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Strategic and Managerial Decision Making for Enterprise Sustainability

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: closed (1 February 2021) | Viewed by 7294

Special Issue Editor


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Guest Editor
Department of Management and Law, School of Economics, University of Rome Tor Vergata, Rome, Italy
Interests: decision-making; co-evolution; behavioral strategy; corporate restructuring; real estate management

Special Issue Information

Dear Colleagues,

The most recent US Business Roundtable has, again, put corporate sustainability over the long term at the center of the debate about enterprises’ strategic decision-making. This, in turn, also affects the way in which managerial decision-making processes should be run. In fact, especially in our complex and hypercompetitive macroeconomic scenario, no enterprise should feel invincible per se. Yet, some periods of continuous competitive success can eventually give life to self-reinforcing mechanisms of conviction in the minds of firms’ top decision makers; these mechanisms can become so strong as to make feedback and environmental stimuli unheard. That is the moment in which, unfortunately, decision makers also suffer the risk of ruining all that (potentially good) they have attempted, with difficulty, to build over time.

Hence, standing on the shoulders of both the seminal and more recent approaches to behavioral decision-making, this Special Issue aims to address the following research questions: How are decisions in enterprises currently taken? How could they be taken towards promoting more sustainable values?

In particular, this Special Issue aims to present a selection of theoretical, review, and empirical (qualitative or quantitative) papers covering the breadth of strategic and managerial decision-making for the sustainability and survival of enterprises over the long-term. Experimental research methods are also welcome. Thus, topics of interest include (but are not limited to) the following:

  • Bounded rationality, heuristics, and traps in enterprise decision-making;
  • Traditional and forefront problem-solving techniques;
  • Emotions, creativity, and intuition to enhance the quality of decisions;
  • Intra and interfirm negotiations for sustainable decision-making;
  • Sustainable decision-making in the workplace;
  • Self-reinforcing decisional processes;
  • Decision-making and business ethics;
  • (Big) data-driven decision-making, artificial intelligence, and sustainable business models;
  • Decision-making and behavioral strategy.

The papers submitted to this Special Issue will be subject to a rigorous peer review procedure.

Prof. Gianpaolo Abatecola
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • enterprise
  • decision-making
  • bounded rationality
  • problem solving
  • negotiations
  • creativity
  • behavioral strategy

Published Papers (2 papers)

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Research

25 pages, 736 KiB  
Article
The Relationship between Slack Resources, Resource Bricolage, and Entrepreneurial Opportunity Identification—Based on Resource Opportunity Perspective
by Yongbo Sun, Shuang Du and Yixin Ding
Sustainability 2020, 12(3), 1199; https://doi.org/10.3390/su12031199 - 07 Feb 2020
Cited by 29 | Viewed by 4551
Abstract
There are a lot of slack resources in a company. It is vitally important for an enterprise to use slack resources to identify entrepreneurial opportunities to establish company sustainable development. On the basis of the resource orchestration theory and from resource-opportunity perspective, this [...] Read more.
There are a lot of slack resources in a company. It is vitally important for an enterprise to use slack resources to identify entrepreneurial opportunities to establish company sustainable development. On the basis of the resource orchestration theory and from resource-opportunity perspective, this paper constructs a framework of slack resources and entrepreneurial opportunity identification, exploring the mediating of resource bricolage, the moderating of network ties, and the moderated mediation of network ties. In our analyses, we used data from companies in eastern China, and statistical hypotheses were validated through a structural equation model with data using the statistical software Amos version 20, SPSS version 22. The research results show that: (1) Absorbed slack resources and unabsorbed slack resources have a positive impact on entrepreneurial opportunity identification. (2) Slack resources indirectly affect the opportunity identification through the mediating role of resource bricolage. Among them, resource bricolage has a fully mediating role between absorbed slack resources and entrepreneurial opportunity identification, and it has a partial mediating role between unabsorbed slack resources and entrepreneurial opportunity identification. (3) Business ties positively moderate the relationship between two types of slack resources and entrepreneurial opportunity identification, and business ties moderate the mediation effect of resource bricolage. The resource-opportunity perspective answers how decisions are made, and the entire model process answers how to create sustainable value (entrepreneurship opportunities). The study guides managers on how to integrate and use external and internal resources, coordinate resource elements, and identify profitable business opportunities. Full article
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20 pages, 1610 KiB  
Article
Can the Famous University Experience of Top Managers Improve Corporate Performance? Evidence from China
by Weifeng Xu, Qingsong Ruan and Chang Liu
Sustainability 2019, 11(24), 6975; https://doi.org/10.3390/su11246975 - 06 Dec 2019
Cited by 1 | Viewed by 2232
Abstract
With the continuous improvement of China’s overall education level, the number of top managers with famous university experience in listed companies has been increasing. The question then becomes whether the performance of the listed companies is better if there are more top managers [...] Read more.
With the continuous improvement of China’s overall education level, the number of top managers with famous university experience in listed companies has been increasing. The question then becomes whether the performance of the listed companies is better if there are more top managers with famous university experience in the top management team (TMT). Based on the sample of listed companies in China from 2008 to 2018, we adopted the two-way fixed effect model and panel propensity score matching (Panel-PSM) methodology to examine the impact of top managers with famous university experience on corporate performance and its mechanism. We found that the higher the proportion of top managers with famous university experience in the TMT, the better the corporate performance will be, and this positive effect is larger in companies with high business complexity. We also found that this effect is mediated by overconfidence of the TMT. The proportion of top managers with famous university experience in the TMT will inhibit the overconfidence of the TMT, which will ultimately benefit corporate performance. Full article
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