Taking stock of business strategy and environment (sustainable development): evidence of disparities in research efforts and knowledge gaps - a bibliometric review

Environ Sci Pollut Res Int. 2023 Jul;30(35):83270-83288. doi: 10.1007/s11356-023-28027-5. Epub 2023 Jun 20.

Abstract

Despite a spike in publications on business strategies focused on environmental awareness subjects in recent years, business-environment nexus research has recently been criticized for failing to address urgent issues like climate change. Therefore, we endeavored to do a trend analysis to find knowledge gaps in business studies related to the interaction between businesses, the environment, and society using bibliometric. Our study reveals that the area of business sustainability has evolved over the past decade from an internal conquest to include external indices like the environment, such as the debate over the relative merits of social and economic performance and the greening of management. Our findings point to three (3) main conclusions. (1) Many corporations see the urgency of green practices and have distinctive organizational sustainability and business strategies for environmental crises. (2) Business strategy and environment research are concentrated within developed countries to the neglect of developing countries. (3).The literature on business sustainability has not yet given much attention to the managerial implications and effects of climate change. Therefore, scholars must test and develop business-environmental nexuses to aid in sustainable production and consumption improvement.

Keywords: Business decisions; Business strategy; Economy; Environment; Sustainable development.

MeSH terms

  • Bibliometrics
  • Climate Change
  • Commerce*
  • Humans
  • Organizations
  • Sustainable Development*