---
_id: '47920'
abstract:
- lang: eng
  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>
author:
- first_name: Daniel
  full_name: Reimsbach, Daniel
  id: '100169'
  last_name: Reimsbach
- first_name: Geert
  full_name: Braam, Geert
  last_name: Braam
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>'
  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>'
  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} }'
  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>.'
  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>.'
  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>.'
  short: D. Reimsbach, G. Braam, Business Strategy and the Environment 32 (2022) 304–320.
date_created: 2023-10-10T10:03:22Z
date_updated: 2023-10-30T11:34:56Z
department:
- _id: '186'
- _id: '815'
doi: 10.1002/bse.3131
intvolume: '        32'
issue: '1'
keyword:
- Management
- Monitoring
- Policy and Law
- Strategy and Management
- Geography
- Planning and Development
- Business and International Management
language:
- iso: eng
page: 304-320
publication: Business Strategy and the Environment
publication_identifier:
  issn:
  - 0964-4733
  - 1099-0836
publication_status: published
publisher: Wiley
status: public
title: 'Creating social and environmental value through integrated thinking: International
  evidence'
type: journal_article
user_id: '21810'
volume: 32
year: '2022'
...
---
_id: '47911'
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>
author:
- first_name: Daniel
  full_name: Reimsbach, Daniel
  id: '100169'
  last_name: Reimsbach
- first_name: Rüdiger
  full_name: Hahn, Rüdiger
  last_name: Hahn
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>
  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>
  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} }'
  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>.'
  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>.'
  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>.
  short: D. Reimsbach, R. Hahn, Business Strategy and the Environment 24 (2013) 217–235.
date_created: 2023-10-10T09:18:58Z
date_updated: 2023-10-30T11:37:18Z
department:
- _id: '186'
- _id: '815'
doi: 10.1002/bse.1816
intvolume: '        24'
issue: '4'
keyword:
- Management
- Monitoring
- Policy and Law
- Strategy and Management
- Geography
- Planning and Development
- Business and International Management
language:
- iso: eng
page: 217-235
publication: Business Strategy and the Environment
publication_identifier:
  issn:
  - 0964-4733
  - 1099-0836
publication_status: published
publisher: Wiley
status: public
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
type: journal_article
user_id: '21810'
volume: 24
year: '2013'
...