“…However, stakeholder theory regards social public pressure and pressure from competitors as the important drivers of environmental innovation (Egri & Herman, 2000;Wagner, 2007;Kesidou & Demirel, 2012;Río, Peñasco, & Romero-Jordán, 2013;Provasnek, Sentic, & Schmid, 2017;Yu, Lo, & Li, 2017). Some researchers have demonstrated that possessing sufficient resources is a precondition for environmental innovation, while others have found the link between resources and environmental innovation to be inconclusive (Kesidou & Demirel, 2012). (Hambrick & Mason, 1984).…”