Search Results (185)

Energy-intensive industries (EIIs) face mounting pressure to reduce greenhouse gas emissions while maintaining international competitiveness—a balance that is central to achieving the EU’s 2030 and 2050 climate objectives. In this context, energy management (EM) emerges as a strategic instrument to decouple industrial growth from fossil energy consumption. This study proposes a redefinition of EM to support carbon-neutral supply chains within the European Union’s EIIs, addressing critical limitations of conventional EM frameworks under increasingly stringent carbon regulations. Using a modified systematic literature review based on PRISMA methodology, complemented by expert insights from EU Member States, this research identifies structural gaps in current EM practices and highlights opportunities for integrating sustainable innovations across the whole industrial value chain. The proposed EM concept is validated through an analysis of 24 EM definitions, over 170 scientific publications, and over 80 EU legal and strategic documents. The framework incorporates advanced digital technologies—including artificial intelligence (AI), the Internet of Things (IoT), and big data analytics—to enable real-time optimisation, predictive control, and greater system adaptability. Going beyond traditional energy efficiency, the redefined EM encompasses the entire energy lifecycle, including use, transformation, storage, and generation. It also incorporates social dimensions, such as corporate social responsibility (CSR) and stakeholder engagement, to cultivate a culture of environmental stewardship within EIIs. This holistic approach provides a strategic management tool for optimising energy use, reducing emissions, and strengthening resilience to regulatory, environmental, and market pressures, thereby promoting more sustainable, inclusive, and transparent supply chain operations. Full article

In an era where sustainable development is increasingly a core strategic issue for businesses, how top management, as the architects of corporate strategy, can achieve a synergy of economic, social, and environmental benefits through internal management mechanisms to promote corporate sustainability is a central focus for both academia and practice. This study aims to explore how Executive Cognitive Flexibility (CF) influences Firm Performance and to uncover the mediating effects of Non-market Strategy. We use panel data from Chinese A-share listed companies between 2016 and 2022 to examine and empirically analyze this mechanism. Our findings indicate that CF has a positive impact on Firm Performance. This relationship is realized through the pathway of Non-market Strategy, specifically manifesting as a reduction in Corporate Social Responsibility (CSR) and an increase in Corporate Political Activity (CPA). Further analysis reveals that the impact of executive cognitive flexibility on firm performance is differentially influenced by internal and external environmental contexts. The findings of this study provide important practical insights and policy recommendations for companies on cultivating executive cognitive flexibility, optimizing non-market strategies, and enhancing firm performance in various internal and external environments. Full article

Prior research often portrays Corporate Social Responsibility (CSR) as a coercive institutional force compelling firms to passively conform for legitimacy. More recent studies, however, suggest firms actively pursue CSR to gain sustainable competitive advantages. Yet, how and when CSR buffers firms against adverse shocks of crises remains insufficiently understood. This study addresses this gap by using multiple regression analysis to examine the buffering effects of CSR investments during the COVID-19 crisis, which severely disrupted capital markets and firm valuation. Drawing on signaling theory and CSR literature, we analyze the stock market performance of China’s A-share listed firms using a sample of 2577 observations as of the end of 2019. Results indicate that firms with higher CSR investments experienced significantly greater cumulative abnormal returns during the pandemic. Moreover, the buffering effect is amplified among firms with higher debt burdens, greater financing constraints, and those operating in regions with stronger social trust and more severe COVID-19 impact. These findings are robust across multiple robustness checks. This study highlights the strategic value of CSR as a resilience mechanism during crises and supports a more proactive view of CSR engagement for sustainable development, complementing the traditional legitimacy-focused perspective in existing literature. Full article

The aim of this study was to compare IC and CSR and to examine ICr as a mediating variable. The study employed a relational survey design and involved participants drawn from industrial organizations based in Tehran. To evaluate participants’ perceptions of innovation climate, corporate social responsibility, and Individual Creativity, standardized questionnaires were used. In analyzing the findings, the structural equation modeling (SEM) approach was adopted, and the analyses were conducted using SPSS AMOS version 26. The analysis revealed that an Innovative Climate exerts a positive and statistically significant influence on CSR. In addition, a positive and significant association was identified between Innovative Climate and Individual Creativity. The results further demonstrated a meaningful relationship between Individual Creativity and CSR. Finally, to test the hypothesis of partial mediation, the study confirmed that Individual Creativity functions as a mediating mechanism between IC and CSR. Overall, these findings highlight the critical role of an innovative environment in enhancing CSR efforts from the perspective of Individual Creativity, and they provide insight for future studies aimed at developing strategies to strengthen creativity as a strategic means of achieving more effective CSR outcomes. The study advocates the development of an innovation-oriented mindset as a pathway to promoting socially responsible practices within Tehran’s industrial sector. Full article

