Energy Efficiency & Socially Responsible Markets

@article{benkraiem_2959,

title = {Access to finance and corporate tax avoidance: International evidence},

author = {Ramzi Benkraiem and Safa Gaaya and Faten Lakhal and Merve Kilic},

url = {https://www.sciencedirect.com/science/article/pii/S1061951824000740},

year  = {2025},

date = {2025-06-01},

journal = {Journal of International Accounting, Auditing and Taxation},

volume = {58},

pages = {100668},

abstract = {This paper investigates the relationship between access to finance and corporate tax avoidance. Using a sample of 63,443 firm-year observations from 37 countries, the results reveal that firms suffering from limited access to finance are more inclined to engage in tax avoidance practices. The results also show that increased levels of financial constraints are positively associated with tax avoidance for firms operating in countries with high economic and policy uncertainty and high government debt level. Further evidence shows that the difficulty to access finance increases tax avoidance in countries with weak investor protection. Our results are robust after addressing endogeneity concern and using different measures of financial constraints, tax avoidance, and countries' institutional environments.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{azeem_3175,

title = {When and how is abusive supervision enacted toward competent subordinates? The role of supervisors' power loss concern and downward envy},

author = {Muhammad Umer Azeem and Inam Ul Haq and Ghulam Murtaza and Rahman Khan},

url = {https://iaap-journals.onlinelibrary.wiley.com/doi/abs/10.1111/apps.12559},

year  = {2025},

date = {2025-02-01},

journal = {Applied Psychology-An International Review-Psychologie Appliquee-Revue Internationale},

volume = {74},

number = {1},

pages = {e12559},

abstract = {In general, supervisor abuse is directed toward lowperforming subordinates. Similarly, envy is typically felt by professionals in lower ranks toward those in higher positions. By contrast, this study investigates the counterintuitive relationship between the abusive

behavior of envious leaders toward their competent subordinates. Specifically, we argue that supervisors become envious of competent employees when they

are anxious about losing power. Multisource, timelagged data collected from dyads (198 supervisors and 198 subordinates) in Pakistan-based organizations support the proposed hypotheses. The findings show a positive

relationship between perceptions of subordinate competence, supervisors' downward envy, and abusive supervision. In addition, the relationship between

perceived subordinates' competence and supervisors' envy is strong when supervisors' power loss concerns

are high. This study provides useful theoretical and Practical insights for human resource managers dealing with unethical workplace behavior.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{benkraiem_3324,

title = {Balancing ecology and finance: The impact of carbon performance on dividend payout policy},

author = {Ramzi Benkraiem and Olfa Berrich and Nadia Lakhal and Hamza Nizar and Faten Lakhal},

url = {https://www.sciencedirect.com/science/article/pii/S0275531924005038},

year  = {2025},

date = {2025-02-01},

journal = {Research In International Business And Finance},

volume = {74},

pages = {102710},

abstract = {This paper investigates the effect of corporate carbon performance on the dividend payout policy.

Based on an international sample from 2010 to 2022, the results show that firms that emit less

carbon pay more dividends to their shareholders suggesting that managers are likely to balance

all stakeholders' needs. However, companies distribute less dividends following the Paris

Agreement in 2015. This result suggests that the increased pressure on companies to engage in

sustainability initiatives can reduce the amount of profit available for dividends. Furthermore, the

positive effect of carbon performance on dividend payout policy is accentuated for companies

with strong profitability and high corporate governance quality. Nevertheless, this positive effect

is less prevalent in companies under highly competitive pressure.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{menon_2356,

title = {Examining significance of ?downside beta? as a measure of risk-evidence from Indian equity market},

author = {Sivakumar Menon and Pitabas Mohanty and Uday Damodaran and Divya Aggarwal},

url = {https://www.emerald.com/insight/content/doi/10.1108/IJOEM-01-2021-0026/full/html},

year  = {2025},

date = {2025-01-01},

journal = {International Journal Of Emerging Markets},

volume = {20},

number = {1},

pages = {337-365},

abstract = {Purpose



Many studies have shown that from a theoretical and empirical point of view, downside risk-based measures of risk are better than the traditional ones. Despite academic appeal and practical implications, downside risk has not been thoroughly examined in markets outside developed country markets. Using downside beta as a measure of downside risk, this study examines the relationship between downside beta and stock returns in Indian equity market, an emerging market with unique investor, asset and market characteristics.

Design/methodology/approach



This is an empirical study done by using ranked portfolio return analysis and regression analysis methodologies.

Findings



The study results show that downside risk, as measured by downside beta, is distinctly priced in the Indian equity market. There is a direct positive relationship between downside beta and contemporaneous realized returns, indicating a premium for downside risk. Downside risk carries a higher weightage than upside potential in the aggregate return of the stock portfolios. Downside beta is a better measure of systematic risk than conventional market beta and downside coskewness.

Practical implications



The empirical results support the adoption of downside beta in practice and provide a case for replacing traditional beta with downside beta in asset pricing applications, trading and investment strategies, and capital allocation decision-making.

Originality/value



This is one of the first in-depth studies examining downside beta in Indian equity markets using a broad sample of individual stock returns covering a wide time range of 22 years. To the best of our knowledge, this study is the first one to compare downside beta and downside coskewness using individual stock data from the Indian equity market.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{bzeouich_3032,

title = {Does ownership structure drive the effect of CEO overconfidence on earnings quality?},

author = {Bilel Bzeouich and Florence Depoers and Faten Lakhal},

url = {https://www.emerald.com/insight/content/doi/10.1108/JAAR-10-2022-0265/full/pdf?title=does-ownership-structure-drive-the-effect-of-ceo-overconfidence-on-earnings-quality},

year  = {2025},

date = {2025-01-01},

journal = {Journal of Applied Accounting Research},

volume = {26},

number = {1},

pages = {90-115},

abstract = {Purpose - The purpose of this paper is to examine the effect of chief executive officer (CEO) overconfidence on

earnings quality and the moderating role of ownership structure as a crucial corporate governance device.

Design/methodology/approach - The paper uses the generalized method of moments (GMM) estimation

method to test our models on a sample of 335 French companies between 2009 and 2020, i.e. 4,020 observations.

Findings - The results show that CEO overconfidence negatively affects earnings quality. This result

supports the predictions of behavioral finance theory and suggests that CEO overconfidence is a behavioral

bias that affects the quality of earnings. The authors also examined the effect of different types of ownership

structures on this relationship. The results show the significant role of controlling shareholders, owner-

managers, families and institutional investors in mitigating the negative effect of CEO overconfidence on

earnings quality.

Research limitations/implications - This paper has some limitations. First, other types of ownership

structures could have been analyzed such as state ownership. Second, we ignored the role of the board of

directors as an important governance mechanism in controlling overconfident CEOs' actions.

Practical implications - Companies should be aware of the potential risks associated with CEO

overconfidence, which can compromise the faithful representation of earnings. This highlights the importance

of effective monitoring and internal controls to detect and prevent such practices, which involve the role of

ownership structure.

Originality/value - This paper addresses the effect of CEO overconfidence on earnings quality and provides

new evidence on the role of different ownership structure types in shaping this relationship. Additionally, this

paper sheds new light on how overconfident CEOs may behave in challenging times.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{anastasiou_3097,

title = {Analysing the Effects of Climate Risk on Discouraged Borrowers: Deciphering the Contradictory Forces},

author = {Dimitrios Anastasiou and Antonis Ballis and Christos Kallandranis and Faten Lakhal},

url = {https://onlinelibrary.wiley.com/doi/epdf/10.1111/risa.15071},

year  = {2025},

date = {2025-01-01},

journal = {Risk Analysis},

volume = {45},

number = {1},

pages = {223-239},

abstract = {We examine the impact of climate risk on discouraged borrowers among SMEs in the eurozone, using a unique European Central Bank dataset focusing on the demand side of credit markets. We argue that two opposing channels may exist in this relationship: either climate risk has a negative effect stemming from increased demand for sustainable or climate-resilient projects that enhance creditworthiness, or climate risk has a positive effect arising from heightened climate uncertainty and risk aversion, leading to credit self-rationing among SMEs. Our findings reveal that heightened climate risk prompts SMEs to self-ration credit, leading to higher probabilities of discouraged borrowers. Our research deepens the understanding of the impact of climate risk on credit-related decisions, stressing the need for proactive measures to integrate climate risk assessments into regulatory frameworks and lending practices. The findings underscore the vulnerability of SMEs to climate risk, emphasizing emphasising the importance of tailored support mechanisms for economic resilience.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{shuwaikh_3206,

title = {Insights for sustainable business practices: Comparative impact of independent and corporate venture capital funding on financial and environmental performance},

