A theory of credible cross‐temporal corporate commitments as goal‐based private sustainability governance
提出承诺可信度是企业跨期可持续承诺成功的关键因素,结合经济理论分析其如何改变供应商预期并共同创造更可持续的未来,对关注企业可持续治理和供应链管理的学者有参考价值。
Abstract Goal‐based corporate supply chain commitments to zero‐deforestation, carbon neutrality, or sustainable sourcing have become important elements of businesses' sustainability and reputation management practices. However, we still know little about the conditions under which such cross‐temporal commitments are likely to be successful. This article introduces commitment credibility as a crucial but understudied antecedent of success. Drawing on the economic theory of imagined futures, it shows how cross‐temporal signaling via commitments may change suppliers' expectations and related actions and thereby co‐create more sustainable futures. By using insights from credible commitment theory, it argues that this pathway relies on high motivational and/or imperative credibility of the committed company. Contrasting the example of zero‐deforestation commitments in the palm oil sector with commitments to sustainable seafood and no farmworker exploitation, it highlights that the involvement of critical stakeholders (as external accountability partners or third‐party implementing agents) is of particularly high importance for on‐the‐ground success.