Innovaciones para la sostenibilidad en el despliegue de los Objetivos de Desarrollo Sostenible

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Publicado 11-01-2024
Ana Bellostas
Cristina del Río
Karen González-Álvarez
Francisco J. López-Arceiz

Resumen

Desde el año 2015, las empresas han ido adaptando sus decisiones estratégicas para alinearse con los Objetivos de Desarrollo Sostenible. Esta adaptación vendría justificada por la búsqueda de legitimidad ante la presión que ejercen los gobiernos, la sociedad civil, las organizaciones supranacionales y los mercados. Algunas empresas demuestran su compromiso con estos objetivos invirtiendo en innovaciones diseñadas para impulsar su desempeño organizacional; mientras que otras recurren a procesos de “green washing” en un intento por mantener sus niveles de rentabilidad. Invertir en innovaciones para la sostenibilidad se ha convertido en una manifestación clave del compromiso de las empresas con el desarrollo sostenible. Este estudio tiene como objetivo analizar la interacción entre el compromiso con los Objetivos de Desarrollo Sostenible, las innovaciones para la sostenibilidad y el desempeño organizacional. Para analizar esta interacción, se ha obtenido una muestra de 3.420 empresas para el período 2015 a 2020. A pesar de las mejoras significativas que las innovaciones asociadas al compromiso con los Objetivos de Desarrollo Sostenible suponen en términos de desempeño sostenible, los resultados muestran que invertir en este tipo de innovación conlleva cierto riesgo de perdidas a corto plazo. Este resultado tiene varias implicaciones. Algunas empresas pueden suscribir los Objetivos de Desarrollo Sostenible como una forma de ganar legitimidad y no por un verdadero compromiso. Por otra parte, el compromiso real con la innovación para la sostenibilidad puede atraer a inversores potenciales, siendo éste, en nuestra opinión, un fenómeno que decisores públicos y legisladores deberían potenciar.

Cómo citar

Bellostas, A., del Río, C., González-Álvarez, K., & López-Arceiz, F. J. (2024). Innovaciones para la sostenibilidad en el despliegue de los Objetivos de Desarrollo Sostenible. Cuadernos De Gestión, 24(1), 39–59. https://doi.org/10.5295/cdg.221794fl
Abstract 876 | PDF (English) Downloads 501

##plugins.themes.bootstrap3.article.details##

Keywords

Objetivos de Desarrollo Sostenible, Legitimidad, Innovaciones para la sostenibilidad, Desempeño organizacional

References
Adams, R., Jeanrenaud, S., Bessant, J., Denyer, D., & Overy, P. (2016). Sustainability‐oriented innovation: A systematic review. International Journal of Management Reviews, 18(2), 180-205. https://doi.org/10.1111/ijmr.12068
Ahmad, N., & Buniamin, S. (2021). The relationship between SDG engagement and corporate financial performance: Evidence from public listed companies in Malaysia. Global Business & Management Research, 13(4s), 730-741.
