) and artificial neural networking techniques. The results emphasize a significant and positive impact of a sustainable business model on firm sustainability. Moreover, the findings reveal that Industry 4.0 technology and crowdfunding partially mediate the relationship between sustainable business models and sustainable performance, highlighting the significant role of advanced technologies and alternative financing. Besides, stakeholders' pressure emerges as a crucial moderator, further strengthening the relationship between sustainable business models and firm sustainability. This study advances knowledge of sustainable business actions within the firms and constitutes a valuable input for businesses, policymakers, and other stakeholders dedicated to enhancing sustainable growth in the manufacturing sector.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7409-7426"},"PeriodicalIF":12.5,"publicationDate":"2024-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141608164","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":"Measuring corporate sustainability in its multidimensionality: A formative approach to integrate ESG and triple bottom line approaches","authors":"Silvia Cantele, Stefano Landi, Silvia Vernizzi","doi":"10.1002/bse.3872","DOIUrl":"10.1002/bse.3872","url":null,"abstract":"<p>Corporate sustainability is a multifaceted concept with different definitions and measures proposed by the literature and the standards. This study aims to develop and validate a scale of corporate sustainability implementation that can face the complexity and multidimensionality of the concept. Specifically, the scale was designed around four dimensions (governance, prosperity, planet, and people), a three-level structure, and a formative approach. The scale validation process entailed the engagement of experts, a survey of 303 Italian firms, and a case study application. The findings highlight the nature of the third-order construct of sustainability implementation and the relevance of adding the governance dimensions to the most spread triple bottom line approach. As a theoretical contribution, this study argues that the missed recognition of these features could originate differences in previous sustainability measures. Further studies would apply the scale to measure firm sustainability in different contexts and in relationship with relevant drivers and outcomes.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7383-7408"},"PeriodicalIF":12.5,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3872","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141602793","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}
Leanne J. Morrison, Jing Jia, Mitali Panchal Arora
{"title":"Decoupling the climate walk from the climate talk: Evidence from Australia","authors":"Leanne J. Morrison, Jing Jia, Mitali Panchal Arora","doi":"10.1002/bse.3856","DOIUrl":"10.1002/bse.3856","url":null,"abstract":"<p>A lack of regulation around greenhouse gas (GHG) emissions has led Australian companies to employ arbitrary targets for measuring GHG emissions reduction, which are not translating to the level of emissions reduction required to meet global targets. Despite the well accepted urgency of climate change action, there is a gap in literature with no studies discussing the effectiveness of the various targets for measuring GHG emissions to meet global emission reduction goal. Using correlation and ordinary least squares (OLS) regression analysis, our study of Australian Stock Exchange listed companies shows that the targets suggested by Task Force on Climate-related Financial Disclosure (TCFD) are the most closely associated with the required emissions reduction. The findings from this study advocate that organisations adopt TCFD recommendations for achieving optimal reduction of greenhouse gas emissions to meet the global targets. Our findings should inform policymakers and practice to align targets to the TCFD recommendations to meet the global emissions reduction commitments and mitigate the most severe impacts of climate change.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"7368-7382"},"PeriodicalIF":12.5,"publicationDate":"2024-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.3856","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141584244","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}