A two-dimensional, two-level framework for achieving corporate sustainable development : assessing the return on sustainability initiatives

Wu, L. and Subramanian, N. and Gunasekaran, A. and Pawar, K. and Doran, D. (2018) A two-dimensional, two-level framework for achieving corporate sustainable development : assessing the return on sustainability initiatives. Business Strategy and the Environment, 27 (8). pp. 1117-1130. ISSN 1099-0836

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Abstract

Sustainability studies in operations management have reported the positive effects of lean, green, and social management systems on various dimensions of a firm’s sustainability performance. However, despite its high importance and relevance, the time dimension of sustainability has not been systematically considered. This paper re-categorizes the well-identified sustainability initiatives based on a time dimension and empirically validates the categorization. Structural equation modeling (SEM) analyses were performed using data collected from 284 Chinese automotive firms. The results suggest that various lean and reactive green practices can be categorized as “short-term sustainability initiatives” because the effects of implementing these practices can be seen in a short period of time. Specifically, the benefits of implementing short-term sustainability initiatives can be further strengthened and reinforced in the long run by implementing corporate social responsibility CSR) practices. In addition, our findings also demonstrate that to fully realize the potential associated with CSR practices, firms need to be long-term oriented and adopt a wait and watch approach.

Item Type: Article
Additional Information: This is the peer reviewed version of the following article, which has been published in final form at https://onlinelibrary.wiley.com/doi/abs/10.1002/bse.2055. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.
Keywords: Sustainability/sustainable development, sustainability performance measurement, structural equationmodeling (SEM)
Schools/Departments: University of Nottingham, UK > Faculty of Social Sciences > Nottingham University Business School
Identification Number: https://doi.org/10.1002/bse.2055
Depositing User: Eprints, Support
Date Deposited: 02 May 2018 10:38
Last Modified: 06 Apr 2020 04:30
URI: http://eprints.nottingham.ac.uk/id/eprint/51524

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