International oil companies play a central role in the transition towards a low-carbon economy. These companies have the leadership and influence to advance technological alternatives or sustain the current dependence on fossil fuels. This article aims to analyse the decarbonisation strategies that European oil companies are performing in the wake of climate change. A document analysis was integrated

In the 21st century, environmental problems are wreaking havoc, and sustainability is now of primary importance. Several external factors like population growth, industrialization, development, and overexploitation of natural resources play a crucial role in environmental degradation. Thus, the present study endeavors to explore the impact of price sensitivity, governments green interventions and green

Small- and medium-sized enterprises (SMEs) can have significant resources, capacities, and influence in their communities, suggesting they have the potential to be agents for transformative sustainability. However, SMEs will need to move beyond firm-centered sustainable business practices towards strategic approaches that encompass and contribute to resilience-building processes. Amid the unfolding

This study explores the quality of carbon reporting (QCR) by New Zealand (NZ) firms and its changes over time. It also explores the impact of QCR on the market reputation of firms. Using a sample of 300 company-year observations between 2015 and 2020 from top listed firms of NZ, the study develops a 14-item QCR index. The study finds that the company-level QCR reporting by NZ firms overall is not praiseworthy

The climatic risk consists of financial and environmental risks, predominantly evolutes from carbon dioxide emissions from coal-fired power plants. We develop a climatic risk control model to investigate the coexistence of renewable energy and the post-combustion carbon capture technology as CO2 reduction strategies. Additionally, our proposed framework explicitly considers the acceptance of such strategies

Understanding the factors affecting consumer replacement behavior is important in extending the product lifetime in a circular economy. Although such factors have been widely investigated, methodologies to quantitatively measure the potential of changes in these aspects are scarce. They help to consider effective strategies for product lifetime extension. This study focused on the expected product

A value chain framework for guiding the financial firms in their credit decisions is urgent, as the current COVID-19 pandemic has highlighted, but missing in the extant literature, particularly for those that lend to industries sensitive to value and supply chain bottlenecks. This study creates knowledge in value chain finance, a big untapped and un-researched market. It constructs, confirms, and validates

Biodiversity loss has been assessed by natural scientists as the key sustainability problem where planetary boundaries are exceeded most dramatically. In contrast to these findings, surveys among companies find that biodiversity receives least priority among all sustainability issues. This raises the question about barriers for corporate biodiversity management, available accounting and management

With energy transition becoming an urgent priority for companies worldwide, practitioners and policymakers are urging them to finance climate-friendly projects. This paper investigates how the issuance of green bonds affects firms' carbon emissions and environmental performance. Our results show that green bond issuance significantly improves firms' overall environmental performance and their capacities

The adoption of new innovative ecosystems linked to Industry 4.0 (I4.0) in industrial firms has created new opportunities for performance. In this study, we investigate whether I4.0 can reinforce environmental asset management in achieving firm economic and social performance. We intend to contrast the existence of I4.0-based reward mechanisms for being green. Using a panel of 1028 Spanish industrial

A critical aspect for the continuity of family businesses (FB) is the existence of willing successors. In this article, we use the imprinting theory to ground an explanation of how the family imprinting process shapes siblings’ willingness to become a successor in the FB. We stylize three family imprinting types based mainly on different family motivations: the FB-centric, the entrepreneurship-centric

Although family businesses and social enterprises are typically examined as distinct organizational forms, research in both domains recognizes the significant influence of family on organizational goals. Our cross-disciplinary review of 104 articles, published in 50 journals between 1996 and 2020, capitalizes on this family connection and synthesizes the varied ways family influence has been examined

Indigenous entrepreneurship is a process of drawing value from community-based resources (people, land, capabilities, culture, etc.) and contributing value back that is responsive to a community’s particular set of socioeconomic conditions (Colbourne, 2017a; Jack & Anderson, 2002; Kenney & Goe, 2004: 699). The advent of crowdfunding pointed to the potential of digital platforms to facilitate socioeconomic

Skeptical of prevailing depictions and recommendations regarding the gender gap in entrepreneurial self-efficacy (ESE), our aim is to raise and examine alternative interpretations and inferences. We question the common belief that women are under-confident with respect to entrepreneurship and whether this is a “problem” that needs fixing. The findings from two distinct datasets indicate, instead, that

By integrating the boundary-spanning perspective with the expatriate staffing literature, we explore why and how temporal boundaries between multinational enterprise (MNE) parent and subsidiary locations affect MNEs’ deployment of expatriates in foreign subsidiaries. Temporal boundaries, defined as local work-time schedule differences, delimit the degree of work-time overlap between two locations.

