Business Strategy and The Environment最新文献

{"title":"Highly Reliable Organisations and Sustainability Risk Management: Safety Cultures in the Nigerian Oil and Gas Supply Chain Sector","authors":"Ashem Emmanuel Egila,&nbsp;Muhammad Mustafa Kamal,&nbsp;Sachin Kumar Mangla,&nbsp;Nick Rich,&nbsp;Benny Tjahjono","doi":"10.1002/bse.4091","DOIUrl":"10.1002/bse.4091","url":null,"abstract":"<p>This study investigates the environmental consequences of pursuing profits in the oil and gas industry, focusing on Nigeria. It examines the role of top management commitment, safety culture and stakeholder risk prioritisation in the industry. By surveying 441 stakeholders, this study highlights the importance of extensive stakeholder engagement and a systemic supply chain approach in building resilience and shaping sustainable practices. The findings reveal that stakeholder risk perception influences sustainability risk management; however, variations in risk prioritisation between internal and external stakeholders remain a challenge. The study advocates for a paradigm shift and emphasises the crucial role of high-reliability management in guiding organisations towards effective risk mitigation strategies for the industry's immediate health, communities, environment and future.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2680-2701"},"PeriodicalIF":12.5,"publicationDate":"2024-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4091","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142908518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Making Sustainability Tensions Salient: Changing Information or People?","authors":"Siarhei Manzhynski,&nbsp;Frank Figge,&nbsp;Andrea Stevenson Thorpe","doi":"10.1002/bse.4123","DOIUrl":"10.1002/bse.4123","url":null,"abstract":"<p>Sustainability issues are associated with numerous tensions. These tensions are sometimes being referred to as wicked or even paradoxical. As long as tensions stay latent for organizational members, they will not be perceived and, thus, will not be adequately managed. The question of how tensions become salient is therefore of particular interest. Prior research suggests that contextual and cognitive factors render latent tensions salient and argues that advanced cognition is required to recognize sustainability tensions. In this paper, we show that developing cognition is only one possible strategy. We argue that information links a situation with actors' cognition and is therefore vital for rendering latent sustainability tensions salient. We show that simplifying information and making information more complex are two additional ways to recognize sustainability tensions. The situation–information–cognition (SIC) rule we develop in this article shows when and under which conditions the three strategies apply interchangeably or in combination.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2702-2717"},"PeriodicalIF":12.5,"publicationDate":"2024-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4123","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142908522","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Dual-threshold effect of resources and governance on the role of regulations in green innovation: Novel insights from a four-regime panel approach","authors":"Pengcheng Tang,&nbsp;Xuan Liu,&nbsp;Lili Mi,&nbsp;Guolin Wang,&nbsp;Junyu Wang","doi":"10.1002/bse.4040","DOIUrl":"https://doi.org/10.1002/bse.4040","url":null,"abstract":"<p>Diverging from existing literature that predominantly examines the individual impacts of environmental regulations, financial resources, and governance focus on green innovation, our study introduces an innovative theoretical framework based on institutional theory, resource-based view, and attention-based view to elucidate the collective interplay of these factors in “going green.” Employing a state-of-the-art threshold regression with two threshold variables, our empirical results highlight that only when critical values for both financial resources and governance focus on environmental concerns are simultaneously achieved, does the negative influence of environmental regulations on green innovation transform into a positive effect. Furthermore, less than 10% of observations enter the corresponding threshold interval, with financial resources acting as a peripheral condition in contrast to the central role of governance focus. These findings have significant practical implications for the implementation of environmental regulations and green financial policies, particularly in China and similar emerging economies, where governmental intervention remains pivotal in environmental stewardship.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2667-2679"},"PeriodicalIF":12.5,"publicationDate":"2024-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143362982","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":"The Quantum Leap Toward a Sustainable Future: Exploring the Nexus Between Blockchain, Circular Economy, and Managerial Perceptions","authors":"Mohammad Dalvi-Esfahani,&nbsp;Nasrin Azar,&nbsp;Lam Wai Leong,&nbsp;T. Ramayah,&nbsp;Moniruzzaman Sarker","doi":"10.1002/bse.4112","DOIUrl":"10.1002/bse.4112","url":null,"abstract":"<div>\u0000 \u0000 <p>The planetary ecosystem currently confronts a myriad of dire environmental predicaments, necessitating immediate and decisive action to forestall irreversible damage wrought by economic activities. Embracing the tenets of circular economy (<span>CE</span>) presents a compelling and exigent opportunity to attenuate wastage and engender resource recycling. In this milieu, blockchain technology (BCT) emerges as a pivotal instrumentality in imbricating <span>CE</span> principles into the tapestry of environmentally conscientious supply chain practices. However, the enigmatic nature of the factors that undergird the seamless integration of BCT into <span>CE</span> practices bespeaks a pressing need for further elucidation. This inquiry endeavors to scrutinize executives' perspectives regarding adopting BCT as a fulcrum for <span>CE</span> and its multifaceted impact on organizational performance. A research model predicated on the belief–action–outcome (BAO) framework was conceptualized and scrutinized utilizing partial least squares structural equation modeling (PLS-SEM) with data gleaned from 164 responses from Malaysian manufacturing firms. The findings evince that respondents' attitudes were significantly swayed by the organizational <span>CE</span> culture, their cognitive grasp of BCT principles, and their normative inclinations. Furthermore, the investigation unearthed that personal norms and attitudes wielded a palpable influence on the inclination to adopt BCT to catalyze <span>CE</span>, thereby exerting a substantive impact on the organization's economic and environmental performance. A roadmap delineating a trajectory to further facilitate BCT-propelled <span>CE</span> is proffered.