Why Firms Delay Reaching True Sustainability

Journal of Management Studies

Volumn 53, Issue 5, 2016, Pages 911-935

  Shevchenko, Anton ^a   Lévesque, Moren ^a   Pagell, Mark ^b  

^a UNIVERSITY OF YORK   (United Kingdom)

^b UNIVERSITY COLLEGE DUBLIN   (Ireland)

Author keywords

Optimal stopping risk; Stakeholder pressure; Sustainability

Indexed keywords

EID: 84963537623     PISSN: 00222380     EISSN: 14676486     Source Type: Journal    
DOI: 10.1111/joms.12199     Document Type: Article

References (64)

1. Ahuja, G. and Lampert, C. M. (2001). 'Entrepreneurship in the large corporation: A longitudinal study of how established firms create breakthrough inventions'. Strategic Management Journal, 22, 521-43.
2. Armstrong, M. J. and Lévesque, M. (2002). 'Timing and quality decisions for entrepreneurial product development'. European Journal of Operational Research, 141, 88-106.
3. Autolib. (2015). An Urban Revolution. Available at: https://www.autolib.eu/en/our-commitment/urban-revolution/ (accessed 26 October 2015).
4. BMW. (2015a). BMW Group: Sustainability. Available at: www.bmw.com/com/en/insights/corporation/sustainability/content.html (accessed 8 June 2015).
5. BMW. (2015b). Environmental Partnerships. Available at: www.bmwusfactory.com/sustainability/corporate-sustainability/environmental-partnerships/ (accessed 8 June 2015).
6. Brammer, S. and Millington, A. (2004). 'The development of corporate charitable contributions in the UK: A stakeholder analysis'. Journal of Management Studies, 41, 1411-34.
7. Buysse, K. and Verbeke, A. (2003). 'Proactive environmental strategies: A stakeholder management perspective'. Strategic Management Journal, 24, 453-70.
8. Calantone, R. J., Cavusgil, S. T. and Zhao, Y. (2002). 'Learning orientation, firm innovation capability, and firm performance'. Industrial Marketing Management, 31, 515-24.
9. Carter, C. R. and Rogers, D. S. (2008). 'A framework of sustainable supply chain management: Moving toward new theory'. International Journal of Physical Distribution & Logistics Management, 38, 360-87.
10. Christensen, C. (1997). The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. Cambridge, MA: Harvard Business Review Press.
11. Christmann, P. (2000). 'Effects of "best practices" of environmental management on cost advantage: The role of complementary assets'. Academy of Management Journal, 43, 663-80.
12. Christmann, P. and Taylor, G. (2006). 'Firm self-regulation through international certifiable standards: Determinants of symbolic versus substantive implementation'. Journal of International Business Studies, 37, 863-78.
13. Cohen, B. and Winn, M. I. (2007). 'Market imperfections, opportunity and sustainable entrepreneurship'. Journal of Business Venturing, 22, 29-49.
14. Connelly, B. L., Ketchen Jr. D. J. and Slater, S. F. (2011). 'Toward a "theoretical toolbox" for sustainability research in marketing'. Journal of the Academy of Marketing Science, 39, 86-100.
15. Corporate Knights. (2015). 2015 Global 100 results. Available at: www.corporateknights.com/reports/global-100/2015-global-100-results-14218559/ (accessed 25 April 2015).
16. Crane, A., Palazzo, G., Spence, L. J. and Matten, D. (2014). 'Contesting the value of "creating shared value"'. California Management Review, 56, 130-53.
17. Darnall, N., Henriques, I. and Sadorsky, P. (2010). 'Adopting proactive environmental strategy: The influence of stakeholders and firm size'. Journal of Management Studies, 47, 1072-94.
18. Delmas, M. A. and Montes-Sancho, M. J. (2010). 'Voluntary agreements to improve environmental quality: Symbolic and substantive cooperation'. Strategic Management Journal, 31, 575-601.
19. Delmas, M. A. and Toffel, M. W. (1960). 'Stakeholders and environmental management practices: An institutional framework'. Business Strategy and the Environment, 13, 209-22.
20. Derman, C. and Sacks, J. (1960). 'Replacement of periodically inspected equipment (an optimal optional stopping rule)'. Naval Research Logistics Quarterly, 7, 597-607.
