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  1. Does Greenwashing Pay Off? Understanding the Relationship Between Environmental Actions and Environmental Legitimacy.Pascual Berrone, Andrea Fosfuri & Liliana Gelabert - 2017 - Journal of Business Ethics 144 (2):363-379.
    Do firms gain environmental legitimacy when they conform to external expectations regarding the natural environment? Drawing on institutional logic and signaling theory, we investigate sources of heterogeneity in the impacts of environmental actions on environmental legitimacy. Longitudinal data about 325 publicly traded U.S. firms in polluting industries support the notion that environmental actions help firms gain environmental legitimacy. However, some actions instead can harm this legitimacy if environmental performance deteriorates and the firm is subject to intense scrutiny from nongovernmental organizations. (...)
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  • Activating Corporate Environmental Ethics on the Frontline: A Natural Resource-Based View.Colin B. Gabler, Omar S. Itani & Raj Agnihotri - 2022 - Journal of Business Ethics 186 (1):63-86.
    Corporate environmental ethics has moved from a niche issue within business strategy to a potential source of competitive advantage. Firms, however, are comprised of individuals who vary in their personal beliefs regarding environmental responsibility. Environmental stewards are those employees whose attitudes and actions reflect environmental concern. Top management can convey similar environmental values through the creation of eco-capabilities. Applying logic from the natural resource-based view of the firm, we build a model to test how the alignment of environmental values impacts (...)
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  • Active First Movers vs. Late Free-Riders? An Empirical Analysis of UN PRI Signatories’ Commitment.Tobias Bauckloh, Stefan Schaltegger, Sebastian Utz, Sebastian Zeile & Bernhard Zwergel - 2021 - Journal of Business Ethics 182 (3):747-781.
    Joining voluntary thematic initiatives can be a means for firms to legitimate their business activities. However, a lack of review mechanisms could create incentives for free-riding. This might lead to a lower commitment to the initiative’s principles, and endanger its credibility and its members’ legitimacy benefits. Whether members of voluntary initiatives take advantage of the opportunity to free-ride has not been analyzed empirically so far. To fill this research gap, we investigate from an institutional theory perspective the actual implementation behavior (...)
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  • Does it Pay to Patent Green Innovations? Stock Market Reactions to Family and Nonfamily Firms’ Green Patents.Francesco Chirico, Kimberly A. Eddleston & Pankaj C. Patel - forthcoming - Journal of Business Ethics:1-24.
    Are green patents granted to family firms perceived more favorably by the market than those granted to non-family firms? Using a sample of 8918 green patents granted to family and non-family firms between 2014 and 2018, our study shows that it depends on the attributes of the green patent. Integrating the green innovation and family firm literatures with signaling theory, we develop a theoretical framework that highlights the need for family firms to balance their pursuit of green innovation with signals (...)
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