2,097
Views
0
CrossRef citations to date
0
Altmetric
Research Article

Circular economy practices and corporate social responsibility performance: the role of sense-giving

ORCID Icon, , , &
Received 03 Nov 2022, Accepted 14 Jul 2023, Published online: 31 Jul 2023

References

  • Accenture. 2014. Circular Advantage: Innovative Business Models and Technologies to Create Value in a Word Without Limits to Growth. Dublin: Accenture-circular-advantage-innovative-business-models-technologies-value-growth.pdf.
  • Agyabeng-Mensah, Y., L. Tang, E. Afum, C. Baah, and E. Dacosta. 2021. “Organisational Identity and Circular Economy: Are Inter and Intra Organisational Learning, Lean Management and Zero Waste Practices Worth Pursuing?” Sustainable Production and Consumption 28: 648–662. https://doi.org/10.1016/j.spc.2021.06.018.
  • Al-Sheyadi, A., L. Muyldermans, and K. Kauppi. 2019. “The Complementarity of Green Supply Chain Management Practices and the Impact on Environmental Performance.” Journal of Environmental Management 242: 186–198. https://doi.org/10.1016/j.jenvman.2019.04.078.
  • Aldrighetti, R., D. Battini, A. Das, and M. Simonetto. 2022. “The Performance Impact of Industry 4.0 Technologies on Closed-Loop Supply Chains: Insights from An Italy Based Survey.” International Journal of Production Research, ahead of print, https://doi.org/10.1080/00207543.2022.2075291.
  • Antonioli, D., C. Ghisetti, M. Mazzanti, and F. Nicolli. 2022. “Sustainable Production: The Economic Returns of Circular Economy Practices.” Business Strategy and the Environment 31 (5): 2603–2617. https://doi.org/10.1002/bse.3046.
  • Balogun, J., J. Bartunek, and B. Do. 2015. “Senior Managers’ Sensemaking and Responses to Strategic Change.” Organization Science 26 (4): 960–979. https://doi.org/10.1287/orsc.2015.0985.
  • Beji, R., O. Yousfi, N. Loukil, and A. Omri. 2021. “Board Diversity and Corporate Social Responsibility: Empirical Evidence from France.” Journal of Business Ethics 173 (1): 133–155. https://doi.org/10.1007/s10551-020-04522-4.
  • Benbenisty, Y., and G. Luria. 2021. “A Time to Act and A Time for Restraint: Everyday Sensegiving in the Context of Paradox’.” Journal of Organizational Behavior 42 (2): 1005–1022. https://doi.org/10.1002/job.2537.
  • Bergh, D. D., and E. N. K. Lim. 2008. “Learning How to Restructure: Absorptive Capacity and Improvisational Views of Restructuring Actions and Performance.” Strategic Management Journal 29 (6): 593–616. https://doi.org/10.1002/smj.676.
  • Beverland, M. B., P. Micheli, and F. J. Farrelly. 2016. “Resourceful Sensemaking: Overcoming Barriers Between Marketing and Design in NPD.” Journal of Product Innovation Management 33 (5): 628–648. https://doi.org/10.5465/AMBPP.2015.16308.
  • Bhappu, A. D., and U. Schultze. 2019. “The Sharing Economy Ideal Implementing an Organisation-sponsored Sharing Platform as A CSR program.” Internet Research 29 (5): 1109–1123. https://doi.org/10.1108/INTR-02-2018-0078.
  • Borusyak, K., P. Hull, and X. Jaravel. 2022. “Quasi-Experimental Shift-Share Research Designs.” The Review of Economic Studies 89 (1): 181–213. https://doi.org/10.1093/restud/rdab030.
  • Boscari, S., P. Danese, and P. Romano. 2016. “Implementation of Lean Production in Multinational Corporations: A Case Study of the Transfer Process from Headquarters to Subsidiaries.” International Journal of Production Economics 176: 53–68. https://doi.org/10.1016/j.ijpe.2016.03.013.
  • Carton, A. M. 2017. ““I’m Not Mopping the Floors, I’m Putting a Man on the Moon”: How NASA Leaders Enhanced the Meaningfulness of Work by Changing the Meaning of Work.” Administrative Science Quarterly 63 (2): 323–369. https://doi.org/10.1177/0001839217713748.
