How <scp>CEO</scp> social capital drives corporate social performance: The roles of stakeholders, and <scp>CEO</scp> tenure

Tran, Mai Dong; Adomako, Samuel

doi:10.1002/csr.2092

Cited by 35 publications

(30 citation statements)

References 104 publications

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“…Second, we contribute further to the environmental management literature (Machado et al, 2020; Sharma et al, 2020) by examining how stakeholder pressure conditions the effect of environmental collaboration on responsible innovation. Consequently, this paper contributes to the emerging stream of research that examines how the influence of environmental collaboration depends on stakeholder pressures (Konadu et al, 2020; Tran & Adomako, 2021). Thus, by introducing stakeholder pressure as a moderating factor in the relationship between environmental collaboration and responsible innovation, this paper extends the stakeholder management literature beyond the developed markets.…”

Section: Discussionmentioning

confidence: 99%

Environmental collaboration, responsible innovation, and firm performance: The moderating role of stakeholder pressure

Adomako

Tran

2022

Bus Strat Env

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Despite the burgeoning literature on environmental strategy, research is scarce on how environmental collaboration influences responsible innovation. Our study closes this gap by investigating the impact of environmental collaboration on firm performance through the mediating mechanism of responsible innovation. Using data collected from 225 firms, the results show that a firm's level of environmental collaboration influences responsible innovation. The findings also reveal that the impact of environmental collaboration on responsible innovation is greater when stakeholder pressure is higher than when it is low. Finally, we find that the relationship between environmental collaboration on firm performance is mediated by responsible innovation. These findings extend the environmental strategy and responsible innovation research and practice.

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Section: Discussionmentioning

confidence: 99%

Environmental collaboration, responsible innovation, and firm performance: The moderating role of stakeholder pressure

Adomako

Tran

2022

Bus Strat Env

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“…Second, over the course of their tenure at the firm, CEOs gain increasing amounts of firm-specific skills, knowledge, and power, as well as greater insights into the firm's culture, structure, and resources, including those of external parties [46]. Therefore, they will feel more connected to the firm as members, accepting its vision and objectives, and be better positioned to integrate stakeholders, such as government agencies, customers, partners, and other global activist groups to gain access to external opportunities [47,48]. Third, since CSR creates long-term benefits to firms [6], CEOs with longer tenure can develop more bridging social capital [47].…”

Section: Ceo Tenure and Corporate Social Responsibility Reportingmentioning

confidence: 99%

CEO Characteristics, Family Ownership and Corporate Social Responsibility Reporting: The Case of Saudi Arabia

et al. 2021

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Only a few studies have investigated the association between the characteristics of the chief executive officer (CEO) (i.e., tenure and local or expatriate) and corporate social responsibility (CSR) reporting. Our study adds to the fledgling literature by providing new evidence from Saudi Arabia. Given the dominance of family control among Saudi Arabian listed firms, additionally, this study examined the moderating effect of family ownership on the CEO-CSR relationship. Using CSR scores from Bloomberg database from 2010 to 2019 and ordinary least squares (OLS) regression, the findings reveal that the association between CEO tenure and CSR reporting is positively significant; however, the association between CEO nationality and CSR is not significant. In addition, the findings indicate that family ownership is an important contingency factor that explains the association between CEO tenure and CEO nationality, and CSR reporting. Our study contributes to an emerging line of CSR research that investigates the effects of foreign CEOs on CSR transparency, and supports prior evidence on the benefits to investors of having long-serving CEO and the costs of family entrenchment.

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“…Pressure from stakeholders—parties that can affect or be affected by a firms' activities (Freeman, 1999)—is considered to be a crucial motivation for firms to protect the natural environment from the negative impacts of their activities (Shubham et al, 2018; Tran & Adomako, 2021). The stakeholder approach to strategic management suggests that organizations may adopt pro‐environmental practices to strategically respond to their stakeholders' expectations by formulating and implementing processes that satisfy their demands (Freeman, 2010; Wood et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Stakeholder pressure for eco‐friendly practices, international orientation, and eco‐innovation: A study of small and medium‐sized enterprises in Vietnam

Nguyen

Adomako

2021

Corp Soc Responsibility Env

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The literature on stakeholder management suggests that involving stakeholders in the decision-making process of firms is an ethical requirement and a valuable strategic resource for businesses to derive competitive advantage. However, the extent to which stakeholder pressure influences eco-product innovation lacks theoretical clarity. This article extends the eco-innovation literature by investigating the role of stakeholder pressure on eco-innovation through the mediating mechanism of environmental commitment. In addition, it examines the moderating impact of international orientation on the environment commitment-eco-innovation nexus. The results from a sample of 255 Vietnamese small and medium-sized enterprises (SMEs) indicate that the influence of both primary and secondary stakeholder pressure on eco-innovation is mediated by environmental commitment. In addition, the positive relationship between environmental commitment and eco-innovation increases with a firm's level of international orientation. The findings provide a nuanced understanding of the role of stakeholder in eco-innovation.

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How CEO social capital drives corporate social performance: The roles of stakeholders, and CEO tenure

Cited by 35 publications

References 104 publications

Environmental collaboration, responsible innovation, and firm performance: The moderating role of stakeholder pressure

Environmental collaboration, responsible innovation, and firm performance: The moderating role of stakeholder pressure

CEO Characteristics, Family Ownership and Corporate Social Responsibility Reporting: The Case of Saudi Arabia

Stakeholder pressure for eco‐friendly practices, international orientation, and eco‐innovation: A study of small and medium‐sized enterprises in Vietnam

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