Advancing Business Ethical Standards: Unpacking the Synergistic Influence of Governance Structures and CSR Engagement on Corporate Integrity in BRICS Countries

Corporate Social Responsibility and Environmental Management, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 30, 2025

ABSTRACT In a global business environment where ethical lapses increasingly undermine corporate credibility, can enhanced governance mechanisms and CSR engagement drive behavior? This study explores the intricate relationship between attributes Business Ethical Practices (BEP), examining how moderates this across 386 manufacturing firms in BRICS countries from 2010 to 2022. Grounded Stakeholder Agency Theories, research investigates three core strands: diversity, structural, process attributes. Using Generalized Method of Moments (GMM) estimator, findings reveal that gender diversity age positively influence BEP, while national has negative association, raising concerns about alignment foreign board members with local standards. Board independence size significantly enhance practices, CEO duality negatively affects emphasizing importance independent oversight. Among attributes, meetings tenure contribute meeting attendance shows suggesting mere presence without meaningful participation may not guarantee outcomes. Notably, amplifies positive effects mitigates influences, reinforcing its critical role as enhancer. Heterogeneity analyses types (Job Shop, Batch, Continuous Process, Mass Production) confirmed consistency these findings. Furthermore, robustness tests, including cluster analysis, sensitivity endogeneity controls, validated reliability results. The provides targeted policy recommendations advocating for stronger mandates, deeper integration, training, practical implications emphasize comprehensive frameworks long‐term sustainability.

Language: Английский

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Empowering Sustainable Production: Firm Governance, Finance Strategies, and Tech‐Innovation in Advancing Circular Economy for SDG 12 in the US, China and Japan

Sustainable Development, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 27, 2025

ABSTRACT In an era where sustainability has transitioned from being optional to essential, how can firms transform governance and financing strategies lead the transition toward a circular economy (CE)? This study makes vital contribution evolving fields of CE, sustainability, corporate by investigating dynamic interplay between firm structures (FGS), (FS), technological innovation (TI) in enhancing CE performance across US, China, Japan. Grounded Resource‐Based View Agency Theory, examines four critical dimensions: leadership, composition, diversity, structure alongside debt equity strategies. To ensure methodological rigor, panel models Generalized Method Moments (GMM) estimator are employed, complemented instrumental variable approaches. Drawing on comprehensive dataset 461 2000 2022, findings reveal significant regional disparities FGS FS influence performance, with TI emerging as pivotal moderating factor. The further highlights heterogeneous effects ownership types Low‐CE High‐CE performers, emphasizing importance contextual institutional factors adoption. These robust findings, validated through extensive endogeneity sensitivity tests, offer actionable insights for policymakers, leaders, practitioners, stressing need innovative reforms, strategic mechanisms, technology‐driven solutions accelerate global sustainable model.

Language: Английский

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Innovating for a Greener Future: Do Digital Transformation and Innovation Capacity Drive Enterprise Green Total Factor Productivity in the Knowledge Economy?

Journal of the Knowledge Economy, Journal Year: 2025, Volume and Issue: unknown

Published: March 6, 2025

Language: Английский

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Realizing Green Growth in Belt and Road Initiative Economies: The Roles of Financial Support, Renewable Energy, and Eco-Footprint Dynamics

Journal of the Knowledge Economy, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 24, 2025

Language: Английский

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Firms and the path to circular economy: unveiling the impact of ownership dynamics and innovation capacity through advanced econometric and quantile regression analysis

Cogent Business & Management, Journal Year: 2025, Volume and Issue: 12(1)

Published: March 28, 2025

Language: Английский

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Investing for a greener future: unpacking the dual impact of FDI on carbon emissions and the transformative role of renewable energy

SN Business & Economics, Journal Year: 2024, Volume and Issue: 5(1)

Published: Dec. 30, 2024

Language: Английский

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Enhancing Environmental Quality through Board Dynamics: The Role of Environmental Regulations in Advancing Circular Economy in the SSA Region

Circular Economy and Sustainability, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 12, 2025

