Pro-Environmental Change and Short- to Mid-Term Economic Performance

Torres, Pilar Rivera; Garcés‐Ayerbe, Concepción; Scarpellini, Sabina; Valero-Gil, Jesús

doi:10.1177/1086026615603867

Cited by 24 publications

(27 citation statements)

References 102 publications

(169 reference statements)

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“…The focal respondents were managers in charge of these investments or, failing that, the firms' managers because their linkage with eco-innovation implementation has been SAMPJ demonstrated by Marín-Vinuesa et al (2018) and by Rivera-Torres et al (2015) who empirically demonstrate the impact of the environmental concerns on internal organization. Thus, managers were considered as adequate to collect information about the investments of companies and their perception because of their knowledge, experience and expertise (Oduro and Haylemariam, 2019).…”

Section: Methodology and Sample Description 31 Sample And Data Collementioning

confidence: 99%

Dynamic capabilities and environmental accounting for the circular economy in businesses

Scarpellini¹,

Marín-Vinuesa²,

Aranda‐Usón³

et al. 2020

SAMPJ

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168

124

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Purpose This paper aims to define and measure the environmental capabilities that are applied when the circular economy (CE) is introduced in businesses. Founded on the dynamic capabilities theoretical approach, the study analyzes different environmental competences that firms apply during this process. Environmental management systems, corporate social responsibility, reporting and accountability and other environmental accounting practices are studied in the same analytical framework used to study the environmental capabilities that influence the circular scope (CS) of firms. This study contributes to bridging the gap between academic research focused on environmental accounting and that investigating the introduction of the CE in businesses. Design/methodology/approach The results were obtained by using partial least squares structural equation modeling to analyze the relationship between environmental capabilities for the CE and the CS achieved by a sample of Spanish firms with more than 50 employees that expressed interest in the CE, eco-design, eco-innovation and other environmental issues. Findings Based on an analysis using the dynamic capabilities theoretical approach, the results suggest a positive relationship between the CS of firms, their environmental accounting practices and their level of corporate social responsibility (CSR) and accountability. Stakeholders’ pressure – which has a mediating effect on the CS of firms – is also analyzed, adding new insights to recent studies of this topic at the micro-level. The authors also explore whether the CS of businesses, which is related to the degree of their development of capabilities, influences environmental and financial performance. Practical implications The new insights obtained in this study can help overcome the limitations of conventional accounting approaches and incorporates a much broader scale of environmental information that can be applied to CE practices. These results also offer insights to practitioners regarding the internal measurement processes related to the CE and regarding CSR in particular for small and medium enterprises, because these metrics can be partially applied depending on the practices introduced in each firm. For policymakers, a better understanding of the CE’s introduction into businesses will contribute to the design of policies that can enhance its deployment, for example, by providing tools that set up regional priorities depending on the CE-related practices adopted by the firms located in the territory. Social implications A CE involves the transformation of a linear economic model into a circular one to reduce dependence on raw materials and energy and to reduce the environmental impact of production and consumption. Understanding how to manage the specific competences that integrate capabilities applied to the CE will allow firms to improve their social and environmental reporting. In addition, other social implications of this study relate to improving relationships with consumers and stakeholders and to the practice of social corporate sustainability. Originality/value This study goes beyond previous research on the CE to extend the authors’ knowledge about its adoption at the micro-level by taking a transversal approach, as its subject spans the fields of environmental accounting and the CE while addressing both in a framework of analysis. The analysis of the accounting concerns of the CE in businesses and the study of concerns related to endogenous environmental competences are quite original under the theoretical framework of dynamic capabilities, and this study is a first step in an incipient line of inquiry.

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Section: Methodology and Sample Description 31 Sample And Data Collementioning

confidence: 99%

Dynamic capabilities and environmental accounting for the circular economy in businesses

Scarpellini¹,

Marín-Vinuesa²,

Aranda‐Usón³

et al. 2020

SAMPJ

Self Cite

168

124

View full text Add to dashboard Cite

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“…Aragon-Correa and Sharma, 2003;Bansal, 2005;Russo, 2009). Also, much of this knowledge focused on providing empirical evidence for some of these competitive advantages, analysing how economic performance can be improved through pollution reduction (Guenster et al, 2011;King and Lenox, 2002;Klassen and Whybark, 1999), more advanced proactive environmental practices (Aragón-Correa et al, 2008;de Burgos-Jiménez et al, 2013;Rivera-Torres et al, 2015), environmental management systems (Christmann, 2000) or green innovation (Chen et al, 2006).…”