  • Centobelli, P., R. Cerchione, E. Esposito, R. Passaro, and K. Shashi. 2021. “Determinants of the Transition Towards Circular Economy in SMEs: A Sustainable Supply Chain Management Perspective.” International Journal of Production Economics 242 (1-2): 108297. https://doi.org/10.1016/j.ijpe.2021.108297.
  • Chen, L. J., M. Q. Jiang, T. Y. Li, F. Jia, and M. K. Lim. 2023. “Supply Chain Learning And Performance: A Meta-Analysis.” International Journal of Operations & Production Management, ahead of print, https://doi.org/10.1108/IJOPM-05-2022-0289.
  • Chen, L. J., T. Y. Li, F. Jia, and T. Schoenherr. 2022. “The Impact of Governmental COVID-19 Measures on Manufacturers’ Stock Market Valuations: The Role of Labour Intensity and Operational Slack.” Journal of Operations Management, ahead of print, https://doi.org/10.1002/joom.1207.
  • Cheng, B. T., I. Loannou, and G. Serafeim. 2014. “Corporate Social Responsibility and Access to Finance.” Strategic Management Journal 35 (1): 1–23. https://doi.org/10.1002/smj.2131.
  • Choi, D., and T. Hwang. 2015. “The Impact of Green Supply Chain Management Practices on Firm Performance: The Role of Collaborative Capability’.” Operations Management Research 8 (3-4): 69–83. https://doi.org/10.1007/s12063-015-0100-x.
  • Daily, B. F., J. W. Bishop, and J. A. Massoud. 2012. “The Role of Training and Empowerment in Environmental Performance: A Study of the Mexican Maquiladora Industry.” International Journal of Operations & Production Management 32 (5): 631–647. https://doi.org/10.1108/01443571211226524.
  • De Jesus, A., and S. Mendonça. 2018. “Lost in Transition? Drivers and Barriers in the Eco-Innovation Road to the Circular Economy.” Ecological Economics 145: 75–89. https://doi.org/10.1016/j.ecolecon.2017.08.001.
  • De los Rios, I. C., and F. J. S. Charnley. 2017. “Skills and Capabilities for A Sustainable and Circular Economy: The Changing Role of Design.” Journal of Cleaner Production 160: 109–122. https://doi.org/10.1016/j.jclepro.2016.10.130.
  • Demirel, P., and G. O. Danisman. 2019. “Eco-Innovation and Firm Growth in the Circular Economy: Evidence from European Small- and Medium-Sized Enterprises.” Business Strategy and the Environment 28 (8): 1608–1618. https://doi.org/10.1002/bse.2336.
  • Dey, P. K., C. Malesios, D. De, P. Budhwar, S. Chowdhury, and W. Cheffi. 2020. “Circular Economy to Enhance Sustainability of Small and Medium-Sized Enterprises.” Business Strategy and the Environment 29 (6): 2145–2169. https://doi.org/10.1002/bse.2492.
  • Ding, D. X. 2014. “The Effect of Experience, Ownership and Focus on Productive Efficiency: A Longitudinal Study of U.S. Hospitals.” Journal of Operations Management 32 (1-2): 1–14. https://doi.org/10.1016/j.jom.2013.10.002.
  • Firoozi, M., and L. Keddie. 2022. “Geographical Diversity Among Directors and Corporate Social Responsibility.” British Journal of Management 33 (2): 828–863. https://doi.org/10.1111/1467-8551.12481.
  • Fiss, P. C., and E. J. Zajac. 2006. “The Symbolic Management of Strategic Change: Sensegiving via Framing and Decoupling’.” Academy of Management Journal 49 (6): 1173–1193. https://doi.org/10.5465/amj.2006.23478255.
  • Foldy, E. G., L. Goldman, and S. Ospina. 2008. “Sensegiving and the Role of Cognitive Shifts in the Work of Leadership.” The Leadership Quarterly 19 (5): 514–529. https://doi.org/10.1016/j.leaqua.2008.07.004.
  • Fuente, M., L. Ros, and M. Cardós. 2008. “Integrating Forward and Reverse Supply Chains: Application to A Metal-Mechanic Company.” International Journal of Production Economics 111 (2): 782–792. https://doi.org/10.1016/j.ijpe.2007.03.019.
  • Gao, G. Y., and Y. G. Pan. 2010. “The Pace of MNEs’ Sequential Entries: Cumulative Entry Experience and the Dynamic Process.” Journal of International Business Studies 41 (9): 1572–1580. https://doi.org/10.1057/jibs.2010.15.