Archel, P., Husillos, J., Larrinaga, C., & Spence, C. (2009). Social disclosure, legitimacy theory and the role of the state. Accounting, Auditing & Accountability journal, 22, 1284-1307. https://doi.org/10.1108/09513570910999319
Asadi, S., Pourhashemi, S.O., Nilashi, M., Abdullah, R., Samad, S., Yadegaridehkordi, E., & Razali, N.S. (2020). Inves-tigating influence of green innovation on sustainability performance: A case on Malaysian hotel industry. Journal of Cleaner production, 258, 120860. https://doi.org/10.1016/j.jclepro.2020.120860
Bebbington, J., & Unerman, J. (2018). Achieving the United Nations Sustainable Development Goals. Accounting, Auditing & Accountability Journal, 31(1), 2-24. https://doi.org/10.1108/AAAJ-05-2017-2929
Birindelli, G., & Chiappini, H. (2021). Climate change policies: Good news or bad news for firms in the European Union?. Corporate Social Responsibility and Environmental Management, 28(2), 831-848. http://doi.org/10.1002/csr.2093
Bloomberg Intelligence (2021). ESG assets may hit $53 trillion by 2025, a third of global AUM, Research paper. Online publication: https://www.bloomberg.com/professional/blog/esg-assets-may-hit-53-trillion-by-2025-a-third-of-global-aum/
Cainelli, G., De Marchi, V., & Grandinetti, R. (2015). Does the development of environmental innovation require different resources? Evidence from Spanish manufacturing firms. Journal of Cleaner Production, 1, 211-220. https://doi.org/10.1016/j.jclepro.2015.02.008
Calabrese, A., Costa, R., Gastaldi, M., Ghiron, N.L., & Montalvan, R.A. (2021). Implications for Sustainable Development Goals: A framework to assess company disclosure in sustainability reporting. Journal of Cleaner Production, 319, 128624. http://doi.org/10.1016/j.jclepro.2021.128624
Cuervo-Cazurra, A., Doh, J.P., Giuliani, E., Montiel, I., & Park, J. (2022). The United Nations' Sustainable Development Goals: Pros and cons for managers of multinationals. AIB Insights, 22(1), 1-6. https://doi.org/10.46697/001c.32530
Curtó-Pagès, F., Ortega-Rivera, E., Castellón-Durán, M., & Jané-Llopis, E. (2021). Coming in from the cold: A longitudinal analysis of SDG reporting practices by Spanish listed companies since the approval of the 2030 agenda. Sustainability, 13(3), 1178-1205. https://doi.org/10.3390/su13031178
Deegan, C.M. (2019). Legitimacy theory: Despite its enduring popularity and contribution, time is right for a necessary makeover. Accounting, Auditing & Accountability Journal, 32, 2307-2329. https://doi.org/10.1108/AAAJ-08-2018-3638.
Dey, P.K., Malesios, C., De, D., Chowdhury, S., & Abdelaziz, F.B. (2020). The impact of lean management practices and sustainably‐oriented innovation on sustainability performance of small and medium‐sized enterprises: empirical evidence from the UK. British Journal of Management, 31(1), 141-161. https://doi.org/10.1111/1467-8551. 1238
Diaz‐Sarachaga, J.M. (2021). Monetizing impacts of Spanish companies toward the Sustainable Development Goals. Corporate Social Responsibility and Environmental Management, 28(4), 1313-1323. http://doi.org/10.1002/csr.2149
DiVito, L., & Bohnsack, R. (2017). Entrepreneurial orientation and its effect on sustainability decision tradeoffs: The case of sustainable fashion firms. Journal of Business Venturing, 32(5), 569-587. https://doi.org/10.1016/j.jbusvent.2017.05.002
EIKON-Refinitiv. (2019). Environmental, Social and Governance (ESG) Scores. Thomson Reuters.
