Business Strategy and The Environment最新文献_第8页

Gender Diversity Leadership and ESG Performance: The Influence of Women on Boards and in Management 性别多元化领导与ESG绩效：女性在董事会和管理层的影响

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-12 DOI: 10.1002/bse.4241

Davide Sandretto, Alessandro Rizzi, Gabriella Esposito

{"title":"Gender Diversity Leadership and ESG Performance: The Influence of Women on Boards and in Management","authors":"Davide Sandretto, Alessandro Rizzi, Gabriella Esposito","doi":"10.1002/bse.4241","DOIUrl":"https://doi.org/10.1002/bse.4241","url":null,"abstract":"In recent years, there has been a growing interest among companies and regulatory bodies in adhering to environmental, social, and governance (ESG) standards, alongside an increased involvement of women in organizational decision‐making processes. In this study, we investigate the potential advantages of female representation in leadership positions on the firms' ESG performance. Using a dataset comprising 2646 public companies across Europe, America, and Asia from 2013 to 2022, we find a significant positive correlation between gender diversity and companies' sustainability performance. However, a granular analysis of the three pillars (environment, social, and governance) reveals nuanced results. Specifically, board gender diversity is only positively related to the governance score, but females in managerial positions are associated with higher social scores. These findings consistently hold after conducting a series of robustness tests to address endogeneity concerns. Our study provides practical implications for policymakers and practitioners, advocating for greater engagement of women in leadership roles.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"32 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143608408","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

Aero‐Circularity: Charting the Flight Path Between Circular Economy and Sustainability Performance 航空循环：绘制循环经济和可持续发展绩效之间的飞行路径

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4235

Aitor Salesa, Raúl León, Jose M. Moneva

{"title":"Aero‐Circularity: Charting the Flight Path Between Circular Economy and Sustainability Performance","authors":"Aitor Salesa, Raúl León, Jose M. Moneva","doi":"10.1002/bse.4235","DOIUrl":"https://doi.org/10.1002/bse.4235","url":null,"abstract":"The aircraft manufacturing industry faces a critical juncture due to the necessity to replace ageing fleets and address the environmental impact of the industry dimension. The high demand for new aircraft and limited production capacity has driven industry leaders to integrate Circular Economy (CE) principles into their manufacturing and maintenance strategies, trying to increase aircraft lifespan.This study examines the specific CE actions implemented by aircraft manufacturers and assesses their impact on sustainability performance. Sustainability reports and non‐financial disclosures were analysed using a taxonomy tailored to the industry to identify CE actions. Econometric models were then employed to analyse the relationship between the number of CE actions adopted and sustainability performance, using REFINITIV's sustainability performance scores as dependent variables.Results indicate that companies are starting to adopt CE actions focused on product life extension and repairability. Furthermore, the analysis demonstrates that companies with more declared CE actions exhibit higher environmental and corporate governance performance. Hence, this study empirically validates the link between adopting CE actions and improved sustainability performance, offering practical guidance for aircraft manufacturers and informing policymakers, investors, and other stakeholders on the benefits of CE actions in the industry.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"8 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143599933","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

Heads Must Roll: How External and Internal Factors Combine to Improve Corporate Environmental Performance 头脑必须清醒：外部和内部因素如何共同改善企业环境绩效

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4234

J. Alberto Aragón‐Correa, Natalia Ortiz‐de‐Mandojana, Mike Barnett

{"title":"Heads Must Roll: How External and Internal Factors Combine to Improve Corporate Environmental Performance","authors":"J. Alberto Aragón‐Correa, Natalia Ortiz‐de‐Mandojana, Mike Barnett","doi":"10.1002/bse.4234","DOIUrl":"https://doi.org/10.1002/bse.4234","url":null,"abstract":"Despite decades of widespread corporate sustainability programs, corporate greening remains insufficient. What can drive firms to go greener? Drawing from an attention‐based view of the firm, we hypothesize that a significant external shock can draw greater organizational attention to greening. However, the increased attention will fail to produce improvement in environmental performance unless it is combined with an internal shock sufficient to disrupt established routines. Through an empirical test of a large longitudinal data set, we indeed find that the external shock of a large environmental fine shifts organizational attention toward environmental issues. However, this shift in attention does not lead to improved corporate environmental performance unless accompanied by an internal shock, CEO turnover. If the CEO remains after a large environmental fine, corporate environmental performance does not improve. These findings help to explain the disconnect between green talk and action after decades of corporate sustainability and points out the need for further investigation of the combination of external and internal factors that can drive further improvements in corporate environmental performance.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"23 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143599932","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