21. Dibrell, C., Craig, J. and Hansen, E. (2011). 'Natural environment, market orientation, and firm innovativeness: An organizational life cycle perspective'. Journal of Small Business Management, 49, 467-89.
22. Doh, J. P. and Guay, T. R. (2006). 'Corporate social responsibility, public policy, and NGO activism in Europe and the United States: An institutional-stakeholder perspective'. Journal of Management Studies, 43, 47-73.
23. Eesley, C. and Lenox, M. J. (2006). 'Firm responses to secondary stakeholder action'. Strategic Management Journal, 27, 765-81.
24. Eijgenraam, C., Kind, J., Bak, C., Brekelmans, R., den Hertog, D., Duits, M., Roos, K., Vermeer, P. and Kuijken, W. (2014). 'Economically efficient standards to protect the Netherlands against flooding'. Interfaces, 44, 7-21.
25. Ettlie, J. E., Bridges, W. P. and O'Keefe, R. D. (1984). 'Organization strategy and structural differences for radical versus incremental innovation'. Management Science, 30, 682-95.
26. Etzion, D. (2007). 'Research on organizations and the natural environment, 1992-present: A review'. Journal of Management, 33, 637-64.
27. Fineman, S. and Clarke, K. (1996). 'Green stakeholders: Industry interpretations and response'. Journal of Management Studies, 33, 715-30.
28. Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Englewood Cliffs, NJ: Prentice-Hall.
29. Frooman, J. (1999). 'Stakeholder influence strategies'. Academy of Management Review, 24, 191-205.
30. Gao, J. and Bansal, P. (2013). 'Instrumental and integrative logics in business sustainability'. Journal of Business Ethics, 112, 241-55.
31. Gattiker, T. F., Carter, C. R., Huang, X. and Tate, W. L. (2014). 'Managerial commitment to sustainable supply chain management projects'. Journal of Business Logistics, 35, 318-37.
32. Girotra, K. and Netessine, S. (2013). 'OM forum - business model innovation for sustainability'. Manufacturing & Service Operations Management, 15, 537-44.
33. Golicic, S. L. and Smith, C. D. (2013). 'A meta-analysis of environmentally sustainable supply chain management practices and firm performance'. Journal of Supply Chain Management, 49, 78-95.
34. Hall, J. K., Daneke, G. A. and Lenox, M. J. (2010). 'Sustainable development and entrepreneurship: Past contributions and future directions'. Journal of Business Venturing, 25, 439-48.
35. Hanlon, M. (2015). Europe Must Now Come Clean on Diesel. Available at: www.telegraph.co.uk/news/earth/environment/11878435/Europe-must-now-come-clean-on-diesel.html (accessed 10 October 2015).
36. Hendry, J. R. (2006). 'Taking aim at business what factors lead environmental non-governmental organizations to target particular firms?'. Business & Society, 45, 47-86.
37. Husted, B. W. (1998). 'Organizational justice and the management of stakeholder relations'. Journal of Business Ethics, 17, 643-51.
38. Jawahar, I. M. and McLaughlin, G. L. (2001). 'Toward a descriptive stakeholder theory: An organizational life cycle approach'. Academy of Management Review, 26, 397-414.
39. Kassinis, G. and Vafeas, N. (2006). 'Stakeholder pressures and environmental performance'. Academy of Management Journal, 49, 145-59.
40. Keyhani, M. (2014). Entrepreneurship Strategy and its Economic Foundations. Doctoral Dissertation. York University, Toronto.
41. Kinkead, G. and Gunn, E. P. (1999). In the Future, People Like Me Will Go to Jail Ray Anderson Is on a Mission to Clean Up American Businesses-Starting with His Own. Can a Georgia Carpet Mogul Save the Planet? Available at: www.archive.fortune.com/magazines/fortune/fortune_archive/1999/05/24/260285/index.htm (accessed 4 June 2015).
42. Kuratko, D. F., Ireland, R. D. and Hornsby, J. S. (2001). 'Improving firm performance through entrepreneurial actions: Acordia's corporate entrepreneurship strategy'. Academy of Management Executive, 15, 60-71.