Elalfy, A., Weber, O., & Geobey, S. (2021). The Sustainable Development Goals: a rising tide lifts all boats? Global reporting implications in a post SDGs world. Journal of Applied Accounting Research, 22(3), 557-575. http://doi.org/10.1108/JAAR-06-2020-0116
Evans, S., Vladimirova, D., Holgado, M., Van Fossen, K., Yang, M., Silva, E.A., & Barlow, C.Y. (2017). Business model innovation for sustainability: Towards a unified perspective for creation of sustainable business models. Business Strategy and the Environment, 26(5), 597-608. http://doi.org/10.1002/bse.1939
Feng, Y., Akram, R., Hieu, V.M., & Tien, N.H. (2021). The impact of corporate social responsibility on the sustainable financial performance of Italian firms: mediating role of firm reputation. Economic Research-Ekonomska Istraživanja, 1-19. http://doi.org/10.1080/1331677X.2021.2017318
Ferrón Vílchez, V., Ortega Carrasco, P., & Serrano Bernardo, F. A. (2022). SDG washing: a critical view of the pursuit of SDGs and its relationship with environmental performance. Journal of Environmental Planning and Management, 65(6), 1001-1023. https://doi.org/10.1080/09640568.2022.2033960
Fleming, A., Wise, R.M., Hansen, H., & Sams, L. (2017). The Sustainable Development Goals: A case study. Marine Policy, 86, 94-103. http://doi.org/10.1016/j.marpol.2017.09.019
Garcés‐Ayerbe, C., Rivera‐Torres, P., & Suárez‐Perales, I. (2019). Stakeholder engagement mechanisms and their contribution to eco‐innovation: Differentiated effects of communication and cooperation. Corporate Social Responsibility and Environmental Management, 26(6), 1321-1332. https://doi.org/10.1002/csr.1749
García-Meca, E., & Martínez-Ferrero, J. (2021). Is SDG reporting substantial or symbolic? An examination of controver-sial and environmentally sensitive industries. Journal of Cleaner Production, 298, 126781. https://doi.org/10.1016/j.jclepro.2021.126781
Ghosh, S., & Rajan, J. (2019). The business case for SDGs: An analysis of inclusive business models in emerging economies. International Journal of Sustainable Development & World Ecology, 26(4), 344-353. https://doi.org/10.1080/13504509.2019.1591539
Gonçalves, T., Gaio, C., & Costa, E. (2020). Committed vs opportunistic corporate and social responsibility reporting. Journal of Business Research, 115, 417-427. https://doi.org/10.1016/j.jbusres.2020.01.008
Grueso-Gala, M., & Zornoza, C.C. (2022). A bibliometric analysis of the literature on non-financial information reporting: Review of the research and network visualization. Management Letters/Cuadernos de Gestión, 22(1), 175-192. https://doi.org/10.5295/cdg.211545mg
Gunawan, J., Permatasari, P., & Tilt, C. (2020). Sustainable Development Goal disclosures: do they support responsible consumption and production? Journal of Cleaner Production, 246, 118989. http://doi.org/10.1016/j.jclepro.2019.118989
Hadjimanolis, A. (2019). Drivers and barriers to sustainable innovation in SMEs in the context of small countries. In Ratten, V., Ramirez-Pasillas, & Lundberg, H. (eds.): Managing Sustainable Innovation (pp. 66-86). Routledge.
Hansen, M.W., Gundelach, H., & Johnson, E. (2022). The business case for the Sustainable Development Goals. Centre for Business and Development Studies. CBDS Working Paper No. 2022/2
Harms, D., & Klewitz, J. (2013). Innovation in sustainable supply chains–Interaction for resources from an SME perspective. In Bogaschewsky, R., Eßig, M., Lasch, R., & Stölzle, W. (eds) Supply Management Research (pp. 105-130). Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-03061-2_5
Hart, S., Sharma, S., & Halme, M. (2016). Poverty, business strategy, and sustainable development. Organization & Environment, 29(4), 401-415. https://doi.org/10.1177/1086026616677170
Heras‐Saizarbitoria, I., Urbieta, L., & Boiral, O. (2022). Organizations' engagement with sustainable development goals: From cherry‐picking to SDG‐washing?. Corporate Social Responsibility and Environmental Management, 29(2), 316-328. http://doi.org/10.1002/csr.2202
Hizarci‐Payne, A. K., İpek, İ., & Kurt Gümüş, G. (2021). How environmental innovation influences firm performance: A meta‐analytic review. Business Strategy and the Environment, 30(2), 1174-1190. https://doi.org/10.1002/bse.2678