author = {Fatima Shuwaikh and Agathe Tanguy and Emmanuelle Dubocage and Othman Alolah},

url = {https://www.sciencedirect.com/science/article/pii/S0275531924004252?via%3Dihub},

year  = {2025},

date = {2025-01-01},

journal = {Research In International Business And Finance},

volume = {73},

number = {Part A},

pages = {102632},

abstract = {This study aims to analyze the effects of venture capital (VC) financing schemes on the financial and environmental performance of their VC-backed companies. This research leverages a dataset including 325?U.S. firms between 2002 and 2022 and examines two issues of interest: independent venture capital (IVC) and corporate venture capital (CVC) funding. The results show that IVC-backed companies have significantly better environmental, social, and governance (ESG) ratings and emit fewer greenhouse gases (GHG) emissions when compared to companies backed by CVC. This highlights that the function of IVC is to improve the environmental sustainability of businesses. Together this helps provide a valuable perspective about which VC models (CVC, IVC) does have an impact on how businesses pursue sustainability practices alongside financial performance. This paper contributes to the sustainable entrepreneurship literature by focusing on the importance of funding types with performing sustainable practices.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{paty_3212,

title = {IoT-Enabled Methane Monitoring and LSTM-Based Forecasting System for Enhanced Safety in Underground Coal Mining},

author = {Soumyadeep PATY and Arindam BISWAS and Sonia Djebali and Guillaume Guérard and Supreeti KAMILYA},

url = {https://dl.acm.org/doi/pdf/10.1145/3703460},

year  = {2025},

date = {2025-01-01},

journal = {ACM Transactions on Internet of Things},

volume = {6},

number = {1},

abstract = {Ensuring safety in the mining industry is a critical concern for a nation's industrial advancement. Industry 4.0, characterized by the integration of advanced technologies, is at the forefront of efforts to enhance mining practices. Coal seams contain a range of

hydrocarbon gases, predominantly methane, which is released in significant quantities during mining operations. Effectively

mitigating methane emissions is imperative. The inclusion of methane forecasting allows for the early identification of potential methane emissions, hence results in significance enhancement in mine safety. The research work is focused on real-time remote monitoring and cloud-based forecasting of methane levels in underground coal mines. An Industrial Internet of Things (IIoT) device is developed for data acquisition in underground coal mines, capturing essential parameters such as methane concentration,

temperature, and humidity. The collected data are utilized to train LSTM based multivariate forecasting model. The trained model is

subsequently deployed in the cloud. The experiment is performed in a mine of Eastern Coalfields Limited, India. After the deployment

of the proposed model, the developed IIoT device transmits real-time data, obtained from the mine, to the cloud. Based on the real

time data, our model conducts methane forecasting and communicates results back to the IIoT device. The device issues immediate

alerts when methane levels surpass predefined thresholds. This ensures enhanced safety in mining operations by providing warnings

for both current and forecasted methane concentrations. The forecasted methane concentrations, along with real-time data, are

accessible through mobile applications and a web-based dashboard. The accuracy of the proposed model is measured by mean

absolute error, mean absolute percentage error and root mean square error, which demonstrate values of 156.95 ppm, 4.23% and

191.53 ppm respectively. A comparative study is performed where our model is evaluated against the multivariate Multilayer

Perceptron (MLP), Vector autoregression (VAR) and Auto-Regressive Integrated Moving Average (ARIMA) models. The comparative

study demonstrates that our developed model outperforms the others, showing superior results.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{kadri_3256,

title = {Prediction of Ductile Damage in Composite Material Used in Type IV Hydrogen Tanks by Artificial Neural Network and Machine Learning with Finite Element Modeling Approach},

author = {Kheireddine Kadri and Achraf Kallel and Guillaume Guérard and Abir Ben Abdallah and Sebastien Ballut and Joseph Fitoussi and Mohammadali Shirinbayani},

url = {https://onlinelibrary.wiley.com/doi/10.1002/ente.202401045},

year  = {2025},

date = {2025-01-01},

journal = {Energy Technology},

volume = {13},

number = {1},

pages = {2401045},

abstract = {This study investigates the degradation process of composite materials used in high-pressure hydrogen storage vessels by employing advanced computational techniques. A recurrent neural network, specifically a bidirectional long short-term memory (Bi-LSTM) network, is utilized to predict the temporal evolution of ductile damage. The key degradation features are extracted from finite element modeling (FEM) computations using group method of data handling algorithms and treated as time-series data. Results demonstrate that the Bi-LSTM network can accurately undergo both elastic and plastic behaviors of the composite under tensile strength. Additionally, traditional machine learning (ML) algorithms such as extreme gradient boosting and random forest are employed to forecast strain degradation, showing promising results. This hybrid approach combining FEM, ML, and deep learning provides a comprehensive method for predicting the degradation of composite materials, offering significant potential for optimizing the design and durability of hydrogen storage vessels.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{el_ouadghiri_3266,

title = {Attention to biodiversity and stock returns},

author = {Imane El Ouadghiri and Olfa Kaabia and Jonathan Peillex and Federico Platania and Celina Toscano Hernandez},

url = {https://www.sciencedirect.com/science/article/pii/S1057521924007877?dgcid=coauthor},

year  = {2025},

date = {2025-01-01},

journal = {International Review Of Financial Analysis},

volume = {97},

pages = {103855},

abstract = {Our study empirically explores how public interest in biodiversity influences the financial performance of novel investment solutions that specifically promote biodiversity. We consider three distinct metrics capturing public attention to biodiversity: the daily Google Search Volume index for ?biodiversity?, the daily media coverage of biodiversity, and the daily visits to the ?biodiversity? page on Wikipedia. We also use the UN Biodiversity Conference (COP 15) as quasi-natural experiment. Our econometric analyses reveal a positive association between attention to biodiversity and excess stock returns on biodiversity stock indices. This suggests a growing investor preference for companies with the lowest biodiversity footprints when attention to biodiversity is particularly intense. These fresh insights offer important financial and policy implications.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{affandi_3283,

title = {AI assistant is my new best friend! Role of emotional disclosure, performance expectations and intention to reuse},

author = {Sana AFFANDI and Muhammad Ishtiaq ISHAQ and Ali RAZA and Qurat-ul-ain Talpur and Rehan AHMAD},

url = {https://www.sciencedirect.com/science/article/pii/S0969698924003837?via%3Dihub},

year  = {2025},

date = {2025-01-01},

journal = {Journal Of Retailing And Consumer Services},

volume = {82},

pages = {104087},

abstract = {In this modern era, high-tech companies are launching their AI assistants, considering their role in shaping

consumer behavior. This research sheds light by building a conceptual framework using dual process theory to

determine the impact of AI assistant advantage on user engagement and user emotional disclosure, subsequently

influencing the intention to reuse AI with the moderating role of performance expectation. Using a random

sampling method, a structured questionnaire was used for data collection from 644 consumers. The findings

show that AI assistant advantages positively impact user engagement, and user emotional disclosure increases

the intention to reuse AI assistants. This impact of user engagement and user emotional disclosure, along with

performance expectations, maximizes the reuse intention of AI. Managers and marketers in the AI environment

can insinuate the study methods to increase the intention of reuse and may transform their marketing strategies

to promote their businesses using AI more effectively.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{ishaq_3284,

title = {Ecological consciousness, moral self-identity and green conspicuous behavior: Moderating role of religiosity},

author = {Muhammad Ishtiaq ISHAQ and Rukhsar BALOCH and Ali RAZA and Qurat-ul-ain Talpur and Rehan AHMAD},

url = {https://www.sciencedirect.com/science/article/pii/S0969698924003783?via%3Dihub},

year  = {2025},

date = {2025-01-01},

journal = {Journal Of Retailing And Consumer Services},

volume = {832},

pages = {104082},

abstract = {Due to its substantial ecological imprint, the fashion industry is coming under closer examination in a time of increased environmental awareness. Therefore, the interplay of ecological awareness and sustainable consumption in the fashion industry is the focus of this empirical research. This study examines the mediating role of empowerment and self-transformation between moral self-identity, ecological consciousness consumer behavior (ECCB), and consumers' purchase behaviors, along with the moderating role of religiosity. Under the Value Belief Norm theory paradigm, the hypotheses were assessed after collecting data from 542 consumers in Pakistan. The results indicate that empowerment and self-transformation mediate the relationship between self-identity and ECCB with consumers' purchase behaviors. Also, the results provide strong support for religiosity as the boundary condition. The empirical results add to the body of research by illuminating the complex relationship between environmental consciousness and actual spending behaviors, particularly in the context of fashion.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{gull_3296,

title = {Do Co-Opted Boards Lead to Managerial Obfuscation?  Evidence From the 10-K Report Readability},

author = {Ammar Ali Gull and Asad Ali Rind and Muhamamd Tahir Suleman},

url = {https://onlinelibrary.wiley.com/doi/10.1002/ijfe.3114},

year  = {2025},

date = {2025-01-01},

journal = {International Journal Of Finance & Economics},

abstract = {This paper examines the relationship between board co-option and managerial obfuscation captured through linguistic complexity of 10-K reports. Using 7912 US firm-year observations from 2003 to 2018, we find that firms with a higher proportion of 

co-opted directors obfuscate the readability of the 10-K reports. The findings are robust across various variable definitions, sample specifications and remain significant after addressing endogeneity concerns through multiple approaches, including leadlag regression, entropy balancing, instrumental variable analysis, the system GMM, and difference-in-difference estimations. 

