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

Corporate Environmental Performance Leading Financial Performance: Impacts of Social Media Sentiment and Corporate Reputation

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-13 DOI: 10.1002/bse.4201

Tiasha Islam, Murugesh Arunachalum, Nirosha Wellalage, Samuel Benjamin

{"title":"Corporate Environmental Performance Leading Financial Performance: Impacts of Social Media Sentiment and Corporate Reputation","authors":"Tiasha Islam, Murugesh Arunachalum, Nirosha Wellalage, Samuel Benjamin","doi":"10.1002/bse.4201","DOIUrl":"https://doi.org/10.1002/bse.4201","url":null,"abstract":"This study examines the interplay between social media sentiment (SMS) and corporate reputation (CR) in shaping the relationship between corporate environmental performance (CEP) and corporate financial performance (CFP). Using a dataset of S&P 500 companies from 2017 to 2022, the results indicate that both CR and SMS positively influence the CEP–CFP relationship. However, when firms have weak reputations, a strong social media presence does not translate positive CEP into improved CFP. This research is among the first to explore the combined impact of SMS and CR on the CEP–CFP relationship, addressing the notable gap in the literature. In addition, the empirical findings offer insights into resource‐based views, legitimacy and ethical investment theories by demonstrating environmental performance as a competitive advantage. This aligns with the ethical investment theory's premise that stakeholders value environmentally responsible business practices. Finally, the study provides practical implications for managers, emphasising the importance of prioritising efforts to build and maintain a positive reputation for effective communication through social media.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"25 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143417219","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 and Innovation Speed: The Moderating Effects of Competitive Intensity and R&D Agility

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-13 DOI: 10.1002/bse.4205

Samuel Adomako, Nguyen Phong Nguyen

{"title":"Sustainability Orientation and Innovation Speed: The Moderating Effects of Competitive Intensity and R&D Agility","authors":"Samuel Adomako, Nguyen Phong Nguyen","doi":"10.1002/bse.4205","DOIUrl":"https://doi.org/10.1002/bse.4205","url":null,"abstract":"This article explores the contingent factors that shape the relationship between sustainability orientation and innovation speed. Although the body of research on sustainability orientation is growing, a lack of studies focusing on the contextual and boundary conditions affecting sustainability orientation. Additionally, little is known about how sustainability orientation influences innovation speed in emerging markets. To address this, we expand the literature by developing and testing a model that examines the moderating effects of R&D agility and competitive intensity on the link between sustainability orientation and innovation speed. Specifically, we investigate how sustainability orientation affects innovation speed and how R&D and perceptions of competitive intensity moderate this effect. Based on time‐lagged data from 257 manufacturing firms in Vietnam, our findings reveal that sustainability orientation negatively influences firms' innovation speed. The results also reveal that R&D agility attenuates the negative impact of sustainability orientation on innovation speed. Furthermore, we observe that the negative relationship between sustainability orientation and innovation speed is weakened when both R&D agility and competitive intensity are high. Our detailed analysis extends the conceptual reach of sustainability orientation and increases its applicability to non‐Western contexts.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"15 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143418408","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

Aligning Financing Strategies With Circular Business Principles: A Multicriteria Decision Framework 使融资战略符合循环商业原则：多标准决策框架

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-13 DOI: 10.1002/bse.4199

João Zambujal‐Oliveira, Ana Franco, Beatriz Fernandes

引用次数: 0

Board Gender Diversity and Carbon Trade Finance: Evidence From Multinational Corporations on the Role of Institutional Quality and Cultural Environment

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-13 DOI: 10.1002/bse.4180

Babajide Oyewo, Olayinka Moses, Nurlan Orazalin

{"title":"Board Gender Diversity and Carbon Trade Finance: Evidence From Multinational Corporations on the Role of Institutional Quality and Cultural Environment","authors":"Babajide Oyewo, Olayinka Moses, Nurlan Orazalin","doi":"10.1002/bse.4180","DOIUrl":"https://doi.org/10.1002/bse.4180","url":null,"abstract":"This study investigates whether board gender diversity influences carbon trade finance and ultimately achieves decarbonisation targets. Using a dataset of 5198 firm‐year observations from 336 multinational corporations (MNCs) spanning 42 industries and 32 countries over the period 2006–2022, we employ panel regression analysis to uncover key insights. Our findings reveal that although board gender diversity is positively associated with carbon trade finance, a critical mass of at least four female board directors is necessary to exert significant influence. Our results highlight the critical role of institutional factors, such as high control of corruption, strong voice and accountability, government effectiveness and a strong rule of law, in enhancing the impact of board gender diversity on carbon trade finance. Additionally, cultural environments play a pivotal role in shaping the relationship between board gender diversity and carbon trade finance. Our main conclusions are robust across alternative measures and validated using two‐stage least squares and propensity score matching techniques. We contribute to the literature on board gender diversity and carbon trade finance by empirically demonstrating the role of (in)formal institutional factors that influence the effectiveness of female directors in achieving sustainability outcomes. The findings offer valuable policy and practical implications for managers, regulators and stakeholders, shedding light on the interplay among board gender diversity, carbon emissions management, and the governance and cultural contexts at the country level.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"27 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143401196","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