Ho, Y.C., Wang, W.B., & Shieh, W.L. (2016). An empirical study of green management and performance in Taiwanese electronics firms. Cogent Business & Management, 3(1), 1266787. https://doi.org/10.1080/23311975.2016.1266787
Husillos, J., González, C.L., & Gil, M.J.Á. (2011). The emergence of triple bottom line reporting in Spain. Spanish Journal of Finance and Accounting, 40(150), 195-219. https://doi.org/10.1080/02102412.2011.10779701
Ike, M., Donovan, J.D., Topple, C., & Masli, E.K. (2019). The process of selecting and prioritising corporate sustainability issues: Insights for achieving the Sustainable Development Goals. Journal of Cleaner Production, 236, 117661. http://doi.org/10.1016/j.jclepro.2019.117661
Inieke, O. (2021). Sustainable Development Goals, are we there yet?–challenges and shortcomings. World Journal of Science, Technology and Sustainable Development, 18(3), 320-324. http://doi.org/10.1108/WJSTSD-06-2020-0053
Jacob, A. (2017). Mind the gap: Analyzing the impact of data gap in Millennium Development Goals’(MDGs) indicators on the progress toward MDGs. World Development, 93, 260-278. http://doi.org/10.1016/j.worlddev.2016.12.016
Khan, P.A., Johl, S.K., & Akhtar, S. (2021a). Firm sustainable development goals and firm financial performance through the lens of green innovation practices and reporting: A proactive approach. Journal of Risk and Financial Management, 14, 605-628. https://doi.org/10.3390/jrfm14120605
Khan, P.A., Singh, S K., Johl, S.K., Shamim, A., Nurhayadi, Y., Wijiharjono, N., & Al-Azizah, U.S. (2021b). Injecting gre-en innovation reporting into sustainability reporting. SHS Web of Conference, 124, 5003.
Khan, P.A., Johl, S.K., & Akhtar, S. (2022). Vinculum of Sustainable Development Goal practices and firms’ financial performance: A moderation role of green innovation. Journal of Risk and Financial Management, 15(3), 96. https://doi.org/10.3390/jrfm15030096
Kennedy, S., Whiteman, G., & van den Ende, J. (2017). Radical innovation for sustainability: The power of strategy and open innovation. Long Range Planning, 50(6), 712-725. http://doi.org/10.1016/j.lrp.2016.05.004
Khaled, R., Ali, H., & Mohamed, E.K. (2021). The Sustainable Development Goals and corporate sustainability perfor-mance: Mapping, extent and determinants. Journal of Cleaner Production, 311, 127599. http://doi.org/10.1016/j.jclepro.2021.127599
Klewitz, J., & Hansen, E.G. (2014). Sustainability-oriented innovation of SMEs: a systematic review. Journal of Cleaner Production, 65, 57-75. https://doi.org/10.1016/j.jclepro.2013.07.017
Kuckertz, A., & Wagner, M. (2010). The influence of sustainability orientation on entrepreneurial intentions-Investigating the role of business experience. Journal of Business Venturing, 25(5), 524-539.https://doi.org/10.1016/j.jbusvent.2009.09.001
Kücükgül, E., Cerin, P., & Liu, Y. (2022). Enhancing the value of corporate sustainability: An approach for aligning multiple SDGs guides on reporting. Journal of Cleaner Production, 333, 130005. http://doi.org/10.1016/j.jclepro.2021.130005
Lassala, C., Orero-Blat, M., & Ribeiro-Navarrete, S. (2021). The financial performance of listed companies in pursuit of the Sustainable Development Goals. Economic Research-Ekonomska Istraživanja, 34(1), 427-449. http://doi.org/10.1080/1331677X.2021.1877167
Leyva de la Hiz, D.I., Ferron-Vilchez, V., & Aragon-Correa, J.A. (2019). Do firms’ slack resources influence the relationship between focused environmental innovations and financial performance? More is not always better. Journal of Business Ethics, 159(4), 1215-1227.https://doi.org/10.1007/s10551-017-3772-3
Li, B., & Wu, K. (2017). Environmental management system adoption and the operational performance of firm in the textile and apparel industry of China. Sustainability, 9(6), 1-11. https://doi.org/10.3390/su9060992
Lin, W.L., Ho, J.A., Sambasivan, M., Yip, N., & Mohamed, A.B. (2021). Influence of green innovation strategy on brand value: The role of marketing capability and R&D intensity. Technological Forecasting and Social Change, 171, 120946. https://doi.org/10.1016/j.techfore.2021.120946
Lindblom, C.K. (1993) The implications of organisational legitimacy for corporate social performance and disclosure. Conference Paper, Critical Perspectives on Accounting Conference, New York.