Language: Английский

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Saving the Environment in Emerging Markets: The Synergistic Roles of Corporate Ownership Structure, Financing Strategy, and Innovation Capacity

Business Strategy and the Environment, Journal Year: 2025, Volume and Issue: unknown

Published: March 12, 2025

ABSTRACT As global environmental challenges intensify and stakeholder pressure mounts, the imperative for companies, particularly in emerging markets, to adopt sustainable practices has become increasingly critical. Addressing a gap literature, this study examines impact of ownership structure (OS) financing strategy (FS) on footprint disclosure (EFD) among energy sector firms Middle East North Africa (MENA) region, while also considering moderating role innovation capacity. Drawing resource‐based view, signaling, theories, analyzes panel data from 384 spanning 2010 2023. To address potential endogeneity issues, employs difference GMM modeling mititgate issues. Additionally, MMQR approach is applied capture heterogeneous effects across varying levels EFD practices. The findings reveal that concentrated state significantly enhance EFD, managerial exerts negative influence. Firms relying equity demonstrate higher compared those debt. Moreover, capacity not only directly impacts but amplifies influence OS FS EFD. Notably, remain robust after employing various econometric techniques, including DiD, 2SLS, DCCE, PSM. These results suggest encouraging ownership, alongside financing, can drive improved transparency within MENA firms. This underscores strategic strengthening offering valuable guidance policymakers industry leaders decisions foster development responsibility.

Language: Английский

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Transition Toward a Sustainable Circular Economy: A Perspective on Green Innovation and Governance Policy Using a Novel MMQR Approach

Sustainable Development, Journal Year: 2025, Volume and Issue: unknown

Published: March 14, 2025

ABSTRACT As global sustainability challenges intensify, the transition to circular economy (CE) practices has become a critical strategy for businesses seeking align with Sustainable Development Goals, particularly SDG 12. In emerging markets, understanding key drivers behind successful CE adoption is vital fostering sustainable growth. This study investigates how RET influence of in manufacturing firms across MENA region, focus on moderating roles green innovation and governance policy. Drawing insights from resource‐based view, dynamic capabilities, stakeholder theories, constructs models linking returnee directors (RET) adoption. Using panel dataset 5302 firm‐year observations, employs advanced econometric techniques, including MMQR GMM modeling, while addressing endogeneity through IV‐2SLS, lagged effects, PSM estimations. The findings reveal that significantly enhance lower, middle upper quantiles. Green not only directly promotes adoption, but also amplify positive practices. Additionally, robust policies strengthen relationship between practices, at higher quantiles, underscoring importance institutional frameworks sustainability. highlights pivotal role advancing offers practical policymakers business leaders aiming goals. By integrating effective mechanisms, this research provides strategic roadmap accelerating markets.

Language: Английский

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Driving Circular Economy Strategies for Sustainable Development: The Role of Board Capital and Innovation Capacity in Emerging Markets

Business Strategy and the Environment, Journal Year: 2025, Volume and Issue: unknown

Published: March 24, 2025

ABSTRACT The transition to a circular economy ( CE ) is necessary for achieving sustainable development, yet research on governance mechanisms that drive strategies remains limited. This study bridges this gap and significantly advances studies , board governance, innovation, sustainability by assessing the critical function of capital in driving within manufacturing companies emerging economies, specifically Middle East North Africa (MENA) area. Drawing agency theory resource‐based theory, develops models assess influence human social strategies, with innovation capacity as key moderating factor. Using panel data from 268 firms between 2010 2022 employing dynamic generalized method moments (GMM) technique, outcome reveal both positively strategies. Notably, not only enhances directly but also amplifies impact capital, underscoring synergistic connection sustainability. highlights substantial heterogeneity effect across MENA region. These findings remain robust after conducting several robustness diagnostic tests. For firms, emphasizes need invest building diverse, skilled, well‐connected capable leading policymakers, it importance creating frameworks strengthen foster ecosystems, enabling boards promote adoption

Language: Английский

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