Hongjie Chen, Yaman Omer Erzurumlu, Giray Gozgor, Chi Keung Marco Lau
{"title":"How Knowledge and Innovation Capabilities Drive Environmental Innovation? Evidence From Global Firms","authors":"Hongjie Chen, Yaman Omer Erzurumlu, Giray Gozgor, Chi Keung Marco Lau","doi":"10.1002/bse.70243","DOIUrl":"https://doi.org/10.1002/bse.70243","url":null,"abstract":"This paper analyses the impact of knowledge and innovation capabilities on firm‐level environmental innovation in 4416 firms across 36 countries from 2013 to 2023. The findings suggest that a national output of knowledge and technology creation makes a significant contribution to environmental innovation. However, this relationship changes as the focus shifts from internal knowledge and technology creation to external knowledge and technology dissemination. While the national knowledge and technology impact output also enhances innovation to a lesser degree, the diffusion of knowledge and technology does not uniformly improve corporate environmental innovation. We suggest that this relationship suggests the existence of a rebound effect‐like character, indicating that firms should not assume a linear or uniformly positive relationship between increased knowledge dissemination and environmental innovation outcomes. Additionally, the relationships are income‐specific. Furthermore, firms with ongoing renewable energy projects and environmental investments achieve significantly better environmental innovation performance. Sustainability and ESG‐related executive compensation have a considerable positive impact on environmental innovation. Country‐level energy intensity acts as a significant barrier to progress, whereas firm‐level biodiversity disclosure enhances energy intensity.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"158 6 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145254519","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":"From Voluntary to Mandatory: The Bibliometric and Meta‐Analytical Insights Into Effects of ESG Disclosure Practices and Regulations","authors":"Jiaying Li, Yuting Xie, Liang Dong","doi":"10.1002/bse.70251","DOIUrl":"https://doi.org/10.1002/bse.70251","url":null,"abstract":"ESG disclosure regulations refer broadly to public‐authority regulations and stock‐exchange listing rules to govern ESG reporting practice. Despite their rapid proliferation, the effects of ESG disclosure regulations remain contested. To provide a comprehensive assessment, this study conducted a bibliometric analysis and a meta‐analysis on previous studies. Following PRISMA guidelines, we selected 929 journal articles related to the impacts of ESG disclosure practices and regulations for a bibliometric analysis, and 32 studies with 411 effect sizes, quantifying the effects of ESG disclosure regulations for a meta‐analysis. Results indicate that the trend and spatial coverage of the publications align with the development of ESG disclosure practices. Second, the topic evolution reveals shifts from CSR reporting to ESG disclosure, from voluntary disclosure to strategic disclosure, and from qualitative to quantitative methods. Third, the meta‐analysis yields an average effect size of 0.06 for ESG disclosure regulations, confirming a modest but positive regulatory impact. Meta‐regression further shows that government‐issued mandates are less effective than exchange‐led rules, yet all regulations enhance corporate transparency and ESG performance. We recommend that future studies investigate the mechanisms of regulations, examine how they shape public perceptions, and delve into dynamics around stakeholder interaction.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"113 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145254518","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":"Towards Climate Resilience and Carbon Neutrality Goals: Investigating the Nexus Between Nonrenewable Energy Consumption, Green Finance, Eco‐Innovation, and Green Taxes","authors":"Mubasher Zaman, Quande Qin, Atta Ullah","doi":"10.1002/bse.70232","DOIUrl":"https://doi.org/10.1002/bse.70232","url":null,"abstract":"The sustainable development goals (SDGs) 7, 9, and 13, as well as the commitments proposed at the Climate Change Conference (COP 27), aim for unprecedented collaboration between governments, businesses, financial institutions, and civil society to achieve carbon neutrality, climate resilience, and the COP goals. This study explores the interplay between nonrenewable energy, green finance, eco‐innovation, green taxes, and green growth of G20 economies from 2002 to 2021. The evidence of cross‐sectional dependence and heterogeneity directed us to use the Method of Moments Quantile Regression (MMQR) estimation and robustness check performed through the Feasible Generalized Least Squares (FGLS), Panel‐corrected Standard Error (PCSE), and Fully Modified Ordinary Least Squares (FM‐OLS) techniques. The MMQR quantiles ranging from 0.20 to 0.80 revealed that