Exploring the Relationship Between Business Model Innovation, Corporate Sustainability, and Organisational Values within the Fashion Industry

Esben Rahbek Gjerdrum Pedersen (), Wencke Gwozdz and Kerli Kant Hvass
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Esben Rahbek Gjerdrum Pedersen: Copenhagen Business School Centre for Corporate Social Responsibility (cbsCSR)
Wencke Gwozdz: Copenhagen Business School Centre for Corporate Social Responsibility (cbsCSR)
Kerli Kant Hvass: Copenhagen Business School Centre for Corporate Social Responsibility (cbsCSR)

Journal of Business Ethics, 2018, vol. 149, issue 2, No 1, 267-284

Abstract: Abstract The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have their origin in the fundamental principles guiding the organisation. In addition, the study also finds a positive relationship between the core organisational values and financial performance. The analysis of the paper is based on survey responses from 492 managers within the Swedish fashion industry.

Keywords: Business model innovation; Corporate sustainability; Corporate social responsibility (CSR); Organisational values; Financial performance (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (73)

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DOI: 10.1007/s10551-016-3044-7

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