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Key leaders' sustainable decision making: The roles of key leaders' sustainability mindset.

Authors :
Mai, Bui Thi Thanh
Mai, Le Thi Thu
Hung, Nguyen Vu
Anh, Vu Tuan
Source :
Business Strategy & Development; Mar2024, Vol. 7 Issue 1, p1-11, 11p
Publication Year :
2024

Abstract

In order to achieve a competitive advantage in the market, enhance a positive brand reputation, and respond to consumers' requirement, organizations' key leaders may have to make sustainable decisions for the sake of the environment, the society and the organization simultaneously. In this study, Buddhism and compassion are proposed to extend the sustainability mindset framework in understanding key leaders' sustainable decision making to achieve a balance between concerns for environmental, societal, and economic outcomes. Data from a survey of 142 key leaders who are business owners, entrepreneurs, and managers in SMEs and startups in Vietnam provide evidence that Buddhist teaching and lifestyles are important predictors of key leaders' sustainable decision making through the mediator of compassion. Furthermore, the study also revealed that Buddhism positively and significantly influences compassion. This research, thus, makes contribution to the extant literature regarding factors influencing key leaders' sustainable decision making. Practical implications are also discussed. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
25723170
Volume :
7
Issue :
1
Database :
Complementary Index
Journal :
Business Strategy & Development
Publication Type :
Academic Journal
Accession number :
176246072
Full Text :
https://doi.org/10.1002/bsd2.322