scholarly journals Relationship between Sustainable Disclosure and Performance—An Extension of Ullmann’s Model

2019 ◽  
Vol 11 (16) ◽  
pp. 4411
Author(s):  
María Luisa Pajuelo Moreno ◽  
Teresa Duarte-Atoche

Due to the lack of consensus on the Sustainable Disclosure (SD)–Sustainable Performance (SP) relationship and the absence of a robust theoretical framework base, this research tests this relationship. Based on Ullmann’s argument that the execution of corporate responsibility regarding SD, SP and EP (economic performance) is determined by the management’s (unobservable) overall strategy, we apply Partial Least Squares, introducing EP, size and membership in sensitive sectors and subjecting them to a multiplicity of external pressures (social, environmental and legislative) as determinants of the SD–SP link. There is a moderate SD–SP relationship, with a significant effect due to EP and conditioned by size. Specifically, (1) the companies that are concerned and which act sustainably have a higher SD, (2) the greater the EP, the greater its effect on this SD, but (3) when the sample is segmented by size, the moderating effect is only positive and significant for large companies. An awareness of the added value of the sustainable business model exists, more than simply reporting (actions beyond words), but the value that its profitability yields will not be determinant for SP, though it will affect SD, despite there being no direct relationship between performance and SD.

2020 ◽  
Vol 122 (5) ◽  
pp. 1671-1691 ◽  
Author(s):  
Mariantonietta Fiore ◽  
Antonino Galati ◽  
Jarosław Gołębiewski ◽  
Nina Drejerska

PurposeCooperatives play a dominant role in the European dairy sector. The aim of the study is to define a sustainable business model of dairy cooperatives and explore how stakeholders can contribute to innovation processes generated in this ecosystem.Design/methodology/approachStarting from theoretical assumption and investigation of three major cooperatives located in an ecological agricultural Poland region, known also as “Green Lungs of Poland,” the authors propose a sustainable business model where the role stakeholders in the value co-creation is emphasized.FindingsThe findings of this paper show how the involvement of various stakeholders by the cooperatives contributes to the development of innovations that meet customer expectations, thereby concurring to the creation of social, environmental and economic value.Originality/valueThis paper formulates a business model integrating theoretical assumptions from the literature review with empirical evidence by exploring the roles of stakeholders that contribute and incorporate innovation, responsibility and sustainability into the core of activities of cooperatives.


Author(s):  
Katja Schneider ◽  
Marlen Gabriele Arnold

The global textile industry offers huge potentials regarding the transformation towards sustainability. These improvements require a facilitation of business model innovations embedding shifting consumer demands. How can the textile industry drive responsible and sustainable business practices in terms of social sustainability? Tackling this question, a qualitative content-based analysis of current literature conducted highlights main themes and concepts on business model innovations, textile industry, and social sustainability. In addition, an exploratory multiple case study design was used. Results show social sustainability patterns are seldom and often linked to external pressures. This chapter proposes a reorientation towards stronger holistic and inclusive approaches for sustainability and reflects on socio-cultural aspects linked to sustainable textile business models. Progressing sustainability in the textile industry needs both a single consideration of environmental and social issues as well as an integrative and systemic perspective in academia as well as in practice.


Author(s):  
Anna Spoz

In a quest for sources of competitive advantage, an insightful tracking and tracing of the changes that take place in their micro and macro environment is a core competence for enterprises to catch up with market trends. Social and economic changes as well as the growing awareness of the negative anthropogenic impact on the climate and the environment increasingly make today's business models evolve towards sustainability. The aim of this chapter is to analyze the concept of a sustainable business model based on the literature review and then to distinguish the driving and limiting factors behind its implementation in enterprises. Based on an empirical study carried out, a diagnosis will be put forward for the awareness of enterprises as regards the business model pursued and the willingness to integrate social, environmental, and governance aspects. The research methods used in this study relied on critical literature review; descriptive, analytic, and synthetic methods; along with in-depth interviews.


