How does greenwashing influence managers' decision‐making? An experimental approach under stakeholder view

Abstract

Greenwashing is a communication practice that consists of the deliberate and voluntary disclosure of environmentally misleading (or even false) information by a firm and which the public understands to be deceptive. Although prior literature analyzes greenwashing effects from the greenwasher perspective, the underlying perceptions of managers in the decision‐making process related to maintaining (or contracting a new) a commercial partner, client, supplier, or other stakeholder who is a greenwasher, remain underexplored. This work empirically examines how greenwashing could influence managers' decision‐making and whether a moderation effect of attitude toward environmental management exists in this relationship. In doing so, this work relies on experimental design.

How and when does perceived greenwashing affect employees' job performance? Evidence from China

“…(1) Perceived greenwashing (Ferr on-Vílchez et al, 2021) (1) My company presents ambiguous messages about its environmental behavior.…”

“…Empirical research on the greenwashing–performance relationship has yielded contradictory conclusions (e.g., Testa et al, 2018; Walker & Wan, 2012), and research into its underlying mechanisms remains limited (Lyon & Montgomery, 2015). Researchers have shed light on how investors (Du, 2015), customers (Chen & Chang, 2013; Nyilasy et al, 2014; Zhang et al, 2018), business partners (Ferrón‐Vílchez et al, 2021), and the media (Berrone et al, 2017) react to greenwashing. However, there is limited, if any, empirical research conducted to investigate the greenwashing–performance relationship from the perspective of internal stakeholders (i.e., employees).…”

The Method of Assistance Carried Out by Corporate Social Responsibility Funding Companies

“…Currently, the discourse on the implementation of corporate social responsibility has grown rapidly. The basic idea of corporate social responsibility is from corporate decisions that affect stakeholders socially and the company must be responsible for the decisions it makes [4].…”

“…Third, companies can maintain quality human resources. 4. Fourth, the company can improve decision making on critical matters (critical decision making) and simplify risk management.…”

“…In terms of product promotion activities carried out by companies in Karawang for MSMEs who are members of the partnership program, namely in the form of activities such as bazaars or UMKM exhibitions held in crowded places [12]. 4. Expansion of Product Marketing.…”