eco‐innovation, green taxes, and green finance positively impact environmentally adjusted multifactor productivity–green growth. In contrast, nonrenewable energy has a negative impact. Furthermore, the interaction between nonrenewable energy and green finance has a significant positive impact on green growth. The findings suggest that G20 economies must integrate economic growth with environmental protection goals, encourage the implementation of efficient climate technologies, switch to renewable energy sources, and ensure that inclusive finance mechanisms are in place. It has been suggested that the detrimental effects of nonrenewable energy sources on ecosystems accelerate environmental deterioration and climate change. By contrast, green finance, green taxation, and sustainable innovation practices act as catalysts to address these challenges. The study recommends some key policy guidelines for the execution of SDGs 7, 9, 13, and COP 27 commitments.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"23 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145254687","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}
Manuela Vega‐Zamora, Eva M. Murgado‐Armenteros, Francisco J. Torres‐Ruiz, Manuel Parras‐Rosa
{"title":"Eco‐Innovation Adoption in the Olive Oil Sector: A Sustainability Analysis","authors":"Manuela Vega‐Zamora, Eva M. Murgado‐Armenteros, Francisco J. Torres‐Ruiz, Manuel Parras‐Rosa","doi":"10.1002/bse.70220","DOIUrl":"https://doi.org/10.1002/bse.70220","url":null,"abstract":"The growing concern among consumers for more environmentally friendly products is forcing companies to align their strategies accordingly. In recent years, eco‐innovation has emerged as a key business strategy to address these new expectations. Considering the significance of the olive oil sector in Spain, this study seeks to evaluate the extent to which eco‐innovations have been adopted in the primary processing segment of the olive oil sector. To this end, a CAWI survey with CATI follow‐up was conducted among olive oil mills in the autonomous region of Andalusia. The final sample consisted of 164 cases, drawn from a population of 800. The findings indicate that the level of eco‐innovation in the olive oil industry is low. Furthermore, the results enabled the categorization of olive oil mills into four groups based on their environmental actions: (1) environmentally responsible mills, (2) eco‐innovative mills, (3) passive mills, and (4) footprint mills. These results have implications for academia, businesses, and institutions alike.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"105 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145188452","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}
Gabriela Citlalli López‐Torres, Domingo García‐Pérez‐de‐Lema, José Manuel Santos‐Jaén, Francisco Javier Álvarez Torres
{"title":"The Impact of Knowledge Sharing Quality on Environmental Practices to Improve the Financial Performance of SMEs: The Mediating Role of Advanced Management Technologies","authors":"Gabriela Citlalli López‐Torres, Domingo García‐Pérez‐de‐Lema, José Manuel Santos‐Jaén, Francisco Javier Álvarez Torres","doi":"10.1002/bse.70240","DOIUrl":"https://doi.org/10.1002/bse.70240","url":null,"abstract":"This study examines how information quality influences the adoption of environmental practices in Mexican SMEs and how these practices affect financial performance, considering the mediating role of advanced management technologies. Knowledge exchange is assessed through training in knowledge management and internal knowledge transfer, both of which contribute to enhancing information quality. Based on a quantitative design, data were collected through 141 surveys and analysed using PLS‐SEM. The results reveal that training and internal transfer positively affect information quality, which in turn drives environmental practices. These practices are found to improve financial performance, with advanced management technologies acting as a partial mediator between information quality and sustainability outcomes. The findings contribute theoretically by integrating knowledge management, information quality, advanced technologies, environmental practices and financial performance into a comprehensive framework for SMEs in emerging economies. From a practical perspective, they provide guidance for managers and decision‐makers on prioritising knowledge‐sharing mechanisms and technological tools to foster sustainability. Thus, this study highlights that fostering knowledge‐sharing mechanisms, coupled with advanced technologies, is critical for SMEs seeking to align sustainability with financial success.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"85 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145254706","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}
Agnes Nyamenaose Essuman, Frank Agyemang Karikari, Seth Acquah Boateng, Simplice A. Asongu, Michael Provide Fumey
