Sustainable Business Strategies: What You Think Is What You Do?

Pereira, Eduarda; Loureiro, Isabel F.; Ribeiro, Páulo; Costa, Sandra; Costa, Nélson; Arezes, Pedro

doi:10.1007/978-3-030-14730-3_78

Cited by 6 publications

(5 citation statements)

References 15 publications

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“…In addition, Mekcan can also profit in terms of financial and environmental security. The indicators of business sustainability from the environmental aspect are considerations related to energy used, emissions that can cause pollution, environmental hazards, and water use [15].…”

Section: Environmental Aspectmentioning

confidence: 99%

Sustainability of Small and Medium Enterprises of Banana Processed Products Based on Economic, Social and Environmental Impacts

Prasetyo,

Sumekar,

Prima

et al. 2024

IOP Conf. Ser.: Earth Environ. Sci.

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This study aimed to study the sustainability of SMEs of banana processing products based on economic, social, and environmental impacts using the Triple Bottom Line concept. This study used a case study approach; the number of respondents was 160 from Mekarsari SMEs. The results show that all processed banana products are feasible because the R/C ratio value is more than 1. The added value produced by the four products is high because the added value ratio of the four products is above 40%. Business sustainability is assessed from the Triple Bottom Line aspect. The economic aspect has shown the sustainability of its business economically, as seen from the increase in sales. The social aspect of Mekarsari SMEs can create new jobs by empowering the community. The environmental aspect shows that Mekarsari SMEs can produce innovations by managing their product waste. The banana processing products in the Mekarsari SMEs are sustainable based on economic, social, and environmental aspects.

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Section: Environmental Aspectmentioning

confidence: 99%

Sustainability of Small and Medium Enterprises of Banana Processed Products Based on Economic, Social and Environmental Impacts

Prasetyo,

Sumekar,

Prima

et al. 2024

IOP Conf. Ser.: Earth Environ. Sci.

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“…Moreover, sustainability, has created a new competitive business landscape (Pereira et al. , 2019) and, in present times, firms are committed to sustainability as business success is highly determined by this new trend (Lloret, 2016).…”

Section: Introductionmentioning

confidence: 99%

TBL dominant logic for sustainability in oriental businesses

Lee

Lin

Chen

et al. 2022

MIP

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PurposeThis paper aims to examine the common denominators of measurement properties of a Triple Bottom Line (TBL) dominant logic for business sustainability through time and across business contexts.Design/methodology/approachThe method was based on a quantitative approach and a questionnaire survey in corporate Taiwan with a response rate of 68.5%.FindingsThis article uncovers and fortifies common denominators through time between oriental and occidental business contexts.Practical implicationsThe framework of TBL dominant logic for business sustainability establishes a toolbox for practitioners to examine economic, social and environmental elements as the marketing strategy in connection with business sustainability.Social implicationsThis enables to validate the framework of TBL dominant logic for business sustainability in previous research. Multiple dimensions are validated through time and across business contexts.Originality/valueThis study contributes to existing theory and previous research by fortifying the framework of TBL-dominant logic for business sustainability. The twenty-dimensional framework demonstrates universal measurement properties through time and across oriental and occidental business contexts.

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“…These literature note that the recession of industry and declining firm performance are the main driving factors in firms' business transformation and that corporate business transformation is an adjustment reaction to industrial recessions or product decline based on long-term considerations (Kohnová et al, 2019). Pereira et al (2019) pointed out that the timely transformation of a core business is a wise choice when an industry can no longer provide enough space for the enterprise to grow. However, in reality, not all enterprises are in declining industries or failing drastically before the transformation, and many blue-chip companies with room to grow are also keen on business transformation.…”

Section: Introductionmentioning

confidence: 99%

Managerial Cognitive Bias, Business Transformation, and Firm Performance: Evidence From China

Wang

Yang

et al. 2021

Sage Open

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Business transformation has become an important way of sustainable development of enterprises. However, the transformation performance is not ideal. Using data from Chinese listed companies from 2001 to 2016, this article employs the Heckman selection model to explore the impact of managerial cognitive bias on transformation strategy and firm performance. The results demonstrate that managerial cognitive bias plays an important role in inducing business transformation. The higher the degree of managerial overconfidence and overoptimism, the more the enterprise will tend to implement business transformation. An important contribution of the article is that it reveals the significant difference between overconfidence and overoptimism: The more overconfident the managers are, the more likely they are to adopt both internal cultivation and mergers and acquisitions (M&A) to realize firm business transformation, whereas the more overoptimistic the managers are, the more likely they are to adopt M&A rather than internal cultivation to realize firm business transformation. Furthermore, business transformation conducted by overconfident managers helps improve firm financial performance and market value, while transformation conducted by overoptimistic managers helps reduce both.

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Sustainable Business Strategies: What You Think Is What You Do?

Cited by 6 publications

References 15 publications

Sustainability of Small and Medium Enterprises of Banana Processed Products Based on Economic, Social and Environmental Impacts

Sustainability of Small and Medium Enterprises of Banana Processed Products Based on Economic, Social and Environmental Impacts

TBL dominant logic for sustainability in oriental businesses

Managerial Cognitive Bias, Business Transformation, and Firm Performance: Evidence From China

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