  • Geng, Y., F. Jia, J. Sarkis, and B. Xue. 2011. “Towards A National Circular Economy Indicator System in China: An Evaluation and Critical Analysis.” Journal of Cleaner Production 23 (1): 216–224. https://doi.org/10.1016/j.jclepro.2011.07.005.
  • Geng, Y., J. Sarkis, and S. Ulgiati. 2016. “Sustainability, Well-Being, and the Circular Economy in China and Worldwide.” Science 6278 (Supplement): 73–76.
  • Ghisellini, P., C. Cialani, and S. Ulgiati. 2016. “A Review on Circular Economy: The Expected Transition to A Balanced Interplay of Environmental and Economic Systems’.” Journal of Cleaner Production 114: 11–32. https://doi.org/10.1016/j.jclepro.2015.09.007.
  • Gholami, R., A. B. Sulaiman, T. Ramayah, and A. Molla. 2013. “Senior Managers’ Perception on Green Information Systems (IS) Adoption and Environmental Performance: Results from A Field Survey.” Information & Management 50 (7): 431–438. https://doi.org/10.1016/j.im.2013.01.004.
  • Gioia, D. A., and K. Chittipeddi. 1991. “Sensemaking and Sensegiving in Strategic Change Initiation.” Strategic Management Journal 12 (6): 433–448. https://doi.org/10.1002/smj.4250120604.
  • Gioia, D. A., and J. B. Thomas. 1996. “Identity, Image, and Issue Interpretation: Sensemaking During Strategic Change in Academia.” Administrative Science Quarterly 41 (3): 370–403. https://doi.org/10.2307/2393936.
  • Glass, C., A. Cook, and A. R. Ingersoll. 2016. “Do Women Leaders Promote Sustainability? Analyzing the Effect of Corporate Governance Composition on Environmental Performance.” Business Strategy and the Environment 25 (7): 495–511. https://doi.org/10.1002/bse.1879.
  • Gochmann, V., D. Stam, and M. Shemla. 2022. “The Boundaries of Vision Communication—The Effects of Vision-Task Goal-Alignment on Leaders' Effectiveness.” Journal of Applied Social Psychology 52 (5): 263–276. https://doi.org/10.1111/jasp.12855.
  • González-Torre, P., M. Álvarez, J. Sarkis, and B. Adenso-Díaz. 2010. “Barriers to the Implementation of Environmentally Oriented Reverse Logistics: Evidence from the Automotive Industry Sector.” British Journal of Management 21 (4): 889–904. https://doi.org/10.1111/j.1467-8551.2009.00655.x.
  • Gorli, M., D. Nicolini, and G. Scaratti. 2015. “Reflexivity in Practice: Tools and Conditions for Developing Organizational Authorship.” Human Relations 68 (8): 1347–1375. https://doi.org/10.1177/0018726714556156.
  • Harjoto, M., I. Laksmana, and R. Lee. 2015. “Board Diversity and Corporate Social Responsibility.” Journal of Business Ethics 132 (4): 641–660. https://doi.org/10.1007/s10551-014-2343-0.
  • Heckman, J. J. 1979. “Sample Selection Bias as a Specification Error.” Econometrica 47 (1): 153–161. https://doi.org/10.2307/1912352.
  • Hill, R. C., and M. Levenhagen. 1995. “Metaphors and Mental Models: Sensemaking and Sensegiving in Innovative and Entrepreneurial Activities.” Journal of Management 21 (6): 1057–1074. https://doi.org/10.1177/014920639502100603.
  • Hussain, M., and M. Malik. 2020. “Organizational Enablers For Circular Economy in the Context of Sustainable Supply Chain Management.” Journal of Cleaner Production 256: 120375. https://doi.org/10.1016/j.jclepro.2020.120375.
  • Inkpen, A. C. 2008. “Knowledge Transfer and International Joint Ventures: The Case of NUMMI and General Motors.” Strategic Management Journal 29 (4): 447–453. https://doi.org/10.1002/smj.663.
  • Jabbour, C. J. C., F. C. A. Santos, and M. S. Nagano. 2010. “Contributions of HRM Throughout the Stages of Environmental Management: Methodological Triangulation Applied to Companies in Brazil.” The International Journal of Human Resource Management 21 (7): 1049–1089. https://doi.org/10.1080/09585191003783512.