{"title":"An Outlook at Corporate Environmental Performance Through the Lens of Green Supply Chain Management, Green Innovation, Sustainable Dynamic Capabilities, and Governance Quality in an Emerging Economy","authors":"Agnes Nyamenaose Essuman, Frank Agyemang Karikari, Seth Acquah Boateng, Simplice A. Asongu, Michael Provide Fumey","doi":"10.1002/bse.70236","DOIUrl":"https://doi.org/10.1002/bse.70236","url":null,"abstract":"Corporate environmental performance (CEP) has become an essential pillar of sustainable development during the 21st century, particularly in light of climate change and global ecological degradation. In Ghana, where industrial development coexists with environmental vulnerabilities, there is an essential need for a deliberate focus on sustainable business practices. This work explores the effects of green supply chain management (GSCM), green innovation (GNI), and sustainable dynamic capabilities (SDCs) moderated by governance quality (GVQ) on CEP among Ghana's manufacturing sector. Reinforced by the resource‐based and natural resource‐based views, this study constructs an integrated model to investigate the interactive effect of these variables. The firm‐level information and structural equation modeling outcomes show that GSCM affects CEP, especially when complemented with GNI and robust SDC. Further, quality governance increases the effectiveness of green practices through institutional congruence and environmental responsibility. The results support Ghanaian firms' need to build adaptive capacities, invest in eco‐innovation, and collaborate with regulatory agencies to attain sustainability goals. The study contributes to emerging economy studies by placing green performance mechanisms in sub‐Saharan Africa and offering actionable recommendations to industry leaders and policymakers. Finally, the study suggests ways businesses in Ghana and similar economies can align competitiveness with environmental stewardship to pursue a greener future.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"126 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145254699","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":"Busy Outside Directors and Carbon Disclosure: When Do Talented Directors Turn Out to Be Incompetent?","authors":"Kazumi Endo","doi":"10.1002/bse.70237","DOIUrl":"https://doi.org/10.1002/bse.70237","url":null,"abstract":"This study explores whether busy outside directors (BODs) with a wealth of experience influence carbon disclosure. The data analysis is based on Japanese listed firms—a sample of 2169 firm‐year observations from 2017 to 2023. In line with the reputation hypothesis, where director busyness is considered reflective of greater talent, the findings reveal a positive association between BODs and carbon disclosure practices. The benefits of board interlocks became prominent especially when a higher proportion of BODs viewed the board directorship as more prestigious. However, having BODs aged 75 years or older working in relatively less prestigious directorships was less beneficial. The results suggest that director reputation is a powerful incentive for outside directors and highlight the predicted, empirically elusive, potential risks associated with older directors. They provide important policy implications concerning the contentious topic of board busyness and aging, especially for firms selecting outside directors.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"87 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145153617","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":"Understanding Stakeholders Opinions and Behaviours as a Way to Shape Circular Economy Policies in the Water and Wastewater Sector","authors":"Marzena Smol, Paulina Marcinek, Klara Ramm","doi":"10.1002/bse.70235","DOIUrl":"https://doi.org/10.1002/bse.70235","url":null,"abstract":"Protection of water resources is one of the most urgent elements of climate policy; therefore, a circular economy (<jats:sc>ce</jats:sc>) model should be implemented. In the case of water, circular principles include sustainable management of water coming from primary sources, as well as water recovery from water‐based waste (as wastewater or grey water) and its reuse for various purposes. These activities can be successfully implemented by residents of European countries. This paper analyses attitudes, opinions and behaviours on the management of water resources in individual households in Poland. For this purpose, a survey questionnaire method was used, which was developed and distributed to adult citizens of the country. A total of 511 responses were received in April 2024. The results showed that almost all Polish consumers (96%) are aware of the importance of water saving, while 84% of respondents agree that saving water helps protect the environment, and 91% believe that it can reduce water bill costs. Despite this high awareness, not all respondents indicate the most easily accessible methods of saving water, such as drinking tap water, taking