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"AbstractCollaborative consumption (CC) has become an important alternative to ownership-based consumption models, particularly in emerging economies where digital platforms may expand access to goods and services. Although prior research has examined initial adoption, less is known about factors associated with users’ intention to remain engaged beyond first use. This study analyzes committed participation intention in CC among urban adult consumers in Peru. In line with the empirical design, committed participation intention is operationalized through two indicators, intention to continue participating and intention to recommend CC initiatives. Data were collected in 2019, during an early consolidation stage of CC in Peru, through a face-to-face structured survey of 2,050 adults aged 18 to 64 residing in 28 cities across the country’s five macro-regions. Two-stage cluster analysis first identified three committed participation intention segments, high, moderate, and low. Bivariate analyses were then used to profile these segments, while multinomial logistic regression was estimated as the main multivariate analysis to examine the associations between personal values, sociodemographic characteristics, and segment membership. The findings show that membership in higher committed participation intention segments was mainly associated with greater relative Openness to change over Conservation. The Self-transcendence–Self-enhancement value dimension showed a more complex and less consistent pattern. Among sociodemographic characteristics, generation and educational level remained relevant in the multivariate model, whereas other variables showed mainly bivariate or non-robust associations. The study contributes to CC literature by distinguishing committed participation intention from initial adoption and providing empirical evidence from Peru as a Latin American emerging economy."

"In the evolving landscape of ASEAN capital markets, environmental, social, and governance (ESG) disclosure is increasingly recognized as a strategic driver of corporate value, with competitive advantage determining the extent to which its benefits are realized. This study aims to examine how competitive advantage moderates the relationship between ESG disclosure and firm value in the ASEAN emergent context. The study applies panel data comprising 2,801 observations from 726 listed companies in ASEAN during 2015-2023. Regression analysis was conducted using the two-step System Generalized Method of Moments, accompanied by a series of robustness tests. The findings emphasize ESG reporting benefits, as ESG disclosure positively influences all firm value proxies in baseline models (βESG_Tobin’sQ = 0.0034, p-value < 0.05; βESG_LogMC = 0.0040, p-value < 0.01; βESG_PB = 0.0047, p-value < 0.05). The interaction between ESG disclosure and competitive advantage is also positive and significant across the three measures (βESGxCA_Tobin’sQ = 0.0545, p-value < 0.05; βESGxCA_LogMC = 0.0254, p-value < 0.01; βESGxCA_PB = 0.0678, p-value < 0.01). These results suggest that the valuation implications of ESG disclosure are contingent on firms’ competitive advantage, with the estimated marginal effect generally increasing as competitive advantage improves. Accordingly, the study enriches the literature by resonating with the intersection between stakeholder theory and the resource-based view (RBV), demonstrating how competitive advantage conditions the link between ESG disclosure and firm value in ASEAN capital markets. The study suggests that managers should align financial objectives with stakeholder expectations and integrate ESG disclosure into broader corporate strategies to enhance valuation purposes."

Key Topics & Focus Areas for businessperspectives.org:

Environmental Economics

Problems and Perspectives in Management

Knowledge and Performance Management

Innovative Marketing

Banks and Bank Systems

Investment Management and Financial Innovations