  • Jabbour, C. J. C., J. Sarkis, A. B. L. de Sousa Jabbour, D. W. S. Renwick, S. K. Singh, O. Grebinevych, I. Kruglianskas, and M. G. Filho. 2019. “Who is in Charge? A Review and A Research Agenda on the ‘Human Side’ of the Circular Economy.” Journal of Cleaner Production 222: 793–801. https://doi.org/10.1016/j.jclepro.2019.03.038.
  • Jabbour, C. J. C., S. Seuring, A. B. L. de Sousa Jabbour, D. Jugend, P. D. C. Fiorini, H. Latan, and W. C. Izappi. 2020. “Stakeholders, Innovative Business Models for the Circular Economy and Sustainable Performance of Firms in an Emerging Economy Facing Institutional Voids.” Journal of Environmental Management 264: 110416. https://doi.org/10.1016/j.jenvman.2020.110416.
  • Jia, F., D. Li, G. Q. Liu, H. Sun, and J. E. Hernandez. 2020a. “Achieving Loyalty for Sharing Economy Platforms: An Expectation–Confirmation Perspective.” International Journal of Operations & Production Management 40 (7-8): 1067–1094. https://doi.org/10.1108/IJOPM-06-2019-0450.
  • Jia, F., S. Y. Yin, L. J. Chen, and X. W. Chen. 2020b. “The Circular Economy in the Textile and Apparel Industry: A Systematic Literature Review.” Journal of Cleaner Production 259: 120728. https://doi.org/10.1016/j.jclepro.2020.120728.
  • Jiang, H. Y., Y. Y. Hu, K. Su, and Y. H. Zhu. 2021. “Do Government say-on-pay Policies Distort Managers’ Engagement in Corporate Social Responsibility? Quasi-Experimental Evidence from China.” Journal of Contemporary Accounting & Economics 17 (2): 100259. https://doi.org/10.1016/j.jcae.2021.100259.
  • Johnson, R. A., and D. W. Greening. 1999. “The Effects of Corporate Governance and Institutional Ownership Types on Corporate Social Performance.” Academy of Management Journal 42 (5): 564–576. https://doi.org/10.2307/256977.
  • Karuppiah, K., B. Sankaranarayanan, S. M. Ali, C. J. C. Jabbour, and R. K. A. Bhalaji. 2021. “Inhibitors to Circular Economy Practices in the Leather Industry Using An Integrated Approach: Implications for Sustainable Development Goals in Emerging Economies.” Sustainable Production and Consumption 27: 1554–1568. https://doi.org/10.1016/j.spc.2021.03.015.
  • Khan, O., T. Daddi, and F. Iraldo. 2020. “Microfoundations of Dynamic Capabilities: Insights from Circular Economy Business Cases.” Business Strategy and the Environment 29 (3): 1479–1493. https://doi.org/10.1002/bse.2447.
  • Khan, S. A. R., A. Razzaq, Z. Yu, and S. Miller. 2021a. “Industry 4.0 and Circular Economy Practices: A New Era Business Strategies for Environmental Sustainability.” Business Strategy and the Environment 30 (8): 4001–4014. https://doi.org/10.1002/bse.2853.
  • Khan, S. A. R., Z. Yu, S. Sarwat, D. I. Godil, S. Amin, and S. Shujaat. 2021b. “The Role of Block Chain Technology in Circular Economy Practices to Improve Organisational Performance.” International Journal of Logistics Research and Applications 25 (4-5): 605–622. https://doi.org/10.1080/13675567.2021.1872512.
  • Kirchherr, J., L. Piscicelli, R. Bour, E. Kostense-Smit, J. Muller, A. Huibrechtse-Truijens, and M. P. Hekkert. 2018. “Barriers to the Circular Economy: Evidence from the European Union (EU).” Ecological Economics 150: 264–272. https://doi.org/10.1016/j.ecolecon.2018.04.028.
  • Klos, C., and P. Spieth. 2021. “Ready, Steady, Digital?! How Foresight Activities Do (Not) Affect Individual Technological Frames for Managerial Sensemaking.” Technological Forecasting and Social Change 163: 120428. https://doi.org/10.1016/j.techfore.2020.120428.
  • Korhonen, J., A. Honkasalo, and J. Seppala. 2018. “Circular Economy: The Concept and Its Limitations.” Ecological Economics 143: 37–46. https://doi.org/10.1016/j.ecolecon.2017.06.041.
