Drawing on legitimacy theory, we study the nexus between green communication and the implementation of green practices, and in particular, we focus on the determinants of their discrepancy. Based on a large sample of firms in 58 countries over a 19-year period, we employ an index to measure the discrepancy between green operations and the communicated practices, mapped to each firm's board structure

In many informal economies, entrepreneurs face a visibility paradox: increasing visibility to resource-granting stakeholders simultaneously increases exposure to resource-extracting stakeholders. To investigate this phenomenon, we leverage a unique, hand-collected, small-area census dataset of firms in the township of Delft in Cape Town, South Africa, providing rare insight into a population of otherwise

Persistent war is an increasing reality for millions of people worldwide. War contexts create a wide range of problems, but paradoxically may fuel some entrepreneurial activities. This inductive, qualitative study explores how an entrepreneurial ecosystem was launched and sustained amid an ongoing civil war despite repeated setbacks, disruptions, and impediments to pursuing collective goals. Building

Over the past few decades, scholars have extensively investigated the topic of leadership, contributing to the development of diverse leadership theories and contemporary managerial practice. However, the emergence and renewed focus on societal grand challenges warrant an alternative approach to leadership such as sustainability leadership. Despite the critical importance of sustainability leadership

Increasing food waste, natural resource depletion, and climate change issues have forced plastic food packaging (PFP) companies to align their business strategies with sustainability aspects. At the same time, however, companies operating in the food packaging industry continue to face tensions while pursuing divergent sustainability goals simultaneously. Drawing on paradox theory, this study aims

We analyze the effects of digitalization and the knowledge acquired through vertical and institutional cooperation across the value chain on the introduction of patents and technological, namely, product and process, innovations in large, and small and medium-sized enterprises (SMEs). We study the case of Spain as a digitally competitive economy displaying a relatively low innovation score, a feature

As the study of entrepreneurship advances, our appreciation for the role of theory in the development of the field has grown. In this paper, we build on our collective experiences to offer a peek into the inner workings of entrepreneurship theorizing, using specific examples to highlight ways of developing theoretical insights for advancing entrepreneurship research. Our journeys suggest an iterative

Gaucher, Friesen, and Kay (2011: “GFK” hereafter) found that women perceive jobs to be less appealing when job adverts use masculine wording—a result they attributed to women's lower evaluations of “belongingness.” As masculine wording is used more often in male-dominated jobs, GFK concluded that gendered wording in job adverts may deter women from entering such jobs. In light of growing general interest

Despite increasing attention to sustainability as a source of new business opportunities, current research on new ventures has hardly considered this factor with respect to access to funding. This paper examines the role of new venture sustainability signals on business angels' willingness to invest. Specifically, it considers the effects of third-party sustainability certification and the self-proclaimed

This study theorizes and empirically tests whether firms' decisions to join multi-stakeholder initiatives, targeting climate mitigation, lead to improved environmental performance. We focus on firms' participations in the Science Based Targets initiative, a multi-stakeholder initiative meant to support firms in setting greenhouse gas (GHG) emission reduction targets in line with the thresholds defined

The impact of climate change, including fires, droughts and storms, on natural resources and agricultural output is increasing. In addition to these problems, resource depletion and greenhouse gas (GHG) emissions, agriculture also contributes to global warming. To reduce the dangers of climate change, farmers are using sustainable practices. This article aims to link agri-food 4.0 technology with climate-smart

Using socioemotional wealth, this study advances our understanding of the various internationalization strategies family businesses adopt by exploring the governance and resource configurations that exist when family firms pursue distinct internationalization strategies. Using fuzzy-set qualitative comparative analysis (FsQCA) on a sample of 775 Colombian family firms, our findings reveal a distinct

Circular business models (CBMs) are key enablers to implement circular economy (CE), yet they entail risks, which often discourage organisations. This work aims to explore the main risk factors perceived by the manufacturing industry in transitioning to CBMs to enable the development of appropriate risk management strategies. A cross-industrial multiple-case study research design was used to explore

Digitalisation increasingly offers numerous opportunities for firms to integrate several environmental management practices into their day-to-day operations. Studies in the field of digital technology and circular economy (CE) have pointed out inherent tensions involved in the adoption of technology and CE practices. Firms often prioritise competing goals and prefer one over another, thereby underestimating

This study investigates the enhancement of technological and strategic enablers for carbon-neutral businesses (CNB) through artificial intelligence (AI)-driven business model innovation (AIDBMI). Drawing upon the insights gained from the literature review, the study employs structural equation modeling (partial least squares structural equation modeling [PLS-SEM]) as the methodology to examine the

The paper explores how restrictions of credit affect the turning point of the non-linear relationship between financial performance and the environmental sustainability of manufacturing firms in India. Our results are in support of the inverted U-shaped relationship between financial performance and environmental sustainability. The study builds upon an alternative long-run specification, which avoids

