The Interplay of Corporate Social Responsibility, Innovation Capability, Organizational Learning, and Sustainable Value Creation: Does Stakeholder Engagement Matter?

Tahir Alshukri, Opeoluwa Seun Ojekemi, Tolga Öz and Ahmad Alzubi ()
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Tahir Alshukri: Institute of Social Sciences, University of Mediterranean Karpasia, Turkish Republic of Northern Cyprus, Mersin 33000, Turkey
Opeoluwa Seun Ojekemi: Institute of Social Sciences, University of Mediterranean Karpasia, Turkish Republic of Northern Cyprus, Mersin 33000, Turkey
Tolga Öz: Institute of Social Sciences, University of Mediterranean Karpasia, Turkish Republic of Northern Cyprus, Mersin 33000, Turkey
Ahmad Alzubi: Institute of Social Sciences, University of Mediterranean Karpasia, Turkish Republic of Northern Cyprus, Mersin 33000, Turkey

Sustainability, 2024, vol. 16, issue 13, 1-30

Abstract: At the crossroads of innovation and responsibility, our study delves into CSR’s pivotal role in steering organizations toward sustainable value creation. Combining the frameworks of stakeholder theory, the resource-based view, and dynamic capabilities theory, this study examines the influence of corporate social responsibility (CSR) in enhancing sustainable value creation (SVC), with a keen focus on how organizational learning (OL) and innovation capability (IC) mediate this relationship and the degree to which stakeholder engagement (SE) moderates the impact of CSR on OL, IC, and SVC. Using a quantitative research approach, 416 managers in the Turkish manufacturing sector (e.g., textiles, building materials, and food processing firms) were surveyed using electronic and physical questionnaires. To test the research model, AMOS 24 was employed. The results confirmed that CSR positively influences SVC, OL, and IC; OL and IC positively influence SVC; OL and IC partially mediate the relationship between CSR and SVC. Likewise, the findings suggest that stakeholder engagement (SE) plays a moderate role in strengthening the relationship between CSR and organizational learning (OL), CSR and innovation capability (IC), and CSR and sustainable value creation (SVC), with increased SE enhancing the positive effect of CSR on OL, IC, and SVC. This study explains the complex ways that CSR enhances SVC, focusing on OL and IC’s mediating roles and SE’s moderating effects. It offers manufacturing sectors in Turkey useful information for promoting sustainability and innovation.

Keywords: corporate social responsibility; sustainable value creation; organizational learning; innovation capability; stakeholder engagement (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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