Business Strategy and The Environment最新文献_第3页

ESG Performance and Green Innovation Nexus: Insights From Indian Manufacturing Titans ESG绩效与绿色创新关系：来自印度制造业巨头的见解

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-25 DOI: 10.1002/bse.70041

Mithilesh Gidage, Shilpa Bhide

{"title":"ESG Performance and Green Innovation Nexus: Insights From Indian Manufacturing Titans","authors":"Mithilesh Gidage, Shilpa Bhide","doi":"10.1002/bse.70041","DOIUrl":"https://doi.org/10.1002/bse.70041","url":null,"abstract":"The existing literature highlights the influence of green intellectual capital (GIC), green finance (GF), and green innovation (GI) on firms' environmental performance; however, significant gaps persist regarding their impact on ESG performance. To address this gap, our study delves into the intricate interplay between GIC, GF, GI, and ESG performance. In this study, we posit that the interplay among GIC, GF, GI, and ESG performance is more complex than traditionally acknowledged. Contrary to previous assumptions, we posit that GIC and GF do not directly correlate with ESG performance. Instead, we propose that GI acts as a mediator between GIC, GF, and ESG performance. Moreover, we argue that ESG strategies not only directly affect ESG performance but also moderate the relationship between GI and ESG outcomes. To substantiate our assertions, we employ structural equation modeling using data collected from senior decision‐makers in 77 Indian manufacturing firms listed on the NIFTY India Manufacturing Index. Our empirical findings provide robust support for most hypotheses, shedding light on the nuanced dynamics within the realm of ESG performance.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"147 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144479012","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

The Effect of Self‐Concept Components on Sustainable Food Choice 自我概念成分对可持续食物选择的影响

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-23 DOI: 10.1002/bse.70034

Hassan Rahnama Haratbar, Peter T. L. Popkowski Leszczyc, Claudia Gonzalez‐Arcos

引用次数: 0

Does It Pay to Be Green? A Total Quality Perspective 绿色环保值得吗？全面质量视角

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-23 DOI: 10.1002/bse.70019

Christine Reitmaier, Wolfgang Schultze, Ramona Paul, Jennifer Weißinger

引用次数: 0

The Impact of Economic Policy Uncertainty and ESG Reporting on Financial Performance of Hospitality Companies 经济政策不确定性和ESG报告对酒店企业财务绩效的影响

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-23 DOI: 10.1002/bse.70042

Samta Jain, Aditya Banerjee

{"title":"The Impact of Economic Policy Uncertainty and ESG Reporting on Financial Performance of Hospitality Companies","authors":"Samta Jain, Aditya Banerjee","doi":"10.1002/bse.70042","DOIUrl":"https://doi.org/10.1002/bse.70042","url":null,"abstract":"The objectives of this paper are manifold: first, to explore the relationship between economic policy uncertainty (EPU) and the financial performance of hospitality companies (hotels and entertainment), and second, to assess how this relationship is shaped by environmental, social and governance (ESG) reporting. Drawing on a comprehensive international dataset from 14 developed countries spanning 2013 to 2022, the study contributes to the emerging literature on ESG and EPU by analysing how ESG factors influence the link between EPU and corporate financial performance through dynamic panel data regression. Findings of the study indicate that the policy‐related uncertainty has a detrimental impact on the financial performance of hospitality companies. Furthermore, this relationship is not restricted to the current financial performance only; in fact, the detrimental impact of policy‐related uncertainty sustains at 1‐year lagged level, thereby affecting negatively the subsequent year's financial performance. Interestingly, companies with high scores in overall ESG, as well as in individual environmental or governance dimensions, do not perform better during periods of heightened uncertainty compared to those with lower sustainability scores. However, firms with socially solid performance manage to navigate rising business uncertainty more effectively, implying that hospitality firms should value their employees and create an environment of inclusivity and growth for them to succeed.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"49 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144341047","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

Enablers and Constraints of Environmental Sustainability Integration: A Structuration Perspective on Professional Sports Organizations 环境可持续性整合的推动因素与制约因素：基于职业体育组织的结构视角