On the Right Path to Circularity or Running Around in Circles? A Fresh Perspective on Circular Business Model Barriers 在正确的道路上循环还是绕着圈子跑？循环商业模式障碍的新视角

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4225

Johan Frishammar, Vinit Parida, Debadrita Panda, Jenni Kaipainen

引用次数: 0

Leveraging Resource Management and Duality Theories to Strengthen Circular Economy Practices in the Waste‐to‐Energy Industry 利用资源管理和二元理论加强废物转化能源行业循环经济实践

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4219

Adhya Rare Tiara, Benny Tjahjono, Macarena Beltran, Francis Rayns, Philip Longhurst

{"title":"Leveraging Resource Management and Duality Theories to Strengthen Circular Economy Practices in the Waste‐to‐Energy Industry","authors":"Adhya Rare Tiara, Benny Tjahjono, Macarena Beltran, Francis Rayns, Philip Longhurst","doi":"10.1002/bse.4219","DOIUrl":"https://doi.org/10.1002/bse.4219","url":null,"abstract":"With the immediate actions required to address environmental issues posed by waste generation and the growing interest in the circular economy, anaerobic digestion (AD) offers a promising solution. As a major component of waste‐to‐energy, AD plays a dual role by processing waste and generating renewable energy at the same time, thus contributing to the success of closed‐loop systems. However, the success of AD as a business remains uncertain due to the high costs of material handling. Through a systematic literature review (SLR), this study reveals AD‐specific key barriers in feedstock exchanges and typical strategies applied to address them. The dual role of AD and the involvement of different stakeholders in the upstream processes further complicate these challenges, thus necessitating a more holistic approach to strategy formulation—an aspect not fully covered in the current literature. These gaps present opportunities to theorise the unique operations of AD businesses and the dynamics of multi‐stakeholders in complex feedstock supply processes. This study integrates resource management theories and duality theory, proposing a theoretical framework to enhance the sustainability and circularity of AD ventures. The proposed framework views AD from a resource‐oriented perspective and thus reinforces its pivotal role in fostering a truly closed‐loop system within the circular economy.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"54 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143599936","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

IT‐Enabled Organisational Transformation and Green Employment Growth in Microfirms IT驱动的组织转型与微型企业的绿色就业增长

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4239

Pelin Demirel, Effie Kesidou, Gamze Ozturk Danisman

{"title":"IT‐Enabled Organisational Transformation and Green Employment Growth in Microfirms","authors":"Pelin Demirel, Effie Kesidou, Gamze Ozturk Danisman","doi":"10.1002/bse.4239","DOIUrl":"https://doi.org/10.1002/bse.4239","url":null,"abstract":"In this paper, we explore whether IT‐enabled organisational transformation (ITOT) moderates the relationship between eco‐innovation and the growth performance of microfirms. Our framework conceptualises ITOT in microfirms as a multistage process that includes: (i) setting a digitalisation strategy, (ii) adopting advanced information systems technology (IST) artefacts and (iii) developing in‐house digital resources and capabilities. The analysis of a sample of 5015 microfirms from 39 countries indicates that eco‐innovations boost firm growth when coupled with (i) a formalised digitalisation strategy, (ii) adoption of advanced IST artefacts (e.g., digital technologies that characterise Industry 4.0) and (iii) digital resources and capabilities in microfirms. These findings contribute to the growing digitalisation literature by highlighting the essential role that ITOT processes play in enabling sustainability‐led growth pathways for microfirms. The paper advocates for the viability and performance benefits of a twin digital and ecological transformation and showcases the potential of ITOT for an economically successful net‐zero transition that embraces microfirms.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"21 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143599939","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

Investing in a Cleaner Future: The Role of Institutional Investors in Corporate Waste Management 投资于更清洁的未来：机构投资者在企业废物管理中的作用

