Statistics

Psychology

Multinational corporation

Stakeholder theory

Ecology

Materials science

Social psychology

Conformity

Composite material

Economics

Sustainability organizations

Sustainability reporting

Structural equation modeling

Environmental resource management

Finance

Business

Mathematics

Biology

Moderation

Political science

Management

Stakeholder engagement

Stakeholder

Core (optical fiber)

Public relations

Sustainability

Business Strategy and the Environment

This study examines the moderating effects of top management commitment and stakeholder pressure on the relationship between sustainability core values and sustainability risk management (SRM). We collected survey data from senior management in both local and multinational organisations in Sri Lanka. Data were analysed via partial least squares structural equation modelling. We find that the extent to which organisations integrate sustainability into core values has a significant positive impact on SRM. As predicted, top management commitment to sustainability positively moderates the relationship. However, contrary to our expectation, stakeholder pressure for sustainability shows a negative effect on the relationship. We add novel insights into the strategic conformity of internal and external sustainability drivers on SRM.

Sustainability core values and sustainability risk management: Moderating effects of top management commitment and stakeholder pressure