2019
DOI: 10.1016/j.jclepro.2019.03.345
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The social side of sustainable business models: An explorative analysis of the low-cost airline industry

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Cited by 31 publications
(22 citation statements)
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References 47 publications
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“…The automation system and the absence of middlemen ensure even more savings, which lead to low‐cost premiums. The financial sustainability of the business increases the accessibility of services, fostering inclusivity (Nußholz et al, 2020; Rotondo et al, 2019). The SBM built thanks to the blockchain allows people who could not afford an insurance policy before are now able to buy one.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…The automation system and the absence of middlemen ensure even more savings, which lead to low‐cost premiums. The financial sustainability of the business increases the accessibility of services, fostering inclusivity (Nußholz et al, 2020; Rotondo et al, 2019). The SBM built thanks to the blockchain allows people who could not afford an insurance policy before are now able to buy one.…”
Section: Discussionmentioning
confidence: 99%
“…SBMs can lead to better organizational economic, environmental, and social performance (Bacinello, Tontini, & Alberton, 2020; Evans et al, 2017; Franceschelli, Santoro, Giacosa, & Quaglia, 2019; Hall & Wagner, 2012; Lüdeke‐Freund, 2020). From a social perspective, SBMs may ensure the reduction of prices, allowing products and services to be affordable for a more significant number of people, fostering inclusivity (Nußholz, Rasmussen, Whalen, & Plepys, 2020; Rotondo, Corsi, & Giovanelli, 2019). This may be particularly relevant in developing or poor countries (Bardy, Massaro, & Rubens, 2013), not only to diffuse products and services to unwealthy people but also as a means to create self‐employment opportunities (Mahfuz Ashraf, Razzaque, Liaw, Ray, & Hasan, 2019).…”
Section: Literature Review and Research Questionmentioning
confidence: 99%
“…A socially responsible company works to maximize its profits while addressing other concerns that arise from the firm's social and environmental impacts (Carroll, 2015). Social responsibility is an attribute of the company and does not always materialize in a CSR program (Nosratabadi et al, 2019;Rotondo et al, 2019). It is enough that the company adopts responsible behavior toward society to be recognized as a socially responsible company.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…In its early development stage, the concept of sustainable business models aimed at promoting the issue of sustainability and improving the economy towards more sustainability [21]. Nowadays, sustainable business models are increasingly considered to provide competitive advantages [22,23] and, as a consequence, organizations seek to innovate their business models towards sustainability [4,24]. This development has led to the emergence of different types of sustainable business models [16,25].…”
Section: Theoretical Backgroundmentioning
confidence: 99%