Business Strategy and The Environment最新文献_第5页

Sustainability Performance and Its Impact on Financial Distress Risk—Evidence From STOXX Europe 600 可持续发展绩效及其对财务困境风险的影响——来自斯托克欧洲600指数的证据

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-30 DOI: 10.1002/bse.4263

Marcel Seefloth, Florian Siedler, Christoph Kayser, Benedikt T. Retsch, Henning Zülch

引用次数: 0

New Solutions for Old Problems: Exploring Business Model Innovation in Food Sharing Platforms 老问题的新解决：探索食品共享平台的商业模式创新

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-30 DOI: 10.1002/bse.4265

Cecilia Grieco, Alberto Morgante

{"title":"New Solutions for Old Problems: Exploring Business Model Innovation in Food Sharing Platforms","authors":"Cecilia Grieco, Alberto Morgante","doi":"10.1002/bse.4265","DOIUrl":"https://doi.org/10.1002/bse.4265","url":null,"abstract":"Food insecurity and food waste are among the main contemporary global challenges facing us. Although problematic for societies over a long period, their greater prominence in the post‐pandemic scenario makes the need to find appropriate solutions, at both supply and consumption levels, increasingly urgent. Thus, while not new, there has been a recent surge of interest in these phenomena due to the global crisis of the last decades, policy shifts in international governance, and a greater awareness of the long‐term effects of technological and environmental trends. In this scenario, the emergence of food sharing platforms (FSPs) becomes an innovative solution in bringing about the efficient redistribution of surplus food, promising not only to mitigate food waste but also support those needing access to food resources. Despite their strategic importance, the ways these organizations innovate their business model (BM) has found scant attention in the literature. The purpose of this paper is to reveal the patterns and pathways of business model innovation (BMI) in FSP, shedding light on the main operational dynamics and innovation strategies applied by these platforms. To this end, the paper conducts a multiple case study analysis of six distinct FSPs, through semi‐structured interviews and extensive online research. The findings contribute to advancing the field of research into BMI and FSPs, filling the gap in studies on the topic. Moreover, from a managerial perspective, the research provides practitioners with knowledge about the best BMI practices in their industry, revealing different strategies to strengthen the role of FSPs in fostering sustainable consumption practices and in promoting social welfare.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"58 13 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143736636","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 Orientation, Sustainability Implementation, and Brand Image in Service Firms 服务企业的可持续发展取向、可持续发展实施与品牌形象

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-28 DOI: 10.1002/bse.4273

Sandeep Jagani, Vafa Saboori‐Deilami

{"title":"Sustainability Orientation, Sustainability Implementation, and Brand Image in Service Firms","authors":"Sandeep Jagani, Vafa Saboori‐Deilami","doi":"10.1002/bse.4273","DOIUrl":"https://doi.org/10.1002/bse.4273","url":null,"abstract":"This paper uses legitimacy theory and cognitive dissonance theory to explore the relationship between sustainability orientation, sustainability implementation, and brand image in the service sector. Specifically, we examine the mediating role of implementation—the translation of strategic intent into actionable practices—on customers' perceptions. Using multilevel analyses of 31 US service firms and a survey of 6891 customers, we find that sustainability implementation is a strong positive predictor of brand image. However, sustainability orientation alone has a negative direct effect on brand image, suggesting that stated commitments without corresponding action can harm perceptions. Crucially, sustainability implementation positively mediates the relationship between orientation and brand image. This research addresses a key gap in the literature by demonstrating that, in the service sector, genuine action, not just communication of intent, is essential for building a sustainable brand. From a practical standpoint, the findings highlight that strategic intent toward sustainability, while necessary, is insufficient. To avoid greenwashing perceptions, firms must couple their sustainability orientation with effective and visible implementation of environmental and social initiatives.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"100 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143734101","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

Unveiling the Relationship Between ESG and Growth of Unlisted Firms: Empirical Insights From Eastern Europe and Central Asia 揭示ESG与非上市公司成长的关系：来自东欧和中亚的实证洞察

