Umair TanveerThinh Gia HoangHuy Quang TruongShamaila Ishaq...
7689-7707页
查看更多>>摘要：While recent literature acknowledges the role of procurement in circular business models (CBM), a comprehensive exploration of its potential contribution remains scarce. This study delves into the under-explored role of procurement in advancing CBMs within organizations. Employing a multiple case research design focused on four Vietnamese manufacturers, the research unveils procurement's distinctive con- tributions to CBM implementation. Emphasis is placed on supporting recyclability, reusability, waste reduction, and ethical standards aligned with competitive strate- gies. The study introduces a circular procurement framework, demonstrating its potential to drive CBM adoption. Theoretical contributions involve applying CE and CBM theories to procurement, identifying its role in CBM organization, uncovering barriers, and linking them to organizational context and financial considerations. In terms of practical implications, the research provides managerial guidance, emphasiz- ing the pivotal link between procurement and CBM success, offering actionable insights for effectively navigating challenges, and fostering a culture of sustainable circularity within manufacturing businesses.
查看更多>>摘要：Choices in going public are important business strategies that can influence Environ- mental, Social and Governance (ESG) performance through varying levels of regula- tory scrutiny, investor expectations, governance improvements, public attention and strategic focus. We investigate the impact of listing approach on ESG performance in China over the period of 2009 to 2022, by comparing the ESG performance of firms going public via initial public offering (IPO) versus reverse merger (RM). Consistent with our institutional, legitimacy and averse-selection hypotheses, we find that RM firms exhibit significantly lower ESG performance compared with IPO firms, a differ- ence we attribute to the greater performance pressure, higher litigation risk, greater financing constraints and poorer internal controls experienced by RM firms. These factors likely reduce management's willingness to invest in and improve ESG out- comes. However, as time passed, the discrepancy in ESG performance between RM firms and IPO firms gradually diminished. Additionally, the nature of state ownership and reduced competitive pressure in the industry also serve to mitigate the negative impact of RMs on firms' ESG performance. To promote sustainable development, going public via IPO offers a better business strategy, creating shared value among a broader range of stakeholders, including socially responsible investors, advocacy groups and regulators.
查看更多>>摘要：Given the importance of climate change and the various ways to address it, this paper studies whether small firms that are environmentally committed are better able to access finance. It is important from a policy perspective to investigate if firms that care about climate change and sustainability are indeed being given all the incentives or if this is just a political discourse. The analysis is based on firm-level data covering several years, which allows a temporal investigation as to whether environmental commitment is becoming an influential factor that affects access to finance. The results obtained highlight that although commitment to environmental issues is becoming more widespread in firms, they are still not important factors that affect access to external financing. The evidence regarding environmental commitment is mixed, since the paper also finds that several traditional factors continue to influence access to finance. Therefore, the providers of funds, especially banks should avoid paying lip-service to their concern of the environment and abide by their discourse of facilitating access to finance, especially to firms having environmental commitments.
查看更多>>摘要：Due to a significant reduction in the availability and standard of natural resources, numerous firms are claiming to implement environmentally sustainable practices. This research constructs and validates green variables within the knowledge management (KM) process, drawing on resource-based views (RBV) and organizational learning theory. It aims to explain how manufacturing firms minimize innovation risk. The author followed a combined methodology of Smart partial least squares structural equation modeling (PLS-SEM) and fuzzy set qualitative comparative analysis (fsQCA). Primary response data were collected from industry experts and literature studies to develop items for the knowledge aptitude model to decrease innovation risk (KMIR). The mixed variables of the KM and green process were validated through the fsQCA technique. The outcome of PLS-SEM showed a positive connection between certain green variables to minimize innovation risk. fsQCA examines the combined approach of green implementation and KM practice; the finding indicated significant connec- tions between green variables and the KM process to KMIR. This study can be mea- sured as innovative in the KMIR field, as it has validated and developed its constructs based on primary data. It can help scholars and industry experts acquire a head start in the KMIR field, and this mechanism will assist with the investigation of the green variables and knowledge domain, providing an outline for future studies.
查看更多>>摘要：Corporate social responsibility (CSR) can offer a protective buffer helping firms avoid the worst economic effects in times of crisis. We extend the extant literature by con- sidering whether firm substantive climate commitments are effective at protecting the firm from financial losses during the COVID-19 pandemic. We assess firm finan- cial outcomes through (1) crash and post-crash stock performance and (2) the sever- ity of loss in the COVID-19 stock market crash period. We identify substantive climate commitments as those carbon emission targets aligned with the Science Based Targets initiative (SBTi), which links firm's carbon targets to commitments made under the Paris Agreement. Using a sample of 336 US-based companies, our findings show that science-based targets are positively related to crash-period returns and negatively related to severity of loss. Among firms with science-based targets, only those externally verified and approved by the SBTi are influential in buffering financial losses during a crisis.