  • Kostova, T., and K. Roth. 2002. “Adoption of An Organizational Practice by Subsidiaries of Multinational Corporations: Institutional and Relational Effects.” Academy of Management Journal 45 (1): 215–233. https://doi.org/10.2307/3069293.
  • Kraft, A., J. L. Sparr, and C. Peus. 2018. “Giving and Making Sense About Change: The Back and Forth Between Leaders and Employees’.” Journal of Business and Psychology 33 (1): 71–87. https://doi.org/10.1007/s10869-016-9474-5.
  • Kumar, M., R. D. Raut, S. Jagtap, and V. K. Choubey. 2022. “Circular Economy Adoption Challenges in the Food Supply Chain for Sustainable Development.” Business Strategy and the Environment. ahead of print. https://doi.org/10.1002/bse.3191
  • Kuo, L. P., C. C. Yeh, and H. C. Yu. 2011. “Disclosure of Corporate Social Responsibility and Environmental Management: Evidence from China.” Corporate Social Responsibility and Environmental Management 19 (5): 273–287. https://doi.org/10.1002/csr.274.
  • Langeler, G. E. 1992. “The Vision Trap.” Harvard Business Review 70 (2): 46–54.
  • Lara, D. Z., and C. Phillipa. 2015. “HRM Practices Used to Promote pro-Environmental Behavior: A UK Survey.” The International Journal of Human Resource Management 26 (16): 2121–2142. https://doi.org/10.1080/09585192.2014.972429.
  • Lazarevic, D., and H. Valve. 2017. “Narrating Expectations for the Circular Economy: Towards A Common and Contested European Transition.” Energy Research & Social Science 31: 60–69. https://doi.org/10.1016/j.erss.2017.05.006.
  • Li, G., N. Li, and S. Sethi. 2021. “Does CSR Reduce Idiosyncratic Risk? Roles of Operational Efficiency and AI Innovation.” Production and Operations Management 30: 2027–2045. https://doi.org/10.1111/poms.13483.
  • Lim, I., and D. D. Nguyen. 2021. “Hometown Lending.” Journal of Financial and Quantitative Analysis 56 (8): 2894–2933. https://doi.org/10.1017/S0022109020000769.
  • Liu, W. H., X. Y. Liu, X. R. Shi, J. H. Hou, V. Shi, and J. X. Dong. 2023. “Collaborative Adoption of Blockchain Technology: A Supply Chain Contract Perspective.” Frontiers of Engineering Management 10 (1): 121–142. https://doi.org/10.1007/s42524-022-0239-8.
  • Liu, W. H., W. Y. Wei, T. M. Choi, and X. Y. Yan. 2022. “Impacts of Leadership on Corporate Social Responsibility Management in Multi-Tier Supply Chains.” European Journal of Operational Research 299 (2): 483–496. https://doi.org/10.1016/j.ejor.2021.06.042.
  • Locke, E. A., and G. P. Latham. 2009. “Has Goal Setting Gone Wild, or Have Its Attackers Abandoned Good Scholarship?” Academy of Management Perspectives 23 (1): 17–23. https://doi.org/10.5465/amp.2009.37008000
  • Maitlis, S., and T. B. Lawrence. 2007. “Triggers and Enablers of Sensegiving in Organizations.” Academy of Management Journal 50 (1): 57–84. https://doi.org/10.5465/amj.2007.24160971
  • Mantere, S., H. A. Schildt, and J. A. A. Sillince. 2012. “Reversal of Strategic Change.” Academy of Management Journal 55 (1): 172–196. https://doi.org/10.5465/amj.2008.0045.
  • Marinova, D., J. Ye, and J. Singh. 2008. “Do Frontline Mechanisms Matter? Impact of Quality and Productivity Orientations on Unit Revenue, Efficiency, and Customer Satisfaction.” Journal of Marketing 72 (2): 28–45. https://doi.org/10.1509/jmkg.72.2.28.
  • Mazzucchelli, A., R. Chierici, M. Del Giudice, and I. Bua. 2022. “Do Circular Economy Practices Affect Corporate Performance? Evidence from Italian Large-sized Manufacturing Firms.” Corporate Social Responsibility and Environmental Management 29 (6): 2016–2029. https://doi.org/10.1002/csr.2298.