The oil and gas industry remains vital to the global economy, yet its operations contribute significantly to environmental degradation, one of the most urgent challenges of the 21st century. This study explores the lived experiences of those directly impacted by the negative externalities of oil and gas activities, with a focus on gas flaring, oil spills, and habitat loss. Corporate social responsibility (CSR) and environmental conservation in lower-income countries remain underexplored in the existing literature. This study addresses that gap by specifically examining Nigeria’s oil and gas industry context. It examines the extent to which CSR initiatives address or intensify these environmental issues, raising the central question: to what extent do CSR efforts contribute meaningfully to environmental conservation, and how are they perceived by affected communities? Using an exploratory qualitative approach, this study draws on in-depth, face-to-face interviews with key stakeholders, including oil company staff and host community members. Data were analysed thematically through inductive coding, leading to the construction of one overarching theme: “CSR as a strategic response.” This theme emerged from three central codes—afforestation, shore protection, and environmental conservation and remediation. Findings suggest that CSR must evolve from transactional interventionist gestures to long-term ecological stewardship. Full article

This conceptual paper introduces the Green Lean Operational Excellence (GLOE) framework to address the limitations of conventional lean systems in responding to sustainability and resilience challenges. Rooted in sustainability science and operations management, the model reconceptualizes operational excellence by integrating green imperatives—such as environmental accountability, adaptability, and systemic feedback—into lean methodologies. Rather than focusing solely on cost-efficiency, lean practices have also been recognized for enhancing quality, process stability, and organizational flexibility (e.g., Womack & Jones, 1996), which makes them valuable foundations for sustainability integration. The framework was developed through an interdisciplinary synthesis of the literature on lean operations, green supply chains, and adaptive organizational systems. It proposes a structured flow from strategic preconditions to hybrid mechanisms and sustainability-linked outcomes, supported by continuous refinement loops. Key propositions are offered for empirical testing. GLOE redefines excellence beyond traditional cost-driven paradigms, extending lean theory toward strategic sustainability, and bridging gaps between operational practice and sustainability science. It also provides a roadmap for future research, emphasizing empirical validation, indicator development, and digital integration. The model offers practical guidance for managers to move beyond siloed CSR programs and embed sustainability into the core of operational strategy. Ultimately, GLOE positions operations as active contributors to organizational resilience and long-term value in an era of climate disruption and socio-ecological complexity. Full article

In an era marked by rapid technological advancements, the relationships among organizational digitalization, innovation, and sustainability are receiving growing academic and managerial attention. This paper employs bibliometric analysis to examine the scientific literature on these interconnected terms, based on 775 relevant publications retrieved from the Web of Science database and analyzed using MS Excel, Bibliometrix, and VOSviewer software packages. The findings reveal a rapid increase in research on digital transformation and sustainability since 2017, with key themes including Industry 4.0, artificial intelligence, blockchain, and circular economy. However, the analysis also highlights notable conceptual fragmentation, emphasizing the need for a more integrated theoretical framework, especially in fields such as performance measurement and corporate social responsibility. From a practical standpoint, the study identifies research gaps—including CSR alignment, SME digitalization, and evaluation metrics—where organizations and policymakers continue to face challenges. These findings can support targeted capacity building, policy development, and strategic research funding aligned with sustainability-oriented innovation. By synthesizing key patterns from the literature, this study contributes to a deeper understanding of how digital transformation drives sustainable innovation, while suggesting several directions for further investigation in both academia and practice. Full article

As freshwater scarcity becomes increasingly severe under climate change, physical water risk has emerged as a critical financial concern for firms in water-intensive industries. This study explores whether and how physical water risk influences firms’ cost of equity, and whether corporate social responsibility (CSR)—both its overall level and structural differentiation—modulates this relationship. Using panel data from 849 Chinese listed companies in water-intensive sectors between 2011 and 2022, we find that physical water risk significantly elevates equity capital costs. While a strong CSR performance buffers this effect, CSR differentiation—reflected in uneven CSR engagement across different domains—undermines or even reverses this moderating role. Additional heterogeneity analyses show that these patterns are more pronounced in large and non-state-owned enterprises. These findings deepen our understanding of how environmental risks are priced in capital markets and offer strategic insights for firms seeking to manage sustainability-related financial exposures. Full article

