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Article
Publication date: 4 November 2020

Developing a measure of climate strategy proactivity displayed to attain competitive advantage

Nikhil Kant and Neeti Agrawal

This paper aims to develop a scale to measure climate strategy proactivity (CSP) displayed by corporate in developing countries to attain competitive advantage (CA) and…

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Abstract

Purpose

This paper aims to develop a scale to measure climate strategy proactivity (CSP) displayed by corporate in developing countries to attain competitive advantage (CA) and sustain it through sources of sustained competitive advantage (SOSCA). It attempts to derive sound operational definitions of CSP, CA and SOSCA through horizontal analysis of previous studies and discussions with experts and practitioners to construct a measurement scale.

Design/methodology/approach

Research design includes broad stages, namely, item generation, scale development and assessment of psychometric properties of the scale starting with review of literature and discussions with experts and practitioners, which were followed by a pilot and full study carried out through a cross-sectional, self-administered online survey questionnaire and assessment using suitable tools and techniques.

Findings

Findings of the study comprise development of sound operational definitions and construction of a valid and reliable measurement scale of CSP displayed by corporate to attain CA with strong psychometric properties, which is expected to be useful in developing countries not only for researchers and academics but also for the practitioners and organizations.

Research limitations/implications

The information was self-reported by respondents through climate strategy proactivity questionnaire (CSPQ) and consequently can be at risk to have been influenced by bias. Nonetheless, this CSPQ scale devoid of conceptual problems can be used in developing countries in future empirical studies with the caution that its reliability and validity require further tests.

Practical implications

Using the CSPQ scale will help managers in developing countries in enhancing their awareness with the provision of these conceptually clear comprehensive operational definitions of CSP, CA and SOSCA with respect to the conceptual nature and the latent expressions, and draw an extensively enhanced scope of climate-conscious strategy to bring about CA.

Originality/value

With the data collected from a sample representing different stakeholders of Indian companies from across the country, CSPQ scale possesses significant robustness and implicative potential which can contribute to the evolution of the strategic management field by providing a valid and reliable measure of CSP in developing countries applicable under any major theoretical perspective in strategic management serving the needs of not only the empirical research but also of the management practices intended to attain CA.

Details

Competitiveness Review: An International Business Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/CR-06-2020-0079
ISSN: 1059-5422

Keywords

  • CSP
  • Competitive advantage
  • Climate strategy proactivity
  • CSP variable
  • Definition of CSP
  • Measure of CSP
  • Measure development

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Article
Publication date: 9 December 2020

Primary validation of climate strategy proactivity questionnaire scale measuring relationship of climate strategy proactivity with competitive advantage

Nikhil Kant

This study was conducted with the objective of conducting a primary validation of a newly developed climate strategy proactivity questionnaire (CSPQ) scale for evaluating…

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Abstract

Purpose

This study was conducted with the objective of conducting a primary validation of a newly developed climate strategy proactivity questionnaire (CSPQ) scale for evaluating the relationship of climate strategy proactivity displayed by Indian companies with competitive advantage which it intends to attain and sustain through sources of sustained competitive advantage.

Design/methodology/approach

Research design includes an exploratory factor analysis, conducted with a diverse sample of stakeholders of Indian companies, resulting into four internally consistent factors. This was followed by a confirmatory factor analysis with strong model fit estimates which confirmed the initial factor structure and resulted into a new final CSPQ scale. The scale without substituting any existing scale facilitated testing of all but criterion validity.

Findings

Findings mainly comprise the primary validation of the CSPQ scale as psychometrically strong confirming acceptability of all major fit indices.

Research limitations/implications

CSPQ scale designed in the context of Indian companies is expected to make corporations and managers more aware in developing countries to help them draw an extensively enhanced scope of proactive climate strategy while making efforts to attain and sustain competitive advantage. However, the self-reported information collected through a common survey questionnaire might be affected by self-bias. Further, cross-sectional data to validate a new non-substituting scale prevented the researcher from conducting criterion validity test.