  • McGuinness, P. B., J. P. Vieito, and M. Z. Wang. 2017. “CSR Performance in China: The Role of Board Gender and Foreign Ownership.” Journal of Corporate Finance 42: 75–99. https://doi.org/10.1016/j.jcorpfin.2016.11.001.
  • Millar, N., E. McLaughlin, and T. Borger. 2019. “The Circular Economy: Swings and Roundabouts?” Ecological Economics 158: 11–19. https://doi.org/10.1016/j.ecolecon.2018.12.012.
  • Moktadir, M. A., A. Kumar, S. M. Ali, S. K. Paul, R. Sultana, and J. Rezaei. 2020. “Critical Success Factors for A Circular Economy: Implications for Business Strategy and the Environment.” Business Strategy and the Environment 29 (8): 3611–3635. https://doi.org/10.1002/bse.2600.
  • Mumford, M. D., T. L. Friedrich, J. J. Caughron, and C. L. Byrne. 2007. “Leader Cognition in Real-World Settings: How Do Leaders Think About Crises?” The Leadership Quarterly 18 (6): 515–543. https://doi.org/10.1016/j.leaqua.2007.09.002.
  • Murray, A., K. Skene, and K. Haynes. 2017. “The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in A Global Context.” Journal of Business Ethics 140 (3): 369–380. https://doi.org/10.1007/s10551-015-2693-2.
  • Nakamura, E., and J. Steinsson. 2014. “Fiscal Stimulus in a Monetary Union: Evidence from US Regions.” American Economic Review 104 (3): 753–792. https://doi.org/10.1257/aer.104.3.753.
  • Rao, K., and C. Tilt. 2016. “Board Composition and Corporate Social Responsibility: The Role of Diversity, Gender, Strategy and Decision Making.” Journal of Business Ethics 138 (2): 327–347. https://doi.org/10.1007/s10551-015-2613-5.
  • Ravi, V., and R. Shankar. 2005. “Analysis of Interactions among the Barriers of Reverse Logistics.” Technological Forecasting and Social Change 72 (8): 1011–1029. https://doi.org/10.1016/j.techfore.2004.07.002.
  • Robert, K., and L. Ola. 2020. “Reflexive Sensegiving: An Open-Ended Process of Influencing the Sensemaking of Others During Organizational Change.” European Management Journal 39 (4): 476–486. https://doi.org/10.1016/j.emj.2020.10.007.
  • Rouleau, L. 2005. “Micro-practices of Strategic Sensemaking and Sensegiving: How Middle Managers Interpret and Sell Change Every Day.” Journal of Management Studies 42 (7): 1413–1441. https://doi.org/10.1111/j.1467-6486.2005.00549.x.
  • Sendlhofer, T., and D. Tolstoy. 2022. “How Employees Shape CSR Transparency: A Sensemaking Perspective.” Journal of Business Research 150: 268–278. https://doi.org/10.1016/j.jbusres.2022.05.074.
  • Sonenshein, S. 2010. “We're Changing—Or Are We? Untangling the Role of Progressive, Regressive, and Stability Narratives During Strategic Change Implementation.” Academy of Management Journal 53 (3): 477–512. https://doi.org/10.5465/amj.2010.51467638.
  • Stam, D., R. G. Lord, and B. Wisse. 2014. “An Image of Who We Might Become: Vision Communication, Possible Selves, and Vision Pursuit.” Organization Science 25 (4): 1172–1194. https://doi.org/10.1287/orsc.2013.0891.
  • Stewart, R., and M. Niero. 2018. “Circular Economy in Corporate Sustainability Strategies: A Review of Corporate Sustainability Reports in the Fast-Moving Consumer Goods Sector.” Business Strategy and the Environment 27 (7): 1005–1022. https://doi.org/10.1002/bse.2048.
  • Stock, J. H., and M. Yogo. 2005. “Testing for Weak Instruments in Linear IV Regression”, Andrews DWK Identification and Inference for Econometric Models. New York: Cambridge University Press, 80–108.
  • Takacs, F., D. Brunner, and K. Frankenberger. 2022. “Barriers to A Circular Economy in Small- and Medium-Sized Enterprises and Their Integration in A Sustainable Strategic Management Framework.” Journal of Cleaner Production 362: 132227. https://doi.org/10.1016/j.jclepro.2022.132227.
