Sustainable business model adoption among S&P 500 firms: A longitudinal content analysis study

By Paavo Ritala, Pontus Huotari, Nancy M. P. Bocken, Laura Albareda, Kaisu Puumalainen. 2018

278 citations recorded by the source corpus.

In this study, we examine the diversity of sustainable business models adopted by the largest global corporations — those listed in the S&P 500 index — over the period 2005–2014. We examine press release communications during this period, which represent public data about business-relevant events. We expect that examining this communication can reveal longitudinal patterns in the adoption of sustainable business activities and models. Empirically, we utilize academic and practitioner expert panels to build a set of keywords across nine sustainable business model archetypes and utilize automated content analysis to examine the breadth and nature of a firm's sustainable business activities and practices. We find evidence of the increasing prominence of different types of sustainable business models over time. In particular, the results show that large capitalized firms have mostly adopted the environmentally-oriented archetypes, and to much lesser extent the societal and organizational ones.

Subfields: Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/11342a0b8a22aff1c40e7761a56ab35b8e967961

Citations in the corpus

• A decade of the sharing economy: Concepts, users, business and governance perspectives (2020, unknown): “Examples of successful sustainable business model implementation are also rare (Ritala et al., 2018), and there is the ‘designimplementation gap’ (Baldassarre et al.”