Environmental performance feedback and supply base stability: a behavioral framework
基于企业行为理论和监管焦点理论，研究了企业如何根据环境绩效反馈调整供应基础，发现负面反馈促使稳定供应基础，正面反馈则降低稳定性，且预防焦点和促进焦点分别调节这两种反应。
Purpose Drawing upon the behavioral theory of the firm (BTOF) and regulatory focus theory (RFT), this study investigates whether firms adjust their supply bases in response to environmental performance feedback (EPF) and how the two regulatory foci (i.e. prevention focus and promotion focus) moderate their responses. Design/methodology/approach To test our hypotheses, we analyze a panel dataset of 2,641 manufacturing firms from 2009 to 2023 using fixed-effects regression models. Findings We find that negative EPF leads firms to stabilize their supply bases, whereas positive EPF drives them to reduce stability. Furthermore, a prevention focus encourages supply base adjustments under negative EPF, while a promotion focus accelerates supply base dynamics under positive EPF. Originality/value This study extends the BTOF literature by uncovering the distinctive influences of EPF on supply chain decisions. By complementing the BTOF with RFT, we introduce a comprehensive framework to better understand firm behaviors in reaction to EPF.