“…For example, recent studies conducted in sub‐Saharan Africa revealed that financial resource slack negatively relates to sustainability expenditure (Boso et al, 2017; Julian & Ofori‐Dankwa, 2013). Conversely, studies conducted in advanced economies proved otherwise (Leyva‐de la Hiz, Ferron‐Vilchez, & Aragon‐Correa, 2019; Shahzad, Mousa, & Sharfman, 2016). These results show that the relationship between slack and environmental performance is more complex than previously understood.…”