Further analysis reveals that our main finding is driven by firms with weak internal (i.e., those with high CEO power and low 

board meeting attendance) and external (i.e., those with low institutional ownership and less analyst following) monitoring. The 

paper provides useful policy insights and implications for investors, regulators, and policymakers},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{ul_haq_2900,

title = {How and when do perceptions of supervisor evasive knowledge hiding escalate into diminished job performance?},

author = {Inam Ul Haq and Dirk De Clercq and Muhammad Umer Azeem},

url = {https://onlinelibrary.wiley.com/doi/10.1002/cjas.1745},

year  = {2024},

date = {2024-12-01},

journal = {Canadian Journal Of Administrative Sciences-Revue Canadienne Des Sciences De L Administration},

volume = {41},

number = {4},

pages = {558-576},

abstract = {Drawing from social exchange theory, this study investigates how and when supervisor evasive knowledge hiding might lead to lower job performance by employees. The hypotheses were tested with three-round survey data, collected among employees and peers in various industries. Employees' perceptions that their supervisor engages in deceptive knowledge hiding undermine their own performance-enhancing efforts because they develop career plateau beliefs; this explanatory role is particularly salient among employees exposed to despotic leadership. This study pinpoints a notable risk for employees who feel upset when they believe a despotic supervisor is intentionally concealing knowledge: They grow disappointed with their career situation, which prompts them to adopt complacent behavioral responses that likely render it even more challenging to access valuable supervisor knowledge.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{muldoon_3031,

title = {Past is prologue: from human relations to social exchange theory},

author = {Jeffrey Muldoon and Anthony Gould and Jean-Etienne Joullié},

url = {https://www.emerald.com/insight/content/doi/10.1108/QROM-07-2023-2556/full/html},

year  = {2024},

date = {2024-12-01},

journal = {Qualitative Research in Organizations and Management},

volume = {19},

number = {3},

pages = {182-202},

abstract = {Purpose - The purpose of this article is twofold. Its first objective is to bring to the fore the unexplored and neglected origins of social exchange theory (SET) to critique this body of conjecture. This unearthing is illustrated through focusing on the way the theory was developed and how this development was mischaracterised in literature. Its second objective is to invoke the methodological assemblage of ANTi-History and the ?close reading? notion using multiple archival sources to demonstrate their usefulness within the

critical qualitative method debate.

Design/methodology/approach - The historic character of management and organization studies is exemplified through utilizing a combination of textual sources to examine how SET emerged from within the human relations school of thought throughout much of the twentieth century. Specifically, an array of sources

(including archival data) is deployed and closely examined to trace how SET formed and became prevalent in organizational studies over the last decades.

Findings - SET is not only indebted to the human relations movement in general and to Elton Mayo's work in particular (as is well-known), but also to logical positivism and behavioralist-school psychology. As such, Homans' work marked the beginning of a new era in organizational behavior research.

Originality/value - The article highlights the role of historical analyses in interpreting mainstream constructs in organizational behavior. In doing so, it reveals how critical qualitative research leads to understanding some shortcomings of a theory and indicates potential remedies.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{uyar_3036,

title = {Do stockholders appreciate CSR? The role of firm visibility, financial slack, and monitoring},

author = {Ali Uyar and Faten Lakhal and Cemil Kuzey and Abdullah Karaman},

url = {https://reflexion.hec.ca/notice?id=h::069f0393-5928-4c47-aefd-f5f2bef1fb71&locale=en},

year  = {2024},

date = {2024-12-01},

journal = {Management International},

volume = {28},

number = {Spécial},

pages = {92-111},

abstract = {Although numerous past studies have examined the association between corporate social responsibility (CSR) and firm value, the findings have been inconsistent. This study examines how firm visibility, financial slack, and monitoring affected the relationship between CSR and firm value.

We find that CSR performance and its three dimensions, that is, environmental, social, and

governance?have positive effects on firm value. The results also show that under slack resources and strong corporate governance, the positive effect of CSR on firm value is strongly supported. These results suggest that managers should be aware that they can also attract shareholders'

interests in the stock market while addressing stakeholders' concerns, especially when the firm has available financial slack and strong board monitoring.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{partouche-sebban_3243,

title = {Vers une meilleure compréhension de l'engagement communautaire des patients : quels apports pour les praticiens en santé ?},

author = {Judith Partouche-Sebban and Saeedeh Rezaee Vessal},

url = {https://shs.cairn.info/revue-management-et-avenir-2024-5-page-35?lang=fr},

year  = {2024},

date = {2024-12-01},

journal = {Management & Avenir},

volume = {143},

pages = {35 à 55},

abstract = {Cet article s'intéresse à l 'expérience d 'engagement 

communautaire chez les patients en oncologie. Une étude 

qualitative a été menée auprès de 25 patients. Elle révèle un 

lien entre des antécédents individuels et interindividuels, 

quatre valeurs attribuées à l'expérience de l'engagement 

communautaire, et des profils managériaux d'engagés. Ils 

permettent de proposer des recommandations managériales 

aux praticiens et pouvoirs publics pour optimiser le rôle et 

la place des communautés dans le parcours de soin et dans 

la stratégie des politiques publiques.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{kaddouri_3252,

title = {The New Normal of Corporate Sustainability: A Post-pandemic Perspective on Greenwashing Discourse and Manager Perceptions},

author = {Ouiam Kaddouri},

url = {https://www.sciencedirect.com/science/article/pii/S0263237324001804},

year  = {2024},

date = {2024-12-01},

journal = {European Management Journal},

abstract = {Amidst the unprecedented economic backdrop of a global pandemic, the intricate web of greenwashing discourse in times of fake news has woven its threads into the fabric of corporate sustainability, reshaping managers' perceptions and challenging their attitudes toward sustainable decision-making. In a two-phase qualitative study, this research explores the impact of greenwashing discourse on managers' perceptions and attitudes toward sustainability post pandemic in France. The results reveal a disconnection between external greenwashing discourse and the managerial mindset, as claims of greenwashing are often linked to ?fake news.? Furthermore, the study shows that the pandemic has shifted the spotlight onto financial concerns, overshadowing sustainability in strategic decision-making and thereby altering the landscape of corporate responsibility. Going beyond the conventional focus on consumers and clients, this study aims to fill a critical gap in greenwashing research by examining the impact on different stakeholders. In this investigation, we aim to contribute to research on greenwashing discourse by offering more comprehensive understanding of the complexities and nuances involved in managerial perceptions of the discourse and sustainability initiatives in an era marked by unprecedent challenges.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{kefi_3254,

title = {AI-enabled social support chatbot usage: flowing ambivalence and liminalities},

author = {Hajer Kefi and Insaf Khelladi and Zied Mani and Nathalie Veg-Sala},

url = {https://www.tandfonline.com/doi/full/10.1080/12460125.2024.2443226},

year  = {2024},

date = {2024-12-01},

journal = {Journal of Decision Systems},

pages = {1-24},

abstract = {Interest in social and emotional support chatbots has recently surged, making human - chatbot relationships increasingly common. However, users' subjective experiences with these chatbots often extend beyond simple interactions, reflecting the complex dynamics of liminality and ambivalence. Through a netnographic study of the chatbot Replika, we explore how users experience relational liminality, and control and agency liminality. These dynamics contribute to what we term flowing ambivalence, where users feel both comforted and unsettled, fostering dependency on chatbots despite an awareness of their artificial empathy. Our findings suggest that emotional support chatbots provoke complex emotional states that fluctuate and adapt, underscoring the need for nuanced frameworks to understand how users relate to AI tools.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{ahsan_3290,

title = {Let leaders permit nature! Role of employee engagement, environmental values, and sustainable behavioral intentions},

author = {Muhammad Junaid AHSAN and Muhammad Ishtiaq ISHAQ and Ali RAZA and Qurat-ul-ain Talpur},

