Influence of maturity on corporate social responsibility and sustainable innovation in business performance

The purpose of this article is to shed light on how the blockchain technology can lead to the creation of new sustainable business models (SBMs). The literature highlights the need to merge the sustainability perspective into business models, creating new SBMs. Using a case study methodology, the paper investigates how the blockchain can foster the creation of SBMs, thus exploring the following Research Question (RQ): How can blockchain facilitate the development of new SBM? The case represents an example of an SBM merging more theoretical definitions. The unique features of the blockchain foster inclusivity even in traditional sectors, allowing widespread distribution of the benefits for the community with a long‐term orientation. Consequently, our study provides systematized evidence of how the blockchain can foster financial and social sustainability. This manuscript adds to the state‐of‐the‐art literature on the application of emerging technologies to organizational sustainability by shedding light on real business case evidence.

Section: Literature Review and Research Questionmentioning

confidence: 99%

Crypto‐economy and new sustainable business models: Reflections and projections using a case study analysis

Massaro

Mas

Jabbour

et al. 2020

“…Though the multidimensional nature of CSR has been acknowledged, most empirical research on CSR does not consider the interactions between the CSR dimensions, which requires both theoretical and empirical exploration. Lastly, the present research also makes an empirical contribution by using longitudinal instead of cross‐sectional data, the latter of which have been used extensively in previous studies; for example, García‐Piqueres and García‐Ramos (2020) and Bacinello, Tontini, and Alberton (2020). These longitudinal data can help address unchanged firm‐level characteristics and help overcome the bias that results from over‐reporting by participants (Berrone, Fosfuri, Gelabert, & Gomez‐Mejia, 2013).…”

Section: Introductionmentioning

confidence: 99%

Corporate social responsibility and eco‐innovation: The triple bottom line perspective

Pan

Sinha

Chen

2020

109

This article investigates the role of corporate social responsibility (CSR) in eco‐innovation from the triple bottom line perspective. We unpack CSR into three dimensions (financial, social, and environmental) and categorise eco‐innovation into two kinds (pollution prevention and sustainable environmental innovation) to get a comprehensive picture of the relationship. Drawing on the resource‐based view, we suggest that the environmental dimension of CSR is positively related to pollution prevention because the returns on this kind of innovation are more predictable and straightforward, which appeals to firms. We also suggest that there is a U‐shaped relationship between the environmental dimension of CSR and sustainable environmental innovation, as this kind of innovation can only be realised when environmental commitments are high. Moreover, we expect the social and financial dimensions of CSR to interact with the environmental dimension to affect eco‐innovation. Using Chinese firm data from 2011 to 2015, we find that the social and financial dimensions of CSR have a positive moderating effect on sustainable environmental innovation. However, we fail to find support for their moderating effect on pollution prevention. Theoretical and practical implications, based on the findings, are discussed.

“…Over the last decades, the concept of corporate social responsibility (CSR) has been widely spread throughout the world (i.e., Bacinello, Tontini, & Alberton, 2020; Luke, 2013; Moon, 2007). In a broader sense, its aim is twofold: the first one is to examine the role of business in society, and the second one is to reach the highest contribution of the business activity to the society as a whole.…”

Section: Introductionmentioning

confidence: 99%

CSR and branding in emerging economies: The effect of incomes and education

Cambra‐Fierro

Flores‐Hernández

Pérez³

et al. 2020

Sustainable development is a fundamental objective for guaranteeing the future of the planet. Taking into account the impact of emerging economies on the global economy and the scarcity of papers that have considered the effect of CSR initiatives on consumer behavior on those economies, it seems that further research on this issue is necessary. In particular, we analyze the extent to which CSR affects the connection and links of the consumer to the brand (i.e., self-brand connection, brand engagement). The main contribution of the paper to the field is the analysis of the interaction between CSR and branding in the context of an emerging economy. To that aim, and also in a novel way, we use the Stimuli-Organism-Response (SOR) model for a sample of more than 400 food and beverage consumers in Metropolitan Lima, Peru. Our results show that CSR effectively acts as a stimulus for consumers to identify and link to brands and that, in addition, these links generate buy-back (i.e., loyalty) and recommendation behaviors (i.e., WOM) which, in turn, create a great commercial value for companies. This research also analyses how incomes and educational levels moderate the intensity of such links. For practical implications, global trends in managing CSR and branding may be useful, although some cross-cultural and context-specific adaptations are necessary.