Institutional pressures for sustainability: a triple bottom line approach
Susana Pasamar,
Mar Bornay-Barrachina and
Rafael Morales-Sánchez
European Journal of Management and Business Economics, 2023, vol. 34, issue 4, 460-484
Abstract:
PurposeThis paper empirically addresses the effect of coercive, normative and mimetic pressures on sustainability results, focussing on the three dimensions of the triple bottom line approach: environmental, economic and social. The mediating role of compliance, analyser or proactive corporate strategies towards sustainability is also considered.Design/methodology/approachThe hypotheses developed in this study were tested using data from a sample of private companies from two industries: manufacture of chemicals and chemical products, and manufacture of basic metals.FindingsThe results confirm the role played by institutional pressures for sustainability in explaining the involvement of organisations in economic, social and environmental aspects. The mediating effect of corporate strategy is also confirmed, although only for environmental aspects.Originality/valueResearch into sustainability development is evolving rapidly; however, few studies have explored its diffusion amongst organisations from a triple bottom line perspective by considering the role of different current external pressures, the corporate strategy and the diverse results.
Keywords: Institutional pressures; Triple bottom line; Corporate strategy; Sustainability (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ejmbep:ejmbe-07-2022-0241
DOI: 10.1108/EJMBE-07-2022-0241
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