In response to escalating societal and environmental expectations, corporate social responsibility (CSR) has evolved into a strategic imperative rather than a voluntary or peripheral activity. This study investigates the effect of employees’ CSR perceptions on job performance, with corporate reputation (CR) examined as a mediating variable. Drawing on Social Identity and Social Exchange Theories, the research explores how CSR, as an element of business innovation and sustainable organizational practices, fosters internal stakeholder engagement and performance enhancement. Data were collected from five-star hotel employees in İstanbul/Türkiye, a service sector context where customer satisfaction is highly dependent on frontline employee behavior. Using PROCESS Macro for SPSS 27, the findings reveal that CSR perceptions significantly and positively influence employee performance both directly and indirectly through the enhancement of CR. This mediating effect underscores the role of CSR not only as an ethical framework but also as an internal mechanism that strengthens employee commitment and output. The study contributes to CSR and the organizational behavior literature by empirically validating that internal CSR perceptions shape strategic outcomes such as employee performance, especially within high-contact service environments. Theoretical implications emphasize CSR’s integrative function in reputation-building and performance systems, while practical insights recommend embedding socially responsible practices into HR and internal communication strategies to achieve sustainable outcomes and societal well-being. These findings offer meaningful contributions to the scope of business innovation by linking CSR with strategic performance indicators in labor-intensive industries. Full article

This paper introduces the Integrated Model for Sustainable Development (IMSD), a theory-driven governance framework that embeds Corporate Diversity Responsibility (CDR) into climate and energy policy to advance systemic equity, institutional resilience, and inclusive innovation. Grounded in Institutional Theory, the Resource-Based View (RBV), and Intersectionality Theory, IMSD unifies fragmented sustainability efforts across five pillars: Climate Sustainability, Social Sustainability (CDR), Governance Integration, Collaborative Partnerships, and Implementation and Monitoring. Aligned with SDGs 7, 10, and 13, IMSD operationalizes inclusive leadership, anticipatory adaptation, and equity-centered decision-making. It addresses the compounded climate vulnerabilities faced by women and marginalized groups in the Global South, integrating insights from Indigenous resilience and intersectional adaptation strategies. Unlike conventional CSR or ESG models, IMSD institutionalizes diversity as a strategic asset and governance principle. It transforms DEIB from symbolic compliance into a catalyst for ethical leadership, legitimacy, and performance in turbulent environments. The model’s modular structure supports cross-sector scalability, making it a practical tool for organizations seeking to align ESG mandates with climate justice and inclusive innovation. Future empirical validation of the IMSD framework across diverse governance settings will further strengthen its applicability and global relevance. IMSD represents a paradigm shift in sustainability governance—bridging climate action and social equity through theory-based leadership and systemic institutional transformation. Full article

This study explores how corporate social responsibility (CSR) disclosure contributes to sustainable value creation by enhancing intellectual capital (IC) and investigates the moderating role of institutional ownership (IIOW) in this relationship. Using a panel dataset of 828 firm-year observations from non-financial Saudi companies listed on the Saudi Stock Exchange (Tadawul) between 2016 and 2021, the analysis applies feasible generalized least squares (FGLS) regression to test the proposed relationships. The findings reveal a significant positive association between CSR disclosure and IC, underscoring the strategic importance of CSR in building intangible corporate assets. Moreover, IIOW strengthens this association, suggesting that IIOW plays a critical role in promoting sustainability-oriented practices. Robustness checks using alternative proxies and estimation techniques confirm the validity of the results. This study provides novel empirical evidence from Saudi Arabia, contributing to the CSR and IC literature in emerging markets and offering practical insights for policymakers, investors, and corporate leaders aiming to foster long-term organizational resilience. Full article