url = {https://onlinelibrary.wiley.com/doi/10.1002/bse.3898},

year  = {2024},

date = {2024-12-01},

journal = {Business Strategy And The Environment},

volume = {33},

number = {8},

pages = {7905-7921},

note = {The current study examines the relationship between authentic leadership and sustainable behavior intention among employees. We also tested employee engagement as a mediator and environmental value as a boundary condition in Danish manufacturing firms. The data from 346 respondents were obtained using time-lagged and multi-respondent techniques, and the data were analyzed using structural equation modeling. The results revealed that authentic leadership directly impacts sustainable behavior intentions whereas cognitive and behavioral employee engagement mediates the relationship between authentic leadership and sustainable behavioral intentions. Additionally, environmental values strengthen the positive relationship between employee engagement's cognitive and behavioral dimensions and sustainable behavioral intentions. This study advances the social exchange theory by empirically testing the beneficial effects of authentic leadership and employee engagement on the intention to engage in sustainable behavior. We also propose that practitioners emphasize authentic leadership as it can foster employees' environmental values and sustainable behavior intentions that are helpful for the organization's and society's sustainability.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{saharti_3293,

title = {Lending Relationships of Firms for a Just Transition},

author = {Mohammed SAHARTI and Asif SAEED and Sajid M. CHAUDHRY and Muhammad Ali NASIR},

url = {https://onlinelibrary.wiley.com/doi/10.1111/eufm.12535},

year  = {2024},

date = {2024-12-01},

journal = {European Financial Management},

abstract = {This paper examines lending dynamics for firms aiming for a ?just transition?. Analyzing 37,426 firm-year observations from DealScan and Refinitiv's environmental, social and governance (ESG) transition data (2002-2021), we find that lenders offer lower interest rates to firms with prior relationships and strong ESG commitments, particularly environmental ones. While environmental factors receive favourable treatment, economic and governance transitions are less prioritized. Lenders tend to form more dispersed syndicates when supporting firms focused on ESG transitions, especially environmental ones. This research highlights the uneven focus within ESG transitions and emphasizes the underexamined area of governance, providing insights into lending relationships.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{azeem_3313,

title = {How and when do an organization's social sustainability orientation and green human resource practices enhance its sustainable performance?},

author = {Muhammad Umer Azeem and Sami Ullah Bajwa and Haris Aslam and Inam Ul Haq},

url = {https://www.tandfonline.com/doi/epdf/10.1080/09585192.2024.2441452?needAccess=true},

year  = {2024},

date = {2024-12-01},

journal = {International Journal Of Human Resource Management},

abstract = {Drawing from the Resource-based view (RBV) of the firm, this

study investigates how and when organizations' strategic intent

of social sustainability translates into their sustainable firm performance.

In doing so, we explain the mediating role of the

collective affective commitment of employees and the moderating

role of green HRM policies. To test these predictions,

we

conducted two field-survey studies. In study 1, we relied on

time-lagged data, collected in two rounds, from 199 employees

working in three organizations that are green-company

certified by WWF in Pakistan. In study 2, we collected

three-wave time-separated data from 133 employees in twelve

randomly selected organizations. The findings from both studies

provide support for our predictions and reveal that a key

reason why organizations with a social sustainability orientation

achieve higher sustainable performance is that their

employees develop a shared belief that environmental conservation

initiatives are both valued and expected. Moreover, this

process is more salient in organizations that adopt green HRM

policies. That is, green HRM policies reinforce that the organization

is particularly concerned about social sustainability,

therefore, employees become more committed to serving this

cause. The findings of this study have important theoretical

and practical implications for SDGs, HR managers, and

organizations.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{rezaee_vessal_3215,

title = {Multisensory healing: transformative service encounters in nonpharmacological therapies for cancer patients' well-being},

author = {Saeedeh Rezaee Vessal and Mariem El Euch Maalej and Judith Partouche-Sebban and Alain Toledano},

url = {https://www.emerald.com/insight/content/doi/10.1108/jsm-12-2023-0478/full/html},

year  = {2024},

date = {2024-11-01},

journal = {Journal Of Services Marketing},

volume = {38},

number = {8},

pages = {1099-1113},

abstract = {Purpose

This study aims to explore the impact of nonpharmacological therapies on cancer patients' daily illness management and long-term well-being. It focuses on the design and effects of immersive multisensory workshops, including therapies such as yoga, music therapy and visual imagery. By examining individuals' experiences before, during and after the service experience, the study aims to provide comprehensive insights into the transformative effects of these immersive multisensorial experiences from the individuals' perspectives.



Design/methodology/approach

From November 2021 to March 2023, the authors conducted 13 interviews and 3 focus groups (10 participants in total) among cancer patients. Thematic analysis of recorded interviews and focus groups revealed recurring patterns, key themes and meaningful insights from participants' narratives.



Findings

The findings provide insights into individuals' journey of service experiences among cancer patients from a user perspective. By framing the results within the service encounters model, individuals' journey of this immersive multisensory experience is studied in three different periods: the pre-core, the core and the post-core service encounter. The pre-core service encounter includes activities such as information gathering to answer concerns and setting expectations, with the therapy. The core service encounter encompasses the immersive environmental experience, which includes multisensory integration and activity immersion, body-mind reconnection, as well as engaging interactive experiences with service providers, other patients and internal engagement. The post-core service encounter reflects the cognitive, psychological, behavioral and spiritual outcomes of the service.



Originality/value

This paper sheds light on the design of immersive multisensory workshops as nonpharmacological therapy. Adopting a user-focused approach using the service encounters framework helps clarify various aspects of this therapy and its effects on patients' reconnection with their bodies and well-being. This research offers valuable insights for designing effective multisensory therapeutic environments for chronic patients to improve the quality of health-care services.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{saleem_3280,

title = {Exploring the effect of telepresence and escapism on consumer post-purchase intention in an immersive virtual reality environment},

author = {Tayyaba SALEEM and Qurat-ul-ain Talpur and Muhammad Ishtiaq ISHAQ and Ali RAZA and Muhammad JUNAID},

url = {https://www.sciencedirect.com/science/article/pii/S0969698924003102?via%3Dihub},

year  = {2024},

date = {2024-11-01},

journal = {Journal Of Retailing And Consumer Services},

volume = {81},

pages = {104014},

abstract = {As immersive virtual reality technologies become increasingly sophisticated and transform consumers' consumption patterns, the researchers called for empirical studies to uncover the consequences of immersive technology. Accordingly, this study explores the direct impact of immersion on psychological empowerment and post-purchase intentions. We also determine the mediating role of telepresence and escapism and the moderating role of interaction with avatars. Drawing upon telepresence theory, the conceptual framework was tested using data from 330 respondents. The results of structural equation modeling revealed that telepresence and escapism mediate the relationship between immersion, psychological empowerment, and post-purchase behavior. Moreover, interaction with the avatar also acts as a boundary condition between the relationship of immersion with escapism and telepresence. We extended the existing literature by empirically testing the role of immersive technologies and for practitioners to increase post-purchase behaviors by focusing on telepresence and escapism.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{saeed_3402,

title = {Ethical guardians: The multifaceted impact of CSR committee on executives manipulation tendencies},

author = {Asif SAEED and Samreen Hamid and Phassawan Suntraruk and Narjess Toumi},

url = {https://www.sciencedirect.com/science/article/abs/pii/S105905602400710X?via%3Dihub},

year  = {2024},

date = {2024-11-01},

journal = {International Review Of Economics & Finance},

volume = {96},

number = {C},

pages = {103718},

abstract = {By acknowledging the crucial role of the CSR committee in shaping ethical practices within organizations, this research aims to uncover potential connections between corporate ethical supervisory and the prevalence of manipulative actions by corporate executives. Using a sample of Us-listed companies, the findings support the notion that robust CSR frameworks such as the presence of a CSR committee reduce the motivations of manipulative tendencies by executives (measured by restatements). Contrary to conventional beliefs, our findings suggest that the size of the CSR committee does not influence the manipulative tendencies, whereas, the strength of female directors and a higher number of independent directors on the CSR committee has a positive and substantial influence on ethical decision-making, reducing the inclination towards manipulative intentions. Supporting the stakeholder theory notion, we suggest firms with CSR committees display a genuine commitment to stakeholder interests, exhibiting better performance in both social and financial activities. Our study contributes to the ongoing discourse on corporate governance, ethical decision-making, and the broader implications for organizational behavior and outcomes.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{guizani_2350,

title = {Corporate social responsibility and stock price crash risk: the mediating effect of accounting conservatism},