Originality/value

Basing the development and validation of the CSPQ scale on the data collected from diverse stakeholders of Indian companies in as diverse a country as India, the scale can demonstrate significant robustness and implicative potential. The scale, by virtue of possessing significant attributes, can add remarkable value to strategic management applicable under any major theoretical perspective. It can serve the requirements of the empirical research and competitive management practices simultaneously.

Details

Management of Environmental Quality: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/MEQ-07-2020-0161
ISSN: 1477-7835

Keywords

  • Climate strategy proactivity (CSP)
  • Competitive advantage
  • CSPQ scale
  • Scale validation
  • Sustained competitive advantage

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Article
Publication date: 23 October 2020

Actions beyond regulatory compliances: perceived climate strategy proactivity in Indian companies

Nikhil Kant

This paper aims to assess the perceptions of stakeholders as regards the practices of Indian companies vis-à-vis climate change seeking underpinnings from stakeholder…

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Abstract

Purpose

This paper aims to assess the perceptions of stakeholders as regards the practices of Indian companies vis-à-vis climate change seeking underpinnings from stakeholder theory and collecting data using a structured questionnaire.

Design/methodology/approach

This paper used a descriptive analytical research design based on the data collected from a diverse sample of stakeholders of Indian companies through a cross-sectional, self-administered online survey questionnaire.

Findings

The study attaching significance to the stakeholders’ perception as a useful tool underscores that Indian companies have started to engage in preventive measures to minimize the externalities of climate crisis taking cognizance of the stakeholders’ interests amidst their increased awareness, also underlining that their perceptions substantially determine climate strategy proactivity (CSP) in their quest of competitive advantage beyond regulatory compliances. The study finds that incessant growth in the stakeholder awareness has not left companies to remain reluctant from analyzing effects and adopting suitable strategies in India also which, as a fast growing developing country, has witnessed immense growth in the post-liberalization era.

Research limitations/implications

This study would help decision-makers in businesses, policymakers, practitioners and standard-setters by providing further insights on the relevance of stakeholders’ perspectives in CSP in the developing countries. Stakeholders’ perceptions though representing varied categories hint that the actions beyond regulatory compliances need to be in focus in future studies.

Originality/value

The paper elaborates the significance of CSP in developing countries to eliminate the impact of inadequacies that previous studies undertook primarily in developed countries have failed in contextualizing these issues of developing countries.

Details

International Journal of Development Issues, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/IJDI-07-2020-0152
ISSN: 1446-8956

Keywords

  • Stakeholders
  • Climate Strategy Proactivity (CSP)
  • Stakeholders Perceptions
  • Sustainable Development

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Article
Publication date: 18 November 2020

An analytical study of stakeholders relevance based on their perceived preference in terms of climate strategy proactivity (CSP)

Nikhil Kant

The purpose of this study is to evaluate empirically the perceptions of the stakeholder regarding their relevance based on their perceived preference in terms of climate…

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Abstract

Purpose

The purpose of this study is to evaluate empirically the perceptions of the stakeholder regarding their relevance based on their perceived preference in terms of climate strategy proactivity (CSP) which is an outcome of the importance and influence of the category of the stakeholders of Indian companies. Revolutionized by the liberalization–privatization–globalization, the practices and strategies of the companies in the developing country such as India have been marked by dynamic changes in the several past decades. In these circumstances, it has become imperative to understand the relevance of the stakeholders in terms of CSP displayed by these companies to seek help in developing appropriate strategies in the emerging competitive market.

Design/methodology/approach

This paper used a research design comprising descriptive analytical method using non-probability purposive sampling method to collect data from a sampled 701 respondents representing eleven categories stakeholders, with the help of a cross-sectional, self-administered online survey questionnaire.

