2014
DOI: 10.1108/sbr-08-2014-0038
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“…In addition, through effective engagement with their stakeholders, companies can cultivate dynamic capabilities specific to stakeholders, which can aid in addressing environmental and societal issues (Dentoni et al, 2016). Besides, companies can identify and rank their stakeholders' concerns related to CSR (Bocean et al, 2014). This is of significant importance, given that firms' actions can contribute to the betterment of their communities, thereby earning trust and maintaining legitimacy (Mazboudi et al, 2020).…”
Section: Analysis and Resultsmentioning
confidence: 99%
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“…In addition, through effective engagement with their stakeholders, companies can cultivate dynamic capabilities specific to stakeholders, which can aid in addressing environmental and societal issues (Dentoni et al, 2016). Besides, companies can identify and rank their stakeholders' concerns related to CSR (Bocean et al, 2014). This is of significant importance, given that firms' actions can contribute to the betterment of their communities, thereby earning trust and maintaining legitimacy (Mazboudi et al, 2020).…”
Section: Analysis and Resultsmentioning
confidence: 99%
“…Due to stakeholders' pressure, firms are more willing to identify investment opportunities for GI (Qiu et al, 2020; Singh et al, 2022). Furthermore, dynamic capabilities enable companies to adjust their processes to preserve a strategic match between their current resources and the expectations of external stakeholders (Bocean et al, 2014). In order to gain social legitimacy from stakeholders, firms also develop pro‐environmental capabilities by promoting the CSR values of their managers and owners (Sarwar et al, 2023).…”
Section: Theoretical Background and Hypothesis Developmentmentioning
confidence: 99%