Sustainability core values and sustainability risk management: Moderating effects of top management commitment and stakeholder pressure
研究可持续性核心价值观与风险管理的关系,发现高层管理承诺正向调节,而利益相关者压力负向调节,基于斯里兰卡企业调查数据。
Abstract This study examines the moderating effects of top management commitment and stakeholder pressure on the relationship between sustainability core values and sustainability risk management (SRM). We collected survey data from senior management in both local and multinational organisations in Sri Lanka. Data were analysed via partial least squares structural equation modelling. We find that the extent to which organisations integrate sustainability into core values has a significant positive impact on SRM. As predicted, top management commitment to sustainability positively moderates the relationship. However, contrary to our expectation, stakeholder pressure for sustainability shows a negative effect on the relationship. We add novel insights into the strategic conformity of internal and external sustainability drivers on SRM.