Circular Economy Outcomes in Banks: The Role of Environmental Strategy, Women, and the Sustainability Committee

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-13 DOI: 10.1002/bse.4197

Evita Allodi, Maria Gaia Soana

引用次数: 0

Determinants of Generative AI in Promoting Green Purchasing Behavior: A Hybrid Partial Least Squares–Artificial Neural Network Approach

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-12 DOI: 10.1002/bse.4186

Behzad Foroughi, Bita Naghmeh‐Abbaspour, Jun Wen, Morteza Ghobakhloo, Mostafa Al‐Emran, Mohammed A. Al‐Sharafi

{"title":"Determinants of Generative AI in Promoting Green Purchasing Behavior: A Hybrid Partial Least Squares–Artificial Neural Network Approach","authors":"Behzad Foroughi, Bita Naghmeh‐Abbaspour, Jun Wen, Morteza Ghobakhloo, Mostafa Al‐Emran, Mohammed A. Al‐Sharafi","doi":"10.1002/bse.4186","DOIUrl":"https://doi.org/10.1002/bse.4186","url":null,"abstract":"In the era of rapid technological advancement, generative artificial intelligence (AI) has emerged as a transformative force in various sectors, including environmental sustainability. This research investigates the factors and consequences of using generative AI to access environmental information and influence green purchasing behavior. It integrates theories such as the information adoption model, value–belief–norm theory, elaboration likelihood model, and cognitive dissonance theory to pinpoint and prioritize determinants of generative AI usage for environmental information and green purchasing behavior. Data from 467 participants were analyzed using a hybrid methodology that blends partial least squares (PLS) with artificial neural networks (ANN). The PLS outcomes indicate that interactivity, responsiveness, knowledge acquisition and application, environmental concern, and ascription of responsibility are key predictors of generative AI use for environmental information. Furthermore, environmental concerns, green values, personal norms, ascription of responsibility, individual impact, and generative AI use emerge as predictors of green purchasing behavior. The ANN analysis offers a unique perspective and discloses variations in the hierarchy of these predictors. This research provides valuable insights for stakeholders on harnessing generative AI to promote sustainable consumer behaviors and environmental sustainability.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"55 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143393003","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

Millennial Consumers' Intention to Purchase Organic Food: Do Environmental Concerns Matter?

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-11 DOI: 10.1002/bse.4162

Harry Jay M. Cavite

{"title":"Millennial Consumers' Intention to Purchase Organic Food: Do Environmental Concerns Matter?","authors":"Harry Jay M. Cavite","doi":"10.1002/bse.4162","DOIUrl":"https://doi.org/10.1002/bse.4162","url":null,"abstract":"While the organic food market continues to grow globally, millennials' purchase intentions for organic products often lag behind their expressed interest in sustainability. This study investigates the factors influencing millennials' purchase intentions and examines the moderating role of environmental concerns in the organic food context, addressing business strategy gaps in leveraging environmental concerns for increased organic food consumption. Using a unified framework based on the theory of planned behaviour (TPB), data were collected from 499 millennial consumers through structured online surveys. Structural equation modelling (SEM) was employed to validate the proposed direct and moderating hypotheses. The results reveal that attitude, perceived behavioural control and trust in organic food are significant predictors of purchase intention. Moreover, environmental concerns moderate the relationship between subjective norms and purchase intention, suggesting that societal expectations combined with ecological awareness drive millennials toward sustainable consumption. This study offers a new lens to understand sustainable consumption patterns among younger generations globally and provides actionable insights for business managers to align sustainability strategies with evolving consumer preferences, particularly those of millennials. The findings highlight the importance of emphasising the environmental benefits of organic food, improving product accessibility and strengthening community engagement programs to drive sustainability, promote market growth promote market growth and reinforce trust in the organic food sector.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"2 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143393007","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 Future of Circular Economy: Person‐Narrative and Scenario Planning on Self‐Sustained Circular Business Ecosystem in Minimizing Plastic Waste

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-11 DOI: 10.1002/bse.4191

Noorhan Firdaus Pambudi, Samindi M. K. Samarakoon, R. M. Chandima Ratnayake, Togar Mangihut Simatupang, Nur Budi Mulyono

