IDEAS home Printed from https://ideas.repec.org/p/ags/uhgewp/338798.html
   My bibliography  Save this paper

Die Kraft von Awards. Umfrage unter Unternehmen und Vergabeinstitutionen in Deutschland 2023

Author

Listed:
  • Gebhardt, Beate
  • Hellstern, Laura

Abstract

Die Forschung zu den Effekten von Nachhaltigkeitsawards und ihrem Potenzial zur einer Nachhaltigkeitstransformation beizutragen stellt aus wissenschaftlicher Sicht eine Nische dar. Vor dem Hintergrund einer zunehmenden Vielzahl an Awards in der Praxis, die sich an Unternehmen richten, multiplen Krisen, die Unternehmen in unterschiedlicher Weise „stören“ sowie neuen EU-Regelungen, wie zur evidenzbasierten Unte¬rnehmens¬¬kommuni¬kation über öko¬logische Aspekte, ist die Frage nach der Kraft von Awards neu zu beleuchten und Antworten wichtiger als zuvor. In einer Doppel¬studie im Rahmen des Deutschen Bundes¬stiftung Umwelt (DBU) geförderten Projekts SIEGER, wurden dazu im Früh¬jahr 2023 deutschland¬weiten Vergabe¬institutionen von Awards sowie Unternehmen online befragt. Ziel war es, herauszufinden, welche Effekte Nachhaltigkeitsawards (NHA) aus Sicht von Ver¬gabe¬-institutionen, den Award-Geber*innen, und von Unter¬nehmen, den Award-Nehmer*innen, haben und welchen Beitrag sie zu einer Nach¬haltig¬keitstransformation leisten können. Nachhaltigkeitsawards werden meist positive bis sehr positive Effekte zugeschrieben, sowohl auf der Mikroebene (Mitarbeiter*innenmotivation), vor allem aber auf der Mesoebene (Imagegewinn; Wahrnehmung), weniger auf der Makroebene (ökologische Aspekte; soziale Aspekte). Die Bewertung der Kraft von Awards, deren Wirkungs¬richtung und Stärke, in dieser Studie ist perzipiert und wird durch das unterschiedliche Framing der Befragten geprägt. Award-Geber*innen und Preisträger*innen überschätzen die Wahr¬nehmung von Awards von Dritten sowie die externen Lerneffekte (Nachahm-effekte). Der Themenfokus Nachhaltigkeit lässt Ver¬gabe¬¬institutionen von Nachhaltigkeits¬awards die anvisierten ökologische Effekte einer Award¬vergabe überzeichnen. Aus Sicht der meisten Befragten können Awards zur Nachhaltigkeits¬trans¬formation bei¬tragen. NHA wird im Vergleich zu anderen Awards dabei mehr Kraft und ein positiverer Beitrag zur Nachhaltig-keitstransformation zugeschrieben. Die Analyse verdeutlicht zudem, Awards sind ein Spiegel der aktuellen politischen und gesellschaftlichen Forderungen und Entwicklungen. Jenseits eines ökologischen Claims „Nach¬¬haltigkeits¬¬award“ integrieren Awards sozial-ökologische Aspekte in ihren An¬forderungen an die unter¬nehmerischen Teilnehmenden des Wettbewerbs. Die Weiterentwicklung von Nachhaltigkeitsawards kann demnach durch eine interne Entwicklung auf Seiten der Vergabeinstitutionen erfolgen und durch externe Ma߬nahmen unterstützt werden. ---------- From an academic perspective, research on the effects of sustainability awards and their potential to contribute to sustainability transformation represents a niche. Against the backdrop of an increasing number of awards targeting companies and multiple crises "disrupting" companies in different ways and new EU regulations, such as on evidence-based corporate communication on environmental aspects, the question of the power of awards needs to be re-examined and answers are more important than ever. In a double study within the framework of the SIEGER project funded by the Deutsche Bundesstiftung Umwelt (DBU), awarding institutions and companies throughout Germany were surveyed online in spring 2023. The objective was to discover first the effects of sustainability awards from the point of view of award-giving institutions, the donators, and companies, the award-recipients, and second the contribution they can make to a sustainability transformation. Sustainability awards are mostly attributed positive to very positive effects, both on the micro level (employee motivation), but especially on the meso level (image gain; awareness), less so on the macro level (ecological aspects; social aspects). The evaluation of the power of awards, their direction of impact and strength, in this study is perceived and is shaped by the different framing of the respondents. Award donors and winners overestimate the perception of awards by third parties as well as the external learning effects (imitation effects). The thematic focus on sustainability leads awarding institutions to overstate the intended ecological effects of an award. The majority of respondents believe that awards can contribute to sustainability transformation. Compared to other awards, sustainability awards are seen as having more power and making a more positive contribution to sustainability transformation. The analysis also shows that awards are a mirror of current political and social demands and developments. Beyond the ecological claim "sustainability award", awards integrate socio-ecological aspects in their requirements for the entrepreneurial participants of the competition. The further development of sustainability awards can therefore be achieved through internal development on the part of the awarding institutions and supported by external measures.

