Boso, N orcid.org/0000-0001-7043-4793, Danso, A, Leonidou, C orcid.org/0000-0003-1831-9733 et al. (3 more authors) (2017) Does financial resource slack drive sustainability expenditure in developing economy small and medium-sized enterprises? Journal of Business Research, 80. pp. 247-256. ISSN 0148-2963
Abstract
While firms continue to commit slack financial resources to sustainability causes, knowledge is lacking on how financial resource slack drives sustainability expenditure under varying conditions of market pressure and political connectedness in a developing-economy market. Using primary data from exporting small and medium sized enterprises in Nigeria, this study shows that increases in financial resource slack are associated with decreases in sustainability expenditure. Additionally, results indicate that the negative effect of financial resource slack on sustainability expenditure becomes positive when levels of market pressure are higher. However, the negative effect relationship is strengthened (i.e. becomes more negative) when levels of political connectedness are greater. We discuss theoretical and managerial implications of these findings.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | (c) 2017, Elsevier Inc. All rights reserved. This is an author produced version of a a paper published in the Journal of Business Research. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Financial resource slack; Sustainability expenditure; Market pressure; Political connectedness; Developing economy |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) The University of Leeds > Faculty of Business (Leeds) > Marketing Division (LUBS) |
Depositing User: | Symplectic Publications |
Date Deposited: | 21 Jun 2017 09:52 |
Last Modified: | 27 Dec 2018 01:38 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.jbusres.2017.06.016 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:117936 |