This study investigates the dynamic nexus between board characteristics, sustainability initiatives, and corporate strategies, offering critical insights into their collective impact on international performance. Utilizing a structural equation model and data from Colombian SMEs, our research underscores the influential role of diverse board attributes, encompassing social and human capital, in shaping managerial practices and decision‐making processes, ultimately influencing the outcomes of internationalization endeavors. The study emphasizes the significance of internally and externally well‐connected boards in facilitating effective internationalization efforts, affirming previous research highlighting the positive influence of board social capital on international performance. Furthermore, it reveals that board human capital, particularly directors with expertise in international business, substantially contributes to informed global strategy, empowering managers to craft robust internationalization approaches. The study's pivotal finding lies in the interactive impact of organizational Sustainability, advocating for a corporate strategy centered on Sustainability, which fosters a competitive advantage and advances international performance.

中文翻译：

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协同董事会活力、可持续性和国际成功战略

本研究调查了董事会特征、可持续发展举措和公司战略之间的动态关系，提供了关于它们对国际绩效的集体影响的重要见解。我们的研究利用结构方程模型和哥伦比亚中小企业的数据，强调了董事会多元化属性（包括社会资本和人力资本）在塑造管理实践和决策过程中的影响作用，最终影响国际化努力的结果。该研究强调了内部和外部良好联系的董事会在促进有效国际化努力方面的重要性，肯定了之前强调董事会社会资本对国际绩效的积极影响的研究。此外，它还表明，董事会人力资本，特别是具有国际业务专业知识的董事，对明智的全球战略做出了重大贡献，使管理者能够制定强有力的国际化方法。该研究的关键发现在于组织可持续发展的互动影响，倡导以可持续发展为中心的企业战略，从而培养竞争优势并提高国际绩效。