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-22 DOI: 10.1002/bse.70035

Niccolò Maria Todaro, Gianluca Gionfriddo, Owais Ur Rehman Khan, Tiberio Daddi

{"title":"Enablers and Constraints of Environmental Sustainability Integration: A Structuration Perspective on Professional Sports Organizations","authors":"Niccolò Maria Todaro, Gianluca Gionfriddo, Owais Ur Rehman Khan, Tiberio Daddi","doi":"10.1002/bse.70035","DOIUrl":"https://doi.org/10.1002/bse.70035","url":null,"abstract":"Integrating environmental sustainability (ES) into organizational strategies and operations remains a persistent challenge, particularly in fields where environmental concerns are not yet embedded within dominant institutional norms and standards of behavior. In such contexts, ES risks being overshadowed by economic and operational priorities, hindering meaningful organizational change toward sustainability. This study addresses this challenge by examining how ES is integrated within organizations operating in a field where it is still in the early stages of institutionalization—namely, the European football sector. Drawing on structuration theory, the research applies the notions of signification, legitimation, and domination as sensitizing devices to explore factors that enable or constrain organizations in gradually altering societal structures to embed environmental concerns into strategies and operations. Methodologically, the study draws on a multiple case study of four National Football Associations operating in Europe. By focusing on the football sector, the study contributes to a deeper understanding of how organizations respond to institutional pressures for ES in the absence of fully established norms, exercising agency to shape meanings, transform expectations of behavior, and mobilize power and resources to drive organizational change toward sustainability.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"38 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144341051","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

“Soft” Climate Change Exposure and Firm Performance Across Countries: Legitimacy Theory Perspective “软”气候变化风险与跨国企业绩效：合法性理论视角

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-19 DOI: 10.1002/bse.70029

Naimat U. Khan, Mushtaq Hussain Khan

{"title":"“Soft” Climate Change Exposure and Firm Performance Across Countries: Legitimacy Theory Perspective","authors":"Naimat U. Khan, Mushtaq Hussain Khan","doi":"10.1002/bse.70029","DOIUrl":"https://doi.org/10.1002/bse.70029","url":null,"abstract":"This paper examines the impact of a firm‐level ‘soft’ measure of climate change exposure on the performance of 6228 companies across 40 countries (2001–2021) using legitimacy theory. We find that the relationship between climate change and performance is contingent upon industry and the content of climate change exposure (opportunities, regulatory, and physical). Industry‐level analysis reveals that the top 10 high‐exposure industries generally experience negative performance impacts, whereas the bottom 10 low‐exposure industries exhibit positive effects. In terms of content, physical exposure positively affects performance, regulatory exposure negatively impacts performance, and opportunity exposure shows an insignificant positive effect. Climate change thus presents industry‐ and content‐specific risks and opportunities, highlighting the need for targeted policy incentives to encourage genuine climate‐related investments. Theoretically, climate exposure conveys either symbolic legitimacy (tokenism without real impact) or substantive legitimacy (genuine, tangible effects), depending on industry context and the nature of exposure.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"333 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144328604","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

Biodiversity Credits: An Overview of the Current State, Future Opportunities, and Potential Pitfalls 生物多样性信用：现状、未来机会和潜在缺陷概述

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-18 DOI: 10.1002/bse.70018

Sven Wunder, Cecilia Fraccaroli, Joseph W. Bull, Trishna Dutta, Alison Eyres, Megan C. Evans, Bo Jellesmark Thorsen, Julia P. G. Jones, Martine Maron, Bart Muys, Andrea Pacheco, Asger Strange Olesen, Thomas Swinfield, Yitagesu Tekle Tegegne, Thomas B. White, Han Zhang, Sophus O. S. E. zu Ermgassen

