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The nexus between cultural values and perceptions of corporate sustainable development

Georgios A. Deirmentzoglou (Department of Economics and Business, Neapolis University Pafos, Paphos, Cyprus)
Konstantina K. Agoraki (Department of Tourism Studies, University of Piraeus, Piraeus, Greece)
Patroklos Patsoulis (Department of Economics and Business, Neapolis University Pafos, Paphos, Cyprus)

Social Responsibility Journal

ISSN: 1747-1117

Article publication date: 15 June 2023

Issue publication date: 11 January 2024

292

Abstract

Purpose

This study aims to investigate the influence of cultural values on perceptions of corporate sustainable development (CSD). In recent years, the intensity of the connection between cultural values and SD has been a heavily debated topic. Subsequently, this issue has gained considerable attention from management academics.

Design/methodology/approach

To shed light on this phenomenon, this study uses econometric techniques (linear regression) and conducts a survey of business executives in medium and large firms to search for evidence that cultural values significantly affect perceptions of CSD.

Findings

The findings indicate that forward-looking executives who envision themselves as individuals rather than members of a group exhibit more positive perceptions of CSD practices than the rest.

Originality/value

To the best of the authors’ knowledge, this is the first empirical assessment of cultural values on the perceptions of the three aspects (economic, social and environmental) of CSD.

Keywords

Acknowledgements

The authors would like to extend their sincere gratitude to the editor and two anonymous referees for their diligent review and fruitful comments, which enhanced the merit of this paper. All remaining errors belong to the authors. The usual disclaimer applies.

This research has received funding from Neapolis University Pafos.

Funding information: This study received no external funding.

Conflicts of interest statement: The authors declare that they have no conflicts of interest.

Citation

Deirmentzoglou, G.A., Agoraki, K.K. and Patsoulis, P. (2024), "The nexus between cultural values and perceptions of corporate sustainable development", Social Responsibility Journal, Vol. 20 No. 2, pp. 224-242. https://doi.org/10.1108/SRJ-09-2022-0373

Publisher

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Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

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