Corporate social responsibility oriented boards and triple bottom line performance: A meta‐analytic study

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The adoption of Green Supply Chain Management (GSCM) and its impact on firm's performance is gaining importance in both academic and corporate fields. While past studies found a positive relationship between GSCM and Corporate Environmental Performance (CEP), there is no evidence of either which are the green practices that improve CEP the most or the moderating roles that affect such relationship. In order to provide clarity as to which tools are key in leading to a stronger CEP, this study aims to examine how GSCM relates to CEP, under the effect of several moderating roles. To that end, 166 articles published between 2001 and 2023 were included in our meta‐analysis sample. Our central results reveal that the link between the variables is significantly positive, with investment recovery being the practice with the strongest impact. Moreover, it is confirmed that moderators do have an impact in this relationship. Practical implications are relevant for policy makers and upper management that is willing to introduce environmental thinking in their business strategy.

Section: Methodsmentioning

confidence: 99%

The impact of green supply chain management on corporate environmental performance and the moderating roles: A meta‐analysis

Galdos‐Urbizu,

Zubeltzu‐Jaka,

Erauskin‐Tolosa

et al. 2024

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Linking business sustainable development with entrepreneurial marketing practices: Evidence from small and medium enterprises in Ethiopia

Tolossa,

Singh,

Gautam

2024

Business sustainable development (BSD) refers to practices that meet current economic, environmental, and social needs without compromising the ability of future generations to meet their own needs. In Ethiopia, prior studies overlooked this concept when studying entrepreneurial marketing practices (EMP) in small and medium enterprises (SMEs). This study aimed to investigate the effect of these practices on the BSD. Employing a mixed‐methods approach, primary and secondary data from 387 SMEs (selected via stratified and simple random sampling from 5765) are analyzed using structural equation modeling (SEM). Results demonstrate a significant, positive relationship between EMP such as innovativeness, opportunity focus, value creation, proactiveness, and sustainable development. The study underscores the necessity for SMEs to enhance marketing practices to ensure long‐term viability and competitiveness. It highlights stakeholder engagement: policymakers, local communities, and consumers as critical for aligning marketing efforts with sustainability goals. This engagement not only meets consumer expectations for ethically driven businesses but also enhances inclusive growth and community welfare. By promoting dialogue among stakeholders, SMEs drive sustainable development initiatives and advocate for policies supporting environmentally and socially responsible practices, contributing to a greener, socially conscious economy. Future research should explore mediating or moderating variables across different SME types and regions. This study's novelty lies in its insights into how EMP impact SME sustainable development within Ethiopia, offering valuable insights for strategic decision‐making and highlighting the pivotal role of entrepreneurial marketing (EM) in achieving long‐term success in dynamic markets.

Enhancing Strategic Performance Through Sustainable Practices: The Nexus of Social Responsibility Practice and Competitive Advantage—Moderating Role of Business Ownership Type

Waktola,

Singh,

Singh

2024

Integrating sustainable business practices is crucial for long‐term strategic success in today's ever‐changing corporate environment. This research examines the relationship between social responsibility practices and competitive advantage in the banking industry, with the focus on how these activities might improve a bank's strategic performance. Furthermore, the study investigates the moderating role of business ownership type in the relationship between social responsibility and competitive advantage. This study employed a quantitative research design. The survey questionnaire was used to collect data. Data were collected from 385 customers of selected commercial banks in Ethiopia. The study used Partial Least Square Modeling (PLS‐SEM) to test relationships between variables. Social responsibility practice is measured from the perspectives of banks' philanthropic, economic, legal, and ethical activities. Bank ownership type was considered a moderating variable. The study findings show that social responsibility practices significantly influence the bank's competitive advantage. Similarly, including the moderating variable, bank ownership type, did not significantly change the relationship between social responsibility practices and competitive advantage. The results provide useful insights for business executives and practitioners who want to include sustainability into their strategy frameworks, fostering economic, social, and environmental well‐being. This study emphasizes the need to use sustainable business practices to gain a competitive edge and achieve sustainable business performance. It shows that responsible corporate behavior may result in greater strategic performance.