{"title":"The Future of Circular Economy: Person‐Narrative and Scenario Planning on Self‐Sustained Circular Business Ecosystem in Minimizing Plastic Waste","authors":"Noorhan Firdaus Pambudi, Samindi M. K. Samarakoon, R. M. Chandima Ratnayake, Togar Mangihut Simatupang, Nur Budi Mulyono","doi":"10.1002/bse.4191","DOIUrl":"https://doi.org/10.1002/bse.4191","url":null,"abstract":"This study focuses on plastic waste and the need for a circular economy approach to reduce its exploitation. The aim of the study is to explore alternative future scenarios for implementing a circular business ecosystem for plastic products or waste. The research uses scenario planning to address the uncertainty surrounding sustainability aspects. We conduct multiple interviews with individuals involved in plastic waste collection, recycling, and reduction. The study also creates personas through cluster analysis of questionnaire responses from 1000 respondents in six Indonesian regions. The research identifies four personas: the pure eco‐consumer, the market‐rational eco‐consumer, the exploitative consumer, and the eco‐consumer pragmatist. We use these personas to shape future scenarios for the circular business ecosystem, with a focus on consumer or community conditions. The research presents four scenarios for the future of plastic waste management: reducing plastic waste through a reuse model, recycling plastic waste for new material sources, recovering energy from plastic waste, and a throw‐away society. The findings emphasize the importance of safe working conditions and fair wages for waste workers, and they suggest that the private sector can contribute by formalizing public waste facilities. Policymakers and business initiators can use the research findings to develop policies and strategies that encourage the adoption of a circular economy business ecosystem for plastic waste management.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"18 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143393005","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 Mediating Role of Financial Reporting Quality in the Relationship Between CEO Power and Carbon Emission Disclosures: Evidence From Vietnamese Companies

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-11 DOI: 10.1002/bse.4196

Nguyen Vinh Khuong, Vu Tran Trong Tai, Le Huu Tuan Anh

{"title":"The Mediating Role of Financial Reporting Quality in the Relationship Between CEO Power and Carbon Emission Disclosures: Evidence From Vietnamese Companies","authors":"Nguyen Vinh Khuong, Vu Tran Trong Tai, Le Huu Tuan Anh","doi":"10.1002/bse.4196","DOIUrl":"https://doi.org/10.1002/bse.4196","url":null,"abstract":"This study investigates the impact of chief executive officer (CEO) power on carbon emission disclosures (CDI) and the mediating role of financial reporting quality (FRQ) in this relationship. We employ the two‐step system generalized method of moments (Sys‐GMM) estimator to examine the relationship between CEO power and CDI and the mediating role of FRQ. We utilize a dataset of Vietnamese listed firms between 2015 and 2022, totalling 494 firm‐year observations. We further perform a battery of robustness tests. We find that CEO power positively influences CDI, indicating that CEOs may enhance transparency to bolster their reputation. However, our results also reveal a negative impact of CEO power on FRQ, supporting the notion that powerful CEOs might prioritize personal interests at the expense of reporting integrity. Additionally, we demonstrate that FRQ mediates the relationship between CEO power and CDI, suggesting that while CEOs promote environmental disclosure' transparency, they may concurrently engage in earnings management practices that diminish FRQ. This research contributes to the literature by providing empirical evidence on the role of CEO power in facilitating both financial and environmental disclosures in an emerging market context. The study highlights the mediating role of FRQ, offering new insights into the governance mechanisms that influence corporate transparency.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"63 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143393004","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

Circular Economy Transition in Bangladesh's Ready‐Made Garments Sector: Investigating the Key Barriers Through a Fuzzy DEMATEL Analysis

IF 13.4 1区管理学

Business Strategy and The Environment Pub Date : 2025-02-11 DOI: 10.1002/bse.4181

Sheak Salman, Mehedi Hasan Shanta, Rifath Mahmud Uday, Rafat Rahman

{"title":"Circular Economy Transition in Bangladesh's Ready‐Made Garments Sector: Investigating the Key Barriers Through a Fuzzy DEMATEL Analysis","authors":"Sheak Salman, Mehedi Hasan Shanta, Rifath Mahmud Uday, Rafat Rahman","doi":"10.1002/bse.4181","DOIUrl":"https://doi.org/10.1002/bse.4181","url":null,"abstract":"This study focuses on Bangladesh's thriving ready‐made garments (RMG) sector, which plays a pivotal role in the nation's economy. Though the sector has achieved remarkable success in garment exports, transitioning from linear economy (LE) to circular economy (CE) practices is essential for its sustainable production and economic growth. This study identifies and analyzes the critical barriers to the adoption of CE practices in Bangladesh's RMG sector using two systematic stages. The first stage utilizes the identification of 12 key barriers by applying the Delphi method, and the subsequent stage utilizes the Fuzzy Decision‐Making Trial and Evaluation Laboratory (DEMATEL) method to explore the causal relationships among these barriers, shedding light on their significance and interdependencies. The findings of the study indicate that limited funding for circular business models emerges as the most influential barrier, underscoring the importance of ensuring adequate funds for CE implementation. Inadequate collaboration of entrepreneurs and researchers and lack of professional in environmental management further hinder the progress, highlighting the need for building collaboration for research and advancements and involving experts for environmental management. This research contributes to sustainable production practices in emerging economies and underscores the importance of CE principles in a global context. The study's comprehensive approach provides valuable insights for RMG industry stakeholders, aiming to enhance CE adoption in the RMG sector, thereby prioritizing the strategic efforts and promoting sustainable practices. By identifying and addressing these barriers, Bangladesh's RMG industry can advance its journey towards a more circular and environmentally responsible future.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"1 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143385101","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