Findings

The findings of the study detail the evaluation of the stakeholders relevance based on their perceived preference in terms of CSP attaching significance to the stakeholders’ perception as a useful tool. While the findings hint at the incessant growth of stakeholder awareness urging corporations to analyze effects and adopt appropriate strategies in developing countries, they also evaluate empirically the perceptions of the stakeholder regarding their relevance based on their perceived preference in terms of CSP which is an outcome of the importance and influence enjoyed by the category of the stakeholders of Indian companies. The findings confirmed the adequate level of awareness of the stakeholders of Indian companies responsible for making them adopt CSP.

Research limitations/implications

This study had the limitations such as collection of information through a self-reported questionnaire which might have the impact of self-bias despite all the preventive and corrective measures, and the risk of creation of a subjective viewpoint due to the assessment of the perceptions of varied stakeholders. Nonetheless, meeting the objective of this study, the study succeeds in providing a stakeholder perspective to the existing body of knowledge with respect to CSP, a stakeholders-centric concept which is in infancy in the context of developing countries and their corporations.

Originality/value

The paper is original as it adds value by providing empirical evidence from the perspective of different stakeholders, including but not limited to managers or shareholders only, like majority of previous studies. By doing so, it successfully attempts to contextualize them indicating the need to unlock huge potentialities and substantial significance for other developing countries.

Details

Competitiveness Review: An International Business Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/CR-10-2020-0122
ISSN: 1059-5422

Keywords

  • Sustainable development
  • Stakeholders
  • Climate strategy proactivity (CSP)
  • Stakeholders perceptions
  • Stakeholders relevance

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Article
Publication date: 5 October 2020

Strategy of using ICT in ODL to disseminate higher education in tribal communities: a case of MP, India

Subash Ranjan Nayak, Nikhil Kant and Kumari Anjali

The purpose of this paper is to make an assessment of the challenges in disseminating higher education to the learners in tribal communities, and problems solving capacity…

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Abstract

Purpose

The purpose of this paper is to make an assessment of the challenges in disseminating higher education to the learners in tribal communities, and problems solving capacity of Open and Distance Learning (ODL) by strategically making use of Information and Communication Technology (ICT) taking a case of Madhya Pradesh (MP), which is the most tribal dominated state of India. The paper offers valuable insight in to the usage of ICT as a strategy for the ODL system presenting an account of how it can be utilized effectively to disseminate higher education in tribal communities.

Design/methodology/approach

Exploratory and descriptive techniques were utilized in this paper adopting the research strategy of case study in terms of the strategic potentialities of ICT in disseminating higher education in tribal communities by ODL using it as a strategy for their empowerment and development.

Findings

The findings of the paper reveal that dissemination of higher education in tribal areas is a challenging task especially due to their socioeconomic conditions and ethno cultural settings in addition to numerous infrastructural and access related issues. In view of the need of integrating education with the Indigenous perspectives, ICT can be used as an effective strategy by ODL for disseminating higher education amongst learners in those communities by reaching out to them.

Practical implications

This paper concludes that ICT can help ODL immensely in developing countries such as India strategically in reaching the tribal learners surpassing financial and geographical constraints with a learner centric approach increasing the capacity, quality and cost effectiveness of education system bringing the concept of strategy to center stage, at a time when ICT has fundamentally changed the strategies of different sectors including education with the unprecedented growth in its use.

Originality/value

This paper concludes that ICT has fundamentally changed the strategies of different sectors including higher education with the unprecedented growth in its use. It also concludes that Indian higher educational sector faced with multitude of challenges is not insulated from the effect of ICT, and its emancipatory and transformative potentials in higher education can play a major substantive role by extending support to meet the increasing higher educational needs of the tribal communities by sufficiently embedding it so that their greater contributions to the Sustainable Development Goals (SDGs) can be ensured.

