Corporate sustainability strategies in institutional adversity : antecedent, outcome, and contingency effects

Show simple item record Nwoba, Arinze Christian Boso, Nathaniel Robson, Matthew J. 2021-03-25T07:53:26Z 2021-03-25T07:53:26Z 2021-02
dc.description.abstract This study examines (i) how top-level managerial institutional ties drive corporate sustainability strategies of emerging market firms operating under conditions of institutional adversity; (ii) the impact of corporate sustainability strategies on market performance; and (iii) the moderating role of financial resource slack on the relationships between corporate sustainability strategies and market performance. The study builds from institutional development logic and the structure–conduct–performance paradigm. Primary data are collected from 300 firms operating in a major sub-Saharan African market. Findings show that top-level managerial institutional linkages with regulatory national governmental officials, local community leaders, and top managers at other firms drive corporate proactive and responsive sustainability strategies, which in turn influence market performance. In addition, the findings reveal that financial resource slack strengthens the path between corporate proactive sustainability strategies and market performance, but not the path between corporate responsive sustainability strategies and market performance. Theoretical and practical implications are discussed. en_ZA
dc.description.department Gordon Institute of Business Science (GIBS) en_ZA
dc.description.librarian pm2021 en_ZA
dc.description.uri en_ZA
dc.identifier.citation Nwoba AC, Boso N, Robson MJ. Corporate sustainability strategies in institutional adversity: antecedent, outcome, and contingency effects. Business Strategy and the Environment 2021;30:787–807. en_ZA
dc.identifier.issn 0964-4733 (print)
dc.identifier.issn 1099-0836 (online)
dc.identifier.other 10.1002/bse.2654
dc.language.iso en en_ZA
dc.publisher Wiley en_ZA
dc.rights © 2020 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License. en_ZA
dc.subject Financial resource slack en_ZA
dc.subject Institutional development logic en_ZA
dc.subject Managerial institutional ties en_ZA
dc.subject Market performance en_ZA
dc.subject Structure– conduct–performance paradigm en_ZA
dc.subject Corporate proactive strategy en_ZA
dc.subject Responsive sustainability strategy en_ZA
dc.title Corporate sustainability strategies in institutional adversity : antecedent, outcome, and contingency effects en_ZA
dc.type Article en_ZA

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