2020
DOI: 10.1002/bse.2645
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Business strategy and sustainable development: Evidence from China

Abstract: This study examines whether and how business strategies affect firms' sustainable development from the view of green innovation. We show that firms following prospector strategy engage in less sustainable development behaviors than those following defender strategies. The negative relation between business strategy and green innovation continues to hold when addressing robustness with alternatives of business strategy and green innovation and addressing potential endogeneity with instrumental variable. We furt… Show more

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Cited by 67 publications
(54 citation statements)
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References 71 publications
(104 reference statements)
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“…Past studies that published by Business Strategy and the Environment Journal such as (Awan et al, 2021; Liu & Kong, 2021; Martínez Hernández et al, 2021; Shah & Soomro, 2021; Yang et al, 2019) found and claimed that green business strategies that cover leveraging of green innovation practices and green entrepreneurship mindset are the most prominent driver supporting and maintaining EP. The findings of this study have significant implications for modern business strategies from three‐points of view namely ecological, societal, and economic perspectives.…”
Section: Discussionmentioning
confidence: 99%
“…Past studies that published by Business Strategy and the Environment Journal such as (Awan et al, 2021; Liu & Kong, 2021; Martínez Hernández et al, 2021; Shah & Soomro, 2021; Yang et al, 2019) found and claimed that green business strategies that cover leveraging of green innovation practices and green entrepreneurship mindset are the most prominent driver supporting and maintaining EP. The findings of this study have significant implications for modern business strategies from three‐points of view namely ecological, societal, and economic perspectives.…”
Section: Discussionmentioning
confidence: 99%
“…Internal control quality (ICQ) is influenced by business strategy. The internal control function of a company aims to guarantee that the company runs smoothly and consistently implements long-term strategic plans, as well as provide good workplace conditions for its employees to perform their heavy pollution-generating duties (Liu & Kong, 2021). The Sarbanes-Oxley Act, promulgated by the United States in 2002, has ensured the stability of the capital market and emphasizes the value of internal control.…”
Section: Internal Control As a Regulatory Toolmentioning
confidence: 99%
“…Among these, Miles and Snow (1978) recommend the first three as viable or sustaining strategies. In recent literature, Liu and Kong (2020), Bortoluzzi et al (2020), Panda and Sharma (2020), Lin et al (2020), Osorio-Londoño et al (2020, Shen et al (2020) and Peng (2020) have extracted Miles and Snow (1978) and Miles et al (1978) strategy typology for the reference in their research.…”
Section: Literature Reviewmentioning
confidence: 99%