Sustainability in the face of institutional adversity : Market turbulence , network
نویسندگان
چکیده
Drawing from research on strategic choice, this study investigates the relationship between market turbulence and firms’ sustainable behavior, in the context of sustainabilityrelated institutional adversity. It argues that the relationship between market turbulence and sustainability is mediated by network embeddedness, and this mediating role in turn is moderated by a firm’s innovative orientation. Data collected from a sample of Ontario restaurants inform predictions about firms’ propensity to adopt local wines in their portfolios, despite the limited market and normative support that these wines receive compared with imported wines. The study shows that market turbulence enhances sustainable firm behavior, through the development of strong network relationships. Furthermore, the mediating effect of network embeddedness is particularly salient among firms that exhibit a stronger innovative orientation. These findings reveal how and when turbulent market conditions can contribute to a firm’s sustainable behaviors in the presence of limited institutional support for such behaviors.
منابع مشابه
Marketing Model for Modern and Contemporary Visual Arts in Institutional Context: A Grounded Theory Study on Iran Market
Objective Art business takes place in an institutional context and is highly reliant on the cultural, political, and social content of a society. Because of a variety of reasons such as the profitability of art industry in foreign market, low academic marketing knowledge, the opposing ideas to art economy according to its players, the high rate of graduate students in art disciplines and the n...
متن کاملDouble-Star Detection Using Convolutional Neural Network in Atmospheric Turbulence
In this paper, we investigate the usage of machine learning in the detection and recognition of double stars. To do this, numerous images including one star and double stars are simulated. Then, 100 terms of Zernike expansion with random coefficients are considered as aberrations to impose on the aforementioned images. Also, a telescope with a specific aperture is simulated. In this work, two k...
متن کاملInstitutional Barriers to the Application of Urban Village as a Tool for Achieving Urban Sustainability in Developing Countries - the Case of Asheghabaad, Isfahan, Iran.
متن کامل
For-Profit Hospitals Out of Business? Financial Sustainability During the COVID-19 Epidemic Emergency Response
This perspective argues that for-profit hospitals will be heavily affected by epidemic crises, including the current coronavirus disease 2019 (COVID-19) outbreak. Policy-makers should be aware that for-profit hospitals in particular are likely to face financial distress. The suspension of all non-urgent elective surgery and the relegation of market-based mechanisms that...
متن کاملModeling Stock Return Volatility Using Symmetric and Asymmetric Nonlinear State Space Models: Case of Tehran Stock Market
Volatility is a measure of uncertainty that plays a central role in financial theory, risk management, and pricing authority. Turbulence is the conditional variance of changes in asset prices that is not directly observable and is considered a hidden variable that is indirectly calculated using some approximations. To do this, two general approaches are presented in the literature of financial ...
متن کامل