Details

Asian Association of Open Universities Journal, vol. 15 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/AAOUJ-05-2020-0029
ISSN: 1858-3431

Keywords

  • ICT
  • ODL
  • Open and distance learning
  • Strategy
  • Sustainable development goals
  • Tribal communities

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Article
Publication date: 20 November 2017

Oil companies, social responsibility and CSP: combining actions and profiles

Aline Pereira Pündrich

The purpose of this paper is to focus on the influence of socio-economic and cultural factors and their influence on corporate social performance (CSP) (Clarkson, 1995…

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Abstract

Purpose

The purpose of this paper is to focus on the influence of socio-economic and cultural factors and their influence on corporate social performance (CSP) (Clarkson, 1995) within developing and mature economies. It aims at identifying the characteristics of socially responsible actions within two contexts: France and Brazil.

Design/methodology/approach

Based on a case study methodology and a press database, this paper analyzes two oil companies, the French group Total SA, and the Brazilian company Petrobras.

Findings

By focusing on corporate social responsibility (CSR) actions in different socio-economic and cultural contexts, it was possible to identify a predominant CSP “proactivity” in both companies; observe a difference in CSR discourse and practice; note a heterogenic and composite CSR; and notice that companies do not choose their CSP posture, but are subjected to external classifications.

Research limitations/implications

The analysis of only one company per socio-economic and cultural context belonging to the same field could be considered as a limitation, although it allows a deeper analysis of events within both organizations.

Practical implications

Apprehending CSP within different contexts may help decision makers to better understand companies’ socially responsible postures and to observe the socio-economic and cultural factors that can influence them.

Originality/value

This paper highlights CSR practices and their CSP under different socio-economic and cultural perspectives for a more comprehensive understanding of factors that motivate and direct the actions of big corporate organizations.

Details

Management Decision, vol. 55 no. 10
Type: Research Article
DOI: https://doi.org/10.1108/MD-06-2016-0367
ISSN: 0025-1747

Keywords

  • Corporate social performance
  • Corporate social responsibility
  • Developing markets
  • Mature markets
  • Petrobras
  • Total SA

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Article
Publication date: 12 September 2016

The important effects of national culture on the environmental proactivity of firms

Francesco Calza, Chiara Cannavale and Ilaria Tutore

The purpose of this paper is to verify if and how national culture affects firms’ environmental proactivity, by using a specific index: the Carbon Disclosure Score (CDS).

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Abstract

Purpose

The purpose of this paper is to verify if and how national culture affects firms’ environmental proactivity, by using a specific index: the Carbon Disclosure Score (CDS).

Design/methodology/approach

The study, an analysis of two linear regression models, examines how cultural values, measured by the Global Leadership and Organizational Behavior Effectiveness Research “should be” scores, affect companies’ environmental proactivity measured by CDS. Data about CDS derive from the Carbon Disclosure Project, which monitors Global 500 companies each year.

Findings

The analysis reveals that the values of in-group collectivism, performance orientation, assertiveness and uncertainty avoidance negatively affect firms’ environmental proactivity, while future orientation and gender egalitarianism have a positive impact.

Research limitations/implications

In spite of the limitations inherent in the indicator and the limited sample, the paper has some interesting implications. On a theoretical level, this study extends prior research in the field of organizations and natural environment, by examining the specific role exerted by national cultural dimensions on firms’ environmental proactivity.

Practical implications

From a practical standpoint, the study suggests that corporations and policy regulators should be sensitive toward national idiosyncrasies and formulate the environmental strategies according to the cultural values and contextual environment of the relevant region. Creating policies based on cultural values and adapting policies to a country’s culture can improve the effectiveness of environmental policies and raise individual and corporation awareness on the topic.

Originality/value

Most contributions consider environmental strategy at the national level. This study, instead, focusses on the effects of national culture on the environmental proactivity of firms.

