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dc.contributor.authorPark, Sang-Bum
dc.date.accessioned2023-01-14T16:49:01Z
dc.date.accessioned2023-01-31T12:05:42Z
dc.date.available2023-01-14T16:49:01Z
dc.date.available2023-01-31T12:05:42Z
dc.date.issued2023-02
dc.identifier.citationPark S-B (2023) Bringing strategy back in: Corporate sustainability and firm performance. Journal of Cleaner Production. 388: 136012en_US
dc.identifier.urihttp://hdl.handle.net/10454/19311
dc.descriptionYes
dc.description.abstractDespite the importance of firms' strategy in corporate sustainability (CS), insufficient research has focused on the role of business strategy in the relationship between CS and firm performance. Focusing on generic business strategy, this study examines when and under what conditions CS relates to firm performance. The main argument is that the effects of CS on firm performance are contingent on the firm's business strategy. The findings present that CS strengths are positively related to firm performance when firms pursue a differentiation strategy. Meanwhile, CS concerns are negatively associated with firm performance when firms operate with a differentiation strategy. Empirical evidence is obtained from a sample of U.S. firms and fixed effects panel regression models, which controls for unobservable time-invariant factors that are correlated with covariates. This study contributes to the literature on CS and firm performance by suggesting business strategy as an important moderating condition in the CS-firm performance link.en_US
dc.language.isoenen_US
dc.publisherElsevier
dc.rights© 2023 Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/)en_US
dc.subjectCorporate sustainability
dc.subjectCorporate social responsibility
dc.subjectBusiness strategy
dc.subjectDifferentiation
dc.subjectCost leadership
dc.subjectFirm performance
dc.titleBringing strategy back in: Corporate sustainability and firm performanceen_US
dc.status.refereedYes
dc.date.Accepted11/01/2023
dc.date.application11/01/2023
dc.typeArticle
dc.type.versionPublished version
dc.identifier.doihttps://doi.org/10.1016/j.jclepro.2023.136012
dc.rights.licenseCC-BYen_US
dc.date.updated2023-01-14T16:49:03Z
refterms.dateFOA2023-01-31T12:07:12Z
dc.openaccess.statusopenAccess


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