2018 ◽  
Vol 10 (12) ◽  
pp. 4785 ◽  
Author(s):  
María Aguilar-Fernández ◽  
José Otegi-Olaso

Companies innovate towards sustainability because this may allow them to improve both their socio-environmental and economic performance. Firms that lead the way evolve towards a sustainable business model. However, small and large businesses face different challenges. This research therefore analyses the role of firm size in the business model developed towards sustainable innovation. The sample was obtained from the database of companies that make up the Global Reporting Initiative. The projects presented in the reports were seen as vehicles to support sustainable innovation. The method used was quantitative content analysis. The results show that the size of the company influences on how the supply chain and the financial elements of the business model are developed.


2019 ◽  
Vol 11 (10) ◽  
pp. 2959 ◽  
Author(s):  
Sarah Cheah ◽  
Yuen-Ping Ho

In larger cities, we see a rising trend of more people working outside their traditional offices, and engaging in a practice called co-working by sharing office space. The public policy makers of innovation-driven economies, on the other hand, have been availing co-working spaces and related support to promote innovation and entrepreneurship. Despite the growing significance of this area, there has been limited research on the link between coworking and innovation among young firms. This research examines the relationship between coworking space and innovation, particularly business model innovation (BMI) for sustainable performance. Based on an empirical study of 258 young tenant firms operating in 13 coworking spaces in Singapore, we establish that the space creativity of coworking spaces is positively related to the BMI outcome of tenant firms. Tenant firms’ opportunity recognition and exploitation (ORE) process positively mediates the relationship between the space creativity of coworking spaces and the BMI outcome of tenant firms. While the social climate of the coworking space is found to have no direct effect on the BMI outcome of tenant firms, tenant firms’ ORE process positively mediates the relationship between the social climate of coworking spaces and the sustainable BMI outcome of tenant firms.


2019 ◽  
Vol 11 (9) ◽  
pp. 2575 ◽  
Author(s):  
Youjin Jang ◽  
Yonghan Ahn ◽  
Moonseo Park ◽  
Hyun-Soo Lee ◽  
Nahyun Kwon

As the construction business environment becomes ever more competitive and intense, business models are receiving considerable attention as potential sources of sustainable survival and growth. In order to design sustainable business models in today’s global construction market, it is important to understand the business models that would make a construction company achieve higher performance in terms of profitability, growth and market competitiveness. Therefore, this study identifies the business model variables of international construction and statistically analyzes the relationship between business model variables and firm performance guiding 72 international construction companies over a six-year period from 2009 to 2014. We examine the effect of business model variables on firm performance and how different business model variables can lead to different outcomes. The results show that business models play significant roles in determining the performance of international construction companies, with financial resources being a major determinant of profitability and regional diversification a major determinant of revenue growth and market competitiveness. Each business model variable had a different effect on profitability, growth and market competitiveness. This confirms that there are ideal combinations of business model variables that can help firms achieve higher performance. These findings are expected to provide useful guidance to assist executives’ decision making when designing a business model that will enable their firm to thrive in the global marketplace.


Author(s):  
S. Bakici ◽  
B. Erkek ◽  
A. İlbey ◽  
E. Kulaksiz

CORS-TR (TUSAGA-Aktif (Turkish National Permanent GNSS Network – Active)), serves location information at cm level accuracy in Turkey and TR Northern Cyprus in few seconds, where adequate numbers of GNSS satellites are observed and communication possibilities are present. No ground control points and benchmarks are necessary. There are 146 permanent GNSS stations within the CORS-TR System. Station data are transferred online to the main control center located in the Mapping Department of the General Directorate of Land Registry and Cadastre. <br><br> CORS-TR System was established in 2008 and has been updated in software, hardware, communication and pricing areas from technical and administrative point of view in order to improve the system and provide better service to the users. Thus, the added value obtained from the CORS-TR System has been increased and contributed to the more efficient use of country resources. In this paper, how the technical, administrative and financial studies in the operation of the CORS-TR System were managed with a sustainable business model, studies for solving problems encountered in operating of the system, the cost / benefit analysis of the system and the sharing of experience gained from the perspective of how web-based applications are managed and the business model of the CORS-TR System are explained in detail.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bartosz Marcinkowski ◽  
Bartlomiej Gawin

