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

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    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

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