Section: Does Pro-environmental Change Pay?mentioning

confidence: 99%

“…According to the literature, the likelihood of a winwin situation, in which both environmental and economic results improve, depends on how sustainable business model are designed. Specifically, the degree of proactivity of the environmental strategy implemented in the company conditions the possibility of obtaining economic benefits (Albertini, 2013;Rivera-Torres et al, 2015).…”

Section: Introductionmentioning

confidence: 99%

Analysis of the generation of economic results in the different phases of the pro-environmental change process

Scarpellini

Valero-Gil

Torres

et al. 2017

Journal of Cleaner Production

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“…Companies keep on doing business assuming and applying environmental commitment in various ways. Over the last few years, environmental proactivity has become a goal for many companies (Aragón- Correa & Rubio-López, 2007;Rivera-Torres et al, 2015;Sharma, 2001), with different implementing manners tagged as green economy, circular economy (Witjes & Lozano, 2016) or eco-innovation (Garcés Ayerbe et al, 2016; Sarkar, 2013;Valero-Gil et al, 2017), among others.…”

Section: Introductionmentioning

confidence: 99%

Divulgación ambiental y la interrelación de la ecoinnovación. El caso de las empresas españolas

Fondevila

Abadía

Scarpellini

2019

RC-SAR

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The actual drivers of companies’ environmental disclosure have been widely studied and yet with no conclusive results. Most literature looks for the link between environmental performance and environmental disclosure, as reflection of the company instrumental or normative approach to sustainability. However, over the last decade, a growing number of companies are joining the ranks of eco-innovation, focusing their strategy on environmental innovation, and paving the way for new approaches to environmental disclosure. The main objective of this paper is to assess if eco-innovation in companies can be acting as a non-intended driver to disclosure of environmental reporting, in connection to the Resources Based View theory, and the search for competitive advantage. An extensive research has been undertaken with Spanish eco-innovative companies, evaluating their environmental disclosure standards from a two-fold perspective: managers’ perception and public available environmental reporting. The findings bring in interesting implications about the mismatch between managers’ perception of their environmental disclosure and accounting standards, and the actual disclosure of environmental reporting made available to their stakeholders. Within the studied sample, eco-innovation appears to be a driver for environmental disclosure from an inside-out approach encompassed in the RBV theory, where environmental information is primarily meant for managerial purposes and only secondarily to inform stakeholders. Los impulsores reales de la divulgación ambiental de las empresas han sido ampliamente estudiados y, sin embargo, sin resultados concluyentes. La mayoría de la literatura busca el vínculo entre el desempeño ambiental y la divulgación ambiental, como reflejo del enfoque instrumental o normativo de la compañía hacia la sostenibilidad. Sin embargo, durante la última década, un número creciente de compañías se están uniendo a las filas de la ecoinnovación, enfocando su estrategia en la innovación ambiental y allanando el camino para nuevos enfoques para la divulgación ambiental. El objetivo principal de este documento es evaluar si la ecoinnovación en las empresas puede actuar como un impulsor no intencionado de la divulgación de informes ambientales, en relación con la teoría de la Vista basada en los recursos y la búsqueda de una ventaja competitiva. Se ha llevado a cabo una extensa investigación con empresas ecoinnovadoras españolas, evaluando sus estándares de divulgación ambiental desde una doble perspectiva: la percepción de los administradores y la información ambiental disponible al público. Los hallazgos traen implicaciones interesantes sobre el desajuste entre la percepción de los gerentes sobre su divulgación ambiental y sus normas contables, y la divulgación real de los informes ambientales puestos a disposición de sus partes interesadas. Dentro de la muestra estudiada, la ecoinnovación parece ser un impulsor para la divulgación ambiental desde un enfoque integral incluido en la teoría de la RBV, donde la información ambiental se destina principalmente a fines administrativos y solo de manera secundaria a informar a los interesados.

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Pro-Environmental Change and Short- to Mid-Term Economic Performance

Cited by 24 publications

References 102 publications

Dynamic capabilities and environmental accounting for the circular economy in businesses

Dynamic capabilities and environmental accounting for the circular economy in businesses

Analysis of the generation of economic results in the different phases of the pro-environmental change process

Divulgación ambiental y la interrelación de la ecoinnovación. El caso de las empresas españolas

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