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-28 DOI: 10.1002/bse.4257

Nosheen Rasool, Murugesh Arunachalam, Nirosha Hewa Wellalage, Vijay Kumar

{"title":"Unveiling the Relationship Between ESG and Growth of Unlisted Firms: Empirical Insights From Eastern Europe and Central Asia","authors":"Nosheen Rasool, Murugesh Arunachalam, Nirosha Hewa Wellalage, Vijay Kumar","doi":"10.1002/bse.4257","DOIUrl":"https://doi.org/10.1002/bse.4257","url":null,"abstract":"This study aims to uncover the empirical relationship between environmental, social and governance (ESG) factors and the growth of 19,956 unlisted firms in the East Europe and Central Asia (EECA) region. While the existing literature focuses on ESG performance in listed firms, there is a gap in understanding the growth dynamics of unlisted firms in EECA, which face challenges in implementing ESG initiatives due to resource constraints as the prime cause. The ESG index is constructed using principal component analysis (PCA), and growth is assessed through the variables of sales growth (SG), employment growth (EG) and asset growth (AG). To address endogeneity in the ESG–growth relationship, a two‐stage least squares (2SLS) estimator is employed, using instrumental variables. The results show a positive and significant relationship between ESG and growth indicators, emphasising the importance of sustainable practices for positive stakeholder relationships, enhanced reputation and long‐term growth. This research offers unique insights into the ESG–growth connection for unlisted firms in EECA, benefiting stakeholders by divulging employment opportunities in society and amplifying sales and asset growth.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"59 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143734064","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

Future Pathways for Net Zero Emission: Analyzing the Nexus of Entrepreneurship and Ecological Sustainability Development in Developed Economies 净零排放的未来路径：分析发达经济体企业家精神与生态可持续发展的关系

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-27 DOI: 10.1002/bse.4264

Mehmet Levent Erdas, Abdullah Emre Caglar, Emmanuel Uche, Zahoor Ahmed

{"title":"Future Pathways for Net Zero Emission: Analyzing the Nexus of Entrepreneurship and Ecological Sustainability Development in Developed Economies","authors":"Mehmet Levent Erdas, Abdullah Emre Caglar, Emmanuel Uche, Zahoor Ahmed","doi":"10.1002/bse.4264","DOIUrl":"https://doi.org/10.1002/bse.4264","url":null,"abstract":"This study aims to investigate the impact of entrepreneurship and green investments on environmental sustainability within the scope of Sustainable Development Goals for developed economies. The study conducts an in‐depth analysis from 2001 to 2022 and reveals the possible effects of increases and decreases in entrepreneurship. Based on the results of the empirical analysis, an asymmetric relationship between entrepreneurship and environmental sustainability has been determined in the short and long run. Although decreases in entrepreneurial activities cause a reduction in environmental quality, increases in entrepreneurial activities contribute to environmental sustainability. Increases in green investments provide improvements in environmental quality. These results show that entrepreneurial activities and green investments significantly impact environmental sustainability in developed economies. Based on these results, this study recommends that policymakers in developed countries incentivize green investments, foster the growth of sustainable entrepreneurial ventures, and implement policies that assess and enhance the environmental sustainability of entrepreneurial activities.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"16 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143713091","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 Sustainable Performance Matter for Nonfinancial Disclosure Readability? A Fog Index Analysis on Italian‐Listed Companies 可持续绩效对非财务信息披露的可读性有影响吗？意大利上市公司的雾指数分析