Purpose One of the leading factors that shape product and service delivery are data collected in databases and other repositories maintained by companies. The transformation of such data into knowledge and wisdom may constitute a new source of income. This paper aims to explore how small/medium-sized enterprises (SMEs) advance their business models (BMs) around data to handle data-driven products and how this contributes to their innovativeness and performance. Design/methodology/approach To investigate the phenomenon, the as-is BM of a multinational SME was mapped and its limitations were revealed through a qualitative study. The BM canvas was used. Then the data-driven approach was innovated within the facility management (FM) industry, where a high volume of operational and sensor-based data being collected creates added value in terms of new data-based products. Findings A data-driven business model (DDBM) blueprint for the FM industry that supports the need to complement service-driven operations with the data-driven approach is delivered. Enhanced BM equips a facility manager with additional managerial tools that enable decreasing property utilization costs and opens up new opportunities for generating revenue. This paper drafts the way to evolve from service to data-driven business and point out the attitudes that managers should adopt to promote and implement DDBM. Practical implications The DDBM constitutes a guideline that supports FM organizations in focusing their activities and resources on generating business value from data and monetizing data-driven products. Originality/value The research expands knowledge regarding BMs and their evolution. The gap regarding the DDBM innovation within the FM industry is filled.


Author(s):  
Per-Ola Ulvenblad

Abstract This chapter focuses on the development of sustainable business models for innovation in the Swedish agri-sector. This is important for several reasons. Many of society’s challenges are linked to social, environmental and economic aspects of agriculture, and numerous agri-companies have been reduced to subcontractors with little influence, and are struggling with low profitability. Previous research regarding agri-companies have mainly focused on production and cost-efficiency aspects. Research regarding sustainable innovation and sustainable business models in the agri-sector is limited to date. To fill in this gap, the aim of this chapter is to illustrate and analyse how Swedish agri-companies develop sustainable business models. An integrated theoretical framework combining research regarding sustainability-oriented innovation and sustainable business model archetypes has been developed in order to collect and analyse the eight agri-companies in the study. Swedish agri-companies focus not only on optimization but also on their organizational transformation and systems building when developing sustainable innovation. They have developed diversified business models. A common, important factor is to adopt stewardship roles. Further, the value intention of agri-entrepreneurs is a relevant factor when developing sustainable business models.


2020 ◽  
Vol 109 (165) ◽  
pp. 33-42
Author(s):  
Agnieszka Herdan ◽  
Lorenzo Neri ◽  
Antonella Ruso

Purpose: In recent years, there have been growing concerns regarding the sustainable performance of businesses. The difficulties with companies’ inefficient performance, public pressure on firms, government legislation, and environmental changes force companies to operate more sustainably. Moreover, by not performing more sustainably, companies put themselves at high risk of damaging their reputation and respectability, which subsequently impacts their financial situation. Applying sustainability strategies and becoming more sustainable means that a firm is responsible for its actions and decision in terms of envi-ronmental, economic, and social aspects. Although many scholars agree that there is a relationship between sustainability and financial performance, some propose that sustainability has an insignificant effect on a company’s financial situation is. So, the issue of sustainability and a firm’s economic situation is a topic of significant controversy. Furthermore, some authors emphasize the complexity of verifying the connec-tion between sustainability and the financial situation. For this reason, the aim of this paper is to examine the relationship between sustainability and performance within the UK market. Methodology/approach: This work uses linear regression on a sample of 100 companies listed on the FTSE100 to investigate the relationship between reported CSR and profitability. Findings: The outcome of the research highlights that for the specific year under investigation, sustainability reporting does not have an impact on perfor-mance indicators such as ROE, ROA, or profit margin. Originality/value: The article contributes to the discussion on the relationship between sustainable development and the financial results of enterprises.


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