author = {Assil Guizani and Faten Lakhal and Florence Depoers and Emna Brahem},

url = {https://philpapers.org/rec/GUICSR 

doi 10.1504/ijbge.2023.10055064},

year  = {2024},

date = {2024-10-01},

journal = {International Journal of Business Governance and Ethics},

volume = {18},

number = {6},

pages = {651-677},

abstract = {The purpose of this paper is to investigate the effect of corporate social responsibility on the firm-specific stock price crash risk. It also examines how this effect is driven through accounting conservatism. Based on a sample of French-listed firms from the period 2007 to 2016, the authors use GLS regression models on panel data estimated with robust standard errors, clustered at the firm level. The results show that firms' CSR performance is negatively associated with stock price crash risk. These findings suggest that socially responsible firms are less likely to hide bad news and poor performance to comply with stakeholders' ethical expectations, which reduces the stock price crash risk. Furthermore, we find that CSR indirectly decreases the stock price crash risk by enhancing accounting conservatism. This result suggests that accounting conservatism is a channel through which CSR decreases stock price crash risk. Our results provide practical implications for policymakers about the necessity to increase CSR activities as a good corporate governance device.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{brahem_2350,

title = {Corporate social responsibility and stock price crash risk: the mediating effect of accounting conservatism},

author = {Emna Brahem and Florence Depoers and Faten Lakhal and Assil Guizani},

url = {https://philpapers.org/rec/GUICSR 

doi 10.1504/ijbge.2023.10055064},

year  = {2024},

date = {2024-10-01},

journal = {International Journal of Business Governance and Ethics},

volume = {18},

number = {6},

pages = {651-677},

abstract = {The purpose of this paper is to investigate the effect of corporate social responsibility on the firm-specific stock price crash risk. It also examines how this effect is driven through accounting conservatism. Based on a sample of French-listed firms from the period 2007 to 2016, the authors use GLS regression models on panel data estimated with robust standard errors, clustered at the firm level. The results show that firms' CSR performance is negatively associated with stock price crash risk. These findings suggest that socially responsible firms are less likely to hide bad news and poor performance to comply with stakeholders' ethical expectations, which reduces the stock price crash risk. Furthermore, we find that CSR indirectly decreases the stock price crash risk by enhancing accounting conservatism. This result suggests that accounting conservatism is a channel through which CSR decreases stock price crash risk. Our results provide practical implications for policymakers about the necessity to increase CSR activities as a good corporate governance device.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{assaf_2439,

title = {Does policy uncertainty affect non-financial disclosure? Evidence from climate change-related information},

author = {Cynthia Assaf and Mohammed Benlemlih and Imane El Ouadghiri and Jonathan Peillex},

url = {https://onlinelibrary.wiley.com/doi/10.1002/ijfe.2888},

year  = {2024},

date = {2024-10-01},

journal = {International Journal Of Finance & Economics},

volume = {29},

number = {4},

pages = {4613-4629},

abstract = {We examine the relationship between economic policy uncertainty and the release of climate change-related information as a representation of non-financial information. We argue that firms are likely to disclose their climate change-related information to gain ethical legitimacy, especially during uncertain times. Using the policy uncertainty measure from Baker, Bloom, and Davis (2016) and an extensive dataset from the CSRwire platform, we provide strong evidence that policy uncertainty is positively associated with releasing climate change-related news. Our findings are robust to alternative measures of policy uncertainty and when controlling for endogeneity. In a set of additional analyses, we show that the industries within which firms operate and their environmental performance are channels that explain the release of climate-related information. Taken together, our results highlight the role that climate change-related information may play in providing firms with ethical legitimacy and building trust among all stakeholders in times of political uncertainty.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{azeem_2762,

title = {Why and When Do Employees Feel Guilty About Observing Supervisor Ostracism? The Critical Roles of Observers' Silence Behavior and Leader-Member Exchange Quality},

author = {Muhammad Umer Azeem and Inam Ul Haq and Dirk De Clercq and Cong Liu},

url = {https://link.springer.com/article/10.1007/s10551-023-05610-x},

year  = {2024},

date = {2024-10-01},

journal = {Journal Of Business Ethics},

volume = {194},

pages = {317-334},

abstract = {This study investigates why and when employees' observations of supervisors' ostracism of coworkers elicit their own feelings of guilt. In this connection, observers' silence might function as a mediator, and leader-member exchange quality could moderate the process. The tests of these predictions rely on two studies, undertaken in Pakistan: a temporally separated field study using three-wave data (N = 219) and a scenario-based experiment (N = 118). The combined results indicate that employees feel guilty for remaining silent when they witness supervisor ostracism of other colleagues. The positive relationship between such observations of supervisor ostracism and silence behavior is more pronounced among employees who enjoy high-quality relationships with their supervisor. In addition to establishing key theoretical insights, this article alerts organizations to a critical mechanism (silence to avoid upsetting supervisors) by which employees' observations of how supervisors ostracize others can escalate into their own sense of guilt.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{benkraiem_2825,

title = {How does the heterogeneity of institutional investors influence corporate tax avoidance? The moderating role of family ownership},

author = {Ramzi Benkraiem and Faten Lakhal and Afef Slama},

url = {https://www.emerald.com/insight/content/doi/10.1108/IJMF-11-2022-0501/full/html?skipTracking=true},

year  = {2024},

date = {2024-10-01},

journal = {International Journal of Managerial Finance},

volume = {20},

number = {5},

pages = {1144-1169},

abstract = {Purpose: This study provides new insights into the relationship between institutional investors' heterogeneity and corporate tax avoidance. It also investigates whether family ownership moderates this relationship.

Design/methodology/approach: Based on a sample of 200 French listed firms from 2008 to 2017, we use the generalized method of moment (GMM) estimator proposed by Arellano and Bover (1995) and developed by Blundell and Bond (1998) to address endogeneity and omitted variable concerns.

Findings: The results show that passive institutional investors are associated with an increase in the level of tax avoidance. However, active ones significantly decrease the levels of tax avoidance practices. Moreover, we show that institutional activism is not sufficient to control managerial actions, particularly in the context of controlled family businesses. The results suggest that families may expropriate the rights of minority shareholders through a controlling coalition with passive institutional investors.

Originality: This paper extends previous research by investigating the heterogeneity of institutional investors' behavior in terms of horizon, ownership, and control. In addition, this paper sheds a new light on how family firms behave regarding tax avoidance practices in presence of active and passive institutional investors.

Research limitations/implications: This study has several practical implications. First, the results are useful for policymakers who should pay more attention to conflicts of interests and constrain passive institutional investors to provide only one service (asset management). Second, this study may sensitize family owners to the need to collaborate with active institutional investors that are effective in the monitoring of the firm. In particular, families should be willing to sacrifice some of their socioemotional wealth to promote balanced ownership structures that exclude investors with business relationships with the company.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{el_mansouri_2865,

title = {The Cognitive Cost of Going the Extra Mile: How Striving for Improvement Relates to Cognitive Performance},

author = {Mouna El Mansouri and Karoline Strauss and Doris Fay and Julia Smith},

url = {https://psycnet.apa.org/fulltext/2024-86648-001.html},

year  = {2024},

date = {2024-10-01},

journal = {Journal Of Applied Psychology},

volume = {109},

number = {10},

pages = {1592-1610},

abstract = {Organizations are increasingly expecting individuals to engage in task proactivity, that is, to find better ways of doing their job. While prior research has demonstrated the benefits of task proactivity, little is known about its cognitive costs. To investigate this issue, we build theory on how task proactivity affects end-of-day cognitive performance. We propose that task proactivity involves deviating from established ways of working and engaging in cognitively demanding activities requiring high levels of mental effort, which manifest as an erosion of end-of-day cognitive performance. In two daily diary studies, we found that individuals engaging in task proactivity experience lower end-of-day cognitive performance (Study 1 over five consecutive workdays: n = 163, k = 701; Study 2 with multiple daily assessments over seven consecutive workdays: n = 93, k = 471), even when controlling for task performance (Study 1) and beginning-of-day cognitive performance (Study 2). In two experiments, we then show that simulating task proactivity results in greater mental effort and lower routineness but not in greater ego depletion (Study 3: N = 318 and Study 4: N = 319) or increased self-control demands, -effort, or -motivation (Study 4). This provides support for our proposed cognitive pathway. Our findings enhance our understanding of the cognitively demanding nature of task proactivity and provide empirical support for its cognitive costs using a mental fatigue lens. They also suggest that the impact of a cognitively demanding activity like task proactivity may persist throughout the day and carry over to other tasks involving cognitive performance.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{bzeouich_3245,

