文章基本信息

标题：Exploring Environmental Supply Chain Innovation in MA
本地全文：下载
作者：Pavan Manocha ; Jagjit Singh Srai
期刊名称：Sustainability
印刷版ISSN：2071-1050
出版年度：2020
卷号：12
期号：23
页码：10105
DOI：10.3390/su122310105
语种：English
出版社：MDPI, Open Access Journal
摘要：Organisations are challenged with executing innovation for sustainable development within the context of their operations and value networks—networks which are increasingly fuelled by mergers and acquisitions (MAs), and which accounted for USD 4 trillion in global deal value in 2019. While outcomes from MAs may produce mixed results, merger synergies fundamentally change the environmental, social and governance (ESG) footprint of an organisation and its product-supply chain. These compounding challenges of innovation for sustainability and ESG product-supply chain due diligence are not adequately explored in the operations management literature or practically considered during MAs. In this article, we consider those factors that determine “how innovative is the deal?” and explore how environmental supply chain innovation for sustainability might inform MAs. A case study approach is adopted, drawing upon an exemplar deal within the global food product-supply chain for ingredient production, where high MA deal-interest and ESG sustainability considerations exist. The theoretical lens is the resource-based view (RBV) of the firm. A deal analysis framework, integrating key concepts from strategic environmental supply chain management and the MA process literature, is defined. These findings suggest that product design and technology selection factors represent sources of MA value creation when exploring an innovation for sustainability deal thesis. The implication for firms with ambitious environmental agendas or motives is that the MA process needs to be reconfigured, such that product design and technology selection, currently secondary factors, are considered primary drivers. Together, these drivers form substantive strategic considerations and new merger motives of both theoretical and practical relevance, informing a new perspective of operations sustainability targeted MA.