{"title":"Greener Pathways, Strategy, and Economic Performance: A Cross‐National Study on European Service SMEs","authors":"Emidia Vagnoni, Caterina Cavicchi, Michela Borghesi, Edoardo Trincanato, Stefano Bonnini","doi":"10.1002/bse.4135","DOIUrl":"https://doi.org/10.1002/bse.4135","url":null,"abstract":"Research into how environmental management practices impact firm performance has largely overlooked the service sector's small and medium‐sized enterprises (SMEs). Drawing on industry, resource, and institution‐based strategy perspectives, this study investigates how adopting resource efficiency (RE) practices within the framework of a circular economy (<jats:sc>CE</jats:sc>) supports European service SMEs in achieving carbon neutrality (CN) and reducing production costs (PCs). The study also examines difficulties in adapting to environmental regulations among adopters, their associated impact on performance, and the importance of having a CN strategy. A combined permutation test conducted on 681 European service SMEs from 35 countries revealed––after controlling for sectoral differences––that SMEs without RE practices within the <jats:sc>CE</jats:sc> framework faced higher PCs, a critical factor for firm performance. Additionally, transportation and storage SMEs with a CN strategy demonstrated greater adoption of RE practices. Implications for theory, practice, and future research are discussed.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"38 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143020292","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":"Correction to “The Synergistic Effect of Green Innovation and Governance in Carbon Neutrality: Insights From Japanese Companies”","authors":"","doi":"10.1002/bse.4155","DOIUrl":"https://doi.org/10.1002/bse.4155","url":null,"abstract":"","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"55 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143020296","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":"Correction to “Using Green Human Resource Management Practices to Achieve Green Performance: Evidence From Italian Manufacturing Context”","authors":"","doi":"10.1002/bse.4156","DOIUrl":"https://doi.org/10.1002/bse.4156","url":null,"abstract":"","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"8 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143020294","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":"Implementing Extended Producer Responsibility in Organizations: A Bibliometric Review","authors":"Mukesh Kripalani, Hasmukh Gajjar, Bipul Kumar","doi":"10.1002/bse.4145","DOIUrl":"https://doi.org/10.1002/bse.4145","url":null,"abstract":"Extended producer responsibility (EPR) is an obligation for manufacturers to ensure environmentally sound management of their goods, even after they have been sold to consumers. Governments frame EPR rules for better waste management, and violating these rules may lead to penalties. This study aims to understand the intellectual structure of EPR and to define a framework of EPR enablers, which can help organizations devise strategies to manage their obligations effectively. The study conducts a bibliometric review of 749 journal articles published between 2012 and 2023 using the bibliometrix and the VOSViewer packages. The findings identify five knowledge clusters: EPR process and drivers; policy and legislation; consumer behavior and EPR; EPR and business models; and use of technology and science. Semi‐structured interviews with industry practitioners help discover prioritization among these clusters. Researchers and organizations can use these findings to take action and understand EPR from a more holistic perspective.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"106 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142991195","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":"Dynamic Capabilities as Enablers for Sustainability‐Oriented Innovation: A Case Study in a Footwear Industry","authors":"Cláudia Fabiana Gohr, Bruna Cavalcanti Barros Rodrigues","doi":"10.1002/bse.4141","DOIUrl":"https://doi.org/10.1002/bse.4141","url":null,"abstract":"The literature indicates the relevance of sustainability‐oriented innovation (SOI). However, the knowledge about the influence of dynamic capabilities (DCs) and critical factors (CFs) in developing these innovations is still insufficient. This paper aims to analyze the DCs' influence (through CFs) in developing SOIs through an in‐depth explorative case study in two Brazilian unities at a multinational shoe company. The empirical results showed that the development of SOIs depends on the high influence on environmental, resource integration, and technological capabilities and moderate influence on absorptive, organizational, and networking capabilities due to the absence or nonstructuring of its CFs. “Waste management” (related to environmental DC) and “reputation (related to organizational DC)” emerged from empirical evidence. The paper provides empirical evidence of DC's influence (through CFs) in developing SOIs by suggesting eight propositions.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"10 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142991984","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":"Unlocking Dividend Potential Through the Power of Sustainable Disclosures: Moderating Role of Financial Constraints","authors":"Neha Malik, Smita Kashiramka","doi":"10.1002/bse.4139","DOIUrl":"https://doi.org/10.1002/bse.4139","url":null,"abstract":"Based on signalling and stakeholder theory, this research empirically explores the relationship between sustainability disclosure by firms and their dividend payouts in emerging economies. Various measures such as likelihood of paying dividends, stability of dividend disbursed, dividend payout ratio and dividend yield are employed to test the research hypotheses. Panel dataset covering firms from 16 emerging economies spanning from 2015 to 2022 is analysed using Logit model, Tobit model and Random Effect model. The findings demonstrate a favourable relationship between ESG disclosure scores and dividend payouts of firms. Higher ESG scores are associated with a greater likelihood of paying dividends, higher dividend payments, ensuring the stability of these payments and delivering higher implied shareholder returns through dividend yield. These effects are more pronounced for firms under greater financial constraints. Importantly, these results remain robust across various sensitivity analyses involving alternative measures, estimation methods and instrumental variable regression. These findings hold implications for investors, managers and policymakers, offering valuable insights for companies to structure their sustainability initiatives. By examining and integrating corporate finance and sustainability, this study introduces ESG scores as a novel nonfinancial driver of corporate payouts, thus marking the pioneering contribution to the ESG‐dividend literature in emerging nations.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"32 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142992610","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 Pedro Gomes, Arnaldo Coelho, Neuza Ribeiro
