TY - JOUR
T1 - Economic, organizational, and environmental capabilities for business sustainability competence
T2 - Findings from case studies in the fashion business
AU - Wong, David T.W.
AU - Ngai, Eric W.T.
N1 - Publisher Copyright:
© 2021 Elsevier Inc.
PY - 2021/3
Y1 - 2021/3
N2 - Business sustainability has received considerable attention in academia and industry. Accordingly, we use a multiple-case design to study the outcomes of business sustainability capability implementation. Using a two-phase data collection approach and resource-based view, we developed a conceptual model to illustrate the importance of business sustainability capability and business sustainability competence and their influence on firm performance. On the bases of the results from a case analysis of three Fortune 500 corporations in the fashion and textile industries, we show how three business sustainability capabilities (i.e., organizational, environmental, and economic competencies) affect business sustainability competence and consequently firm performance. Using in-depth case studies, we develop a set of propositions on how business sustainability competence associates with firm performance. This study was conducted over three years and demonstrates the importance of business sustainability capabilities by confirming the impact of economic competence in the context of market-driven competence and innovation, organizational competence in the context of managerial competence and social well-being, and environmental competence in the context of application of the five Rs (i.e., re-imagine, redesign, reuse, recycle, and reduce). This study thus provides valuable insights into how business sustainability capability and business sustainability competence enhance firm performance in the global fashion business.
AB - Business sustainability has received considerable attention in academia and industry. Accordingly, we use a multiple-case design to study the outcomes of business sustainability capability implementation. Using a two-phase data collection approach and resource-based view, we developed a conceptual model to illustrate the importance of business sustainability capability and business sustainability competence and their influence on firm performance. On the bases of the results from a case analysis of three Fortune 500 corporations in the fashion and textile industries, we show how three business sustainability capabilities (i.e., organizational, environmental, and economic competencies) affect business sustainability competence and consequently firm performance. Using in-depth case studies, we develop a set of propositions on how business sustainability competence associates with firm performance. This study was conducted over three years and demonstrates the importance of business sustainability capabilities by confirming the impact of economic competence in the context of market-driven competence and innovation, organizational competence in the context of managerial competence and social well-being, and environmental competence in the context of application of the five Rs (i.e., re-imagine, redesign, reuse, recycle, and reduce). This study thus provides valuable insights into how business sustainability capability and business sustainability competence enhance firm performance in the global fashion business.
KW - Business sustainability capabilities
KW - Business sustainability competence
KW - Case study
KW - Fashion business
KW - Firm performance
UR - http://www.scopus.com/inward/record.url?scp=85099632219&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2020.12.060
DO - 10.1016/j.jbusres.2020.12.060
M3 - Journal article
AN - SCOPUS:85099632219
SN - 0148-2963
VL - 126
SP - 440
EP - 471
JO - Journal of Business Research
JF - Journal of Business Research
ER -