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How Quasi-Internal Resources Enhance Firm Performance During Large-Scale Emergencies: The Role of Trade-Off Between CSR and Business Innovations.
- Source :
- Sustainability (2071-1050); Nov2024, Vol. 16 Issue 21, p9485, 21p
- Publication Year :
- 2024
-
Abstract
- Although quasi-internal resources—such as strategic alliances, long-term partnerships, and collaborative networks—typically enhance a firm's adaptability, their effectiveness can be compromised in crisis situations due to supply chain disruptions, strained partnerships, and volatile market conditions. This research explores how quasi-internal resources influence firm performance through the trade-off between corporate social responsibility (CSR) and business innovation, with a particular focus on the moderating role of market environmental uncertainty. We developed a theoretical model grounded in resource dependence theory and tested our hypotheses using PLS-SEM analysis on data from 397 valid questionnaires collected from various companies. The findings reveal that quasi-internal resources do not directly enhance firm performance during large-scale emergencies. However, they play a critical role in strengthening the trade-off between CSR and business innovation, particularly through strategic adjustments and decision-making processes, which mediate their impact on performance. Conversely, the trade-off in incentive mechanisms does not significantly mediate this relationship. Additionally, market environmental uncertainty positively moderates the relationship between quasi-internal resources and the trade-offs in incentive mechanisms and decision-making processes, but it does not significantly affect strategic adjustments. These insights underscore the importance of strategic resource management in sustaining firm performance amidst uncertainty. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 20711050
- Volume :
- 16
- Issue :
- 21
- Database :
- Complementary Index
- Journal :
- Sustainability (2071-1050)
- Publication Type :
- Academic Journal
- Accession number :
- 180780998
- Full Text :
- https://doi.org/10.3390/su16219485