Lior, N., Radovanović, M., & Filipović, S. (2018). Comparing sustainable development measurement based on different priorities: sustainable development goals, economics, and human well-being-Southeast Europe case. Sustainability Science, 13(4), 973-1000. http://doi.org/10.1007/s11625-018-0557-2
López-Arceiz, F.J., Bellostas, A.J., & Rivera, P. (2017). Accessibility and transparency: impact on social economy. Online Information Review, 41(1), 35-52. https://doi.org/10.1108/OIR-09-2015-0296
López-Arceiz, F.J., Bellostas, A.J., & Rivera, P. (2018). Twenty years of research on the relationship between economic and social performance: A meta-analysis approach. Social Indicators Research, 140(2), 453-484.https://doi.org/10.1007/s11205-017-1791-1
López‐Arceiz, F.J., Del Río, C., & Bellostas, A.J. (2020). Sustainability performance indicators: Definition, interaction, and influence of contextual characteristics. Corporate Social Responsibility and Environmental Management, 27(6), 2615-2630. http://doi.org/10.1002/csr.1986
Loredo, E., Lopez-Mielgo, N., Pineiro-Villaverde, G., & García-Álvarez, M.T. (2019). Utilities: Innovation and sustainability. Sustainability, 11(4), 1085.https://doi.org/10.3390/su11041085
Ma, J., Choi, S., & Ahn, Y. (2017). The impact of eco-friendly management on product quality, financial performance and environmental performance. Journal of Distribution Science, 15(5), 17–28. http://doi.org/10.15722/jds.15.5.201705.17
Marques, J., Maffini, C., Schoproni, R., Frizzo, K., & Perlin, P.A. (2019). Sustainable innovation practices and their rela-tionship with the performance of industrial companies. Revista de Gestão, 26(2), 94-111.https://doi.org/10.1108/REGE-01-2018-0005
Martínez‐Ros, E., & Kunapatarawong, R. (2019). Green innovation and knowledge: The role of size. Business Strategy and the Environment, 28(6), 1045-1059.https://doi.org/10.1002/bse.2300
Malik, M. (2015). Value-enhancing capabilities of CSR: A brief review of contemporary literature. Journal of Business Ethics, 127(2), 419–438. https://doi.org/10.1007/s10551-014-2051-9
Merkley, K.J. (2014). Narrative disclosure and earnings performance: Evidence from R&D disclosures. The Accounting Review, 89(2), 725-757. http://doi.org/10.2308/accr-50649
Morioka, S.N., Bolis, I., & Carvalho, M.D. (2018). From an ideal dream towards reality analysis: proposing Sustainable Value Exchange Matrix (SVEM) from systematic literature review on sustainable business models and face valida-tion. Journal of Cleaner Production, 178, 76-88. http://doi.org/10.1016/j.jclepro.2017.12.078
Mousavi, S., Bossink, B., & van Vliet, M. (2018). Dynamic capabilities and organizational routines for managing innovation towards sustainability. Journal of Cleaner Production, 203, 224-239. https://doi.org/10.1016/j.jclepro.2018.08.215
Muhmad, S.N., & Muhamad, R. (2021). Sustainable business practices and financial performance during pre-and post-SDG adoption periods: a systematic review. Journal of Sustainable Finance & Investment, 11(4), 291-309. http://doi.org/10.1080/20430795.2020.1727724
Nicolò, G., Zanellato, G., Tiron-Tudor, A., & Polcini, P.T. (2022). Revealing the corporate contribution to sustainable development goals through integrated reporting: a worldwide perspective. Social Responsibility Journal, (ahead-of-print). http://doi.org/10.1108/SRJ-09-2021-0373
OECD (2018). Oslo manual. Guidelines for collecting, reporting and using data on innovation, 4th Edition. OECD.