The primary goal of utilizing chatbots for customer service is to fulfill customer requests without requiring a conversation. However, the challenge to the sustainable adoption of innovations is overcoming the obstacles that prevent the innovation's spread. The current study examined factors including consumers' perceptions, barriers and perceived risks that influence consumers' intentions to continue

Societal grand challenges are increasingly attracting the attention of both entrepreneurship and international business scholars. While entrepreneurship focuses on the opportunities that emerge and need for bold and innovative solutions, international business research emphasizes the global reach of the challenges and role of multinational enterprises. Although both conversations are insightful, we

This study examines whether environmental-related innovation moderates the association between environmental and financial performance measured respectively as carbon emissions and return on assets (ROA). The sample comprises 119 companies subject to Australia's National Greenhouse Energy Reporting Act (NGER) for the period 2009–2017. The results show that environmental innovation positively moderates

Transforming toward a circular economy (CE) is a viable strategy for achieving sustainable logistics systems. However, it is still unclear how this transformation should be approached because there is limited knowledge in this context. This study aims to explore how the logistics sector incorporates sustainability practices toward CE. To achieve this aim, we addressed the research questions of (RQ1)

Carbon emissions have been identified as a major cause of global warming and are harmful to the environment. Given the seriousness of climate changes, businesses are encouraged to adopt corporate strategies to improve environmental performance. Staggered boards (or classified boards) are one of the controversial corporate governance devices being employed by corporations that protect managers from

Adopting a theoretical framework from social narrative therapy, this paper examines how new realities are being constantly created as the corporate narrative is rewritten or ‘re-storied’ through engagement between NGO–therapists and corporate–clients. Detailed interviews are conducted with 21 NGOs operating in a developing economy and working with local and multi-national companies. The research reveals

The assurance of sustainability information by small and medium-sized entities (SMEs) has not attracted much research interest to date. To rectify this, we draw on a sample of European firms (from the EU, the United Kingdom and Norway) extracted from the Global Reporting Initiative (GRI) database and explore the disclosure variable in relation to country-specific factors. Assurance rates are found

This paper applies the institutional work perspective to elucidate how and why dysfunctional effects are reproduced by HRM practices. Our analysis of headhunter-assisted recruitment of local employees in foreign subsidiaries demonstrates how mutual dependence, self-interests, and a stratified labor market lead to specific candidate search criteria and limit the scope of search. It also shows how these

Although there is wide recognition of the importance of entrepreneurship for generating societal impact, entrepreneurial activities alone rarely achieve a positive impact without the engagement of communities. To date, however, entrepreneurship researchers have tended to overlook the importance of community for creating societal impact through entrepreneurship, and lack a comprehensive understanding

There is growing awareness that biodiversity loss poses a significant risk to the global economy, but a lack of clarity on what this means for corporations, and how they are responding. This study provides a first quantitative assessment of biodiversity risk exposure across the world's largest listed companies, compared with their adoption of biodiversity policies, through analysis of disclosures from

This paper shows that brand reputation alone may not be sufficient to help firms successfully issue green bonds and that they may need superior corporate social responsibility performance in the form of high ESG (Environmental, Social, and Governance) scores to unlock the full potential of their brand reputation. Using a sample of 338 international green bond issues across 108 unique firms, we found

Caffeine is the world’s most popular stimulant and is consumed daily by a significant portion of the world’s population through coffee, tea, soda, and energy drinks. Consumers often shop online and in physical stores immediately after or while consuming caffeine. This is further facilitated by the increasing prevalence of coffee shops and also with some retail stores having in-store coffee bars and

Different theories offer different predictions of the impact of competition on corporate social responsibility (CSR). The stakeholder value and product differentiation theories hold that intensifying competition spurs firms to increase corporate social responsibility (CSR) to strengthen relationships with non-shareholder stakeholders (e.g., workers, suppliers, customers, and local communities) and

This study explores a range of organizational factors that drive success in organizational level information technology (IT) innovation adoption. A comprehensive model of organizational level IT innovation adoption is presented based on a context-mechanism-outcome perspective and by drawing on relevant theories. The proposed model is empirically tested using data from 1988 company executives across

Entrepreneurship and innovation are social and relational processes that occur in diverse contexts involving multiple stakeholders. Recently, research in entrepreneurship has begun to explore entrepreneurial processes through the lens of gender. However, unlike its entrepreneurship counterpart, innovation research has paid limited attention to gender dynamics. Indeed, the majority of studies on innovation

This study aims to open the black box of heterogeneous responses to violent conflicts by focusing on subsidiaries’ operational exposure to violent conflict and their decisions to exit host countries. Drawing on real options theory, we propose a viable approach multinational enterprises can take when they encounter violent conflicts in their operating locations. Our analysis of 3,479 foreign subsidiaries