Suggested Citation

  • Gebhardt, Beate & Hellstern, Laura, 2023. "Die Kraft von Awards. Umfrage unter Unternehmen und Vergabeinstitutionen in Deutschland 2023," Working Papers 338798, Universitaet Hohenheim, Institute of Agricultural Policy and Agricultural Markets.
  • Handle: RePEc:ags:uhgewp:338798
    DOI: 10.22004/ag.econ.338798
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/338798/files/HAA37.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.338798?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Lyon, Thomas & Lu, Yao & Shi, Xinzheng & Yin, Qie, 2013. "How do investors respond to Green Company Awards in China?," Ecological Economics, Elsevier, vol. 94(C), pages 1-8.
    2. Yu Wu & Yingyi Hu, 2021. "Chinese-style incentives: The intraindustry ripple effects of CEO awards," PLOS ONE, Public Library of Science, vol. 16(6), pages 1-18, June.
    3. Bruno S Frey & Jana Gallus, 2016. "Honors: A rational choice analysis of award bestowals," Rationality and Society, , vol. 28(3), pages 255-269, August.
    4. Michael Kosfeld & Susanne Neckermann, 2011. "Getting More Work for Nothing? Symbolic Awards and Worker Performance," American Economic Journal: Microeconomics, American Economic Association, vol. 3(3), pages 86-99, August.
    5. Bruno S. Frey & Susanne Neckermann, 2006. "Auszeichnungen: Ein vernachlässigter Anreiz," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 7(2), pages 271-284, May.
    6. Gebhardt, Beate, 2021. "Quo vadis? Ansätze der Qualitätssicherung von Nachhaltigkeitswettbewerben für Unternehmen," Working Papers 312467, Universitaet Hohenheim, Institute of Agricultural Policy and Agricultural Markets.
    7. Jérémy Celse & Bruno S. Frey & Gilles Grolleau & Naoufel Mzoughi, 2022. "The unexpected power of negative awards," Kyklos, Wiley Blackwell, vol. 75(3), pages 385-393, August.
    8. Beate Gebhardt & Ines Kefer, 2019. "Ansätze und Herausforderungen der Implementierung von ESG-Kriterien in Wettbewerben und der unternehmerischen Nachhaltigkeitsbewertung," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 88(3), pages 81-96.
    9. Frank J. Fabozzi & Peck Wah Ng & Diana E. Tunaru, 2021. "The impact of corporate social responsibility on corporate financial performance and credit ratings in Japan," Journal of Asset Management, Palgrave Macmillan, vol. 22(2), pages 79-95, March.
    10. Gilles Grolleau & Naoufel Mzoughi, 2022. "How research institutions can make the best of scandals – once they become unavoidable," Post-Print hal-03908837, HAL.
    11. Susanne Neckermann & Reto Cueni & Bruno S. Frey, 2009. "What is an Award Worth? An Econometric Assessment of the Impact of Awards on Employee Performance," CESifo Working Paper Series 2657, CESifo.
    12. Yu-Shan Wang & Yi-Jie Chen, 2017. "Corporate social responsibility and financial performance: event study cases," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 12(2), pages 193-219, July.
    13. Robert D. Klassen & Curtis P. McLaughlin, 1996. "The Impact of Environmental Management on Firm Performance," Management Science, INFORMS, vol. 42(8), pages 1199-1214, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Luo, Lianfa & Cheng, Zhiming & Ye, Qingqing & Cheng, Yanjun & Smyth, Russell & Yang, Zhiqing & Zhang, Le, 2023. "Nonmonetary Awards and Innovation: Evidence from Winning China's Top Brand Contest," GLO Discussion Paper Series 1345, Global Labor Organization (GLO).
    2. Bruno S. Frey & Susanne Neckermann, 2010. "Awards as Signals," CESifo Working Paper Series 3229, CESifo.
    3. Gunther Capelle-Blancard & Aurélien Petit, 2019. "Every Little Helps? ESG News and Stock Market Reaction," Journal of Business Ethics, Springer, vol. 157(2), pages 543-565, June.
    4. Bruno S. Frey & Susanne Neckermann, 2013. "Awards play an important role," Chapters, in: Francisco Cabrillo & Miguel A. Puchades-Navarro (ed.), Constitutional Economics and Public Institutions, chapter 17, pages 313-321, Edward Elgar Publishing.