a shower instead of bathing or turning off the tap during everyday activities such as brushing teeth. The results of this study could be further used to shape future policies regarding the implementation of <jats:sc>CE</jats:sc> in the water sector. The most important area for regulation is the scope of educational activities within both formal and informal education, as well as the use of effective methods in social campaigns. Moreover, realising the European Commission's ambitious goals of <jats:sc>CE</jats:sc> transition requires further governmental support for individual households and setting a regulations or guidelines with clear benefits for stakeholders. Effective collaboration among Quadruple Helix representatives—business, science, government and society—is also essential to unlock the full potential of <jats:sc>CE</jats:sc> principles in this sector.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"77 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145181191","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":"Linking Innovation Capability, Strategic Orientation, and Strategic Renewal to Sustainable Performance: A Dynamic Capabilities Perspective in Saudi Small and Medium Enterprises","authors":"Chouayb Larabi","doi":"10.1002/bse.70229","DOIUrl":"https://doi.org/10.1002/bse.70229","url":null,"abstract":"The Kingdom of Saudi Arabia seeks to achieve Vision 2030, which aims to transform the country's economy through fostering a vibrant business environment and reducing the dependency on oil exports. In this context, small and medium enterprises (SMEs) are at the forefront of this transition. Vision 2030, in particular with SMEs, aims to increase SMEs' contribution to the GDP to 35%. However, it is not possible without equipping SMEs with innovation, strategic thinking, and sustainability. To address these concerns, the objective of this study is to investigate the influence of innovation capability (IC), strategic orientation (SO) mediated by strategic renewal (SR). Driven by dynamic capability theory (DCT), the study also examined how internal resources (IC, SO) enable small firms to renew their strategies to achieve sustainable business performance (SP). To achieve the objective, a quantitative, three‐wave time‐lagged research strategy was deemed appropriate. The study employed purposive sampling, and data were collected from 211 SMEs located in Riyadh, Makkah, and Eastern Province of KSA through structured questionnaires in three intervals. The data was analyzed through structured equation modeling (SEM) through Smart PLS 4. The findings show that antecedents SO and IC significantly influence SR within SMEs, which in turn positively influence SP. In addition, it was found that SR mediates the relationship between IC and SO and SB. The study offers novel insights to theory through the extension of DCT to KSA‐based SMEs and outlines practical steps that SMEs and authorities need to integrate to achieve within SMEs to achieve Saudi Vision 2030.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"73 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145153615","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}
Diogo Marques Vilaça, Jose Carlos de Sá, Jiju Antony, Michael Sony, Olivia McDermott
{"title":"Lean, Green, and Sustainability 4.0—A Systematic Literature Review","authors":"Diogo Marques Vilaça, Jose Carlos de Sá, Jiju Antony, Michael Sony, Olivia McDermott","doi":"10.1002/bse.70215","DOIUrl":"https://doi.org/10.1002/bse.70215","url":null,"abstract":"This purpose of the study is to conduct a systematic literature review and bibliometric analysis to explore the integration of Lean–Green–Sustainability (LGS) with Industry 4.0 technologies for holistic organizational development. Following PRISMA guidelines, the study critically examines the evolving research, identifying an increasing convergence of Lean and Green principles with Sustainability, though systematic investigations into LGS and LGS 4.0 remain limited. The study finds that the field is growing, with significant research emerging from India, Brazil, and the United States. A conceptual framework is developed to guide organizations in the successful implementation of LGS 4.0, emphasizing its role in enhancing operational efficiency, economic and environmental impact reduction, and social and governance sustainability. This study contributes by synthesizing the current state of LGS research and setting the agenda for future studies. It also provides practical insights for organizations seeking to integrate LGS 4.0 principles. As one of the first and most comprehensive studies on the synergistic and complementary nature of LG, LGS, and LGS 4.0, it offers valuable theoretical and managerial implications for sustainability‐driven digital transformation.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"41 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145134639","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}