The role of sustainable development and innovation on firm performance

Guerrero‐Villegas, Jaime; García, Laura Sierra; Palacios‐Florencio, Beatriz

doi:10.1002/csr.1644

Cited by 107 publications

(79 citation statements)

References 103 publications

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“…Although there are a considerable studies on CSR (e.g., Martínez‐Ferrero & Frías‐Aceituno, ) at the corporate and business levels, few works examine corporate responsibility at the functional level of the firm including supply chain strategy (Gallear, Ghobadian, & Chen, ); thus, we propose the notion of partner social responsibility as a safeguard mechanism to reduce the opportunistic behaviors when the supply chain partners invest in specific assets and transfer their knowledge to the other. Different with Guerrero‐Villegas, Sierra‐García, and Palacios‐Florencio (), who found that CSR acts as a mediator between innovation and objective performance, this study finds that partner social responsibility plays a moderating role not only in the link of specific investments and knowledge transfer but also in the knowledge transfer—green supply chain innovation performance link. Therefore, our research extends prior understanding to CSR.…”

Section: Discussioncontrasting

confidence: 96%

Gaining sustainable development by green supply chain innovation: Perspectives of specific investments and stakeholder engagement

2019

Bus Strat Env

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Despite general attention has been given to sustainable development and green innovation, little empirical effort has been made to explore the factors influencing green innovation performance in the context of supply chain relationships, especially in emerging countries like China. To address this research gap, from the perspectives of specific investments, we examine the role of specific investments in relation to the outcome of green supply chain innovation. Drawing on knowledge management theory, we propose that knowledge transfer plays a mediating role underlying the relationship. On the basis of the stakeholder involvement theory, we argue that partner social responsibility plays moderating roles not only in specific investments—green supply chain innovation performance link—but also in the link of knowledge transfer and performance. We tested the proposed relationships with a sample consisted of 331 questionnaires and validated responses from 187 high‐tech firms in China. The results generally support the proposed hypotheses, and the integrative model—moderated mediation—is also supported. As such, this study contributes to understand about how specific investments affect the performance of green supply chain innovation, providing new insights on stakeholder involvement and knowledge transfer in green supply chain innovation management.

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Section: Discussioncontrasting

confidence: 96%

Gaining sustainable development by green supply chain innovation: Perspectives of specific investments and stakeholder engagement

2019

Bus Strat Env

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“…CSR items were adapted from a previously validated study (Guerrero-Villegas et al, 2018;Lindgreen et al, 2009;Martinez-Conesa et al, 2017), and comprised 22 items classified into 4 groups: customer, employee, community, and environment. The extent of involvement in CSR was measured using a 5-point scale (ranging from strongly disagree ¼ 1 to strongly agree ¼5).…”

Section: Variable Measurementmentioning

confidence: 99%

How does CSR enhance the financial performance of SMEs? The mediating role of firm reputation

Bahta

Jiang

Islam

et al. 2020

Economic Research-Ekonomska Istraživanja

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This study investigates the link between corporate social responsibility (CSR) and the performance of small and medium enterprises (SMEs) and the mediating role of firm reputation from a developing country perspective. Empirical research was carried out, and data were gathered using a questionnaire from 402 owners/managers of SMEs in Eritrea, a country in East Africa. Smart-Partial Least Squares structural equation modelling was employed. The results showed that CSR significantly influences the performance of SMEs, and this relationship is partially mediated by firm reputation. This research contributes to the knowledge of how CSR activities lead to SMEs' financial performance. This strengthens prior evidence on the impact of CSR on business performance while also contributing significantly to the literature on the mediating role of reputation between social and financial performance. The application of the relationship to SMEs in developing nations reinforces the originality of this study. It makes substantial contributions to the literature in terms of theory, practice, and policy.

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“…In this line and from the relationship marketing approach, CSR has been identified with three main dimensions, based on the theoretical model of the "triple bottom line" formulated by Elkington (2004) [11]: economic, environmental, and social sustainability, being the retail companies the ones that initially implemented this business. Although there is some previous work on sustainability from the point of view of the producer and of the supply chain (Hammer and Pivo, 2017 [12]; Bernal-Conesa et al (2017) [13]; or those including the CSR actions related to philanthropy (Arco-Castro et al, 2020 [14]; Guerrero-Villegas et al (2018) [15]), the protection of the environment, defending consumers, respect for workers' rights and helping the community [15]; Herrera et al, 2016 [16]; López-Pérez et al, 2018) [17], the sustainability model implemented by retailers has not yet been researched in depth.…”

Section: Corporate Social Responsibilitymentioning

confidence: 99%

The Importance of Sustainable Practices in Value Creation and Consumers’ Commitment with Companies’ Commercial Format

2020

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Sustainable economic models are essential for any economic sector of the country. Companies must manage their relationships with the agents involved in their economic activity through a strategy based on dialogue and the constant pursuit of a balance among economic, social and environmental interests. In this regard, there has been an increase in customers’ interest in products or businesses that display a comparatively higher commitment with workers, the environment, or society as a whole. This study aims at gaining further insight into the relationship between the committed customer and the company by analyzing the influence of corporate social responsibility on key variables such as customer perceived value or customer commitment as regards its engagement dimension (customer motivations). In order to reach this goal, we perform a review of the literature, followed by a structural equation model that incorporates said variables. This model is tested on a sample of 707 customers of supermarkets and hypermarkets. The results confirm that Corporate Social Responsibility (CSR) directly affects commitment and that customer perceived value influences both variables (CSR and commitment). In addition, the study confirms the indirect effect of perceived value on customers’ commitment with the commercial format, which is mediated by CSR.

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The role of sustainable development and innovation on firm performance

Cited by 107 publications

References 103 publications

Gaining sustainable development by green supply chain innovation: Perspectives of specific investments and stakeholder engagement

Gaining sustainable development by green supply chain innovation: Perspectives of specific investments and stakeholder engagement

How does CSR enhance the financial performance of SMEs? The mediating role of firm reputation

The Importance of Sustainable Practices in Value Creation and Consumers’ Commitment with Companies’ Commercial Format

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