[{"abstract":[{"text":"<jats:title>Abstract</jats:title><jats:p>Integrated thinking (IT) is a managerial mindset increasingly discussed in the context of value creation. Through the lens of systems theory, this study examines how the degree to which IT is embedded in a firm's strategy and day‐to‐day business processes is associated with the firm's social and environmental value creation. Using a broad international dataset, we find strong evidence that our measure of IT is positively related to a firm's sustainability performance (SP), which we use to operationalize social and environmental value creation (or erosion). Our results also reveal that the increase in a firm's SP might come at the cost of a short‐term decrease in financial performance (FP). We find no indication, however, that IT induces a trade‐off between SP and long‐term FP. Integrated thinking appears to stipulate long‐term financial value creation instead. We further explore moderating factors within the organizational and institutional context of our sample firms and highlight implications for society, corporate practice, and policymaking.</jats:p>","lang":"eng"}],"publication":"Business Strategy and the Environment","keyword":["Management","Monitoring","Policy and Law","Strategy and Management","Geography","Planning and Development","Business and International Management"],"language":[{"iso":"eng"}],"year":"2022","issue":"1","title":"Creating social and environmental value through integrated thinking: International evidence","publisher":"Wiley","date_created":"2023-10-10T10:03:22Z","status":"public","type":"journal_article","_id":"47920","department":[{"_id":"186"},{"_id":"815"}],"user_id":"21810","intvolume":"        32","page":"304-320","citation":{"ama":"Reimsbach D, Braam G. Creating social and environmental value through integrated thinking: International evidence. <i>Business Strategy and the Environment</i>. 2022;32(1):304-320. doi:<a href=\"https://doi.org/10.1002/bse.3131\">10.1002/bse.3131</a>","ieee":"D. Reimsbach and G. Braam, “Creating social and environmental value through integrated thinking: International evidence,” <i>Business Strategy and the Environment</i>, vol. 32, no. 1, pp. 304–320, 2022, doi: <a href=\"https://doi.org/10.1002/bse.3131\">10.1002/bse.3131</a>.","chicago":"Reimsbach, Daniel, and Geert Braam. “Creating Social and Environmental Value through Integrated Thinking: International Evidence.” <i>Business Strategy and the Environment</i> 32, no. 1 (2022): 304–20. <a href=\"https://doi.org/10.1002/bse.3131\">https://doi.org/10.1002/bse.3131</a>.","mla":"Reimsbach, Daniel, and Geert Braam. “Creating Social and Environmental Value through Integrated Thinking: International Evidence.” <i>Business Strategy and the Environment</i>, vol. 32, no. 1, Wiley, 2022, pp. 304–20, doi:<a href=\"https://doi.org/10.1002/bse.3131\">10.1002/bse.3131</a>.","bibtex":"@article{Reimsbach_Braam_2022, title={Creating social and environmental value through integrated thinking: International evidence}, volume={32}, DOI={<a href=\"https://doi.org/10.1002/bse.3131\">10.1002/bse.3131</a>}, number={1}, journal={Business Strategy and the Environment}, publisher={Wiley}, author={Reimsbach, Daniel and Braam, Geert}, year={2022}, pages={304–320} }","short":"D. Reimsbach, G. Braam, Business Strategy and the Environment 32 (2022) 304–320.","apa":"Reimsbach, D., &#38; Braam, G. (2022). Creating social and environmental value through integrated thinking: International evidence. <i>Business Strategy and the Environment</i>, <i>32</i>(1), 304–320. <a href=\"https://doi.org/10.1002/bse.3131\">https://doi.org/10.1002/bse.3131</a>"},"publication_identifier":{"issn":["0964-4733","1099-0836"]},"publication_status":"published","doi":"10.1002/bse.3131","date_updated":"2023-10-30T11:34:56Z","volume":32,"author":[{"first_name":"Daniel","last_name":"Reimsbach","id":"100169","full_name":"Reimsbach, Daniel"},{"first_name":"Geert","last_name":"Braam","full_name":"Braam, Geert"}]},{"volume":24,"author":[{"first_name":"Daniel","full_name":"Reimsbach, Daniel","id":"100169","last_name":"Reimsbach"},{"full_name":"Hahn, Rüdiger","last_name":"Hahn","first_name":"Rüdiger"}],"date_updated":"2023-10-30T11:37:18Z","doi":"10.1002/bse.1816","publication_identifier":{"issn":["0964-4733","1099-0836"]},"publication_status":"published","intvolume":"        24","page":"217-235","citation":{"ama":"Reimsbach D, Hahn R. The Effects of Negative Incidents in Sustainability Reporting on Investors’ Judgments–an Experimental Study of Third‐party Versus Self‐disclosure in the Realm of Sustainable Development. <i>Business Strategy and the Environment</i>. 