    5. Hammermann, Andrea & Mohnen, Alwine, 2014. "The pric(z)e of hard work," Journal of Economic Psychology, Elsevier, vol. 43(C), pages 1-15.
    6. Yalin Zhou & Jing Cao & Yujia Feng, 2021. "Stock Market Reactions to Pollution Information Disclosure: New Evidence from the Pollution Blacklist Program in China," Sustainability, MDPI, vol. 13(4), pages 1-13, February.
    7. Biao Li & Kekun Wu, 2017. "The Price of Environmental Sustainability: Empirical Evidence from Stock Market Performance in China," Sustainability, MDPI, vol. 9(8), pages 1-16, August.
    8. Jérémy Celse & Bruno S. Frey & Gilles Grolleau & Naoufel Mzoughi, 2022. "The unexpected power of negative awards," Kyklos, Wiley Blackwell, vol. 75(3), pages 385-393, August.
    9. Franklin G. Mixon & Benno Torgler & Kamal P. Upadhyaya, 2017. "Scholarly impact and the timing of major awards in economics," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(3), pages 1837-1852, September.
    10. Yuan Chen & Vinod Singhal & Qinghua Zhu, 2021. "Environmental policies and financial performance: stock market reaction to firms for their proactive environmental practices recognized by governmental programs," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 1548-1562, May.
    11. Wang, Yanbing & Delgado, Michael S. & Khanna, Neha & Bogan, Vicki L., 2019. "Good news for environmental self-regulation? Finding the right link," Journal of Environmental Economics and Management, Elsevier, vol. 94(C), pages 217-235.
    12. Lam, Hugo K.S. & Yeung, Andy C.L. & Cheng, T.C.E. & Humphreys, Paul K., 2016. "Corporate environmental initiatives in the Chinese context: Performance implications and contextual factors," International Journal of Production Economics, Elsevier, vol. 180(C), pages 48-56.
    13. Sahar E-Vahdati & Wan Nordin Wan-Hussin & Mohd Shazwan Mohd Ariffin, 2023. "The Value Relevance of ESG Practices in Japan and Malaysia: Moderating Roles of CSR Award, and Former CEO as a Board Chair," Sustainability, MDPI, vol. 15(3), pages 1-17, February.
    14. Ho Fai Chan & Franklin G. Mixon & Jayanta Sarkar & Benno Torgler, 2022. "Recognition and longevity: an examination of award timing and lifespan in Nobel laureates," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(6), pages 3629-3659, June.
    15. Corbet, Shaen & Larkin, Charles & McMullan, Caroline, 2020. "The impact of industrial incidents on stock market volatility," Research in International Business and Finance, Elsevier, vol. 52(C).
    16. Bruno S. Frey & Susanne Neckermann, 2008. "Awards - A View From Psychological Economics," CREMA Working Paper Series 2008-15, Center for Research in Economics, Management and the Arts (CREMA).
    17. Denise M. Keele & Susan DeHart, 2011. "Partners of USEPA Climate Leaders: an Event Study on Stock Performance," Business Strategy and the Environment, Wiley Blackwell, vol. 20(8), pages 485-497, December.
    18. Caterina Giannetti & Raimondello Orsini, 2014. "Being nice with the experimenter?," Applied Economics Letters, Taylor & Francis Journals, vol. 21(12), pages 857-861, August.
    19. Stark, Oded & Zawojska, Ewa & Kohler, Wilhelm & Szczygielski, Krzysztof, 2018. "An adverse social welfare effect of a doubly gainful trade," Journal of Development Economics, Elsevier, vol. 135(C), pages 77-84.
    20. Asongu, Simplice A. & Odhiambo, Nicholas M., 2021. "Inequality, finance and renewable energy consumption in Sub-Saharan Africa," Renewable Energy, Elsevier, vol. 165(P1), pages 678-688.

    More about this item

    Keywords

    Environmental Economics and Policy; Institutional and Behavioral Economics;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uhgewp:338798. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/fwhohde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.