{"title":"Biodiversity Credits: An Overview of the Current State, Future Opportunities, and Potential Pitfalls","authors":"Sven Wunder, Cecilia Fraccaroli, Joseph W. Bull, Trishna Dutta, Alison Eyres, Megan C. Evans, Bo Jellesmark Thorsen, Julia P. G. Jones, Martine Maron, Bart Muys, Andrea Pacheco, Asger Strange Olesen, Thomas Swinfield, Yitagesu Tekle Tegegne, Thomas B. White, Han Zhang, Sophus O. S. E. zu Ermgassen","doi":"10.1002/bse.70018","DOIUrl":"https://doi.org/10.1002/bse.70018","url":null,"abstract":"Biodiversity credits are an emerging vehicle for pro‐environmental financing, yet much uncertainty remains around how and when they could boost biodiversity conservation. Here we define what biodiversity credits are and explore impact pathways through a proposed theory of change. Based on evidence from 34 pilot projects and a review of lessons from related market‐based incentives for conservation, we further explore potential opportunities and pitfalls, including future supply and demand, bundling/stacking options, and needed social safeguards. We explore how biodiversity credits can better tackle challenges linked to additionality, permanence, leakage, and commensurability. While new monitoring technologies can help quantify biodiversity, trade‐offs exist between simple metrics enabling liquid markets and costlier ones more adequately representing biodiversity. To avoid past mistakes, sound credit design and implementation require more robust crediting baselines, standards, governance, and impact evaluation. Quality credits will be more expensive than those cutting integrity corners, which may dampen the expected biodiversity credit boom.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"21 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144311528","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

How Companies Move to Circularity: Internal Reorganizing and Adjustment of External Collaboration 企业如何走向循环：内部重组与外部协作的调整

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-18 DOI: 10.1002/bse.4347

Alexander Fliaster, Karolina Bähr

引用次数: 0

Unlocking Sustainability: A Hierarchical Approach to Environmental Dynamic Capabilities in Supply Chain Transformation 解锁可持续性：供应链转型中环境动态能力的分层方法

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-18 DOI: 10.1002/bse.70026

Mariana Trujillo‐Gallego, William Ariel Sarache Castro, Miguel Sellitto

{"title":"Unlocking Sustainability: A Hierarchical Approach to Environmental Dynamic Capabilities in Supply Chain Transformation","authors":"Mariana Trujillo‐Gallego, William Ariel Sarache Castro, Miguel Sellitto","doi":"10.1002/bse.70026","DOIUrl":"https://doi.org/10.1002/bse.70026","url":null,"abstract":"This study addresses the challenges posed by globalization, sustainability, and rapid technological change, which increase the complexity and dynamism of the business environment. To tackle these challenges, companies must transition from traditional, static approaches to a more systemic, integrated, and dynamic perspective. Achieving sustainable supply chains requires integrating environmental innovations and dynamic capabilities within the green supply chain management (GSCM) framework. This research proposes and empirically validates a hierarchy of environmental dynamic capabilities based on the dynamic capability view (DCV) and GSCM approaches. Furthermore, it examines the contingency effects of firm size, age, and export orientation using contingent theory (CT). The theoretical model underwent testing through a survey involving 261 individuals in Colombia's manufacturing industry. The findings confirm the existence of a hierarchy of environmental dynamic capabilities, where high‐order capabilities influence the creation, transformation, and reconfiguration of lower order capabilities to address environmental protection and sustainability challenges. Additionally, only firm size was found to positively moderate the development of environmental dynamic capabilities. This study makes a significant contribution by being the first to propose and empirically validate a hierarchical model of environmental dynamic capabilities. The findings provide valuable insights for managers to refine sustainability strategies, improve forecasting, and manage risks. The study highlights the importance of synergy between higher order capabilities in achieving sustainability in supply chains rather than relying on independent efforts. The proposed hierarchy serves as a framework for policymakers to make informed decisions, focus critical investments, and promote interorganizational and interindustrial relationships for a smoother sustainable transition.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"100 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144319711","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 Strategies and Corporate Legitimacy: Analyzing Firm Performance Through Green Innovation and Technological Turbulence 可持续发展战略与企业合法性：通过绿色创新和技术动荡分析企业绩效

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-06-18 DOI: 10.1002/bse.70040

Shirley‐Ann Augustin‐Behravesh, Ana Maria Gomez‐Trujillo, Geovanny Perdomo‐Charry, Mira Kartika Dewi Djunaedi, Ardvin Kester S. Ong

引用次数: 0