Corporate social responsibility adoption for achieving economic, environmental, and social sustainability performance

Bux, Hussain; Zhang, Zhe; Ali, Adnan

doi:10.1007/s10668-024-05155-7

Environ Dev Sustain

2024

DOI: 10.1007/s10668-024-05155-7

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Corporate social responsibility adoption for achieving economic, environmental, and social sustainability performance

Hussain Bux,

Zhe Zhang,

Adnan Ali

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2024

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Cited by 2 publications

References 166 publications

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Enhancing sustainable fit between corporate social responsibility and innovation: Implications for firm performance

Ushie,

Jiang,

Ali

et al. 2024

Corp Soc Responsibility Env

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Despite several studies on corporate social responsibility (CSR) and innovation on firm performance, the extent to which different CSR practices interacts with distinct innovation types in enhancing firm performance remains underexplored. We draw on contingency theory to examine how internal and external CSR interacts with exploitative and explorative innovation to improve firm performance. We discuss the interaction effects using a panel dataset of 1156 publicly listed Chinese firms that disclosed CSR and innovation information from 2008 to 2019. The results indicate that firms with high‐internal CSR benefit to a greater extent from explorative innovation than from exploitative innovation as a means of enhancing performance. In contrast, firms with high‐external CSR benefit to a greater extent from exploitative innovation than from explorative innovation to improve performance. We contribute to strategy and CSR literature by revealing how firms match specific CSR practices with distinct innovation types to enhance firm performance.

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Enhancing sustainable fit between corporate social responsibility and innovation: Implications for firm performance

Ushie,

Jiang,

Ali

et al. 2024

Corp Soc Responsibility Env

View full text Add to dashboard Cite

show abstract

Sustainability Beyond Profits: Assessing the Impact of Corporate Social Responsibility on Strategic Business Performance in Hospitality Small and Medium Enterprises

Mu,

Li,

Hussain

2024

Sustainability

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In today’s business world, small and medium enterprises (SMEs) are increasingly dedicated to social responsibility and environmental sustainability, gaining recognition from communities, investors, and customers who view them as socially and environmentally conscious. Thus, this research examines how Corporate Social Responsibility (CSR) orientation, commitment, and participation affect strategic business performance (SBP) of SMEs in hospitality sectors, along with the potential mediation function of CSR engagements. To investigate the proposed model, this study employed a cross-sectional dataset of 163 hospitality SMEs, incorporating 482 valid responses. The representative sample was analyzed using structural equation modeling (SEM), regression analysis, and bootstrapping techniques to test direct and indirect effects. Findings indicate that CSR orientation, commitment, and participation play vital roles as antecedents of SBP. In hospitality SMEs, adopting CSR practices is imperative for increasing SBP. This study bridges a crucial research gap, particularly in understanding how hospitality SMEs engage in CSR and its impact on business success, offering valuable insights for SME management, practitioners, and stakeholders.

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Corporate social responsibility adoption for achieving economic, environmental, and social sustainability performance

Cited by 2 publications

References 166 publications

Enhancing sustainable fit between corporate social responsibility and innovation: Implications for firm performance

Enhancing sustainable fit between corporate social responsibility and innovation: Implications for firm performance

Sustainability Beyond Profits: Assessing the Impact of Corporate Social Responsibility on Strategic Business Performance in Hospitality Small and Medium Enterprises

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