Details

Journal of Management Development, vol. 35 no. 8
Type: Research Article
DOI: https://doi.org/10.1108/JMD-10-2015-0145
ISSN: 0262-1711

Keywords

  • Cultural values
  • Carbon Disclosure Score
  • Environmental proactivity
  • GLOBE project

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Book part
Publication date: 14 May 2018

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Abstract

Details

Corporate Social Responsibility
Type: Book
DOI: https://doi.org/10.1108/S2514-175920180000002015
ISBN: 978-1-78754-260-0

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Article
Publication date: 6 May 2014

Sustainable supply chain and company performance: A global examination

Eduardo Ortas, José M. Moneva and Igor Álvarez

This paper aims to investigate the link between a sustainable supply chain and companies’ financial performance (FP) and provide empirical evidence about the relationship…

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Abstract

Purpose

This paper aims to investigate the link between a sustainable supply chain and companies’ financial performance (FP) and provide empirical evidence about the relationship between these two constructs. This link is an important, but still unclear, subject.

Design/methodology/approach

Multivariate measures of sustainable supply chain performance and companies’ FP are used for Granger causality tests on a large, diverse sample of 3,900 companies in a time frame of eight years (2004-2011).

Findings

Results indicate general bidirectional causality between sustainable supply chain performance and companies’ margins and revenue. However, the link between firms’ profitability and sustainable supply chain performance is unidirectional. In addition, the recent financial crisis altered this link between the studied constructs. Finally, a wide diversity in relationship patterns between sustainable supply chain performance and companies’ FP emerges when the full sample is divided into different geographical regions and economic sectors as specified by the Global Industry Classification Standard system.

Practical implications

This research makes recommendations for improving several processes, such as stakeholder evaluation of the sustainable supply chain performance of companies worldwide and manager testing of environmental policy outcomes.

Originality/value

Building on the mostly qualitative literature on sustainable supply chain performance and companies’ FP, this research provides quantitative evidence of the gaps between these constructs. This research contributes to the discussions of supply chain management, environmental practices and the drivers of companies’ environmental and financial success.

Details

Supply Chain Management: An International Journal, vol. 19 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/SCM-12-2013-0444
ISSN: 1359-8546

Keywords

  • Corporate responsibility
  • Sustainability
  • Corporate social responsibility
  • Business administration
  • Environmental management
  • Environmental performance
  • Company performance
  • Sustainable supply chain management
  • Green supply chains
  • Sustainable supply chain performance
  • Granger causation

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Book part
Publication date: 14 December 2015

Do CSR Determinants Stimulate Profits: Analysis of Retail Companies in UK

Ghulam Sughra and David Crowther

Corporate social responsibility (CSR) has been consistently discussed by the retail companies as a key factor of their strategic plan. The widely divided literature on the…

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Abstract

Corporate social responsibility (CSR) has been consistently discussed by the retail companies as a key factor of their strategic plan. The widely divided literature on the link between CSR and financial performance has distracted the researchers to focus on the important variables of CSR, that is donations, community work and environmental performance. This chapter provides a reflection on why retail companies make these variables of CSR as the integral part of their core strategy and pinpoint the underlying benefits of adopting these variables. In the CSR disclosures, donations, community work and environmental performance are highly focused by the retail companies. Thus this chapter paves the way for the discussion for the highly significant variables of CSR in the retail industry. The chapter not only presents a framework on which future studies can be based but also improves the understanding of the concept that why donations, community work and environmental performance are important for the retail industry in the United Kingdom. The retail companies and the policy makers at the global or local level develop effective and relevant strategies by drawing on the multiple aspects of CSR. Despite having an extensive body of knowledge about CSR, there is however little known about the importance of community work, donations and environmental performance in relation to the UK retail industry.

Details

Sustainability After Rio
Type: Book
DOI: https://doi.org/10.1108/S2043-052320150000008006
ISBN: 978-1-78560-444-7

Keywords

  • Corporate social responsibility
  • stakeholders
  • performance
  • profit

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