Use this URL to cite or link to this record in EThOS: https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.778703
Title: Corporate sustainability strategies in institutional adversity : an examination of their institutional drivers, boundary conditions and market performance consequences
Author: Nwoba, Arinze Christian
ISNI:       0000 0004 7964 4318
Awarding Body: University of Leeds
Current Institution: University of Leeds
Date of Award: 2019
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Abstract:
Today, scholars and top-level business managers agree that corporate sustainability strategies have become a strategic lens through which firms might view their operations and performance, which determines if they will survive in business. Notwithstanding this, there is a dearth of research on corporate sustainability strategies among emerging market firms that face institutional adversity. Accordingly, the aim of this research is to investigate the institutional drivers, associated boundary conditions and market performance consequences of corporate sustainability strategies among emerging market firms. Drawing from institutional theory, institutional development logic and the structure-conduct-performance (SCP) paradigm, the study proposes a conceptual model of corporate proactive and responsive sustainability strategies and tests it on a sample of 300 firms operating in a major sub-Saharan African market. Findings show that top-level managerial linkages, contacts and connections with government and regulatory officials, top managers at other firms and local community leaders-irrespective of the levels of competition intensity-drive corporate proactive and responsive sustainability strategies, which lead to superior market performance. The findings also reveal that the innovative working culture inherent in emerging market firms strengthens paths between corporate proactive and responsive sustainability strategies and market performance. Furthermore, the findings show that financial resource slack strengthens the path between corporate proactive sustainability strategies and market performance, while it does not strengthen the path between corporate responsive sustainability strategies and market performance. These findings add to the extant scholarly work on corporate sustainability strategies by delineating the key institutional and internal organisational success factors necessary for the formulation and implementation of corporate proactive and responsive sustainability strategies among emerging market firms that face institutional adversity. The study concludes by outlining a number of fruitful avenues for future research.
Supervisor: Robson, Matthew ; Boso, Nathaniel Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.778703  DOI: Not available
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