Business- and environment-related drivers of firms’ return on natural resources: A configurational approach

Frank Figge, Tobias Hahn

Producción científica: Artículo en revista indizadaArtículorevisión exhaustiva

17 Citas (Scopus)

Resumen

The sustainability challenges society faces call for firms to manage their use of natural resources wisely. Prior work on firm responses to sustainability challenges has largely focused on explaining and enhancing economic rather than environmental performance. We build on recent developments to extend resource dependence theory to include natural resources and seek to explain how business- and environment-related firm activities influence the use of natural resources. Using a configurational approach, we develop a conceptual model that explains the return on natural resources of firms based on four distinct sets of business- and environment-related comparative advantages. An illustrative application to the car-manufacturing sector demonstrates the practical applicability of our model and provides first insights into configurations we are likely to observe in practice. Our model and its application show that economic success is neither necessary nor sufficient to enhance a firm's return on natural resources.

Idioma originalInglés
Número de artículo102066
PublicaciónLong Range Planning
Volumen54
N.º4
DOI
EstadoPublicada - ago 2021

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