Exploring the Relationship Between Business Model Innovation, Corporate Sustainability, and Organisational Values within the Fashion Industry

    Research output: Contribution to journalJournal articleResearchpeer-review

    4134 Downloads (Pure)

    Abstract

    The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have their origin in the fundamental principles guiding the organisation. In addition, the study also finds a positive relationship between the core organisational values and financial performance. The analysis of the paper is based on survey responses from 492 managers within the Swedish fashion industry.
    Original languageEnglish
    JournalJournal of Business Ethics
    Volume149
    Issue number2
    Pages (from-to)267–284
    Number of pages18
    ISSN0167-4544
    DOIs
    Publication statusPublished - May 2018

    Bibliographical note

    Published online: 05 February 2016

    Keywords

    • Business model innovation
    • Corporate sustainability
    • Corporate social responsibility (CSR)
    • Organisational values
    • Financial performance

    Cite this

    @article{02378a13c7154cfd8ed9ff962b397b1f,
    title = "Exploring the Relationship Between Business Model Innovation, Corporate Sustainability, and Organisational Values within the Fashion Industry",
    abstract = "The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have their origin in the fundamental principles guiding the organisation. In addition, the study also finds a positive relationship between the core organisational values and financial performance. The analysis of the paper is based on survey responses from 492 managers within the Swedish fashion industry.",
    keywords = "Business model innovation, Corporate sustainability, Corporate social responsibility (CSR), Organisational values, Financial performance, Business model innovation, Corporate sustainability, Corporate social responsibility (CSR), Organisational values, Financial performance",
    author = "Pedersen, {Esben Rahbek Gjerdrum} and Wencke Gwozdz and Hvass, {Kerli Kant}",
    note = "Published online: 05 February 2016",
    year = "2018",
    month = "5",
    doi = "10.1007/s10551-016-3044-7",
    language = "English",
    volume = "149",
    pages = "267–284",
    journal = "Journal of Business Ethics",
    issn = "0167-4544",
    publisher = "Springer",
    number = "2",

    }

    TY - JOUR

    T1 - Exploring the Relationship Between Business Model Innovation, Corporate Sustainability, and Organisational Values within the Fashion Industry

    AU - Pedersen, Esben Rahbek Gjerdrum

    AU - Gwozdz, Wencke

    AU - Hvass, Kerli Kant

    N1 - Published online: 05 February 2016

    PY - 2018/5

    Y1 - 2018/5

    N2 - The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have their origin in the fundamental principles guiding the organisation. In addition, the study also finds a positive relationship between the core organisational values and financial performance. The analysis of the paper is based on survey responses from 492 managers within the Swedish fashion industry.

    AB - The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have their origin in the fundamental principles guiding the organisation. In addition, the study also finds a positive relationship between the core organisational values and financial performance. The analysis of the paper is based on survey responses from 492 managers within the Swedish fashion industry.

    KW - Business model innovation

    KW - Corporate sustainability

    KW - Corporate social responsibility (CSR)

    KW - Organisational values

    KW - Financial performance

    KW - Business model innovation

    KW - Corporate sustainability

    KW - Corporate social responsibility (CSR)

    KW - Organisational values

    KW - Financial performance

    UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=954921376712&rft.object_portfolio_id=&svc.holdings=yes&svc.fulltext=yes

    U2 - 10.1007/s10551-016-3044-7

    DO - 10.1007/s10551-016-3044-7

    M3 - Journal article

    VL - 149

    SP - 267

    EP - 284

    JO - Journal of Business Ethics

    JF - Journal of Business Ethics

    SN - 0167-4544

    IS - 2

    ER -