A framework of firms' business sustainability endeavours with internal and external stakeholders through time across oriental and occidental business contexts

Lee, Tzong-Ru; Lin, Keng‐Pei; Chen, Chang-Hsiung; Neira, María del Carmen Otero; Svensson, Göran

doi:10.1108/apjml-12-2020-0911

Cited by 6 publications

(4 citation statements)

References 88 publications

(179 reference statements)

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“…Conventionally, CG is construed as a governing code intended to safeguard shareholders' investments from opportunistic managers (Naciti et al, 2021). However, CG is increasingly used to examine diverse stakeholder interests, and is often developed in response to the relationships between shareholders and other firm stakeholders (Lee et al, 2022) and the rights and responsibilities among these stakeholders (Ditlev-Simonsen & Midttun, 2011).…”

Section: Theoretical Perspectives and The Role Of Corporate Governancementioning

confidence: 99%

Scoping the Mediating Role of Corporate Governance on the Relationship Between Sustainability and Financial Performance of Firms

Bajwa,

Wood,

Rus

2023

JMS

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Corporate sustainability is becoming pervasive, resulting in the intertwining of governance mechanisms at the organizational level, which is ultimately responsible for sustainability and the financial performance of firms. The objective of this study is to systematically document the extent to which various corporate governance mechanisms mediate the relationship between sustainability and the financial performance of firms. Following a scoping review approach, this paper analyzes a final sample of 91 studies for the period 2016–2022. Drawing from the cluster analysis technique, this paper identifies three focus areas: 1) board-level governance, 2) operational-level governance, and 3) assurance-level governance. The results suggest that these governance mechanisms have become increasingly significant for firm performance. In addition to consolidating the existing knowledge and frameworks in which governance and sustainability research intersect, the findings yield policy implications for firms seeking to integrate sustainability into their operations. This study contributes to the literature by being the first of its kind to systematically document the mediating role of governance on the relationship between sustainability and the financial performance of firms. It concludes that though existing literature provides a good overview of emerging governance strategies in relation to firm performance, there is a need for more deductive evidence in the literature.

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Section: Theoretical Perspectives and The Role Of Corporate Governancementioning

confidence: 99%

Scoping the Mediating Role of Corporate Governance on the Relationship Between Sustainability and Financial Performance of Firms

Bajwa,

Wood,

Rus

2023

JMS

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“…The institutional and innovation environments in which LSPs operate impact their technological innovation and green practices. Corporate green activities may be considered the result of the interaction of institutions, the innovation environment, and companies' resources (Lee, Lin, Chen, Otero-Neira, & Svensson, 2021;Ramaswamy, Purkayastha, & Petitt, 2017).…”

Section: Green Practices and Institutional Embeddedness Of Logistics ...mentioning

confidence: 99%

Fostering sustainable logistics businesses: the role of innovation ecosystems and institutional contexts for logistics firms in China

Liu

Chung

2022

APJML

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PurposeDrawing on institution embeddedness and the resource-based view, the authors develop a theoretical framework and empirically examine how intra-national innovation ecosystems and environmental institutions impact logistics service providers' (LSPs) technological innovation (TI) and green practices.Design/methodology/approachThe authors test the theoretical framework based on survey data of 328 Chinese LSPs. Archival datasets complement the survey data.FindingsThe research reveals that intra-national institutional forces of formal and informal environment-related institutions can mitigate LSPs' reliance on their firm-specific advantages when engaging in TI and green practices. Results from a three-way interaction indicate that intra-national innovation ecosystems positively moderate the effects of environmental institutions.Research limitations/implicationsThe research has three critical implications. First, the study reveals the contingency role of intra-national environment-related institutions and innovation ecosystems in shaping green logistics. Second, the study finds new results about the roles of informal environmental institutions. Finally, intra-national innovation ecosystems can override environmental institutions in influencing the green practices of LSPs.Originality/valueTaking a unique angle of institution embeddedness coupled with the resource-based view, the authors examined how intra-national ecosystems and environmental institutions impact LSPs' TI and green practices.

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“…In so, Lee et al (2021) indicated that sustainability is aligned to areas of marketing and management through the Triple Bottom Line approach (TBL). That is, a firm intending to adopt a sustainability approach must consider a comprehensive application by which it needs to create economic, social and environmental values for the firm and its stakeholders (Bocken et al, 2014).…”

Section: Introductionmentioning

confidence: 99%

“…In so, Lee et al. (2021) indicated that sustainability is aligned to areas of marketing and management through the Triple Bottom Line approach (TBL).…”

Section: Introductionmentioning

confidence: 99%

TBL dominant logic for sustainability in oriental businesses

Lee

Lin

Chen

et al. 2022

MIP

Self Cite

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PurposeThis paper aims to examine the common denominators of measurement properties of a Triple Bottom Line (TBL) dominant logic for business sustainability through time and across business contexts.Design/methodology/approachThe method was based on a quantitative approach and a questionnaire survey in corporate Taiwan with a response rate of 68.5%.FindingsThis article uncovers and fortifies common denominators through time between oriental and occidental business contexts.Practical implicationsThe framework of TBL dominant logic for business sustainability establishes a toolbox for practitioners to examine economic, social and environmental elements as the marketing strategy in connection with business sustainability.Social implicationsThis enables to validate the framework of TBL dominant logic for business sustainability in previous research. Multiple dimensions are validated through time and across business contexts.Originality/valueThis study contributes to existing theory and previous research by fortifying the framework of TBL-dominant logic for business sustainability. The twenty-dimensional framework demonstrates universal measurement properties through time and across oriental and occidental business contexts.

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A framework of firms' business sustainability endeavours with internal and external stakeholders through time across oriental and occidental business contexts

Cited by 6 publications

References 88 publications

Scoping the Mediating Role of Corporate Governance on the Relationship Between Sustainability and Financial Performance of Firms

Scoping the Mediating Role of Corporate Governance on the Relationship Between Sustainability and Financial Performance of Firms

Fostering sustainable logistics businesses: the role of innovation ecosystems and institutional contexts for logistics firms in China

TBL dominant logic for sustainability in oriental businesses

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