The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have (...) their origin in the fundamental principles guiding the organisation. In addition, the study also finds a positive relationship between the core organisational values and financial performance. The analysis of the paper is based on survey responses from 492 managers within the Swedish fashion industry. (shrink)

Using survey responses from 400 fashion companies in Denmark, Norway, Sweden, Finland, and Iceland, we examine the diversity of strategic responses to institutional pressures for corporate social responsibility within the Nordic fashion industry. We also develop and test a new model of strategic responses to institutional pressures that encompasses both resistance and opportunity-seeking behaviour. Our results suggest that it is inconsistent pressures within, rather than between, stakeholder groups that shape strategic responses to CSR pressures and that increasing pressures stimulates opportunity-seeking (...) at the expense of compliance. (shrink)

Although several studies provide evidence that trait self-control contributes to subjective well-being, the way in which self-control promotes happiness and life satisfaction remains unknown. The present study aims to shed light on this relation by investigating the mediating role of four self-control strategies: situation selection, attentional deployment, reappraisal, and inhibition. To test the hypothesis that self-control strategies mediate trait self-control’s effect on well-being, an online questionnaire on trait self-control, self-control strategies, and cognitive and affective well-being was administered to 4,036 participants (...) from four countries (ages 18 to 65 and 56.4% female), whose responses were analyzed using structural equation modeling. Our analysis replicates previous studies that trait self-control positively relates to subjective well-being. Moreover, our analysis provides evidence that this relation is indeed partially mediated by the tendency to employ particular self-control strategies. Attentional deployment and reappraisal positively relate to subjective well-being, whereas inhibition exhibits a negative relation. Situation selection was unrelated to subjective well-being. The incorporation of self-control strategies represents the first attempt to empirically disentangle the positive relation between trait self-control and subjective well-being. The heterogeneous effects of self-control strategies suggest the importance of obtaining a better understanding of which aspects of trait self-control positively contributes to subjective well-being. (shrink)