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4222

Afef Slama, Khaled Ghozzi, Faten Lakhal, Assil Guizani, Khaled Hussainey

{"title":"Investing in a Cleaner Future: The Role of Institutional Investors in Corporate Waste Management","authors":"Afef Slama, Khaled Ghozzi, Faten Lakhal, Assil Guizani, Khaled Hussainey","doi":"10.1002/bse.4222","DOIUrl":"https://doi.org/10.1002/bse.4222","url":null,"abstract":"As environmental sustainability gains prominence, institutional investors are increasingly recognized for their influence on corporate environmental practices. Despite this growing interest, their impact on waste management and circular economy initiatives is yet to be explored. This study seeks to bridge this gap by examining how institutional investors' ownership and investment horizon affect corporate waste management in France, where companies face increasing regulatory pressure under the 2015 Energy Transition Law. Analyzing 1001 firm‐year observations over 2011–2021 in France, the results reveal that long‐term (short‐term) institutional investors negatively (positively) affect waste generation. This suggests that long‐term investors exert pressure on managers to prioritize waste reduction strategies, supporting the neo‐institutional theory perspective. Further analysis shows that the effect of long‐term institutional investors on waste generation has accentuated after the adoption of the French Law on the Energy Transition in 2015, especially for firms with high environmental performance and strong corporate governance and those operating in environmentally sensitive industries. These results offer actionable insights for policymakers, investors, and corporate managers seeking to promote sustainable waste management practices.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"16 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143599935","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

Enhancing Corporate Sustainability Through Customer Centricity and Corporate Purpose 通过以客户为中心和企业宗旨增强企业可持续性

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4232

Sergio Pardo‐Jaramillo, Álvaro Lleó‐de‐Nalda, Miguel I. Gómez, Ignacio Osuna Soto

引用次数: 0

Orchestration in Mature Entrepreneurial Ecosystems Towards a Circular Economy: A Dynamic Capabilities Approach 走向循环经济的成熟创业生态系统中的协调：动态能力方法

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4229

Wisdom Kanda, Magnus Klofsten, Dzamila Bienkowska, David B. Audretsch, Martin Geissdoerfer

{"title":"Orchestration in Mature Entrepreneurial Ecosystems Towards a Circular Economy: A Dynamic Capabilities Approach","authors":"Wisdom Kanda, Magnus Klofsten, Dzamila Bienkowska, David B. Audretsch, Martin Geissdoerfer","doi":"10.1002/bse.4229","DOIUrl":"https://doi.org/10.1002/bse.4229","url":null,"abstract":"The novelty of this article lies in its focus on how mature ecosystems align their members around a new value proposition, specifically supporting circular economy entrepreneurship. We use dynamic capabilities theory to analyse the coordination and collaboration challenges in entrepreneurial ecosystems that seek to support entrepreneurship based on circular economy strategies. Drawing on interviews with 34 ecosystem actors and 70 circular new ventures, as well as three focus group discussions, we identify key challenges that hinder the ecosystem's alignment: (i) a lack of shared understanding of the circular economy concept, (ii) diverse business strategies for circular value creation, (iii) insufficient support tools for circular new ventures and (iv) limited interactions between specialists and generalists. Overcoming these challenges requires ecosystem orchestrators with a holistic perspective, strong legitimacy and the ability to mobilize ecosystem‐level resources. These orchestrators must foster a shared vision (sensing), promote investment in circular expertise (seizing) and adapt the ecosystem to the evolving needs of circular new ventures (reconfiguring). Using the circular economy context, we contribute to ecosystem theory by highlighting the importance of materiality, the emergence of geographically unbound entrepreneurial ecosystems and the role of non‐market exchanges. For practitioners, this article offers actionable insights for reconfiguring mature entrepreneurial ecosystems for new value propositions such as providing support for circular economy entrepreneurs.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"161 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143599937","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 a Paradoxical Frame Encourage Green Behavior in Consumers? 自相矛盾的框架会鼓励消费者的绿色行为吗？

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-03-11 DOI: 10.1002/bse.4226

Francesco Testa, Natalia Marzia Gusmerotti, Vinicio Di Iorio, Marco Frey

{"title":"Does a Paradoxical Frame Encourage Green Behavior in Consumers?","authors":"Francesco Testa, Natalia Marzia Gusmerotti, Vinicio Di Iorio, Marco Frey","doi":"10.1002/bse.4226","DOIUrl":"https://doi.org/10.1002/bse.4226","url":null,"abstract":"Green consumption presents a unique challenge: While it advocates for environmental protection through purchasing choices and consumption habits, it can also create a psychological tension by merging two long‐standing sociocultural opposites, namely, consumption and environmental stewardship. Leveraging the paradox theory, we investigate whether the ability to navigate such a tension predicts green consumption. Our framework underwent testing in two studies. Study 1 scrutinizes Italian respondents (n = 1029), while Study 2 replicates the framework on a larger scale across France, Germany, Italy, Spain, and Poland (n = 5124), focusing on clothing. Both studies reveal that consumers capable of grappling with such a tension are more likely to engage in green consumption, including sharing and purchasing second‐hand, responsible use and disposal, and repairing. By introducing a new cognitive frame for green consumption that accommodates the plurality of goals and quantifying its impact, this research unveils the power of embracing tensions in consumption for the benefit of the planet.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"32 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143599938","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