Following the COVID-19 outbreak, orientation toward sustainability is a critical factor in ensuring firm survival and growth. Using a large sample of 1,204 firms in Europe during the year 2020, this study investigates how more sustainable firms fare during the pandemic compared with other firms in terms of risk–return trade-off and stock market liquidity. We also highlight the drivers of the resilience

Developing new green products is critical to an organization's achievement of sustainable goals as well as competitive advantage. This study aims to unravel the mechanisms through which organizations with green entrepreneurial orientation (green EO) can foster green product innovation. The dataset for testing these mechanisms was garnered from employees and managers who worked in manufacturing firms

How can entrepreneurs protect their wellbeing during a crisis? Does engaging agility (namely, opportunity agility and planning agility) in response to adversity help entrepreneurs safeguard their wellbeing? Activated by adversity, agility may function as a specific resilience mechanism enabling positive adaption to crisis. We studied 3162 entrepreneurs from 20 countries during the COVID-19 pandemic

Based on the assumptions of circular economy, resource recovery, and innovation, the aim of this research is to analyze the relationship between innovation constructs, resource recovery practices, Circular Economy Business Models (CEBMs), and value creation in a fast-growing emerging economy. A set of empirical data from 443 companies in the pet industry were used. In terms of methodology, the study

The idea of sustainable development highlights the need to address economic, social, and environmental aspects to preserve the rights and needs of future generations. This paper proposes an association between stakeholder theory (ST) and Actor-Network Theory (ANT) that can better explain the dynamics of actors in the energy sector, in the context of sociotechnical transitions to sustainability. By

We investigate the effect of the COVID-19 pandemic on self-employed people’s mental health. Using representative longitudinal survey data from Germany, we reveal differential effects by gender: whereas self-employed women experienced a substantial deterioration in their mental health, self-employed men displayed no significant changes up to early 2021. Financial losses are important in explaining these

Despite the growing interest in resilience in the family business context, little attention has been devoted to understanding the influence of religion on the way business families respond to adverse environments. We use a unique ethnography of a Middle Eastern faith-led family firm to investigate how religiosity influences the way the business family resists and rebounds from environmental shocks

In the modern financial system, division of labor and close cooperation between different departments are determinants of risk contagion. The risk resulting from the volatility of the stock market can easily spread to other industries and departments, leading to systemic financial and economic crises. Previous research has mostly examined financial security from the lens of macro currency security

The agricultural ecological environment is the premise and foundation of rural economic development and the rural economy is an important manifestation of the vitality of the agricultural ecological environment. Taking 14 prefecture-level cities in Guangxi as the research object, this paper collects and sorts out the relevant data indicators of rural economy and agricultural ecological environment

This study explores the relationship between the takeover market and enterprise innovation. We also investigate the mediating role of internal governance (managers’ compensation incentives, equity incentives, boards of directors, and large shareholders) on the relationship between the takeover market and enterprise innovation. We use comprehensive panel data of 1307 firms listed on the Shenzhen and

Based on the real-world knowledge innovation management characteristics of enterprises, in this paper a novel bilateral matching (BM) decision-making method for knowledge innovation management considering the matching willingness of bilateral enterprises is proposed. The method uses interval-valued intuitionistic fuzzy sets (IvIFSs) as its basis. First, using the IvIFS preferences of the bilateral

Corporations are failing to account for their impact on biodiversity despite accelerating extinctions. The value of biodiversity to business can be explained by an environmental philosophy spectrum, where perspectives range from anthropocentric (humans are prioritised) to ecocentric (all life is equal), made up of paradigms and values linked to biodiversity protection. We explore the biodiversity values

As global ecological degradation intensifies, a trade-off has arisen between environmental protection and production efficiency to achieve sustainable development for the environment, society, and the company itself. However, the potential reverse causality relationship between environmental, social, and governance (ESG) and corporate efficiency may lead to confusion. This study estimates the eco-efficiency

This paper analyses data from a large-scale survey on corporate action to support biodiversity and ecosystem services undertaken by firms of all sizes and across manufacturing industries. The analysis focuses on Germany as the largest economy by GDP in the European Union and analyses the uptake of activities directly aimed at protecting biodiversity and ecosystem services compared to the uptake of

Increasing regulatory obligations to adapt and execute environmentally friendly operations make it critical for businesses to pursue strategies that can strengthen their competitive edge in the market. Academics and practitioners alike have recently gravitated toward exploring how knowledge acquisition activities might improve business outcomes. To address this growing research interest, this study

The purpose of this article is to stimulate research on business strategies for biodiversity protection. To that end, we first dispel a common misperception among business scholars that biodiversity loss is caused by only a few industries, clarifying that it is driven by practically all. Further, we organize corporate biodiversity protection strategies into four categories based on temporal and spatial