Abstract
The objective of the article is to assess the influence of corporate social responsibility and Government environmental regulation on sustainable growth and development of Vietnamese seafood enterprises. Data was collected for 3 months with valid votes for analysis of 658 enterprises. The results show that both social responsibility, government environmental regulation, and ecosystem innovation strategies have a statistically significant positive impact on Enterprise sustainable business growth of Vietnamese seafood enterprises. At the same time, the ecosystem innovation strategies are fully mediating in the relationship between Government environmental regulation and Enterprise sustainable business growth.
Highlights
Sustainable development is a fundamental concept in business management research through its association with a competitive advantage
The objective of the article is to assess the influence of corporate social responsibility and Government environmental regulation on sustainable growth and development of Vietnamese seafood enterprises
The results show that both social responsibility, government environmental regulation, and ecosystem innovation strategies have a statistically significant positive impact on Enterprise sustainable business growth of Vietnamese seafood enterprises
Summary
Sustainable development is a fundamental concept in business management research through its association with a competitive advantage. Considerable progress has been made in this area in recent years, including moving away from the narrow definition of sustainability and competitive advantage based on superior economic performance over recognizing the importance of making connections with the economic, social and environmental impacts of business (Harrison et al, 2010). This has been argued from the perspective of corporate sustainability theory from stakeholders, where redefining the main purpose and objectives of the business is part of a system of influential stakeholders by corporate settings and goals (Freeman, 1984). Besides the above-mentioned achievements, the fisheries industry is still revealing many shortcomings and inadequacies, not commensurate with the potential and advantages of the country's fisheries development
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