title = {Do overconfident CEOs make efficient investment decisions?},

author = {Bilel Bzeouich and Florence Depoers and Faten Lakhal},

url = {https://shs.cairn.info/revue-gestion-2000-2023-6-page-169?lang=fr},

year  = {2024},

date = {2024-10-01},

journal = {Gestion 2000 - Management et Prospective},

volume = {40},

number = {6},

pages = {169-185},

abstract = {This study investigates the effects of Chief Executive Officer (CEO) overconfidence, a psychological bias, on corporate investment efficiency. It provides new evidence on how financial constraints shape this relationship. The generalized method of moments estimation method was employed to test the hypotheses on a sample of 335 French firms from 2009 to 2020. The study reveals that CEO overconfidence negatively affects the efficiency of firms' investments by exacerbating the overinvestment problem. This result supports the behavioral finance theory and suggests that overconfident CEOs invest aggressively because they underestimate their risk of failure and overestimate their capabilities. The results also indicate that financial constraints mitigate overconfident CEOs' behavior and serve as a good instrument for enforcing financial discipline and improving investment decision efficiency. Additional evidence suggests that overconfident CEOs made less inefficient investment decisions during the COVID-19 pandemic. These results are important for managers, shareholders, and policymakers as they provide new insights to ensure efficient investment decisions.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{azeem_3249,

title = {When do challenge?hindrance stressors differentially effect employees' ability to meet work deadlines?},

author = {Muhammad Umer Azeem and Iqbal Mahmood and Inam Ul Haq and Elda Nasho Ah-Pine},

url = {http://dx.doi.org/10.1002/cjas.1769},

year  = {2024},

date = {2024-10-01},

journal = {Canadian Journal Of Administrative Sciences-Revue Canadienne Des Sciences De L Administration},

abstract = {This study adds to the extant research by investigating the differential effects

of challenge?hindrance stressors on employees' ability to meet work?related deadlines. We also examine the mediating role of emotional exhaustion and moderating role of core self?evaluation (CSE) in this process. Using multisource,

time?lagged data (N = 203) collected from employee?supervisor

dyads, this study pinpoints an important reason why employees experience of challenge and hindrance stressor invoke differential effects on their ability to meet work?related deadlines is that they feel emotionally exhaustion when faced with stressful work demands. However, employees with high CSE can control themselves in these uncertain situations such that the indirect effects of challenge?hindrance stressors on timely completion of work tasks, via

exhaustion, are less salient for them. The study implications suggest that HR managers and decision makers need to openly communicate the risks and challenges associated with the work demands so that employees can appraise these tasks as either challenging or hindrance. Moreover, involving employees with high levels of CSE would further increase the chances that employees will complete their work tasks on time.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{siddiqi_3282,

title = {Sustainable supply chain, dynamic capabilities, eco-innovation, and environmental performance in an emerging economy},

author = {Roheel Ahmed SIDDIQI and Anna Paola CODINI and Muhammad Ishtiaq ISHAQ and Dima Rachid JAMALI and Ali RAZA},

url = {https://onlinelibrary.wiley.com/doi/10.1002/bse.3976},

year  = {2024},

date = {2024-10-01},

journal = {Business Strategy And The Environment},

abstract = {Organizations can reduce costs and achieve better performance by utilizing supply chain management. However, they face enormous challenges in building eco-friendly supply chains for harmony with nature, especially in emerging economies. Therefore, the current study seeks to determine the direct impact of sustainable supply chain management practices (SSCM) on environmental performance in Pakistani industries. The mediating role of eco-innovation and sustainable, dynamic capabilities and the moderating role of institutional support were also tested. The data from 309 key informants were collected using a multisource approach and analyzed via structural equation modeling. The results indicated that SSCM and eco-innovation positively impact environmental performance, but dynamic capabilities have negatively influenced environmental performance. Additionally, dynamic capabilities and eco-innovation mediate the relationship between SSCM and eco-innovation, and institutional support moderates the relationships positively. These results will enhance the theoretical base in supply chain management literature by exploring the role of SSCM in environmental performance. For practical implications, these results help managers in using institutional support to achieve environmental goals.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{lakhal_2414,

title = {How do socially responsible companies engage in tax avoidance practices? Evidence from France},

author = {Faten Lakhal and Itidel Ben Saad and Nadia Lakhal and Safa Gaaya},

url = {https://reflexion.hec.ca/notice?id=283573d0-bacd-4258-aebd-0be84bdda38c},

year  = {2024},

date = {2024-09-01},

journal = {Management International},

volume = {28},

number = {5},

pages = {55-66},

abstract = {La responsabilité sociale des entreprises (RSE) fait partie du débat plus large sur la question de savoir si les entreprises s'engagent dans la RSE pour promouvoir des intérêts sociaux ou strictement pour atteindre la légitimité et sont donc implicitement impliquées dans une forme de «?greenwashing?». Cet article étudie l'effet de la RSE sur l'évasion fiscale des entreprises. Il examine également les rôles de la gouvernance d'entreprise, de l'effet de levier et de la propriété familiale dans la relation RSE-évasion fiscale. En se basant sur un échantillon des entreprises françaises cotées de 2005 à 2017, les résultats montrent que les entreprises engagées dans la RSE adoptent des pratiques d'évasion fiscale, soutenant les perspectives de gestion des risques et de la théorie de l'agence. Cela suggère que les entreprises adoptent la RSE pour se forger une réputation positive et couvrir des positions fiscales à risque. Les résultats montrent également que les rôles disciplinaires de la dette et de la gouvernance d'entreprise atténuent cet effet positif. Des preuves supplémentaires montrent que les entreprises familiales qui investissent trop dans la RSE sont peu susceptibles de s'engager dans l'évasion fiscale à des fins de richesse socio-économique. Les résultats sont robustes aux mesures alternatives de l'évasion fiscale et aux préoccupations d'endogénéité.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{gull_2682,

title = {Board co-option and corporate environmental orientation: New insights from the waste management perspective},

author = {Ammar Ali Gull and Hoa Luong and Muhammad Nadeem},

url = {https://onlinelibrary.wiley.com/doi/full/10.1111/corg.12567},

year  = {2024},

date = {2024-09-01},

journal = {Corporate Governance-An International Review},

volume = {32},

number = {5},

pages = {758-785},

abstract = {Research Question/Issue

We investigate the impact of board co-option on corporate environmental orientation from the perspective of waste management. As waste presents damaging effects on the natural environment, climate change, and human health, businesses assume an ethical responsibility to conduct their operations in a sustainable and responsible manner.



Research Findings/Insights

Employing firm-level waste production data, we document a significant negative relationship between board co-option and waste generation, suggesting that co-opted directors help firms reduce their waste?a finding that also carries economic significance. The cross-sectional analyses reveal that the relationship only holds when a CEO does not chair the board and has a shorter tenure. Furthermore, we find that the board co-option-waste management relationship is stronger in environmentally sensitive industries and is mainly driven by the manufacturing firms. We perform a battery of analyses to rule out endogeneity concerns and check for the robustness of our results. The channel test reveals that CEOs of firms with higher waste management face lower performance-induced turnover, particularly when working with co-opted boards. Finally, we also find that co-option-induced waste management initiatives ultimately increase firms' economic value.



Theoretical/Academic Implications

We document that co-opted boards may enhance firms' waste management practices by reducing performance-induced CEO turnover. Thus, we make important contributions to the corporate governance and environmentalism strands of the literature by highlighting the bright side of board co-option for waste reduction initiatives.



Practitioner/Policy Implications

Our study provides vital policy implications for regulators and top management teams against the background of public outcry and social pressure to mitigate the damage to the environment and calls for ethical business practices.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{baltazar_3124,

title = {Integrating environmental issues into the design of mobility plans: insights from French practices},

author = {Julien Baltazar and Ghada Bouillass and Flore Vallet and Jakob Puchinger and Nicolas Perry},

url = {https://www.sciencedirect.com/science/article/pii/S0967070X24001823?via%3Dihub},

year  = {2024},

date = {2024-09-01},

journal = {Transport Policy},

volume = {155},

pages = {1-14},

abstract = {Local authorities have a strategic role in mitigating the environmental impacts of the transport sector. However, they struggle to integrate environmental issues into their decision-making processes, especially planning. In the European context of the Sustainable Urban Mobility Plan approach and Strategic Environmental Assessments (SEAs), this paper scrutinises three French localities to determine the current best practices and limitations for designing mobility plans and integrating environmental issues. Several limitations are identified: (1) limited expertise in defining and characterising actions and objectives, which complexifies plans' design, understanding, and monitoring; (2) a lack of a framework to conduct long-term quantitative environmental assessments and to use the results to influence decision effectively; and (3) monitoring processes are barely described in the documents, and the planning horizon where objectives are defined is not in sync with the indicators' mandatory evaluation period. This French case study thus reveals that European planning practices must be further analysed and improved to deal with the rising environmental concerns, e.g. through an operational framework to design mobility plans with effective integration of environmental issues.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{anastasiou_3138,