Ordoñez-Ponce, E., & Khare, A. (2021). GRI 300 as a measurement tool for the United Nations sustainable development goals: Assessing the impact of car makers on sustainability. Journal of Environmental Planning and Management, 64(1), 47-75. https://doi.org/10.1080/09640568.2020.1746906
Ortas, E., & Moneva, J.M. (2011). Sustainability stock exchange indexes and investor expectations: Multivariate eviden-ce from DJSI-Stoxx. Spanish Journal of Finance and Accounting, 40(151), 395-416. https://doi.org/10.1080/02102412.2011.10779706
Papagiannakis, G., Voudouris, I., Lioukas, S., & Kassinis, G. (2019). Environmental management systems and environmental product innovation: The role of stakeholder engagement. Business Strategy and the Environment, 28(6), 939-950. http://doi.org/10.1002/bse.2293
Pedersen, E.R., Gwozdz, W., & Hvass, K.K. (2018). Exploring the relationship between business model innovation, corporate sustainability, and organisational values within the fashion industry. Journal of Business Ethics, 149(2), 267-284. https://doi.org/10.1007/s10551-016-3044-7
Pizzi, S., Caputo, A., Corvino, A., & Venturelli, A. (2020). Management research and the UN Sustainable Development Goals: A bibliometric investigation and systematic review. Journal of Cleaner Production, 276, 124033. https://doi.org/10.1016/j.jclep ro.2020.124033
Pizzi, S., Rosati, F., & Venturelli, A. (2021). The determinants of business contribution to the 2030 Agenda: Introducing the SDG reporting score. Business Strategy and the Environment, 30(1), 404-421. http://doi.org/10.1002/bse.2628
Polo-Garrido, F., Bollas-Araya, H.M., & Bravo-Sellés, M. (2022). SDGs and cooperatives entities: a study of the biggest financial cooperatives. 33º Congreso Internacional del CIRIEC, Valencia.
Quintana‐García, C., Marchante‐Lara, M., & Benavides‐Chicón, C.G. (2022). Towards sustainable development: Envi-ronmental innovation, cleaner production performance, and reputation. Corporate Social Responsibility and Environmental Management, (ahead-of-print). http://doi.org/10.1002/csr.2272
Ramos, D.L., Chen, S., Rabeeu, A., & Abdul Rahim, A.B. (2022). Does SDG coverage influence firm performance? Sustainability, 14(9), 4870. http://doi.org/10.3390/su14094870
Randers, J., Rockström, J., Stoknes, P.E., Goluke, U., Collste, D., Cornell, S.E., & Donges, J. (2019). Achieving the 17 Sustainable Development Goals within 9 planetary boundaries. Global Sustainability, 2, 1-11. https://doi.org/10.1017/sus.2019.22
Rauter, R., Globocnik, D., Perl-Vorbach, E., & Baumgartner, R.J. (2019). Open innovation and its effects on economic and sustainability innovation performance. Journal of Innovation & Knowledge, 4(4), 226-233. https://doi.org/10.1016/j.jik.2018.03.004
Rennings, K. (2000). Redefining innovation – eco-innovation research and the contribution from ecological economics. Ecological Economics, 32, 319-332. http://doi.org/10.1016/S0921-8009(99)00112-3
Richard, P.J., Devinney, T.M., Yip, G.S., & Johnson, G. (2009). Measuring organizational performance: Towards met-hodological best practice. Journal of Management, 35(3), 718-804. https://doi.org/10.1177/0149206308330560
Semenova, N. (2021). Management control systems in response to social and environmental risk in large Nordic companies. International Journal of Corporate Social Responsibility, 6(1), 1-11. http://doi.org/10.1186/s40991-021-00067-5
Sierra-García, L., Bollas-Araya, H.M., & García-Benau, M.A. (2022). Sustainable development goals and assurance of non-financial information reporting in Spain. Sustainability Accounting, Management and Policy Journal, 13(4), 878-898. https://doi.org/10.1108/SAMPJ-04-2021-0131
Silva, S. (2021). Corporate contributions to the Sustainable Development Goals: An empirical analysis informed by legitimacy theory. Journal of Cleaner Production, 292, 125962. https://doi.org/10.1016/j.jclepro.2021.125962
Steinmo, M. (2021). The role of research centers in developing radical innovation for sustainability. In Voinea, C. L., Roijakkers, N. & Ooms, W., Sustainable Innovation (pp. 125-141). Routledge.
