#5365. How stakeholders affect the pursuit of the Environmental, Social, and Governance. Evidence from innovative small and medium enterprises

August 2026publication date
Proposal available till 13-05-2025
4 total number of authors per manuscript0 $

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Journal’s subject area:
Development;
Management, Monitoring, Policy and Law;
Strategy and Management;
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Abstract:
ESG has become particularly relevant and widespread among a growing number of firms. This dynamic is the consequence of different solicitations to which companies are subject, mainly by stakeholders. To pursue ESG usually requires the implementation of eco-innovations (EI). Until now, literature about the effects of EI on ESG has been predominantly focused on large corporations, while little attention has been paid to SME, particularly to innovative SMEs. Within the ESG framework, this paper investigates how stakeholders influence innovative SME decisions to adopt EIs. To reach this aim, we investigate a probabilistic sample of 222 SMEs using the Partial Least Squares method.
Keywords:
eco-innovation; ESG; mediation analysis; SMEs; stakeholders

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