</p>\u0000 </div>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2630-2649"},"PeriodicalIF":12.5,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142908510","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":"Corporate Anti-Corruption Disclosure and Corporate Sustainability Performance in the United Kingdom: Does Sustainability Governance Matter?","authors":"Ali Meftah Gerged,&nbsp;Rami Salem,&nbsp;Musa Ghazwani","doi":"10.1002/bse.4108","DOIUrl":"10.1002/bse.4108","url":null,"abstract":"<p>This research investigates the potential effects of companies' commitments to disclose their anti-corruption efforts on their sustainability performance. Additionally, we aim to analyze whether the existence of a sustainability committee influences this relationship. To achieve these objectives, we gathered data from 5344 firm-year observations of companies listed on the FTSE 350 index from 2008 to 2023. Our findings provide strong empirical support for a positive relationship between companies' anti-corruption disclosures and their sustainability performance. Furthermore, our evidence suggests that the presence of a sustainability committee acts as a viable complement to anti-corruption disclosures, driving improved sustainability performance. Our study highlights practical implications for organizations, regulators, and policymakers, and it opens avenues for future research.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2589-2606"},"PeriodicalIF":12.5,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4108","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142908520","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"From Niches to Global Value Chains: The Role of Firms' Collaborative Strategies in the Bioeconomy","authors":"Martina Ayoub,&nbsp;Nicolas Befort,&nbsp;Mireille Matt","doi":"10.1002/bse.4107","DOIUrl":"10.1002/bse.4107","url":null,"abstract":"<p>The bioeconomy is expected to carry out the transition towards a bio-based economy thanks to the transformation of petrochemical and fossil fuel value chains. Nevertheless, bio-based innovations fail to overcome the hurdle of commercialisation and appropriation. This paper offers a renewed understanding of this problem by combining the niche-to-regime transition literature with the global value chain literature. The article hypothesises that to overcome the challenge of commercialisation and appropriation, bio-based innovations need to break out of their sociotechnical niches and integrate global value chains (GVCs). To achieve this, niche players and lead firms in GVCs need to collaborate together. Using the case of microalgae, we theorise a time-sensitive typology of collaborations according to the three phases mapped around innovation development from emergence to diffusion and commercialisation. This study highlights that the type of collaboration to adopt depends on the level of development of an innovation, suggesting that the study of collaborations as diffusion and commercial strategy deserves further attention in transition studies and GVCs literature.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2571-2588"},"PeriodicalIF":12.5,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4107","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142901953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Impact of Firm-Level Political Risk on Eco-Innovation: The Moderating Effect of CEO Power","authors":"Ayotola Owolabi,&nbsp;Mohammad Mahdi Mousavi,&nbsp;Giray Gozgor,&nbsp;Jing Li","doi":"10.1002/bse.4124","DOIUrl":"10.1002/bse.4124","url":null,"abstract":"<p>This study examines the impact of firm-level political risk on eco-innovation at the firm level, particularly emphasizing the moderating role of CEO power in this relationship. Using a dataset from 33 countries from 2006 to 2022, we employ two-step dynamic panel data estimations to address endogeneity concerns. The findings highlight a positive impact of political risk on eco-innovation, which is further strengthened in the presence of a powerful CEO. This evidence implies that effective leadership from CEOs can assist firms in navigating political risks and advancing sustainable initiatives. The results remain robust across various specifications, including alternative measurements for firm-level political risk. The study highlights the crucial role of CEOs in managing political risks and facilitating eco-innovative practices within firms.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2650-2666"},"PeriodicalIF":12.5,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4124","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142901895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Exploring Materiality and Stakeholder Engagement in European Water Utilities' Sustainability Strategies, Organizational Practices, and Reporting","authors":"Davide Giacomini,&nbsp;Laura Rocca,&nbsp;Davide Tonoli","doi":"10.1002/bse.4109","DOIUrl":"10.1002/bse.4109","url":null,"abstract":"<p>Materiality is a key principle enabling organizations to determine what information to disclose, serving as both a filtering mechanism and a strategic tool shaped by institutional dynamics. Institutional logics, which inform and legitimize organizational practices, significantly influence accountability and reporting processes, including the application of materiality. Effective water management is essential for sustainable development, making the water industry a key sector for