title = {Monetary policy impact on sustainability: Analyzing interest rates and corporate carbon emissions},

author = {Dimitrios Anastasiou and Antonis Ballis and Assil Guizani and Christos Kallandranis and Faten Lakhal},

url = {https://www.sciencedirect.com/science/article/pii/S0301479724021054},

year  = {2024},

date = {2024-09-01},

journal = {Journal Of Environmental Management},

volume = {368},

pages = {122119},

abstract = {This study aims to investigate the impact of monetary policy on firms' carbon emissions. The primary focus is on the effect of increasing interest rates on the carbon footprint of companies, both prior to and following the implementation of the Paris Agreement in 2015. The results show that there is a positive relationship between interest rates and carbon emissions indicating that in the face of increasing interest rates, companies are more likely to choose short-term financial stability above long-term sustainability objectives. This positive relationship is less prevalent following the Paris Agreement suggesting that policymakers should continue to strengthen global climate initiatives as a pressure for companies to invest in green activities. Additional evidence suggests that the impact of interest rates on carbon emissions is particularly noticeable in situations characterized by elevated levels of economic and policy uncertainty, weak corporate governance quality, and poor investor protection. These results are robust to endogeneity concerns, alternative measures of interest rates, carbon emission, and alternative samples.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{benlemlih_3146,

title = {Crude oil price volatility and environmental performance},

author = {Mohammed Benlemlih and Imane El Ouadghiri and Jonathan Peillex and Cigdem Vural Yavas},

url = {https://www.sciencedirect.com/science/article/pii/S0301479724019248},

year  = {2024},

date = {2024-09-01},

journal = {Journal Of Environmental Management},

volume = {367},

pages = {121938},

abstract = {We study the relationship between crude oil price volatility and corporate environmental performance. Using an extensive dataset from 32 countries consisting of 18,464 firm-year observations, we provide strong evidence that oil price volatility significantly increases firms' environmental performance. Our main inference is robust when using alternative measures of oil price volatility and environmental performance, alternative econometric specifications and samples, and several approaches to control for endogeneity. In a set of additional analyses, we first conduct a difference-in-differences analysis that exploits the Arab Spring as an exogenous oil price volatility increase and document a stronger relationship between oil price volatility and environmental performance in the aftermath of the Arab Spring. We second identify (i) capital expenditures and (ii) alternative energy importation as two mechanisms through which oil price volatility influences environmental performance. We finally show that national culture plays a significant role in moderating the relationship between oil price volatility and environmental performance. Taken together, our empirical findings highlight the role of economic uncertainty in affecting firms' environmental performance and provide significant contributions to management and policymakers.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{scuotto_3158,

title = {Increasing lower incomes and reducing material deprivation: The beneficial role of social robots},

author = {Veronica Scuotto and Luca Vincenzo Ballestra and Maria Teresa Cuomo and Manlio Del Giudice},

url = {https://www.sciencedirect.com/science/article/abs/pii/S0040162524003731?via%3Dihub},

year  = {2024},

date = {2024-09-01},

journal = {Technological Forecasting And Social Change},

volume = {206},

pages = {123577},

abstract = {Material deprivation and the risk of poverty, exacerbated by recent unexpected events such as the ongoing Ukraine-Russia conflict, are significant social issues that profoundly affect the lives of numerous individuals. In contrast, social robots represent problem-solving innovations that have the potential to contribute to the achievement of the 17 sustainable development goals established by the United Nations. This paper investigates the association between the adoption of social robots and the risk of poverty, while also establishing the connection between the diffusion of social robots and the proportion of individuals experiencing material deprivation. The study involves a sample of 28 European countries and utilizes statistical analysis of data collected from 2018 to 2021.By taking into account variables such as average income and the unemployment rate, our findings indicate a negative association between the utilization of social robots and both the risk of poverty and the proportion of individuals living in material deprivation. Therefore, our research offers theoretical and managerial implications, serving as a basis for policymakers and managers to make informed decisions aimed at improving the standard of living for the most marginalized individuals.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{guizani_3169,

title = {Green wealth, green responsibility: How does natural capital influence corporate environmental practices?},

author = {Assil Guizani and Faten Lakhal and Emilie Bonhoure Bawak and Khaled Ghozzi},

url = {https://pdf.sciencedirectassets.com/271750/1-s2.0-S0959652624X00311/1-s2.0-S0959652624029603/main.pdf?X-Amz-Security-Token=IQoJb3JpZ2luX2VjEDIaCXVzLWVhc3QtMSJHMEUCIHnf%2FIEeYG96A66E01seuYyuuu4yp%2BrNWjArymYnAUzkAiEA3p95gArXohafbw2Ijs7ePLFMACb%2BuTlXQFtvvdHTiiIqswUIexAFGgwwNTkwMDM1NDY4NjUiDClparRd%2Faviuup7%2BCqQBeBhX7qCc0m%2BgCa7iSufbPRPr45L5ILiKdlqH05koByF9cFnCzIxjnw903S8%2FC1prIq5A3b9%2FU3AypxmPAuel9ZwzRi7FDnRZRmBKX80NsYm%2B49u35%2FFYfkeQwBADNHxfjTQHkMHLl5cK%2Fc11fTj42TYW9eHIAnhrCi3ICp1cdupUiWLftOcL43ISDdBOIHAYURnd2OOBmOY%2FNImQJyMlsFLnJFylBgIvUd002FbwP2WPMa%2F%2Bg48g9w1Rhd%2F7XX7OSHee4LYnmqxzJop9bMP93mgzZqNwJzbGFT34j%2FsN%2FjkuD%2BVQ%2BGDi3N%2Bwh0ZFrtTFRpCpW%2FcReXhB%2BtEARFFTO07hd3n%2Ffsl9KNOrlEOxGiVQxlfd2MkwsItdEa%2BwdGM3p3GNvFKanPH2z0bdmnc8MGEzu83xdUTye8Vdre3p9vQqTJQlMPLuC9X74rSlpzfebXhDG%2BoFzq8G9RKT6CE9HlBFWM0IGGGUVSoCVLEjNejH5liFNR0caJooh8hrLCwRtZC%2BkY%2FaW5MTh0KSu8vf9QXtybq%2FAED%2BmOxB11Q1HTaYiFBQROZ4l%2B8i0T0avxzpx%2FmHy4%2BsI3LBN6CZhg7TPDLU9p7%2Be7Oi2jZ3GmwAS3aKYbRKodTFzYebgLUxK1YMF3X1RW0ZV8VjQbAxc%2BL5oCIUdzPjd6dGn9m5vU6N7BVY3h6wEK8R8AM33baBITsbaf1gYDSzAMHTtm8cUR571Gh5MJmhR8XJ23YWxF9BZ6kY4fY4tJD1g2aO4TSzZlnSmhJHGXFYeCKw41tnq5f%2Bc7BA8TnfpHCwC9rBZ%2FVOpUSQbYNc8uJ%2FS5wtwc7ZDi2BuF%2FOJxMloT9JWW2TLgvfk%2BZND6PALv%2FZ3cafAifaCvSMIrH67cGOrEBli59mCw9kKxiOzmoyoya%2FPIINZToN3YfmHbWJA5qyHOwcRY7gBmtS%2FcVf2wqoTzLMn9mkGmdEkPyCcxpbmQkmUGgZzrtAi%2FaTi2GTo29Ll4OO9o1kqMIxGsvqg3qVdph9DwMfeIVEZ2K9Pib0lqlybpL0fLjn5EbfE98b2TAn7PAv04bdaCyfwu6rB2w7CGl9LBcE7gnbLH4bFBjlZrzlKjLQtde6bcfJB33k4cyUEnu&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20240930T180729Z&X-Amz-SignedHeaders=host&X-Amz-Expires=300&X-Amz-Credential=ASIAQ3PHCVTYZNVTP2JY%2F20240930%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=0f1b4e482fc57dcb7ccb7b9d0867efa866e1887199e3bcde80425475ba6b8e0b&hash=66fe0e5574fa9018158b676a77c3c141233648425ee440a88878fc89d8e6ad79&host=68042c943591013ac2b2430a89b270f6af2c76d8dfd086a07176afe7c76c2c61&pii=S0959652624029603&tid=spdf-71cd97fb-b318-45ad-8d6e-8dc7c6544092&sid=c5b09a4d9f4ed74605897ca9b1dd419128b3gxrqb&type=client&tsoh=d3d3LnNjaWVuY2VkaXJlY3QuY29t&ua=00115703015155555705&rr=8cb6271f3bb1790a&cc=fr},