查看更多>>摘要：This study investigates the impact of green strategic alignment (GSA) and top man- agement green support (TMGS) on green operational performance (GOP) within the UAE's Information and Communication Technology (ICT) sector, focusing on the mediating role of proactive environmental strategy (PES) and the moderating effect of green psychological perception (GPP). Employing a quantitative approach through surveys, data were collected from employees at various ICT companies within the UAE who are directly involved in operations that pertain to environmental strategies. This method ensures a comprehensive understanding from those who engage daily with the company's green policies. Using Partial Least Squares Structural Equation Modeling, the research provides empirical evidence on how strategic orien- tations and management support contribute to environmental sustainability. The findings reveal that both GSA and TMGS positively influence PES, which in turn enhances GOP. Furthermore, GPP significantly strengthens the relationship between PES and GOP, offering deeper insights into the dynamics of strategic management and sustainability in the services industry. This research is pioneering within the region, introducing empirical data on the synergy between management support and PESs, and it highlights the significant enhancement of operational performance through these combined efforts. This not only supports the theoretical frameworks but also provides actionable insights for firms aiming to enhance their green initiatives.
查看更多>>摘要：This study examines biodiversity reporting by UK-listed companies. An instrument is developed, based on earlier research, and used to analyse biodiversity-related disclo- sures as either policy considerations or actions taken to conserve biodiversity. A mixed design is employed. The extent of reporting, information content of disclo- sures and their readability are used to provide an overarching perspective on how firms internalise biodiversity. Outliers are identified and their reports are examined interpretively to identify how leading reporters understand biodiversity as a policy imperative and factor it into their operational and managerial performances. This qualitative analysis highlights best practices that can be used by other entities inter- ested in developing the accounting and management infrastructure necessary for reporting comprehensively on biodiversity. Best practices are, however, isolated and stand in stark contrast with how organisations are dealing with biodiversity on aver- age. At the policy level, there is little on how biodiversity is defined and the rationale for wanting to protect biodiversity. When it comes to performance, few organisa- tions are setting detailed biodiversity-related targets linked clearly to operational plans, risk assessments and key performance indicators. Post-implementation reviews of conservation initiatives are seldom conducted and biodiversity is not being fac- tored into valuations, cost assessments and project appraisals. Understanding these limitations is timely given the international community's recent efforts to develop standards for extra-financial reporting. The results will be relevant for regulators, scholars and practitioners interested in advancing the quality of biodiversity reporting and factoring biodiversity into mainstream business discourses.
查看更多>>摘要：The sustainability strategy focuses on conscious production and consumption, with the circular economy (CE) as an innovative approach to maximize resource value and minimize waste. Industry 4.0 technologies like AI, robotics, and blockchain play a significant role in enhancing the competitiveness of businesses pursuing the CE. These advanced technologies help organizations achieve their sustainability goals, particularly within the CE framework. The study analyses how Industry 4.0-driven CE practices impact sustainable business performance, using the Indian textile industry as a case study. The researchers developed a three-stage hybrid decision-making framework, integrating various methods to assess sustainable per- formance. A novel three-stage hybrid decision-making framework was developed by integrating Kendall's agreement test (Kendall's W), fuzzy Delphi, best-worst method (BWM), full consistency method (FUCOM), and combined compromise solution (CoCoSo) methods. The findings highlight positive outcomes such as enhanced incentives, government support, greener logistics, and improved monitor- ing of emissions, waste, and pollution. However, there is room for further improvements to address market demand and increase the profitability of green products.
查看更多>>摘要：Although Industry 4.0 plays the role of a catalyst in the transition from a linear econ- omy to a circular economy (CE), some sustainability goals are neglected by prioritizing machines over humans. Industry 5.0 insists on combining technology with human values to achieve sustainable development goals. Therefore, the integration of CE and Industry 5.0 leads to sustainable synergy in various industries, especially in manufacturing industries. However, their integration is always associated with chal- lenges and barriers. This study identifies a set of these barriers in the electric vehicle battery production industry from the financial, technical, supply chain, cultural, and regulatory and processes perspectives through a deep literature review. The fuzzy weighted influence non-linear gauge system method is used to analyze the relation- ship between identified barriers and their prioritization. Finally, we leverage the knowledge of four experts from an electric vehicle battery manufacturing company in Southeast Asia to validate the proposed approach and to rank the barriers. The results demonstrate that immature technology providers are the biggest obstacle in the integration of blockchain-based CE and Industry 5.0 in the electric vehicle battery manufacturing industry.
Sikandar Ali QalatiMengMeng JiangSamuel GyeduEmmanuel Kwaku Manu...
7887-7904页
查看更多>>摘要：This research has dealt with the gaps in the previous literature and the preponderant problems in the Ghana telecom industry. The main objective is to explore the roles of innovation capability and environmental turbulence on the relationship between cus- tomer relationship management and business performance in the Ghana telecommu- nication industry. Hierarchical linear regression and structural equation models through STATA and AMOS statistical software were employed to analyze the obtained data from a structured questionnaire. These models were used based on the type of analyses employed in our study and since they are robust in determining and validating the proposed causal relationships among variables. To summarize the findings, (1) the study found that customer relationship management constructs have a positive impact on innovation capability and business performance. (2) We discov- ered that innovation capability constructs have a positive effect on business perfor- mance. (3) Innovation capability mediates the relationship between customer relationship management and business performance. (4) Environmental turbulence moderates the relationship between customer relationship management and business performance. These findings contribute immensely to managerial and practical impli- cations by entreating managers to intensify their commitment to CRM and innova- tion activities such as sharing indispensable information, involving customers, solving problems jointly, building long-term relationships, and using modern technologies in building powerful partnerships with customers to meet their needs in order to accel- erate performance.
NETL
NSTL
Wiley