Business Strategy and The Environment最新文献

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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
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: <jats:italic>circumstantial</jats:italic>, <jats:italic>personal and community benefits</jats:italic> and <jats:italic>correspondence with social positioning</jats:italic>. 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
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