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Abstract
Literature has paid detailed attention to the positive financial implications of considering the stakeholders’ environmental concerns. This paper contributes by using a trust framework to delimitate how stakeholders may influence managers’ environmental decisions even if they are not focused on financial objectives. Specifically, we analyse how perceptions of academic department heads about their stakeholders’ ability and benevolence influence the head’s willingness to integrate sustainability issues into the syllabus of the courses. We also investigate the direct and moderating role of the heads’ interest in financial aims and the direct influence of the school environmental proactivity. Our analysis includes a sample of 74 deans in 46 different business and engineering schools and a sample of 95 department heads in the field of management studies of 25 Spanish universities. The hierarchical moderated regression results confirm the positive influence of the ability and benevolence of the stakeholders and the heads’ interest in the financial aims, but not the moderating effects and the influence of the school proactivity. The paper provides research implications on the stakeholders’ dimensions influencing environmental decisions and practical implications showing that managers of organisations who wish to advance their environmental approaches may use partnerships with their stakeholders based upon trust.
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Notes on contributors
Blanca L. Delgado-Márquez
Blanca L. DELGADO-MÁRQUEZ (Prof. Dr). PhD in Economics and Business, University of Granada. She is currently an Associate Professor at the University of Granada (Spain). She is author of a number of articles about social capital (trust, networks) and decision-making processes. She has published in top tier research journals, such as Social Indicators Research, Decision Support Systems, Journal of International Education and Leadership, Journal of Environmental Science and Management, Annals of Operations Research, International Entrepreneurship and Management Journal, and Higher Education, among others.
J. Alberto Aragón-Correa
J. Alberto ARAGÓN-CORREA (Prof. Dr). PhD in Business Administration and Economics, University of Seville. He is a Full Professor of Strategic Management at the University of Granada (Spain) and visiting professor at University of Surrey (UK). His research interests include the connections between natural environment and business strategy. He has published in top tier journals such as Academy of Management Journal, Academy of Management Review, California Management Review, British Journal of Management, Long Range Planning, Journal of Business Research, Ecological Economics, Journal of Environmental Management, Sustainable Development, among others. He has been Deputy Dean in the School of Economics and Business for seven years and Chair of Department of Management at University of Granada. He has lead different research projects supported by the European Commission analyzing how to integrate sustainability in the university. He is Editor-in-chief of the journal Organization & Environment.
Eulogio Cordón-Pozo
Eulogio CORDÓN-POZO (Prof. Dr). PhD in Business Administration and Economics, University of Granada. He is a Full Professor at the University of Granada (Spain). His research interests include the connections between natural environment and international strategy. He has published in top journals such as Industrial Marketing Management, International Journal of Technology Management and Management Decision, among others. He has participated in different research projects supported by the Spanish Ministry of Education analyzing how to integrate sustainability in the university.
Luis Enrique Pedauga
Luis Enrique PEDAUGA (Dr). PhD in Economics, University of Granada. He is an associate lecturer at the University of Granada (Spain). His research interests include the analysis of sustainable issues in the fields both of Management and Economics. He has served as an economist at the Central Bank of Venezuela. He has published in top journals such as Economic Term (Trimestre Económico in Spanish), Spanish Journal of Finance and Accounting, Monetary (Monateria in Spanish), among others. He has participated in different research projects supported by the Spanish Ministry of Education analyzing how to integrate sustainability in the university.