year  = {2024},

date = {2024-09-01},

journal = {Journal Of Cleaner Production},

volume = {472},

pages = {143511},

abstract = {This paper aims to understand the effects of natural capital on environmental responsibility. Based on a sample of 28,402 firm-year observations from 60 countries between 2010 and 2018, the results show that natural capital

negatively affects companies' environmental responsibilities. In particular, the availability of non-renewable

natural capital leads firms to overexploit resources, leading to weaker engagement in environmental activ-

ities. We also show that the Paris Agreement in 2015 improved the focus of firms operating in natural capital-rich countries on environmental responsibility. Further evidence shows that the influence of natural capital on

corporate environmental responsibility is more prevalent for firms in developing countries and manufacturing

industries. This negative effect also holds for the emission-reduction and resource-use subdimensions of environmental responsibility. However, renewable natural capital positively affects environmental innovation. Our results are robust to endogeneity concerns.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{bitar_3265,

title = {Women's political empowerment, economic development, and democracy around COVID-19: a cross-country analysis},

author = {Mohammad Bitar and Jonathan Peillex and Imane El Ouadghiri and Hassan Obeid},

url = {https://www.tandfonline.com/doi/full/10.1080/00036846.2024.2394698#abstract},

year  = {2024},

date = {2024-09-01},

journal = {Applied Economics},

pages = {1-19},

abstract = {We study the effect of Women's Political Empowerment (WPE) on COVID-19 contagion using a sample of 48 countries during the pandemic. We find that the number of COVID-19 cases is lower in countries with better WPE. Channels' analyses show that the effect of WPE on COVID-19 contagion is more pronounced in democratic countries and in countries with better economic development. The findings underscore the importance of diverse and gender-inclusive leadership in crisis management. As for policy implications, we show that fostering women empowerment in politics not only advances gender equality but also contributes to a more resilient economy through effective health crisis preparedness and well-crafted response strategies.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{benlemlih_3106,

title = {Low-carbon movement and stock market uncertainty: Insights from international comparisons between fossil fuel companies},

author = {Mohammed Benlemlih and Imane El Ouadghiri and Jonathan Peillex and Federico Platania and Celina Toscano Hernandez},

url = {https://www.sciencedirect.com/science/article/pii/S0140988324004547?dgcid=coauthor},

year  = {2024},

date = {2024-08-01},

journal = {Energy Economics},

volume = {136},

pages = {107746},

abstract = {We study the effect of investor attention to a low-carbon movement?the fossil fuel divestment movement?on stock volatility of fossil fuel companies from both developing and developed countries. Investor attention to this justice movement is measured by the weekly intensity of the Google search for the topic ?fossil fuel divestment?. We employ a sample of 8 regional equity indices that exclusively comprise fossil fuel-related stocks over the 2012-2021 period. We find that investor attention to the fossil fuel divestment movement is positively and significantly related to the realized and conditional volatility of fossil fuel companies from both developing and developed countries. These findings contribute to improve our collective understanding of the implications of climate protection movement on energy sector in both developed and developing countries.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{guizani_3139,

title = {Does climate risk vulnerability affect the value of excess cash? International evidence},

author = {Assil Guizani and Hamza Nizar and Faten Lakhal and Taher Hamza and Ramzi Benkraiem},

url = {https://onlinelibrary.wiley.com/doi/10.1002/ijfe.3035},

year  = {2024},

date = {2024-08-01},

journal = {International Journal Of Finance & Economics},

abstract = {In this paper, we investigate the impact of climate risk on the value of excess

cash. Based on an international sample of 6468 firm-year observations from

2010 to 2019, the results show that climate risk vulnerability positively affects

the value of excess cash. This suggests that investors may consider firms with

excess cash to be better positioned to challenge extreme weather events by

using cash reserves to cover up expenses and maintain operations. This posi-

tive effect is more pronounced for firms operating in countries with strong

investor protection, for those with strong governance quality, and for those

with high corporate social responsibility performance. However, it is less

accentuated in the presence of financial constraints. Overall, our findings have

significant practical implications for decision-makers, investors, and

policymakers.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{ul_haq_3205,

title = {Combined effects of abusive supervision, willpower and waypower on employees' task performance and helping behavior, through quality of work},

author = {Inam Ul Haq and Usman Raja and Muhammad Umer Azeem and Naeem Bajwa Bajwa},

url = {https://www.emerald.com/insight/content/doi/10.1108/joepp-08-2023-0333/full/html?skipTracking=true},

year  = {2024},

date = {2024-08-01},

journal = {Journal of Organizational Effectiveness: People and Performance},

abstract = {Purpose - Extending the efforts of previous scholars, this study examines how abusive supervision

undermines employees' ability to meet performance expectations and propensity to engage in helping

behavior. Specifically, we investigate a hitherto unexplored mediating role of quality of work life (QWL) in this

relationship. We further suggest that employees' psychological resources, namely willpower and waypower,

act as protective shields against this harmful process.

Design/methodology/approach - We tested the proposed hypotheses using multisource (self- and

supervisor-rated) three-wave time-lagged data (N 5 185) collected from employees and their supervisors in

eight organizations that operate in the service sector of Pakistan.

Findings -The findings corroborate our predicted hypotheses. The results indicate that employees' exposure

to abusive supervision deteriorates their quality of work life (QWL), hindering their ability to deliver expected

performance and tendency to help other colleagues. However, this negative process is less pronounced for

employees who possess sufficient psychological resources of willpower and waypower.

Practical implications - This study provides valuable insights to organizations by explicating the process

that undermines employees' ability to channel their energies into performance-enhancing activities when

faced with humiliation from their supervisors.

Originality/value - This study details three previously unexplored factors that explain how and when

abusive behavior steers service sector employees away from meeting performance expectations and assisting

colleagues, via thwarting their quality of work life.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{klishevich_3209,

title = {The omnipresence of the state and its effect on the internationalization of companies: The Russian variety of state capitalism},

author = {Daria Klishevich and Andrei Panibratov},

url = {https://linkinghub.elsevier.com/retrieve/pii/S1075425324000358},

year  = {2024},

date = {2024-08-01},

journal = {Journal Of International Management},

volume = {30},

number = {4},

pages = {101154},

abstract = {State capitalism has been a growing phenomenon since the early 2010s. This is especially the case in emerging markets, in which the state plays a viable and strong role. As it has become particularly prominent due to the international activities of state-owned enterprises (SOEs), state capitalism has been widely discussed in the international business literature. Scholars have emphasized the need to explore the various kinds of state capitalism and to advance our knowledge of its influence on the international activities of firms, beyond that it exerts on SOEs. We proposed the concept of state capitalism as embodied by an omnipresent state that influences the internationalization of both state-owned and private firms. Integrating institutional theory and agency theory, we examined the international activities of Russian SOEs and private firms over the 2013-2018 period and found state ownership and political connections to be the two mechanisms by which state capitalism in Russia can negatively affect the internationalization activities of Russian firms.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{riaz_3292,

title = {Role of social networks and entrepreneurial success: Understanding the dynamics of knowledge acquisition and green entrepreneurial orientation},

author = {Saba RIAZ and Wang YANQING and Muhammad Ishtiaq ISHAQ and Ali RAZA and Roheel Ahmed SIDDIQI},

url = {https://www.sciencedirect.com/science/article/pii/S0959652624025149?via%3Dihub},

year  = {2024},

date = {2024-08-01},

journal = {Journal Of Cleaner Production},

volume = {468},

pages = {143065},

abstract = {Small and medium organizations (SMEs) are the backbone of any country, especially emerging economies like Pakistan. Yet, they hesitate to make long-term investments due to financial and market turbulence, inflation, limited economic opportunities, and political instability, especially in developing countries. In such a context, relying on social networks could benefit entrepreneurs, but its relationship with entrepreneurial success remains unclear. Using network theory as a theoretical standpoint, this study aims to understand the underlying mechanisms of the relationship between social networks and entrepreneurial success in SME industries of Pakistan. The indirect effect of knowledge acquisition and the moderating role of green entrepreneurial orientation are also tested. The data was collected from 311 Pakistani SMEs through a self-administered questionnaire and analyzed using structural equation modeling. The results revealed that social networks strongly influenced knowledge acquisition and entrepreneurial success and confirmed the positive moderating role of green entrepreneurial orientation in all relationships. This study significantly underwrites academic literature by identifying a unique theoretical framework that tests the underlying methods for entrepreneurial success for SMEs in an emerging economy. For practitioners, this study empirically proves the significance of social networks that SME managers should consider during strategic planning to achieve business success.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}