43. Lee, S. Y. and Klassen, R. D. (2008). 'Drivers and enablers that foster environmental management capabilities in small- and medium-sized suppliers in supply chains'. Production and Operations Management, 17, 573-86.
44. Lee, S. Y., Klassen, R. D., Furlan, A. and Vinelli, A. (2014). 'The green bullwhip effect: Transferring environmental requirements along a supply chain'. International Journal of Production Economics, 156, 39-51.
45. Linton, J. D., Klassen, R. and Jayaraman, V. (2007). 'Sustainable supply chains: An introduction'. Journal of Operations Management, 25, 1075-82.
46. Markman, G. D., Waldron, T. L. and Panagopoulos, A. (2016). 'Organizational hostility: Why and how nonmarket players compete with firms'. Academy of Management Perspectives, 30, 74-92.
47. McDermott, C. M. and O'Connor, G. C. (2002). 'Managing radical innovation: An overview of emergent strategy issues'. Journal of Product Innovation Management, 19, 424-38.
48. Morris, C. (2014). German Utility Giant to Sell all Conventional Power Plants. Available at: www.energytransition.de/2014/12/german-utility-giant-to-sell-all-conventional-power-plants/ (accessed 20 May 2015).
49. Murillo-Luna, J. L., Garcés-Ayerbe, C. and Rivera-Torres, P. (2008). 'Why do patterns of environmental response differ? A stakeholders' pressure approach'. Strategic Management Journal, 29, 1225-40.
50. Pagell, M. and Shevchenko, A. (2014). 'Why research in sustainable supply chain management should have no future'. Journal of Supply Chain Management, 50, 44-55.
51. Pagell, M. and Wu, Z. (2009). 'Building a more complete theory of sustainable supply chain management using case studies of 10 exemplars'. Journal of Supply Chain Management, 45, 37-56.
52. Park-Poaps, H. and Rees, K. (2010). 'Stakeholder forces of socially responsible supply chain management orientation'. Journal of Business Ethics, 92, 305-22.
53. Pfeffer, J. and Salancik, G. R. (2003). The External Control of Organizations: A Resource Dependence Perspective. Redwood City, CA: Stanford University Press.
54. Plambeck, E. L. (2013). 'OM forum - operations management challenges for some "cleantech" firms'. Manufacturing & Service Operations Management, 15, 527-36.
55. Porter, M. E. and Kramer, M. R. (2006). 'The link between competitive advantage and corporate social responsibility'. Harvard Business Review, 84, 78-92.
56. Richardson, L. F. (1960). 'Could an arms race end without fighting?'. Nature, 29, 567-68.
57. Rodriguez, J. A., Gimenez, C., Arenas, D. and Pagell, M. (2016). 'NGOs' initiatives to enhance social sustainability in the supply chain: Poverty alleviation through supplier development programs'. Journal of Supply Chain Management, in press.
58. RWE. (2014). Annual Report 2014. Available at: http://www.rwe.com/app/wartung/hv2014/bpk_docs/RWE-Annual-Report-2014.pdf (accessed 2 June 2015).
59. Schaltegger, S. and Wagner, M. (2011). 'Sustainable entrepreneurship and sustainability innovation: Categories and interactions'. Business Strategy and the Environment, 20, 222-37.
60. Shepherd, D. A. and Patzelt, H. (2011). 'The new field of sustainable entrepreneurship: Studying entrepreneurial action linking "what is to be sustained" with "what is to be developed"'. Entrepreneurship Theory and Practice, 35, 137-63.
61. Starik, M. and Kanashiro, P. (2013). 'Toward a theory of sustainability management: Uncovering and integrating the nearly obvious'. Organization and Environment, 26, 7-30.
62. Vasagar, J. and Clark, P. (2015). Germany's Green Goals Have Profound Consequences for Eon and RWE. Available at: http://on.ft.com/1Di3IZJ (accessed 13 May 2015).
63. Weaver, G. R., Trevino, L. K. and Cochran, P. L. (1999). 'Integrated and decoupled corporate social performance: Management commitments, external pressures, and corporate ethics practices'. Academy of Management Journal, 42, 539-52.
64. York, J. G. and Venkataraman, S. (2010). 'The entrepreneur-environment nexus: Uncertainty, innovation, and allocation'. Journal of Business Venturing, 25, 449-63.