2013;24(4):217-235. doi:<a href=\"https://doi.org/10.1002/bse.1816\">10.1002/bse.1816</a>","ieee":"D. Reimsbach and R. Hahn, “The Effects of Negative Incidents in Sustainability Reporting on Investors’ Judgments–an Experimental Study of Third‐party Versus Self‐disclosure in the Realm of Sustainable Development,” <i>Business Strategy and the Environment</i>, vol. 24, no. 4, pp. 217–235, 2013, doi: <a href=\"https://doi.org/10.1002/bse.1816\">10.1002/bse.1816</a>.","chicago":"Reimsbach, Daniel, and Rüdiger Hahn. “The Effects of Negative Incidents in Sustainability Reporting on Investors’ Judgments–an Experimental Study of Third‐party Versus Self‐disclosure in the Realm of Sustainable Development.” <i>Business Strategy and the Environment</i> 24, no. 4 (2013): 217–35. <a href=\"https://doi.org/10.1002/bse.1816\">https://doi.org/10.1002/bse.1816</a>.","short":"D. Reimsbach, R. Hahn, Business Strategy and the Environment 24 (2013) 217–235.","bibtex":"@article{Reimsbach_Hahn_2013, title={The Effects of Negative Incidents in Sustainability Reporting on Investors’ Judgments–an Experimental Study of Third‐party Versus Self‐disclosure in the Realm of Sustainable Development}, volume={24}, DOI={<a href=\"https://doi.org/10.1002/bse.1816\">10.1002/bse.1816</a>}, number={4}, journal={Business Strategy and the Environment}, publisher={Wiley}, author={Reimsbach, Daniel and Hahn, Rüdiger}, year={2013}, pages={217–235} }","mla":"Reimsbach, Daniel, and Rüdiger Hahn. “The Effects of Negative Incidents in Sustainability Reporting on Investors’ Judgments–an Experimental Study of Third‐party Versus Self‐disclosure in the Realm of Sustainable Development.” <i>Business Strategy and the Environment</i>, vol. 24, no. 4, Wiley, 2013, pp. 217–35, doi:<a href=\"https://doi.org/10.1002/bse.1816\">10.1002/bse.1816</a>.","apa":"Reimsbach, D., &#38; Hahn, R. (2013). The Effects of Negative Incidents in Sustainability Reporting on Investors’ Judgments–an Experimental Study of Third‐party Versus Self‐disclosure in the Realm of Sustainable Development. <i>Business Strategy and the Environment</i>, <i>24</i>(4), 217–235. <a href=\"https://doi.org/10.1002/bse.1816\">https://doi.org/10.1002/bse.1816</a>"},"department":[{"_id":"186"},{"_id":"815"}],"user_id":"21810","_id":"47911","type":"journal_article","status":"public","date_created":"2023-10-10T09:18:58Z","publisher":"Wiley","title":"The Effects of Negative Incidents in Sustainability Reporting on Investors’ Judgments–an Experimental Study of Third‐party Versus Self‐disclosure in the Realm of Sustainable Development","issue":"4","year":"2013","language":[{"iso":"eng"}],"keyword":["Management","Monitoring","Policy and Law","Strategy and Management","Geography","Planning and Development","Business and International Management"],"publication":"Business Strategy and the Environment","abstract":[{"lang":"eng","text":"<jats:title>ABSTRACT</jats:title><jats:p>This study examines how the disclosure of negative sustainability‐related incidents affects the investment‐related judgments of decision‐makers. Participants in a sequential 2 × 2 between‐subjects experiment first received a company's financial information before viewing additional sustainability information (by the company and by a non‐governmental organization (NGO); with and without negative disclosure). Results indicate that self‐reporting of negative incidents does not affect decision‐makers’ stock price estimates and investment decisions compared with judgments based on financial information only. However, third‐party disclosure of these incidents by a NGO has a negative affect on these investment‐related judgments. Furthermore, the magnitude of the NGO reporting effect depends on whether the company itself simultaneously reports these incidents. Thus, disclosing negative incidents in sustainability reporting could lose some of its apparent stigma. Instead of avoiding negative reporting altogether, managers might use it as a risk mitigation tool in their reporting strategy. The results also emphasize the power of the often‐mentioned ‘watchdog’ function of NGOs acting as stakeholder advocates. Copyright © 2013 John Wiley &amp; Sons, Ltd and ERP Environment</jats:p>"}]}]