Technological innovations may bring unintended consequences despite their potential usefulness. Responsible innovation (RI) has gained increasing popularity in high-tech nations as a means to mitigate potentially disruptive technological developments. Unfortunately, existing RI research has not sufficiently elucidated the sustainability performance of firms, leading to ambiguous theoretical underpinnings

Promoting environmental sustainability may hold relevance for employee-owned organizations since their employees prioritize the long-term well-being of the business as they influence and are influenced by the legacy of the organization. The integration of environmental consciousness into decision-making has thus the potential to help align environmental and organizational sustainability objectives

While prior studies investigate the consequences of globalization, there remains a notable gap in understanding the market efficiency implications associated with globalization-induced import competition. Through the lens of asset pricing, we explore the financial market consequences of import competition exposure (ICE) and find a dark side of globalization. Consistent with the managerial objectives

Although academic interest in organizational scaling is growing, extant research has focused primarily on the antecedents and processes, neglecting how employees experience scaling. Drawing on the scale-up, firm growth, and well-being literature, we take an employee perspective to examine the impact of scaling on employee burnout and job satisfaction. Using a sample of 10,908 new venture employees

The growing phenomenon of highly valued startups (e.g., unicorns) poses fundamental questions for entrepreneurship research. We posit that venture scalability and VC funding availability may explain startups' IPO valuations (and timing). Highly scalable ventures may not only capture very large market opportunities, but their scaling strategies may also be constrained by the governance and regulatory

Much research on family business internationalization centers on the firm but is inattentive to the family behind the firm. We examine how business families internationalize from unstable and fragile institutions. Based on a qualitative multi-case study, we theorize business families as institutional arbitrageurs who facilitate international transactions between incompatible institutional contexts

Society's growing attention to sustainability has also brought about major challenges for the healthcare sector. In particular, hospitals by virtue of their function are also called to incorporate social and environmental issues in the undertaking of their activities. In this scenario, hospitals must also provide a correct representation of these issues through an adequate sustainability disclosure

Promoting employee green behavior (EGB) through leadership is considered a crucial way to achieve corporate environmental sustainability goals. However, there is still a gap in understanding how paternalistic leadership with Eastern characteristics affects EGB. Drawing on the social exchange theory, this paper explores how the two different dimensions of paternalistic leadership, benevolent leadership

Supply chain social capitals argued to be the driver for attaining sustainability along the supply chain. However, the role of network complexity and supply chain resilience to transform supply chain social capitals into sustainability remains poorly understood. We draw from social capital theory to argue that supply chain resilience is the mechanism to curb negative effects of network complexity to

Private equity (PE) investors invest in a portfolio of firms, setting new, ambitious performance aspirations and providing monitoring and value-adding services to help management attain these aspirations. Integrating a behavioral theory of the firm and corporate governance perspective, this study investigates how portfolio firms respond to performance feedback, considering heterogeneity in PE investors'

The emerging world cannot ignore circular bio-economic development for long. A study of circular bioeconomy pointers at the local level is required to expedite the outgrowth of local economies. The narrative of “for the locals, by the locals, and at the local” is pursued in the study, by recognizing the research gaps concerning local economies' growth needs and their effective penetration into the

Motivated by growing stakeholder demands for environmental, social and governance (ESG) disclosures and enhanced information transparency, this study investigates the relationship between ESG disclosures and future earnings risk in a globally diverse sample of firms. Using fixed-effects panel regression models and endogeneity controls, we show that ESG disclosures exhibit a substantial negative impact

Environmental challenges have led to a shift toward more sustainable consumption and production patterns. Understanding the factors that influence consumers' choices toward green products is crucial for achieving sustainable development. This study investigates the adoption process of a low-involvement eco-innovation, examining the influence of the level of green consumerism, the perception of its

The concept of circular economy (CE) has emerged as a viable way to achieving sustainable development. Small businesses and start-ups play a significant role in economic progress, but they also contribute substantially to environmental degradation. In this inductive qualitative study, we conducted multiple interviews with 18 founders of circular start-ups (CSUs) in Australia to explore and understand

This paper investigates the contribution of the B Corp movement in Europe to achieving Sustainable Development Goals (SDGs) compared with non-B Corps. B Corp certification aims to identify organisations that utilise business as ‘a force for good’, but there is limited empirical evidence on how effectively certified organisations translate their prosocial claims into measurable SDG contributions. We

We examine whether and when female representation in decision-making groups of venture capital firms affects the firms' decision to fund woman-led businesses. By developing an intra- and inter-group categorization framework for group decision-making, we argue that, in the male-dominated venture capital industry, decision-making groups with higher female representation are less likely to fund woman-led

We examine in this paper how firm value (market-to-book ratio, MTB) of U.S. oil and gas sector firms from 2010 to 2020 responds to carbon emissions intensity measures. We investigate three measures comprising total carbon emissions relative to assets, to market value of equity, and to net property, plant, and equipment. Our dynamic panel data approach separates the 82 firms into 35 fracking and 47

It is believed that environmental causes will grow in fervor with members of Gen Z. This study explores the main factors of green marketing affecting young Portuguese green purchasing decisions and the relationship between them. An online questionnaire was used to collect data from 708 young Portuguese consumers of eco-friendly products. The quantitative analysis was performed using the partial least

We build on and extend the literature on corporate governance and sustainability by examining whether indigenous directors (IDs, hereinafter) shape corporate environmental performance (CEP, hereinafter). Drawing insights from image motivation, resource dependence, and critical mass theories, we develop models that link IDs with CEP. Analyzing 1,372 firm-year observations extracted from firms listed

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No abstract is available for this article.