{"title":"Sustainable HRM Impact on Employees' Behaviors Through Workplace Spirituality","authors":"Gabriela Pedro Gomes, Arnaldo Coelho, Neuza Ribeiro","doi":"10.1002/bse.4153","DOIUrl":"https://doi.org/10.1002/bse.4153","url":null,"abstract":"This study explores the link between sustainable HRM, workplace spirituality (WS), and employee behaviors, namely, organizational citizenship behavior for the environment (OCBE) and proactive behavior (PB). Utilizing a double source data collection method, this research incorporates the perspectives of both managers and employees. A sample of 314 dyads was analyzed. Structural equation modeling was employed to test the proposed hypotheses. It was found that sustainable HRM positively influences WS and OCBE. However, no significant direct impact was identified on PB. WS acts as a full mediator in this relationship. These results also show a strong association between WS and OCBE. This study underscores the crucial role of sustainable HRM in fostering WS and promoting OCBE while raising important questions about PB in a sustainability context. These insights contribute to understanding how organizations can use sustainable HRM to enhance employee responsible behaviors and create a workplace that supports employees' spiritual well‐being.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"9 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142991199","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":"Global Value Chains Participation and Air Pollution: Does Digital Economy Matter?","authors":"Lu Zheng, Jingzhi Zhu, Yuhuan Zhao, Zhiling Qian, Ziyi Zhao, Shunan Fan, Sumin Zuo","doi":"10.1002/bse.4065","DOIUrl":"https://doi.org/10.1002/bse.4065","url":null,"abstract":"Based on a panel dataset of 47 countries during 1995–2015, this study investigates the impact of global value chains participation, as measured by position index, on air pollution. The moderating effect of digital economy is also examined. The results show that the increase of global value chains position has a negative impact on air pollution. Heterogeneity analyses show that the increase of forward‐linked production length could mitigate air pollution. The negative impact of global value chains position is reflected in non‐OECD countries, and the impact on CO is stronger than other pollutants. The mechanism analyses show that increased global value chains position mitigates air pollution through industrial structure upgrading and technological progress. The moderating effect analyses reveal that digital economy could strengthen the negative impact, in which digital applications play a key role. Digital economy could also strengthen the path of global value chains position affecting air pollution through industrial structure and technological progress. The results reveal that global value chains position should be improved to promote air pollution control, and different countries should implement differentiated strategies. In particular, it is of great significance for pollution control to promote the transformation and integration of digital achievements with digital applications as the breakthrough.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"32 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142991200","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}
Rüdiger Hahn, Thomas Pioch, Daniel Reimsbach, Frank Schiemann
{"title":"What Drives Carbon‐Reducing Investments? A Vignette Experiment on Managers' Decision‐Making From a Multilevel Perspective","authors":"Rüdiger Hahn, Thomas Pioch, Daniel Reimsbach, Frank Schiemann","doi":"10.1002/bse.4134","DOIUrl":"https://doi.org/10.1002/bse.4134","url":null,"abstract":"Our study aims to shed light on the factors that drive managers' sustainability‐related decision‐making. We take a multilevel perspective, analyzing individual‐, organizational‐, and institutional‐level factors, which allows us to present a coherent account of a complex environment of influential factors. Based on an explorative vignette experiment with professional managers in a setting related to carbon‐reducing investments, we find that certain individual‐level factors, such as managers' biospheric orientation or a strong belief in business ethics, are associated with higher carbon‐reducing investments. However, these individual‐level factors do not alter the overall influence of organizational‐ and institutional‐level factors. The financial impact of carbon‐reducing investments—at the organizational level—as well as the number of carbon‐conscious investors and the regulatory disclosure regime in which a firm operates—at the institutional level—significantly drive managers' investment decisions. We find only a few instances in which specific factor combinations are decision‐relevant. These findings have important implications for research and policymaking with regard to improving corporate sustainability in general and particularly reducing corporate carbon emissions.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"25 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142988776","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":"Navigating the Green Path: Strategies for Enhancing Organizational Citizenship Behavior for the Environment Through Green HRM Practices","authors":"Karen Dwumah, Peter Sappor, Francis Atta Sarpong","doi":"10.1002/bse.4149","DOIUrl":"https://doi.org/10.1002/bse.4149","url":null,"abstract":"Organizational citizenship behavior for the environment (OCBE) has become increasingly important in response to the harmful activities of some manufacturing firms in Ghana. Drawing on the Ability, Motivation, and Opportunity (AMO) framework, this study explores the influence of Green Human Resource Management (HRM) practices on OCBE, with a focus on the mediating role of employee engagement and the moderating effect of employee personality traits. Data were collected from 234 respondents using a structured questionnaire, and partial least squares structural equation modeling (PLS‐SEM) was used for analysis. The findings reveal that Green HRM practices have a positive impact on OCBE, with green recruitment and selection exerting the most significant influence. Additionally, green training and development positively affect employee engagement, which in turn mediates the relationship between green recruitment and selection, green training and development, and OCBE. Moreover, employee personality traits moderate these relationships, positively influencing the link between green recruitment and selection and employee engagement.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"49 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142988779","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}