Suchman, M.C. (1995). Managing legitimacy: Strategic and institutional approaches. The Academy of Management Review, 20(3), 571–610. https://doi.org/10.5465/amr.1995.9508080331
Torelli, R., Balluchi, F., & Lazzini, A. (2020). Greenwashing and environmental communication: Effects on stakeholders' perceptions. Business Strategy and the Environment, 29(2), 407-421. https://doi.org/10.1002/bse.2373
United Nations (2015). Transforming our world by 2030: A new agenda for global action zero. Draft of the outcome document for the UN Summit to adopt the Post-2015 development Agenda. United Nations.
Van der Waal, J. W., Thijssens, T., & Maas, K. (2021). The innovative contribution of multinational enterprises to the Sustainable Development Goals. Journal of Cleaner Production, 285, 125319. https://doi.org/10.1016/j.jclepro.2020.125319
Van Zanten, J.A., & Van Tulder, R. (2018). Multinational enterprises and the Sustainable Development Goals: An institutional approach to corporate engagement. Journal of International Business Policy, 1(3), 208-233. http://doi.org/10.1057/s42214-018-0008-x
Van Zanten, J. A., & Van Tulder, R. (2021). Towards nexus-based governance: defining interactions between economic activities and Sustainable Development Goals. International Journal of Sustainable Development & World Ecology, 28(3), 210-226. https://doi.org/10.1080/13504509.2020.1768452
Wang, M., Li, Y., Li, J., & Wang, Z. (2021). Green process innovation, green product innovation and its economic per-formance improvement paths: A survey and structural model. Journal of Environmental Management, 297, 113282. https://doi.org/10.1016/j.jenvman.2021.113282
Xie, X., Huo, J., & Zou, H. (2019). Green process innovation, green product innovation, and corporate financial perfor-mance: A content analysis method. Journal of business research, 101, 697-706. https://doi.org/10.1016/j.jbusres.2019.01.010
Yi, Y., Zeng, S., Chen, H., & Shi, J.J. (2021). When does it pay to be good? A meta-analysis of the relationship between green innovation and financial performance. IEEE Transactions on Engineering Management, 1-11. https://doi.org/10.1109/TEM.2021.3079098
Zabala-Aguayo, F., & Ślusarczyk, B. (2020). Risks of banking services’ digitalization: The practice of diversification and sustainable development goals. Sustainability, 12(10), 4040. http://doi.org/10.3390/su12104040
Zhang, K.Q., & Chen, H.H. (2017). Environmental performance and financing decisions impact on sustainable financial development of Chinese environmental protection enterprises. Sustainability, 9(12), 2260. https://doi.org/10.3390/su9122260
Zheng, L., & Iatridis, K. (2022). Friends or foes? A systematic literature review and meta‐analysis of the relationship between eco‐innovation and firm performance. Business Strategy and the Environment, 31(4), 1838-1855. https://doi.org/10.1002/bse.2986
Sección
Artículos