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-26 DOI: 10.1002/bse.4261

Giuseppe Maria Bifulco, Carlo Caserio, Francesca di Donato, Sara Trucco

{"title":"Does Sustainable Performance Matter for Nonfinancial Disclosure Readability? A Fog Index Analysis on Italian‐Listed Companies","authors":"Giuseppe Maria Bifulco, Carlo Caserio, Francesca di Donato, Sara Trucco","doi":"10.1002/bse.4261","DOIUrl":"https://doi.org/10.1002/bse.4261","url":null,"abstract":"This study aims to shed light on how corporate sustainable performance can influence the degree of nonfinancial disclosure (NFD) readability, determining which pillar of environmental, social and governance (ESG) performance has the most significant impact. To address these research questions, the study was conducted on a sample of Italian companies listed between 2017 and 2022, following the introduction of Directive 2014/95/EU. Using a panel regression, we aimed to examine the presence of a correlation between ESG performance and the readability of the reports (measured by the Gunning Fog index) employed by companies to disclose nonfinancial information. We successively conducted several robustness tests and verified the absence of multicollinearity and endogeneity. The results show that there is a positive and significant relationship between environmental performance and NFD readability, suggesting that companies with better environmental performance tend to make their disclosures more understandable and transparent. This result supports the signalling theory, according to which companies with good sustainability results try to distinguish themselves from others through clear and readable information. In contrast, no significant relationships are found for the social and governance dimensions, indicating that these variables may be less relevant in determining NFD readability. Practical implications highlight the importance of promoting accountability and transparency in sustainability reporting. Regulators, on the other hand, could use these findings to refine existing regulations and introduce more stringent standards in terms of transparency and readability, to reduce the risk of greenwashing and improve the overall quality of information provided to stakeholders.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"57 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143713218","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

Driving Circular Economy Strategies for Sustainable Development: The Role of Board Capital and Innovation Capacity in Emerging Markets 推动循环经济战略促进可持续发展：董事会资本和创新能力在新兴市场中的作用

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-26 DOI: 10.1002/bse.4256

Ishmael Wiredu, Naiping Zhu, Andrew Osei Agyemang, Hela Borgi

{"title":"Driving Circular Economy Strategies for Sustainable Development: The Role of Board Capital and Innovation Capacity in Emerging Markets","authors":"Ishmael Wiredu, Naiping Zhu, Andrew Osei Agyemang, Hela Borgi","doi":"10.1002/bse.4256","DOIUrl":"https://doi.org/10.1002/bse.4256","url":null,"abstract":"The transition to a circular economy (CE) is necessary for achieving sustainable development, yet research on governance mechanisms that drive CE strategies remains limited. This study bridges this gap and significantly advances studies CE, board governance, innovation, and sustainability by assessing the critical function of board capital in driving CE strategies within manufacturing companies in emerging economies, specifically the Middle East and North Africa (MENA) area. Drawing on agency theory and resource‐based theory, the study develops models to assess the influence of board human and social capital on CE strategies, with innovation capacity as a key moderating factor. Using panel data from 268 manufacturing firms between 2010 and 2022 and employing dynamic generalized method of moments (GMM) technique, the outcome reveal that both board human and social capital significantly and positively influence CE strategies. Notably, innovation capacity not only enhances CE strategies directly but also amplifies the impact of board capital, underscoring the synergistic connection between governance and innovation in driving sustainability. The study highlights substantial heterogeneity in the effect of board capital on CE strategies across the MENA region. These findings remain robust after conducting several robustness and diagnostic tests. For firms, the study emphasizes the need to invest in building a diverse, skilled, and well‐connected board capable of leading circular strategies. For policymakers, it highlights the importance of creating frameworks that strengthen board governance and foster innovation ecosystems, enabling boards to promote the adoption of CE strategies.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"27 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143702750","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

Building a Green Business: Exploring the Role of Organizational Culture and Human Resource Management Through a Case Study Approach 构建绿色企业：通过案例研究方法探讨组织文化和人力资源管理的作用

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-26 DOI: 10.1002/bse.4266

Kristina Zabala, Carmela Peñalba‐Aguirrezabalaga, Lorea Narvaiza, Arantza Zubiaurre

引用次数: 0

Prevention Is Better Than Cure? Climate Mitigation and Adaptation Patents and Firm Performance 预防胜于治疗？气候减缓和适应专利与企业绩效

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-26 DOI: 10.1002/bse.4260

Pankaj C. Patel

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Corporate Sustainability and M&A Acquisition Premiums 企业可持续性与并购收购溢价

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-26 DOI: 10.1002/bse.4259

Gimede Gigante, Ludovico Galli, Francesca Scarlini

引用次数: 0