Sustainable Business Strategies: What You Think Is What You Do?

Pereira, Eduarda; Loureiro, Isabel F.; Ribeiro, Páulo; Costa, Sandra; Costa, Nélson; Arezes, Pedro

doi:10.1007/978-3-030-14730-3_78

Cited by 5 publications

(4 citation statements)

References 15 publications

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“…Moreover, sustainability, has created a new competitive business landscape (Pereira et al. , 2019) and, in present times, firms are committed to sustainability as business success is highly determined by this new trend (Lloret, 2016).…”

Section: Introductionmentioning

confidence: 99%

TBL dominant logic for sustainability in oriental businesses

Lee

Lin

Chen

et al. 2022

MIP

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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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Section: Introductionmentioning

confidence: 99%

TBL dominant logic for sustainability in oriental businesses

Lee

Lin

Chen

et al. 2022

MIP

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“…These literature note that the recession of industry and declining firm performance are the main driving factors in firms' business transformation and that corporate business transformation is an adjustment reaction to industrial recessions or product decline based on long-term considerations (Kohnová et al, 2019). Pereira et al (2019) pointed out that the timely transformation of a core business is a wise choice when an industry can no longer provide enough space for the enterprise to grow. However, in reality, not all enterprises are in declining industries or failing drastically before the transformation, and many blue-chip companies with room to grow are also keen on business transformation.…”

Section: Introductionmentioning

confidence: 99%

Managerial Cognitive Bias, Business Transformation, and Firm Performance: Evidence From China

Wang

Yang

et al. 2021

SAGE Open

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Business transformation has become an important way of sustainable development of enterprises. However, the transformation performance is not ideal. Using data from Chinese listed companies from 2001 to 2016, this article employs the Heckman selection model to explore the impact of managerial cognitive bias on transformation strategy and firm performance. The results demonstrate that managerial cognitive bias plays an important role in inducing business transformation. The higher the degree of managerial overconfidence and overoptimism, the more the enterprise will tend to implement business transformation. An important contribution of the article is that it reveals the significant difference between overconfidence and overoptimism: The more overconfident the managers are, the more likely they are to adopt both internal cultivation and mergers and acquisitions (M&A) to realize firm business transformation, whereas the more overoptimistic the managers are, the more likely they are to adopt M&A rather than internal cultivation to realize firm business transformation. Furthermore, business transformation conducted by overconfident managers helps improve firm financial performance and market value, while transformation conducted by overoptimistic managers helps reduce both.

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“…Mac-Donagh et al (2019) argued that strategy is the basic long-term goals and objectives of a firm and the adoption of the courses of action and the allocation of resources necessary for achieving the goals. Pereira et al (2019) explained that it consisted of combinations of competitive moves and business approaches that managers employ to please customers, compete successfully, conduct operations and achieve organizational objectives.…”

Section: Introductionmentioning

confidence: 99%

Business Strategies and Competitive Advantage: Evidence from Flour Mill Companies in Lagos State, Nigeria

Egwakhe

Falana

Asikhia

et al. 2020

JEBS

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The authors argued from business strategies perspective to understand competitive advantage among homogenous producers. The population consisted of top and functional managers of flour mill companies in Lagos State, Nigeria. Cross sectional survey research design was adopted and primary data were collated and used. The research instrument was an adapted questionnaire. Its validity and reliability were statistically determined. Six hundred and twenty copies of the questionnaire were administered and 605 retrieved. Econometric equation was formulated and multiple regression analysis was employed for data analysis. Business strategies were found to have significantly affected competitive advantage. The study recommended product differentiation and portfolio diversification in order to achieve competitive advantage.

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Sustainable Business Strategies: What You Think Is What You Do?

Cited by 5 publications

References 15 publications

TBL dominant logic for sustainability in oriental businesses

TBL dominant logic for sustainability in oriental businesses

Managerial Cognitive Bias, Business Transformation, and Firm Performance: Evidence From China

Business Strategies and Competitive Advantage: Evidence from Flour Mill Companies in Lagos State, Nigeria

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