How stakeholders affect the pursuit of the Environmental, Social, and Governance. Evidence from innovative small and medium enterprises
ESG has become particularly relevant and widespread among a growing number of firms. This dynamic is the consequence of different solicitations to which companies are subject, mainly by stakeholders. To pursue ESG usually requires the implementation of eco‐innovations (EI). Until now, literature abo...
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| Published in | Corporate social-responsibility and environmental management Vol. 28; no. 5; pp. 1528 - 1539 |
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| Main Authors | , , |
| Format | Journal Article |
| Language | English |
| Published |
Chichester, UK
John Wiley & Sons, Inc
01.09.2021
Wiley Periodicals Inc |
| Subjects | |
| Online Access | Get full text |
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| Abstract | ESG has become particularly relevant and widespread among a growing number of firms. This dynamic is the consequence of different solicitations to which companies are subject, mainly by stakeholders. To pursue ESG usually requires the implementation of eco‐innovations (EI). Until now, literature about the effects of EI on ESG has been predominantly focused on large corporations, while little attention has been paid to SME, particularly to innovative SMEs. Within the ESG framework, this paper investigates how stakeholders influence innovative SME decisions to adopt EIs. To reach this aim, we investigate a probabilistic sample of 222 SMEs using the Partial Least Squares method. Results highlight that contractual stakeholders exert a higher influence than community stakeholders on EI. Among the single stakeholders belonging to the mentioned categories, only investors/lenders do not exert influence. |
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| AbstractList | ESG has become particularly relevant and widespread among a growing number of firms. This dynamic is the consequence of different solicitations to which companies are subject, mainly by stakeholders. To pursue ESG usually requires the implementation of eco‐innovations (EI). Until now, literature about the effects of EI on ESG has been predominantly focused on large corporations, while little attention has been paid to SME, particularly to innovative SMEs. Within the ESG framework, this paper investigates how stakeholders influence innovative SME decisions to adopt EIs. To reach this aim, we investigate a probabilistic sample of 222 SMEs using the Partial Least Squares method. Results highlight that contractual stakeholders exert a higher influence than community stakeholders on EI. Among the single stakeholders belonging to the mentioned categories, only investors/lenders do not exert influence. |
| Author | Scandurra, Giuseppe Esposito De Falco, Salvatore Thomas, Antonio |
| Author_xml | – sequence: 1 givenname: Salvatore surname: Esposito De Falco fullname: Esposito De Falco, Salvatore organization: Università degli Studi di Roma La Sapienza – sequence: 2 givenname: Giuseppe surname: Scandurra fullname: Scandurra, Giuseppe organization: Università degli Studi Di Napoli Parthenope – sequence: 3 givenname: Antonio surname: Thomas fullname: Thomas, Antonio email: antonio.thomas@uniparthenope.it organization: Università degli Studi Di Napoli Parthenope |
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| Title | How stakeholders affect the pursuit of the Environmental, Social, and Governance. Evidence from innovative small and medium enterprises |
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