  • Teixeira, G. F. G., and O. Canciglieri. 2019. “How to Make Strategic Planning for Corporate Sustainability?” Journal of Cleaner Production 230: 1421–1431. https://doi.org/10.1016/j.jclepro.2019.05.063.
  • Termeer, C. J. A. M., and T. A. P. Metze. 2019. “More Than Peanuts: Transformation Towards A Circular Economy Through A Small-Wins Governance Framework.” Journal of Cleaner Production 240: 118272. https://doi.org/10.1016/j.jclepro.2019.118272.
  • Tisch, D., and J. Galbreath. 2019. “Building Organizational Resilience Through Sensemaking: The Case of Climate Change and Extreme Weather Events.” Business Strategy and the Environment 27 (8): 1197–1208. https://doi.org/10.1002/bse.2062.
  • Ul-Durar, S., U. Awan, A. Varma, S. Memon, and A. L. Mention. 2023. “Integrating Knowledge Management and Orientation Dynamics for Organization Transition from Eco-Innovation to Circular Economy.” Journal of Knowledge Management, ahead of print, https://doi.org/10.1108/JKM-05-2022-0424.
  • Urbinati, A., D. Chiaroni, and V. Chiesa. 2017. “Towards A New Taxonomy of Circular Economy Business Models.” Journal of Cleaner Production 168: 487–498. https://doi.org/10.1016/j.jclepro.2017.09.047.
  • Veleva, V., G. Bodkin, and S. Todorova. 2017. “The Need for Better Measurement and Employee Engagement to Advance a Circular Economy: Lessons from Biogen’s “Zero Waste” Journey.” Journal of Cleaner Production 154: 517–529. https://doi.org/10.1016/j.jclepro.2017.03.177.
  • Wei, W. Y., W. H. Liu, O. Tang, C. W. Dong, and Y. J. Liang. 2023. “CSR Investment for a Two-Sided Platform: Network Externality and Risk Aversion.” European Journal of Operational Research 307 (4): 694–712. https://doi.org/10.1016/j.ejor.2022.08.048.
  • Weiser, A. K. 2020. “The Role of Substantive Actions in Sensemaking During Strategic Change.” Journal of Management Studies 58 (3): 815–848. https://doi.org/10.1111/joms.12621.
  • Yamoah, F. A., U. Sivarajah, K. Mahroof, and I. G. Pena. 2022. “Demystifying Corporate Inertia Towards Transition to Circular Economy: A Management Frame of Reference.” International Journal of Production Economics 244: 108388. https://doi.org/10.1016/j.ijpe.2021.108388.
  • Yang, Y., L. J. Chen, F. Jia, and Z. Xu. 2019. “Complementarity of Circular Economy Practices: An Empirical Analysis of Chinese Manufacturers.” International Journal of Production Research 57 (20): 6369–6384. https://doi.org/10.1080/00207543.2019.1566664.
  • Yi, X. J., K. Sheng, T. Yu, Y. Y. Wang, and S. H. Wang. 2020. “R&D Investment and Financing Efficiency in Chinese Environmental Protection Enterprises: Perspectives of COVID-19 and Supply Chain Financial Regulation.” International Journal of Logistics Research and Applications 25 (4-5): 569–590. https://doi.org/10.1080/13675567.2020.1856800.
  • Zerbino, P. 2022. “How To Manage the Circular Economy Rebound Effect: A Proposal For Contingency-Based Guidelines.” Journal of Cleaner Production 378: 134584. https://doi.org/10.1016/j.jclepro.2022.134584.
  • Zhou, W. C., B. W. Lin, L. Su, and J. D. Houghton. 2022. “Spiritual Leadership and Employee CSR Participation: A Probe from a Sensemaking Perspective.” Journal of Business Ethics, ahead of print, https://doi.org/10.1007/s10551-022-05227-6.
  • Zhu, Q., Y. Geng, and K. H. Lai. 2011. “Environmental Supply Chain Cooperation and Its Effect on the Circular Economy Practice-Performance Relationship among Chinese Manufacturers.” Journal of Industrial Ecology 15 (3): 405–419. https://doi.org/10.1111/j.1530-9290.2011.00329.x.
  • Zhu, Q., and J. Sarkis. 2004. “Relationships Between Operational Practices and Performance among Early Adopters of Green Supply Chain Management Practices in Chinese Manufacturing Enterprises.” Journal of Operations Management 22 (3): 265–289. https://doi.org/10.1016/j.jom.2004.01.005.