exploring materiality and stakeholder engagement within sustainability strategies. This study explores the integration of the materiality principle, stakeholder engagement, and related organizational practices into the sustainability strategies and reporting of the European water industry between 2020 and 2022. Through content analysis of sustainability reports from 26 European water utilities, the study identifies three primary stakeholder engagement approaches: one-way communication, dialogic interaction, and multi-directional dialog. The prevailing trend is a dialogic approach that has evolved over time, though concerns about its relevance and effectiveness remain. Additionally, the study examines disclosed material topics, noting a dominant focus on environmental concerns and health and safety, with economic and governance issues receiving comparatively less attention. It emphasizes the need to improve the materiality process by integrating insights from accounting research into organizational practices and underscores the importance of effective stakeholder engagement for fostering trust and collaboration, particularly in vital sectors like water management. The findings offer valuable perspectives for policymakers, emphasizing the need to design robust mechanisms that promote stakeholder engagement. While progress in this area in recent years is evident, as demonstrated by this research, it must quickly evolve into a fundamental component of effective water management to avoid the risk of becoming merely an organizational façade.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2607-2629"},"PeriodicalIF":12.5,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4109","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142901952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Assessing the Impact of Board Sustainability Committees on Greenhouse Gas Performance: Evidence From Industrialised European Countries","authors":"Emmanuel A. Morrison,&nbsp;Douglas A. Adu,&nbsp;Guo Yongsheng,&nbsp;Danson Kimani,&nbsp;Vida Y. Saa","doi":"10.1002/bse.4073","DOIUrl":"10.1002/bse.4073","url":null,"abstract":"<p>This study examines the impact of executive compensation (EC) and board sustainability integration index (BSII) on both greenhouse gas emissions (GHGE) and greenhouse gas management processes (GGMP). Additionally, it investigates the relationship between GGMP and GHGE to assess the effectiveness of process-oriented measures in reducing actual emissions. Through the lens of legitimacy theory and incentive alignment theory, we harness an extensive dataset encompassing 15,876 firm-year observations across 22 industrialised European countries from 2002 to 2022. First, the findings show that although EC positively correlates with enhanced GGMP, it has an insignificant effect on GHGE reduction. Second, the results suggest that although BSII independently bolster sustainability initiatives, the moderating effect of BSII on EC (EC*BSII) may lead to a legitimacy gap. This gap emerges when the relationship of EC and BSII falls short of societal expectations regarding environmental performance, potentially eroding organisational legitimacy. Third, the findings indicate that firms that engage in GGMP also tend to have higher levels of GHGE, pointing to the use of GGMP by firms as a means of symbolic legitimation.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2529-2555"},"PeriodicalIF":12.5,"publicationDate":"2024-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4073","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142887415","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Advancing Sustainable Development Through Environmental Performance Monitoring: The Organisational Life Cycle Assessment","authors":"Salik Ahmed,&nbsp;Marco Ciro Liscio,&nbsp;Paolo Sospiro,&nbsp;Irene Voukkali,&nbsp;Antonis A. Zorpas","doi":"10.1002/bse.4115","DOIUrl":"10.1002/bse.4115","url":null,"abstract":"<p>The growing importance of sustainability poses significant challenges to companies, particularly micro, small, and medium enterprises (MSMEs). Product life cycle assessment focuses on individual products, often leaving MSMEs without a complete picture of their overall environmental impact, especially within complex and long value chains. Organisational Life Cycle Assessment (OLCA) appears to be a valid approach to address these challenges by assessing all activities within an organisation. OLCA offers a comprehensive view of an organisation’s sustainability performance, overcoming the challenges often faced by MSMEs, such as resource constraints and challenges within the value chain when adopting product LCA. By integrating OLCA with product LCA, companies can gain a more holistic understanding of their environmental impacts, improving both environmental assessments and ethical business conduct. The findings of this research assess OLCA’s presence in literature and industry, exploring its content and practical applications demonstrated through case studies. It emerges that the adoption and use of the methodology have great potential especially for small and medium enterprises, as they are often left outside the comprehensive view of the life cycle of a single product, making it difficult for these companies to approach environmental performance monitoring. Therefore, the OLCA could address this gap, becoming a reference approach for companies that need to disclose about environmental impact. Due to its relatively recent nature, companies still struggle with its adoption. Scientific research on this, therefore, becomes crucial in its spread and adoption, stressing the benefits and limitations, as well as providing evidence of case studies. This paper aims to address this gap and pone itself as a cornerstone for future researchers to pursue on this path and for companies to foster a broader, offering a dual perspective with product LCA.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"34 2","pages":"2556-2570"},"PeriodicalIF":12.5,"publicationDate":"2024-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bse.4115","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142887362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}