In the European Union’s Corporate Sustainability Reporting Directive (CSRD) context, organizations must increasingly integrate non-financial indicators into their reporting structures. The role of accounting information in establishing a comprehensive model for measuring corporate social responsibility (CSR) is critical due to its inherent characteristics. This study proposes a structured model for measuring CSR performance using accounting information systems (AIS) as an analytical and operational support tool. The research investigates the extent to which financial analysts and auditors use AIS to evaluate specific CSR indicators related to employee satisfaction, environmental impact, and customer relations and how these contribute to a global CSR index. The study is based on a quantitative survey conducted among accounting professionals in Romania using a structured questionnaire, analyzed through correlation-based models. The findings reveal a statistically significant association between AIS usage and the capacity to quantify CSR performance, with clear distinctions based on professional roles and areas of expertise. This article contributes to the literature by demonstrating how AIS can operationalize sustainability reporting frameworks and support the transition toward evidence-based CSR assessments. The proposed model offers a practical tool for organizations to improve transparency, stakeholder engagement, and strategic alignment with sustainability objectives. Full article

The integration of Industry 4.0 technologies with Corporate Social Responsibility (CSR) initiatives offers transformative potential for enhancing safety culture in manufacturing. This study investigates how managerial competence facilitates the alignment of tools like the Internet of Things (IoT), Artificial Intelligence (AI), and big data analytics with CSR principles to foster sustainable safety practices. Employing a qualitative methods approach with secondary data from 2010 to 2024, including case studies of some of five leading firms (Siemens, General Electric, Toyota, Bosch, and Ford) and a systematic literature review, this analysis uses thematic and statistical techniques. The results show that strategic integration significantly reduces workplace hazards by 30–50%, boosts employee engagement, and enhances operational efficiency through real-time monitoring, predictive maintenance, and CSR alignment. Managerial competence, encompassing strategic vision, technical expertise, and stakeholder engagement, is critical for aligning these domains, delivering enhanced safety, sustainability, and competitive advantages. Full article

Amid growing sustainability demands, limited research explores how green organizational practices influence employee retention through personal norms. In the Chinese manufacturing sector, where talent retention is increasingly critical amid environmental challenges, this study examined the relationships between green shared vision, green corporate social responsibility (CSR), green psychological climate, and green human resource management (HRM) with employee retention, mediated by personal norms. A quantitative research design was adopted, collecting survey data from 263 employees working in the Chinese manufacturing sector. Structural equation modeling (SEM) using Smart PLS tested the direct and mediating effects of personal norms on the relationship between green organizational practices and employee retention. The results reveal that green shared vision and green CSR significantly enhance personal norms, which positively impact employee retention. Personal norms mediate the relationships between these two practices and retention. However, green psychological climate and green HRM show no significant direct or mediated effects on personal norms and retention, suggesting the need for additional contextual alignment to enhance their effectiveness. Organizations should integrate sustainability into their strategic vision and CSR activities to foster personal norms that drive retention. Efforts such as green communication campaigns, community-centered CSR programs, and targeted green HRM policies can strengthen employees’ alignment with organizational goals and reduce turnover. This study extends the theory of planned behavior (TPB) by demonstrating the role of personal norms as a mediator, providing fresh insights into the psychological mechanisms linking green practices to employee retention within China’s manufacturing context. Full article

Corporate social responsibility (CSR) disclosure plays a pivotal role in mitigating “blue” (labor standard) and “green” (environmental standard) trade barriers, optimizing the foreign trade ecosystem, fostering sustainable development of export-oriented enterprises, and advancing societal welfare objectives—all critical to maintaining high-quality social order in China. Grounded in institutional and strategic management theories, this study systematically investigates the effects of CSR disclosure on corporate export performance, focusing on mediating and moderating mechanisms, and conducts rigorous empirical testing using comprehensive firm-level CSR disclosure data from Chinese listed companies. The results reveal the following key findings: (1) CSR disclosure positively influences corporate exports; (2) enterprise financing capacity and innovation output serve as dual mediating mechanisms, through which CSR disclosure enhances export performance by improving access to external capital and stimulating product/service innovation; (3) environmental regulations amplify the export-promoting effect of CSR disclosure, indicating that institutional environmental constraints incentivize firms to leverage disclosure as a strategic response to global sustainability demands; (4) heterogeneity analysis reveals that large enterprises derive the strongest export benefits from CSR disclosure, followed by medium-sized and small enterprises; and (5) private enterprises exhibit significantly greater export gains from CSR disclosure compared to state-owned enterprises. These results underscore the context-specific and multi-dimensional nature of CSR disclosure’s impact on exports, highlighting how firm size and ownership structure shape the efficacy of disclosure strategies in global markets. This study contributes to both academic literature on corporate sustainability and practical policy by demonstrating how strategic CSR disclosure can serve as a tool for overcoming institutional barriers and enhancing international competitiveness. Full article