Many entrepreneurial opportunities are associated with events, including sports competitions, races and tournaments, concerts and music festivals, and conferences and exhibitions, yet this variant of entrepreneurship has not been specifically accounted for in the literature. We integrate insights from entrepreneurship research with research on temporary organizational forms, stakeholder theory, and

This study explores how digital transformation can promote organizational resilience when incumbent firms face crises. We examine the intersection of digital transformation and resilience-seeking processes through two longitudinal case studies of incumbent firms designated as “essential businesses” during the COVID-19 pandemic. We analyze 72 crisis adaptations the firms implemented during the crisis

This paper examines how reward-based crowdfunding backers respond to risk disclosures. Combining theoretical frameworks from financial accounting with the risk perception literature, we adopt an abductive research approach to explore various nuances that influence backers' tolerance for risk information. In addition to identifying the general dynamics in backers' risk interpretation, we highlight the

Drawing from expectancy violation theory, we investigate how entrepreneurs' language-based expressions of their political ideology influence the performance of their crowdfunding campaigns. We argue that crowdfunding funders expect campaigns to be apolitical, suggesting that entrepreneurs' expressing their political ideologies – regardless of the specific ideology – create a negative expectancy violation

In recent years, both information technology (IT) labor demand and IT job characteristics have been significantly influenced by the advent of Industry 4.0 (I4.0) and the digital age. The higher education sector is expected to upgrade itself with such progress and train graduates capable of meeting the new industry requirements. However, due to the present demand gap, universities are seeking to identify

We integrate social learning theory with gender role congruity theory to propose that family firms gain more from female leadership than nonfamily firms due to the congruence of female communal values with those of a family business. Results of our empirical study, based on a sample of 322 Spanish small- and medium-sized enterprises (SMEs), show that while all three dimensions of learning orientation

With over a billion people inhabiting informal settlements worldwide, micro-entrepreneurs are vital to local economies. Complementary currencies have emerged as tools to sustain these entrepreneurs, providing alternative trading and payment options. This study explores the daily strategies of micro-entrepreneurs in Kenyan informal settlements using the digital complementary currency Sarafu. Our findings

Managing stakeholders' concerns in megaprojects with an inclusive and ethical vision is a current open challenge. To overcome company-centered stakeholder-management practices, an ecosystem view, (i.e., one based on the network of relationships among involved stakeholders), should be adopted by designing bottom-up participatory stakeholder mapping processes that include the stakeholders affected by

Research on sustainable business models (SBMs) has been hindered by the use of traditional business model (BM) components indiscriminately applied to explain sustainable value (SV). Moreover, little has been done to reveal key components in BMs aiming to address the needs of the poor; that is, that part of the population referred to as the base of the pyramid (BoP). Following a case study methodology

Employees are encouraged to share their knowledge to stimulate creativity and innovation. However, individuals may hide their knowledge to pursue personal interests. Drawing on the coopetition perspective, this study investigates how individual-level knowledge sharing and hiding behaviors jointly influence employees’ creative behaviors, as well as the knowledge sharing-hiding interaction mechanisms

Characterizing major sustainability issues as ‘grand challenges’ has led to a call for collaboration among heterogeneous stakeholder groups, not least in multi-stakeholder initiatives (MSIs). Research into MSIs has made substantial progress in understanding their workings; yet, it is still criticized for remaining undertheorized, echoing a criticism of management studies generally as paying insufficient

Purchasing green products is one of the cornerstones to promote sustainable development since the negative impact of these products is lower than traditional goods. In a Circular Economic (CE) context, green products begin to encompass reconditioned products reintroduced to the production and consumption cycle, such as remanufactured products. Many green products and remanufactured products' features

The popularity of environmental, social, and governance (ESG) investing or socially responsible investing is pushing private sectors to improve their ESG performance. Stakeholders, namely, investors, are relying on firms' environmental, social, and governance disclosures (ESGD) to evaluate their ESG performance and strategize their investment decision-making. Since firms have substantial discretionary

This study investigating the impact of sustainability committee characteristics (SCCs) on corporate sustainability performance (CSP) utilised environmental, social and governance (ESG) scoring. Based on secondary data obtained from Refinitiv, Fame and FTSE 150 databases, the sample consists of 112 non-financial companies from 2010 to 2018, thus 926 firm-year observations. The results reveal a positive