Impact of corporate motives for sustainable sourcing: key moderating role of regulatory pressure.

Organizational decisions and their motivations are crucial for successfully implementing sustainable sourcing practices (SSP). Still, there is scant research on how SSPs are impacted by corporate motives (CM). To fill this research gap, we formed a three-tiered stakeholder theory (ST) based paradigm that accounts for the moderating impact of regulatory pressure (RP) while examining the relationship between different types of corporate motives (instrumental, relational, and moral) and SSP. Partial least squares structural equation modeling (PLS-SEM) was used to examine data collected from 248 respondents in the Pakistani manufacturing industry. The outputs of SEM disclosed that all CMs affect SSP. RP also confoundedly moderated these targeted relationships. Importance performance map analysis (IPMA) showed that regulatory pressure (0.319) and relational motives (67.38) are more important and perform better than all other exogenous variables. This study sheds light on corporate strategies and decision-making in multi ways. All dimensions of CM greatly enhance SSP directly and through RP, as RP firmly moderates these associations, indicating the relevance of ST. Finally, this empirical investigation ends with a framework of testable assertions and many future research endeavors on environmental sustainability.

Environmental administrative penalty, environmental disclosures, and the firm's cash flow: evidence from manufacturing firms in China.

Environmental administrative penalty is a strong tool for the government to regulate environmental pollution. The influence of an environmental administrative penalty on a firm's cash flow has become a hot topic in academics and industry. By employing ordinary least square and the bootstrap method, it is established that the penalty significantly reduces the firm's cash flow in the succeeding year through incremental disclosures which play a mediating role. Further, we distinguished environmental information's nature and then measured it from negative, sensitive (hard) information and positive (soft) information aspects. However, it is found that the mediating effect of the two types of disclosure increment did not exist, respectively. These results help us to comprehend the significance of environmental management to the stability of corporate cash flow and have practical illumination to corporate environmental management and environmental pollution control.