Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.14365/2552
Title: How Does the Contingent Sustainability-Risk Relationship Affect the Viability of Csr? an Emerging Economy Perspective
Authors: Gocer, Aysu
Jin, Yao Henry
Fawcett, Stanley E.
Keywords: supply chain risk management
environmental sustainability
emerging economies
multiple criteria decision-making
Industry
Performance
Capability
Motivation
Framework
Linkages
Strategy
Decision
Firms
View
Publisher: Mdpi
Abstract: Sustainability has become a core strategic initiative for firms in the global economy. Its key benefits aside, sustainability may increase a firm's risks, undermining its prospective value. The intricate relationship among sustainability's impact on various dimensions of firm risk is poorly understood, particularly for firms operating in emerging economies. The purpose of this study is to address this gap by developing a nuanced framework for the sustainability-risk relationship in various industries in emerging economies. A multi-method approach was used to collect both quantitative and qualitative data through interviews and site visits for supply chain members of four industries. A fuzzy AHP method was used to illustrate cross-industry differences in sustainability-induced firm risks. These differences are further illustrated through inductive, interpretive analysis of semi-structured interviews. Sustainability behaves as a limits-to-growth system and engenders different risk profiles across four industries. For all firms in emerging economy, sustainability initiatives increase various unanticipated risks. Thus, these firms must saliently tailor sustainability initiatives uniquely suitable for their industry to avoid compromising their value proposition. Insights gleaned from this study may assist both buyers from multinational corporations in the developed economy to propagate sustainability initiatives and suppliers in the emerging economy to implement sustainability initiatives more saliently.
URI: https://doi.org/10.3390/su11195435
https://hdl.handle.net/20.500.14365/2552
ISSN: 2071-1050
Appears in Collections:Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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